Skip to main content

Distribution

  • Reports: Amazon may expand grocery service to New York

    SEATTLE -- Amazon's grocery service might be making its way to New York next year, according to published reports.

    Citing analysis from SunTrust analyst Robert Peck, EcommerceBytes.com reported that the Seattle-based online retailer may start offering Amazon Fresh in New York in 2014, based on his finding that the company had expanded into a New Jersey warehouse previously used by C&S Wholesale Grocers.

  • 99 Cents Only goes from loss to gain in Q1 ‘14

    City of Commerce, Calif. -- 99 Cents Only Stores had a positive first quarter of fiscal 2014, swinging from a net loss to net income and also reporting gains in net and same-store sales. The retailer reported net income of $3.16 million, compared to a net loss of about $4.9 million a year earlier.

  • Holiday Stationstores Announces Expansion in Dakotas

    MinneapolisHoliday Stationstores has reached an agreement with I-90 Fuel Services to convert 16 of The Gas Stop convenience stores to Holiday Stationstores, expanding the Holiday brand in the South Dakota and Southwestern Minnesota markets.

    The Gas Stop stores making the conversion are located in Sioux Falls, Aberdeen, Brandon, Mitchell, Mobridge, Pierre and Volga, South Dakota. The Minnesota stores are in Luverne and Worthington.

     

  • Costco same-store July sales rise but miss estimates

    ISSAQUAH, Wash. — Costco Wholesale Corporation reported net sales of $7.87 billion for the month of July, the four weeks ended August 4, an increase of 7% from $7.36 billion during the similar period last year.

    For the 48 weeks ended August 4, the company reported net sales of $94.91 billion, an increase of 8% from $87.7 billion during the similar period last year.

  • Delhaize sees Q2 profit soar 20%

    Brussels, Belgium – Delhaize Group reported increases in net profit, same-store sales and revenues during the second quarter of fiscal 2013.  Net profit totaled $139.2 million, up 20% from the same quarter in the prior year. Same-store sales grew 1.1% in the U.S. and 0.8% in Belgium, while revenues came to roughly $7.1 billion, a year-over-year increase of 7.1%.

  • Report: Wal-Mart may bid on Hong Kong grocery chain

    Bentonville, Ark. – Wal-Mart is considering entering the bidding for Hong Kong-based grocery chain ParknShop, Reuters reports. Wal-Mart is currently exploring options to enter the initial bidding process for ParknShop, which closes Aug. 16.

    ParknShop is owned by Hutchison Whampoa Ltd., which in turn is owned by Li Ka-shing, reputedly the wealthiest man in Asia. The chain may be valued as high as $4 billion.

    Wal-Mart, which has not commented publicly, said last year it would open 100 new stores in China by 2015.

     

  • Deal report has Walmart linked to Hong Kong

    Walmart may make a bid for 345 store Hong Kong supermarket chain known as ParknShop that is owned by Hutchison Whampoa, according to a Reuters report that cited people familiar with the matter.

    Walmart is often linked to international retailers as a potential acquirer and according to the Reuters report it is among eight potential suitors for ParknShop who have until August 16 to submit preliminary offers.

  • No surprises for Maidenform Brands’ Q2 results

    ISELIN, N.J. — Maidenform Brands’ reported total net sales of $145.4 million for the second quarter ended June 29, a 7.7% decrease from $157.5 million for the same quarter last year, were in line with the company’s expectations. 

X
This ad will auto-close in 10 seconds