Supermarket/Grocery

Asheville, N.C. -- Ingles Markets Inc. said Monday that its fiscal first-quarter net income increased 9%. The supermarket chain earned $11.6 million for the quarter ended Dec. 29, up from $10.6 million a year ago.

Revenue rose 2% to $932.8 million, from $918.2 million. Ingles Markets said that weekly customer visits increased 1.4% during the quarter, while the average amount that customers spent was nearly unchanged.

Ingles Markets operates 203 supermarkets in six states in the southeastern U.S.

MINNEAPOLIS — Supervalu has named Sam Duncan president and CEO.

Deerfield, Ill. -- Walgreens announced the promotion of Joseph Magnacca from SVP to EVP, effective Feb. 1. Magnacca also retains his title as president of daily living products and solutions.

Magnacca oversees Walgreens merchandising and inventory strategy, private brands, insights and analytics, and the New York-based Duane Reade drugstore chain, which Walgreens acquired in 2010.

CHICAGO — The Network of Executive Women on Friday named Donna Giordano, president of the Ralphs division of Kroger, and Monica Turner, general manager of market strategy and planning for Procter & Gamble, co-chairs of the NEW Executive Leaders Forum 2013.

Matthews, N.C. -- Harris Teeter Supermarkets Inc. reported that its fiscal first-quarter net income rose nearly 67%. The company earned $22.8 million for the quarter that ended Jan. 1, up from $13.7 million in the same quarter last year. The prior year's results included an $18 million cost to settle some pension liabilities and employee benefits in connection with the sale of its industrial thread manufacturing company.
    

WASHINGTON — U.S. commissaries could face severe cuts if Congress fails reach a budget, leaving many military families without the benefits they rely on to make ends meet, according to the Coalition to Save Our Military Shopping Benefits.

Walmart’s efforts to gain share in California’s grocery market continued this week with the opening of another Neighborhood Market in San Jose.

The 41,000-sq.-ft. store is Walmart’s second Neighborhood Market in San Jose and third in the San Francisco area and could be a sign of more to come. Since opening it first Neighborhood Market in California last summer, the format has quickly grown to approximately 20 locations. And there are likely more to come as Walmart looks to accelerated expansion of smaller format stores nationwide in the coming years.

MATTHEWS, N.C. — Southeastern and Mid-Atlantic supermarket chain, Harris Teeter, reported that sales for the first quarter of fiscal 2013 increased by 3.7% to $1.16 billion from $1.12 billion in the first quarter of fiscal 2012. The increase in sales was driven by an increase in comparable-store sales of 2.53% and sales from new stores, partially offset by store closings.