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Supermarket/Grocery

  • Walmart Express set to open

    New York City -- Wal-Mart will debut its Walmart Express format on June 8, in Gentry, Ark. The 15,000-sq-.ft.-store will sell many of the product categories that a traditional Walmart carries, from general merchandise to consumables. There is also a pharmacy. But it will have from 11,000 to 13,000 items, compared with the more than 100,000 items found in a typical supercenter.

  • Walgreen sales up 5.6% in May, completed acquisition

    Deerfield, Ill. -- Walgreen Co. said its same-store sales role 5.6% in May, better than Wall Street expected.

    Walgreen said pharmacy revenue from those stores rose 6.7% as it filled 7.1% more prescriptions. Front-end same-store sales grew 3.6%.

    The company also said it completed its acquisition of Drugstore.com, an online health and beauty retailer. Walgreen agreed to buy the company in March for $429 million.

  • May sales for Fred's rise as comps fall short

    MEMPHIS, Tenn. — Fred's on Thursday reported sales of $143.5 million for the four weeks ended May 28, up 1%. Comparable-store sales for the month rose 0.2%, compared with an increase of 3.5% in the same period last year.

  • Warehouse clubs deliver big comps in May

    ISSAQUAH, Wash. and WESTBOROUGH, Mass.  — Costco Wholesale and BJ’s Wholesale reported strong sales growth and produced impressive comps even without the benefit of fuel sales.

    Costco reported that net sales for the month of May increased 17% to $7.14 billion from $6.09 billion last year. This year’s May results period included sales from the company's Mexico joint venture. If these sales are excluded, Costco’s net sales increase would have been 14%.

  • Winn-Dixie helps customers prepare for hurricane season

    JACKSONVILLE, Fla. — Winn-Dixie Stores has announced its creation of a “hurricane preparedness kit” in advance of what is expected to be an extremely active year.

  • Luxury leads the way in May

     NEW YORK  — A sluggish economy, cool weather and high prices at the pump tempered retail sales in May, as retailers reported mixed results for the month. Retail Metrics projected an increase of 5.1% for the 25 chains tracked, which would mark the 21st straight monthly gain from September 2009.

    Retailers who turned in strong performances in May included Macy’s, with a 7.4% rise in same-store sales when a 5.6% increase was expected. The company lifted its full-year same-stores sales estimate.

  • Shaw's Mass. stores recognized for recycling efforts

    WEST BRIDGEWATER, Mass. — Shaw’s Supermarkets has announced that its Massachusetts stores have received supermarket recycling program certification from the Massachusetts Department of Environmental Protection. 

  • Report: Wal-Mart executives discuss South Africa acquisition

    Bentonville, Ark. -- A report Thursday by the Associated Press said that Wal-Mart Stores executives met Thursday to discuss the proposed Massmart acquisition, which is expected to close in June.

    According to the report, as Wal-Mart expands its international business, the company wants to bring ideas it gains from the South African chain to other markets.

  • Fresh Market profit edges up in Q1, to open 12-14 stores

    Greensboro, N.C. -- The Fresh Market reported Thursday that net income for the quarter ended May 1 rose to $13.5 million, compared with $12.2 million in the year-ago quarter.

    Sales increased 10% to $264.5 million and same-store sales increased 4.1%.

    During the first quarter, the retailer opened one new store in Peachtree City, Ga., bringing the current store count to 101. Fresh Market said it expects to open 12 to 14 new stores during fiscal 2011.
     

  • Retailers turn in mixed results for May; Costco, Macy’s and Saks shine

    New York City -- A sluggish economy, cool weather and high prices at the pump tempered retail sales in May, as retailers reported mixed results for the month. Retail Metrics projected an increase of 5.1% for the 25 chains tracked, which would mark the 21st straight monthly gain from September 2009.

    Among the May standouts was Costco Wholesale Corp., with a 13% rise in same-store sales. Analysts were expecting an 11.2% increase. However, without gasoline sales and beneficial foreign exchange rates, Costco’s same-store sales would have been 7%.

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