The Kroger Co. on Thursday reported net earnings of $347 million, or $0.70 per diluted share, and identical supermarket sales growth, without fuel, of 4.8 percent in the second quarter of fiscal year 2014. Net earnings in the same period last year were $317 million, or $0.60 per diluted share. It marks the Cincinnati-based grocer’s 43rd […]
Category: Corporate Store News
Posted in, Corporate Store News, Southwest
Whole Foods Market Among First Merchants To Integrate With Apple Pay
Whole Foods Market is among the first retailers participating in Apple Pay, described as “an easy, secure and private way” to make purchases from an iPhone. With Apple Pay, instead of using an actual credit or debit card number, a unique device account number is assigned, encrypted and securely stored in a dedicated chip in […]
Posted in, Corporate Store News, National
Kroger Family Of Stores Hiring 20K Employees
The Kroger Co. is hiring to fill an estimated 20,000 permanent positions in its supermarket divisions. “Kroger’s growth trajectory creates more job opportunities for current and future employees,” said Katy Barclay, Kroger’s SVP of human resources. “Right now in our stores across the country we have openings for bright, hard-working associates who are passionate about […]
Posted in, Corporate Store News, Midwest
SpartanNash Will Reopen Three N.D. Stores Under Family Fare Banner
SpartanNash invested $4 million to remodel two Econofoods stores in Dickinson, N.D., and one Sun Mart in West Fargo, N.D., and rebrand them as Family Fare Supermarkets. During all three ribbon-cutting ceremonies in late August, SpartanNash officials will thank the communities for their support and continued patience during the remodeling, and distribute pallets of backpacks and […]
Posted in, Corporate Store News, Southeast
Kroger Breaks Ground On New Georgia DC
Kroger on Tuesday broke ground on its new distribution center at Gillem Logistics Center in Forest Park, Ga. Gov. Nathan Deal led the ceremony. “The 120 new jobs and more than $175 million in investment that Kroger will bring will go a long way toward helping those living in and around Forest Park,” Deal said. […]
Posted in, Corporate Store News, National
Family Dollar Rejects Dollar General Bid
Family Dollar Stores Inc. on Thursday said its board of directors has unanimously rejected the non-binding proposal made by Dollar General Corp. on the basis of what the company calls “antitrust regulatory considerations.” In addition, the Family Dollar board unanimously reaffirmed its recommendation in support of the merger agreement with Dollar Tree Inc. Read more […]
Posted in, Corporate Store News, Southeast
Winn-Dixie, Bi-Lo Parent Withdraws Plan To Go Public
After months of silence on its plans for an initial public offering, the parent company of the Winn-Dixie and Bi-Lo supermarket chains formally withdrew its plans to go public Tuesday, the Jacksonville Daily Record reports. The Jacksonville-based company originally filed plans for an IPO with the Securities and Exchange Commission in September 2013. It made […]
Posted in, Corporate Store News, National
Dollar General Outbids Dollar Tree For Family Dollar
Dollar General has made a proposal to acquire Family Dollar Stores in a transaction valued at $9.7 billion. Dollar General’s all-cash proposal of $78.50 per share is higher than the $74.50 per share in cash and stock that Dollar Tree offered July 28 in its bid to merge with Family Dollar. Dollar General said the […]
Posted in, Albertsons, Corporate Store News, Southwest
The United Family Expands Rewards Program To West Texas
The United Family has expanded its rewards program to West Texas at its United Supermarkets, Market Street, Albertsons Market, Amigos and United Express locations. The free program launched at all seven Dallas/Fort Worth Market Street locations in April. Shoppers who join the program will receive product recommendations, digital coupons and product discounts that are individually […]
Posted in, Corporate Store News, Midwest
Merger Paying Off As Sales Rocket Upward At SpartanNash
Grand Rapids, Mich.-based SpartanNash Co. reported consolidated net sales for the second quarter of $1.8 billion vs. $651.1 million last year, an increase of 178 percent, primarily due to $1.2 billion in sales generated as a result of the November 2013 merger of Spartan Stores and Nash Finch. Reported operating earnings increased 115.3 percent to […]
Posted in, Corporate Store News, Southeast
Publix’s Sales Up 6.6 Percent In 2Q
Publix’s sales for the second quarter of 2014 were $7.5 billion, a 6.6 percent increase from last year’s $7 billion. Sales for the second quarter were positively impacted 1.3 percent due to the Easter holiday being in the second quarter of 2014. Comparable-store sales for the second quarter increased 6.3 percent. Net earnings for the […]
Posted in, Corporate Store News, Midwest
Meijer Opens New Supercenter In Marysville, Ohio
Meijer opened a supercenter store on July 31 in Marysville, Ohio. The opening of the 190,000-s.f. store at 930 Coleman’s Crossing Blvd. created more than 270 new jobs. “The Ohio market continues to be a very important growth area for us, and this new supercenter reinforces our commitment to meeting the needs of families by […]
Posted in, Corporate Store News, Southwest
Whole Foods Market Comps Still Positive But Lower Again
Whole Foods Market’s total sales increased 10 percent in its third quarter ended July 6 to a record $3.4 billion. For the 40 weeks year to date, total sales increased 10 percent to $10.9 billion, also a record. Comparable-store sales increased 3.9 percent in the third quarter. The company said the increase was driven by […]
Posted in, Corporate Store News, Northeast
Nearly 1K Rally To Support Deposed Market Basket President
An estimated crowd of 1,000 Market Basket employees and customers staged a rally Friday morning outside Market Basket headquarters in Tewksbury, Mass., to protest and demand the reinstatement of former Market Basket President Arthur T. Demoulas. David McLean, who served as Market Basket operations manager for 38 years and resigned upon the firing of Mr. […]
Posted in, Corporate Store News, National
Kroger To Buy Online Retailer Vitacost.com For $280M
The Kroger Co. plans to acquire Vitacost.com Inc., a leading online retailer of healthy living products, for approximately $280 million, or $8 per share, in cash. The purchase price represents a premium of 51 percent to Vitacost.com’s closing share price on Feb. 19, 2014, the day before a major Vitacost.com shareholder publicly asked the company […]
Posted in, Corporate Store News, Northeast
Price Chopper Eliminates Nearly 80 Positions At Headquarters
Price Chopper has cut nearly 80 positions from its corporate headquarters in Schenectady, N.Y., citing rising costs and a need for greater efficiency. Jerry Golub, the company’s president and CEO, said the current business climate forced the company to eliminate 80 positions in the company, “some through attrition and some with incumbents. The decisions were […]
Posted in, Albertsons, Corporate Store News, West
Former Albertsons SoCal Division President Passes Away
Mr. Dave Simonson, former president of Albertsons Southern California region, died this week. He was in his mid-60s. His obituary was unavailable at the time of this report. “I really enjoyed calling on Dave back in the day…what a fine gentleman,” Willie Crocker of Bimbo Bakeries said in an email. Cheryl Kennick of City of […]
Posted in, Corporate Store News, National
Safeway Receives National Animal Welfare Award
Safeway received the Henry Spira Humane Corporate Progress Award from The Humane Society of the United States. The grocery chain—the second largest in the country—earned the award for its work in 2013 to end the extreme confinement of pigs in its supply chain. In the pork industry, most breeding pigs are confined for virtually their […]
Posted in, Albertsons, Corporate Store News, Midwest
Jewel-Osco Opening Five Chicagoland Stores Today
‘Grand reopening’ celebrations planned at 14 remodeled locations tomorrow Five new Jewel-Osco stores are opening today at 5 p.m. with “celebratory galas” across Chicago. Town officials and community members from each respective neighborhood as well as Jewel-Osco executives and associates are expected to attend the events that will feature live music, sampling and other […]
Posted in, Corporate Store News, Midwest
Kroger Achieves 42nd Consecutive Quarter Of ID Sales Growth
The Kroger Co. on Thursday reported net earnings of $501 million, or $0.98 per diluted share, and identical supermarket sales growth, without fuel, of 4.6 percent in the first quarter of fiscal year 2014. It is the company’s 42nd consecutive quarter of positive identical supermarket sales growth. This also is the first period that includes […]