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  • Wal-Mart de Mexico Q2 profit drops on store openings

    New York City -- Wal-Mart de Mexico SA said second-quarter profit fell 3.4% as the chain increased spending to open new stores and integrate Central American operations.

    The Mexican unit of Wal-Mart Stores reported a net income of 4.49 billion pesos ($380 million) in the April-June period, down from 4.65 billion pesos during the same three months of 2010. Revenue rose 9% to 88.37 billion pesos ($7.49 billion).

    CEO Scot Rank says spending to open new stores cut into profits but will help performance in the second half of the year.

  • Walmart, Supervalu and Walgreens to open hundreds of stores in ‘food desert’ areas

    New York City -- First Lady Michelle Obama and the Partnership for a Healthier America on Wednesday announced that that several national and regional food retailers have pledged to open or expand stores in low-income markets where finding nutritious food options can be difficult. The chains participating in the partnership include Walmart, Walgreens and Supervalu, which, in total, agreed to open or expand hundreds of locations as part of the effort to eliminate what the Department of Agriculture calls “food deserts” throughout the country.

  • Mark Tuffin takes reins at Smith's

    CINCINNATI — Kroger banner Smith's has a new president. Mark Tuffin will succeed Jim Hallsey, who is retiring from his post after 47 years of service with Smith's and Kroger, the supermarket retailer announced Tuesday. Hallsey served in his role as president of Smith's since 2001.

    Tuffin, who most recently served as Kroger's VP transition, leading the company's efforts to implement significant organizational changes between all areas of the business, brings more than 30 years of experience to his new role. Tuffin joined Smith's in 1996.

  • Weis Markets sales up in 2Q

    SUNBURY, Pa. — Northeast food retailer Weis Markets reported second-quarter sales of $676.7 million, an increase of 3.5% from sales of $653.7 million for the same period last year. Comparable-store sales were up 5.1% for the quarter. 

    According to the company, the sales growth was due to openings in three key markets, successful sales building programs, operational improvements at store level and improved administrative expense management.

  • Walmart to build new supercenter in Maryland

    Denton, Md. -- Walmart will break ground on a new supercenter in Denton, Maryland, the week of September 19. The 152,888-sq.-ft.  store will also feature a Subway.

    Walmart currently operates 35 stores and 12 Sam's Clubs in the state of Maryland.

  • Ahold looks to bring in local/diverse suppliers for its stores

    CARLISLE, Pa . — The U.S. subsidiary of Dutch supermarket operator Royal Ahold is hoping to attract local and diverse suppliers to its stores in the markets in which it operates.

  • Naartjie Kids expands into Middle East

    Saudi Arabia — Children’s retailer Naartjie Kids said Thursday it opened its first Saudi Arabia flagship store on July 9 in the Riyadh Gallery Mall.  The company said six additional Saudi Arabia stores are slated to open this month.

  • Giant Eagle unveils first two compressed natural gas fueling stations

    Pittsburgh — Giant Eagle on Thursday unveiled its first two compressed natural gas fueling stations in the Pittsburgh area at its Beechnut Drive retail support and distribution center, according to a report by Drug Store News.

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