Whole Foods Market has appointed Kohl’s executive Keith Manbeck EVP and CFO, effective May 17. He will succeed Glenda Flanagan, who last year announced her plans to retire. Manbeck will join a leadership team that is “implementing an accelerated plan to enhance shareholder value in a dynamic and increasingly competitive marketplace,” according to a press release […]
Category: Corporate Store News
Sprouts Marks 40th Consecutive Quarter Of Positive Same-Store Sales
Sprouts Farmers Market has reported results for the 13-week first quarter ended April 2, marking its 40th consecutive quarter of positive same-store sales. The company also said its new stores are performing well. The Phoenix, Arizona-based supermarket chain’s net sales for the quarter was $1.1 billion, a 14 percent increase from the same period in […]
Target To Test Next-Day Delivery Service In Minneapolis Area
Target plans to roll out a next-day delivery pilot in the Minneapolis area this summer. The program, called Target Restock, will allow shoppers to order household essentials—such as laundry detergent, paper towels, granola bars and coffee—and have them delivered the following day. Select team members at Target headquarters are now testing Target Restock, the company […]
Spangler Promoted To VP Of Real Estate At Food City
Food City has appointed Stephen Spangler VP of real estate, succeeding Louis Scudere, who recently retired from the company after 31 years of dedicated service. “Stephen is a seasoned professional that has excelled in his role since he joined our company several years ago. He’s developed strong relationships throughout our region and has tremendous leadership […]
Ingles Reports Results For Second Quarter, First Half Of Fiscal 2017
Ingles Markets has reported sales and net income for the three and six months ended March 25. Net sales totaled $946.2 million and net income totaled $9.2 million for the second quarter ended March 25, 2017, compared with $924.3 million and $14.4 million, respectively, for the second quarter of fiscal year 2016. Net sales totaled […]
These Are The Eight Standout Grocery Stores When It Comes To Price
A new Consumer Reports survey reveals eight grocery stores where consumers will find the lowest prices. The survey looked at 62 national and regional chains. According to the report, these retailers—ranging from vast warehouse clubs to an upstart from Europe—all had the most competitive prices, based on a survey of more than 50,000 Consumer Reports subscribers […]
Net Sales Up, But Same-Store Down At Smart & Final
Smart & Final Stores has reported its financial results for the first quarter 2017, ended March 26. While net sales for the Commerce, California-based company increased 6.4 percent to $967.0 million, comparable store sales decreased 2.5 percent. The retailer cites impacts of deflation, cannibalization and adverse weather for the decline. Net loss for the quarter […]
Supervalu Reports Wholesale Gains, ID Store Sales Take Hit
Supervalu on Tuesday reported fourth quarter and full year fiscal 2017 results, achieving gains in its Wholesale segment but taking a hit on same-store sales in its Retail organization. “We finished fiscal 2017 with momentum in our Wholesale business and an improved balance sheet resulting from the sale of Save-A-Lot,” said President and CEO Mark […]
Ciraulo Elevated To SVP Of Fresh Foods At Stater Bros.
Stater Bros. Markets has promoted John Ciraulo to SVP of fresh foods, overseeing and managing the supermarket chain’s perishable departments. “John is a well-respected and valuable member of the Stater Bros. family,” said Stater Bros. President and CEO Pete Van Helden. “John’s broad knowledge of perishable foods in addition to his extensive marketing and retail experience will allow the […]
Albertsons Cos. Appoints New Leaders For Retail Operations And Own Brands
Jewel-Osco President Mike Withers has been promoted to EVP of retail operations for Albertsons Cos. and Geoff White has been appointed to the new position of president of Albertsons Cos. Own Brands organization. Withers will lead the company’s East Region operations, while current EVP of Retail Operations Susan Morris will lead the West Region. Jim Perkins, […]
Reports: Albertsons Considering Whole Foods Market Buy
Albertsons Cos. is reportedly exploring buying Whole Foods Market, according to a report from the Financial Times. Citing the Financial Times and its sources, Business Insider reports that the private equity funds that own Albertsons, including Cerberus Capital Management, “have held talks with bankers regarding a takeover of Whole Foods.” Earlier this month, it was announced […]
Target Thinks Outside The Box With New Sustainable Packaging Goals
Target says that, as part of its sustainability commitment, it not only reviews the products it sells but the packaging they come in. “We know our guests pay attention to packaging and its impact on the environment,” said Jennifer Silberman, Target’s chief sustainability officer. “When we provide them with thoughtfully designed, environmentally friendly packaging, we’re […]
Food City Promotes Blazer To EVP Of Pharmacy And Fuel Operations
Food City has appointed Mickey Blazer to the newly combined position of EVP of pharmacy and fuel operations. Blazer brings more than 40 years of industry knowledge and experience to the position, including six years in pharmacy management, according to the grocery chain. Blazer began his retail career shortly after graduating high school. He has […]
Central Grocers Selling Strack & Van Til, Closing Nine Ultra Foods Stores
Twenty-two Strack & Van Til stores will be sold and nine Ultra Foods locations closed. The Northwest Indiana Times reports that parent company Central Grocers, based in Joliet, Illinois, is working toward a sale. The plan is to sell the 22 stores as “going concerns,” Strack & Van Til President and CEO Jeff Strack said […]
Kroger Promotes Colón To Senior Director Of Diversity
The Kroger Co.’s Angel Colón has been promoted to senior director of diversity. He has been serving as the company’s director of multicultural development for merchandising since 2008. Colon succeeds Rueben Shaffer, who retired at the end of March, as Kroger’s head of diversity and also assumes the responsibilities for the company’s strong supplier diversity […]
Walmart Opens 100th Training Academy In The U.S.
Walmart hosted grand opening festivities at its 100th training academy in the U.S. Monday, at 1225 West I-35 Frontage in Edmond, Oklahoma. Walmart training academies were introduced in 2016 and have expanded to 40 states. “Everything we do begins with our associates,” said Doug McMillon, president and CEO of Wal-Mart Stores. “That’s why we have […]
Hy-Vee Restructure Focuses On IT, Healthful Foods And Restaurant Development
Hy-Vee says it has restructured several corporate departments to allow the supermarket chain to grow in three key areas—IT, HealthMarkets and restaurant development. In the upcoming weeks, the company reports that it will add nearly 70 new positions to its corporate staff. More than 50 new full-time positions will be IT based and work at […]
Meijer Fleet Driver’s Career Spans More Than 5 Million Miles In 45 Years
When Paul Strodtbeck became a Meijer fleet driver in 1972, he joined a team of 34 drivers who made daily deliveries to the retailer’s 24 stores in Michigan. Gas cost 36 cents per gallon, and Strodtbeck drank “two gallons too much of coffee” while listening to “twangy” country music. Much has changed in the past […]
H-E-B Marks 100,000-Employee Milestone
San Antonio-based H-E-B’s employee count across Texas and Mexico now totals 100,000, confirming the grocery chain’s position as the largest privately held employer in the state of Texas and one of the largest privately held retailers in the nation. H-E-B employs more than 90,000 people in 332 Texas stores and more than 10,000 people in […]
Walmart ‘Aggressively’ Expanding Grocery Pickup As It Also Rolls Out Online Discount
Walmart is “aggressively” expanding its Online Grocery Pickup Service, according to Mark Lore, president and CEO of Walmart U.S. e-commerce. Lore says on the company’s website that the service is now in 600 stores with an additional 500 coming this year. That news comes as Lore also reveals that, beginning April 19, Walmart will begin […]
