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  • Delhaize says goodbye to Bloom, cuts back on Food Lion

    BRUSSELS — Belgian supermarket operator Delhaize Group, which operates the Food Lion, Bottom Dollar Food, Harveys, Hannaford Supermarkets, Reid's and Sweetbay regional banners in the United States, said Thursday it will close 113 Food Lion stores and eliminate the Bloom banner as part of a reorganization. The Fool Lion stores slated for closure are primarily in markets in which the company has the least store density.

  • Walmart to face Target’s ‘Operation Ontario’ in 2012

    The Germans didn’t know the precise landing point of the allied of invasion of Europe, but Walmart now knows where Target plans to launch its assault on the Canadian market.

  • Ontario onslaught marks arrival of Target

    Smart move by Target to open its first wave of Canadian stores in Ontario, as the province accounts for roughly one third of the nation’s 36 million residents and is home to Target Canada headquarters and distribution facilities.

  • Family Dollar Q1 profit up 8%, revenue misses Street

    Matthews, N.C. -- Family Dollar Stores Inc. reported Thursday that its first quarter profit rose 8% to $80.4 million, compared with $74.3 million in the year-ago period.

    Sales for the period ended Nov. 26, 2011, rose to $2.15 billion from $2 billion in the year-ago period, missing Wall Street’s expected $2.17 billion in revenue. Same-store sales rose 4.1%.

  • Target announces first 24 stores in Ontario

    Minneapolis -- Target Corp.’s plan to open 125-135 stores in Canada is rapidly taking shape, as the retailer has released the locations of its first 24 stores in the country.

    As previously announced, Target purchased the leasehold interests of 189 sites currently operated by Zellers Inc.

    The majority of Target’s initial two dozen stores will open in early 2013, and include four locations in Toronto (Centrepoint Mall, Cloverdale Mall, Shoppers World Danforth and East York Town Centre).

  • Target discloses first Canada store locations

    MINNEAPOLIS — Target has disclosed the location of its first 24 stores in Canada. As previously announced, Target purchased the leasehold interests of 189 sites currently operated by Zellers Inc., and plans to open 125 to 135 stores in Canada, the majority of which will open in 2013.

    Target plans to open stores in the following locations in March/early April 2013:

    • London Westmount, Westmount Shopping Centre

    • Kawartha Lakes, Lindsay Square Mall

  • Dollar General to open 625 stores in 2012; will enter California with 50 locations

    Goodlettsville, Tenn. -- Dollar General plans to open 625 stores and add more than 6,000 new jobs in 2012. The locations will be spread among Dollar General’s 38-state operating area, and include the new markets of California, where it will open 50 stores and a distribution center, and Massachusetts. The discounter will also open a distribution center in the Golden State this year.

  • Target supply chain exec announces retirement

    Veteran merchandising and supply chain executive Rick Maguire has announced plans to retire from his current position as SVP supply chain at Target Canada effective June 15, according to an internal company announcement.

    The move caps a 27-year career at Target that began in 1985 when Maguire joined the company as an inventory manager. It was only a year ago that Maguire was named to his current position and prior to that he spent 16 year as an SVP merchandise planning.

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