Healthy Ones, makers of lean, lower sodium and heart healthy deli meats, and retail partner Jewel-Osco will host an open-to-all pedaling event called “Pedal The Plaza” on June 26. It will take place at Pioneer Court Plaza in downtown Chicago and benefit the Breast Cancer Research Foundation (BCRF). Healthy Ones, part of the John Morrell […]
Category: Corporate Store News
Ahold To Settle Pricing Practices Lawsuit For $297M
Ahold has signed an agreement to settle a class-action lawsuit pending in the U.S. District Court in Connecticut regarding pricing practices of the company’s former subsidiary, U.S. Foodservice, from 1998-2005. Under the term sheet that was signed this week, Ahold has agreed to make a payment of $297 million into a settlement fund in return […]
Albertsons Commits $12.5M For Naming Rights To Boise State Stadium
Albertson’s LLC has committed $12.5 million over 15 years to Boise State University for the naming rights to the school’s stadium. The agreement secures Albertsons Stadium through 2028, subject to approval by the Idaho State Board of Education on June 18. This is a first for both Boise State’s stadium and for Albertsons. “Since the […]
Supervalu’s 4Q Earnings Show Positive Trends
Supervalu Inc. reported Wednesday that its fourth quarter fiscal 2014 net sales were $3.95 billion, an increase of 1.4 percent vs. the same period a year ago. Net earnings totaled $26 million, or $0.10 per diluted share. Identical store sales in the Save-A-Lot network were up 2.1 percent, while ID store sales for corporate stores […]
Ahold Hosts Nutrition Education Days With Nutritionists, Vendor Partners
As part of its ongoing commitment to help customers achieve healthier lifestyles, Ahold USA hosted two nutrition education days last week at its Carlisle, Pa., support office. Topics of discussion included specific products, information and services related to nutristion and health and how to better engage and educate customers. Participants included all 12 of the […]
Farm Fresh Honoring Hampton Roads Roots During Anniversary Celebration
Established in 1957, Farm Fresh Food & Pharmacy is commemorating 57 years as the hometown grocer for residents of the Hampton Roads, Va., area, with a yearlong anniversary celebration. Highlights include customer gift card giveaways totaling more than $100,000, as well as the return of the Farmer Boy mascot under the new name “Farmer Eugene,” […]
Kroger Created More Than 7K New Jobs Last Year
The Kroger Co. says its total active workforce grew by more than 7,000 during fiscal year 2013. Approximately 90 percent of the new jobs were in the company’s supermarket divisions. “Our associates have the extraordinary opportunity to make a difference for the more than eight million customers who visit our stores each day,” said Katy Barclay, […]
Hy-Vee Expands Health Focus With Kids Fit Initiative
Kids of all ages and skill levels will have additional opportunities to participate in events making up the new Hy-Vee Kids Fit program. The events will build on the kids triathlon offerings Hy-Vee has held in the past, but will expand to include one-mile fun run and 5K options to support wellness and fight childhood […]
Safeway Confirms Talks About Possible Sale Of Company
Safeway said Wednesday afternoon that it is in discussions concerning a possible sale of the company. “Although the discussions are ongoing, the company has not reached an agreement on a transaction, and there can be no assurance that these discussions will lead to an agreement or a completed transaction,” the company said during a fourth […]
Ingles’ Net Sales Increase, But Income And Same-Store Sales Down
Ingles Markets has reported net sales of $945.1 million for its first fiscal quarter ended Dec. 28, 1.1 percent higher than last year’s first fiscal quarter ended Dec. 29, 2012 ($935.0 million). Net income totaled $9.5 million for the December 2013 quarter compared with net income of $11.6 million for the quarter ended December 2012. “We wanted […]
Meijer Offers Kids A Chance At Co-Starring Role In New Commercial
Meijer is offering its younger customers a chance for a co-starring role in an upcoming television commercial at the cost of 1 cent. The commercial is scheduled to debut across the Midwest retailer’s five-state footprint in 2014; it will feature images of children riding its iconic penny horse, Sandy, over several generations. Meijer is asking […]
Whole Foods Debuting ‘Dark Rye’ TV Series Tonight On Pivot
Whole Foods Market and Pivot, Participant Media’s TV network targeting Millennials, is launching a television series called “Dark Rye.” The first episode, hosted by Kirk Lombard, a Bay Area fisherman and forager, airs at 9:30 p.m. (ET) tonight. Dark Rye was created as an online magazine by Whole Foods Market in 2012. The publication, through […]
Kroger, Harris Teeter Deal To Close Sooner Than Expected
The Federal Trade Commission has granted early approval regarding The Kroger Co.’s acquisition of Harris Teeter Supermarkets Inc. The deal, valued at about $2.5 billion, is expected to close by the end of January. The original close date was scheduled for early February. Kroger and Harris Teeter in July announced the definitive merger agreement, which […]
Whole Foods Commits $25M In Funding For Loans To Local Producers
Whole Foods Market says its Local Producer Loan Program (LPLP) has reached the initial goal of funding $10 million in low-interest loans to local and independent food businesses, and has now committed up to $25 million in funding. The LPLP has provided 184 loans to 155 companies since its inception in 2007. In providing easier […]
Gelson’s Parent To Sell To TPG Investment Firm For $394M
Arden Group Inc., parent of Gelson’s Markets, an operator of 17 full-service specialty grocery stores in Southern California, has entered into a definitive agreement to be acquired by TPG, the global private investment firm, in an all-cash transaction valued at approximately $394 million. Under the terms of the agreement, Arden Group’s shareholders will receive $126.50 […]
Ingles Reports 49th Consecutive Year Of Sales Growth
Ingles Markets Inc. on Monday reported record sales of $3.74 billion for fiscal 2013, its 49th consecutive year of sales growth. Net income for the fourth quarter totaled $15.6 million, 17.2 percent higher than net income of $13.3 million for the fourth quarter of fiscal 2012. For the full fiscal years, net income was $20.8 […]
Tops Friendly Markets Returns To Local Ownership
Tops Friendly Markets, a leading full-service grocery retailer in upstate New York, northern Pennsylvania and western Vermont, said today that the previously announced acquisition of Tops Holding II by a group of senior managers of the company led by Tops President and CEO Frank Curci closed on Dec. 1. During the past six years under […]
Danfoss Names Winn-Dixie Its Fourth EnVisioneer Of The Year
Danfoss, a leading manufacturer of high efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration and motion systems, has recognized supermarket chain Winn-Dixie as the winner of its fourth annual EnVisioneer of the Year award. Winn-Dixie, a subsidiary of Bi-Lo Holdings, the ninth-largest conventional supermarket chain in the U.S. based on net sales, […]
Spartan Stores, Nash Finch Co. Merge To Become SpartanNash
Spartan Stores and Nash Finch Co. announced their intention to merge over the summer in an all-stock merger valued at approximately $1.3 billion, including existing net debt at each company. That merger is now official after a vote by shareholders held Monday. More than 99 percent of Spartan Stores shareholders and more than 98 percent of Nash […]
H-E-B First Company To Be Inducted Into Texas Business Hall Of Fame
During the 31st annual induction dinner, the Texas Business Hall of Fame Foundation honored H-E-B as one of this year’s inductees. This was the first time that a company, rather than an individual, was inducted into the Hall of Fame. “We are honored to receive this award,” said Craig Boyan, H-E-B president and COO. “It’s […]
