Walmart said Jan. 15 that it will close 269 stores globally; 154 of them are in the U.S. The U.S. stores that will close include the company’s 102 smallest format stores, Walmart Express, which had been in pilot since 2011. Walmart said it will instead focus on its supercenters, Neighborhood Markets and growing its e-commerce […]
Category: Corporate Store News
United Family Marks 100th Anniversary This Year, Kicks Off Festivities This Weekend
For The United Family, 2016 marks a historic year, as United Supermarkets celebrates the store’s 100th anniversary. What began as United Cash Store in Sayre, Oklahoma, in 1916 has grown into a multi-banner, Texas-based grocery chain with 66 stores in 36 communities. Today, The United Family operates United Supermarkets, Market Street, Albertsons Market and Amigos […]
Publix’s Crenshaw To Retire, New CEO Named
Publix Super Markets CEO Ed Crenshaw today said he plans to retire as the company’s CEO on April 30. Publix President Todd Jones will succeed Crenshaw. Crenshaw began his Publix career in 1974 as a front-service clerk in Lake Wales, Florida. After working in a variety of retail and support positions, he was promoted to director […]
Hy-Vee Promotes Marshall To COO, Names 2016 Board Of Directors
Hy-Vee EVP and Chief Retail Officer Jay Marshall has been promoted to COO of the West Des Moines, Iowa-based grocery company. He becomes only the fourth person in the grocer’s history to hold the title. Marshall will retain all responsibility for retail operations and store development and will assume responsibility for all merchandising areas in […]
Fred Meyer Gets New President As Gust Retires After 45 Years
Lynn Gust, president of Fred Meyer Stores, will retire Jan. 31 after 45 years of service to The Kroger Co., which owns the banner. Jeff Burt, who currently serves as president of Kroger’s Central Division, will succeed Gust. Fred Meyer is based in Portland, Oregon, and operates 132 stores in Alaska, Idaho, Oregon and Washington. […]
Family Dollar’s Levine Leaving With Dollar Tree Integration Complete
Dollar Tree said Friday that Howard R. Levine has completed his role in the integration of Family Dollar and Dollar Tree and is stepping down as an officer of the company, effective Jan. 15. On July 6, 2015, Dollar Tree completed its acquisition of more than 8,200 Family Dollar stores across 46 states. The company […]
Supervalu Takes Next Step to Spin Off Save-A-Lot Business
After announcing over the summer that it was exploring a separation of its Save-A-Lot business, Supervalu said Thursday that it had filed an initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission in connection with the possible spinoff of Save-A-Lot into a separate, publicly traded company. With the filing of the Form […]
Whole Foods Will Pay $500K To Settle NYC Overcharging Claims
New York City Department of Consumer Affairs (DCA) Commissioner Julie Menin said Monday that a settlement agreement has been reached with Whole Foods Market. The agreement settles DCA’s investigation into the Austin, Texas-based retailer’s alleged mislabeling of pre-packaged products. Whole Foods refused DCA’s initial demand for $1.5 million and said in a statement that it […]
Group Carries On Industry’s ‘Little Joe’s Christmas Party’ Tradition
In 1957, three men—Sam Guzzo of Oroweat Baking Co., Charlie Dragna of Barbara Ann Bread Co. and John Fusano of San Fernando Valley Olive Co.—started what would become an annual Christmas party. The event was held during the holiday season and hosted at Little Joe’s Italian Restaurant in Chinatown Los Angeles. The party quickly became […]
King Soopers And City Market Ratify Labor Agreements
The Kroger Co. associates working at King Soopers and City Market stores in Colorado have ratified new labor agreements with United Food and Commercial Workers (UFCW) Local 7. “We are pleased to reach agreements that are good for our associates. These new contracts provide wage increases, affordable healthcare and ongoing investment in our associates’ pension […]
Ingles Reports 4Q, Full Year Results
Ingles Markets on Thursday reported its fourth quarter and fiscal year 2015 results. The North Carolina-based grocery chain said it experienced record core grocery sales and record net income for fiscal 2015. Core grocery sales exclude gasoline. Total sales were $3.78 billion for fiscal 2015 compared with $3.84 billion in fiscal 2014. For the full […]
Four Grocers, Two C-Stores Make Fortune’s Best Workplaces In Retail List
Four grocery and two convenience store chains have made Fortune’s 2015 list of the “Best Workplaces in Retail.” The list of 20 is compiled based on the opinions of thousands of employees. According to Fortune, many “patterns emerge among the standouts: generous medical coverages, awesome office discounts and a parade of onsite benefits to keep […]
Pace Of Change Sparks New, And Renewed, ‘Worries’ Among Execs
Food retailing has changed greatly over the last decade, and perhaps nowhere can that be seen more clearly than through the Food Marketing Institute’s “Worry Index,” a polling of anxieties that keep executives up at night, so to speak. “One of the most distinguishing facts about this year’s list is that half of the items […]
NCB List Of Top-Producing Cooperatives Includes Several Food Companies
National Cooperative Bank (NCB), which offers banking solutions for co-ops nationwide, has released its annual NCB Co-op 100, listing the nation’s top 100 revenue-earning cooperative businesses. NCB says it is the only annual report of its kind to track the profits and successes of cooperative businesses in the U.S. Although similar to other business models, […]
Supervalu Appoints New CEO For Save-A-Lot, Casteel Will Continue As President
Supervalu Inc. has appointed Eric Claus as CEO of its Save-A-Lot segment, joining Ritchie Casteel, president, of the hard-discount banner. Claus, 59, joins the company after spending the past two-plus years as the chairman, president and CEO of Red Apple Stores Inc., a chain of value retail stores in Canada. Claus is expected to start […]
Hy-Vee’s Homefront Effort Raises More Than $216K To Assist Veterans
In November, Hy-Vee encouraged its customers to join its Hy-Vee Homefront initiative and help serve the men and women who have served America. Through its efforts, Hy-Vee will be donating more than $216,000 to organizations that assist local veterans and their families. The Hy-Vee Homefront initiative is comprised of several company efforts to recognize and […]
Former Gelson’s President Passes Away
Mr. Robert (Bob) Stiles, who served as president of Southern California supermarket chain Gelson’s from 1996-2011, has died. He worked for the company for more than 51 years. According to Gelson’s, Mr. Stiles started his career with the company in Burbank in 1960 as a grocery clerk, rising through the ranks before assuming the president’s […]
Target’s Bruce Dayton Dies At 97
One of the men credited with building Target Corp. into the retail business it is today has died. Mr. Bruce Bliss Dayton passed away Nov. 13 at his home surrounded by family. He was 97. Mr. Dayton was the last survivor of five brothers – all grandsons of The Dayton Co. founder George Draper Dayton, […]
As Proposed Merger Proceeds, Ahold And Delhaize Appoint Four More To Exec Team
Ahold and Delhaize Group on Monday revealed the proposed executive committee of Ahold Delhaize, effective upon completion of the proposed merger of the two companies. The future executive committee will be comprised of the management board members as announced in June and will be supplemented by the following four members, who will report directly to […]
Cub Foods President Stigers To Succeed Supervalu’s Retiring Haugarth
Supervalu’s Janel Haugarth, EVP and president of the company’s Independent Business and Supply Chain Services, plans to retire Dec. 26. Mike Stigers, current president of Cub Foods, has been appointed EVP of Independent Business and Supply Chain to succeed Haugarth. Haugarth has spent nearly 40 years with the Minneapolis-based company and served in a variety […]
