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  • Ingles Markets reports positive Q2 earnings

    Asheville, N.C. — Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

    Ingles reported that second-quarter net sales rose $33.4 million to $870.4 million, while second-quarter net income increased from $5.6 million to $7.7 million.

  • Winn-Dixie helps customers help their neighbors

    JACKSONVILLE, Fla. -- Winn-Dixie Stores announced that beginning April 30, guests in any of its 484 store locations throughout its operating area can help their neighbors affected by the tornadoes and severe storms that swept across the South this week by simply donating through the “Neighbors Helping Neighbors” program.

  • Weis expands 2011 cap ex budget

    Sunbury, Pa. — Weis Markets on Thursday announced an increase of its 2011 capital expenditure budget by 7% to $110 million. The current budget includes 14 major remodels, two additions and three new/replacement stores.

    The company currently is building a replacement unit near Reading, a new unit near Easton and a replacement unit near State College, all in Pennsylvania.

  • Southeast supermarket chain reports positive Q2

    ASHEVILLE, N.C. — Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

    Ingles reported that second-quarter net sales rose $33.4 million to $870.4 million, while second-quarter net income increased from $5.6 million to $7.7 million.

  • CSA survey details retailers’ BI capabilities

    New York City -- Clarity and ease of use are sticky points for retailers when it comes to implementing business intelligence, according to a recent survey on BI in retail by Chain Store Age.

  • CoStar to acquire LoopNet

    Washington, D.C. -- Commercial real estate information company CoStar Group has signed a definitive agreement to acquire LoopNet, the leading online commercial real estate marketplace.

    “CoStar revolutionized how the industry researches commercial real estate and LoopNet revolutionized the way the industry markets commercial real estate," said Andrew C. Florance, president and CEO, CoStar. "We expect the combination of our companies to give the $11 trillion commercial real estate market the full benefit of the Internet."

  • JDA Software and Gladson in strategic alliance

    Phoenix -- JDA Software Group and Gladson announced a strategic alliance to provide combined services to their joint customers in the consumer packaged goods industry.

  • OfficeMax Q1 profit falls 53%

    Naperville, Ill. -- OfficeMax said Thursday that its net income dropped 53% in the first quarter.

    Net income fell to $11.9 million from $25.4 million. Revenue fell 2.8% to $1.86 billion, though it beat analysts' estimates

    The company blamed bad weather, store discounts and "an unfavorable product sales mix shift" in the technology department. Revenue from direct sales to business customers fell more steeply than revenue in stores.

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