Ingles Markets Inc. is reporting increased sales and net income for the three and six months ended March 31, 2018. Net sales totaled $984.6 million and net income totaled $9.3 million for the second quarter, compared with $946.2 million and $9.2 million, respectively, for the second quarter of fiscal year 2017. “Our strong sales performance […]
Category: Corporate Store News
Supervalu Completes Sale And Leaseback Of Seven DCs
Supervalu Inc. has completed the sale and leaseback of seven of its distribution centers as part of its previously announced agreement to sell eight of its owned warehouses. With the sale of these seven facilities now complete, Supervalu has entered into lease agreements for each facility for an initial term of 20 years with five […]
Shop ’n Save Campaign Showcases Its Competitive Prices
Shop ’n Save, an independently owned and operated grocery retailer with more than 90 stores in western Pennsylvania, Maryland, New York, Ohio and West Virginia, has launched its new “consumer-centric” advertising campaign. Shop ’n Save officials described the campaign as a “lighthearted, natural evolution of the grocer’s longtime tagline, Just Right,” which “goes beyond showcasing […]
Peapod By Giant Expands Into New Zip Codes In Pennsylvania
Giant Food Stores in Carlisle, Pennsylvania, is partnering with its sister company, Peapod, to expand online grocery shopping and delivery in the Reading, Birdsboro, and Temple, Pennsylvania, communities. Customers and businesses in the following zip codes can now take advantage of Peapod grocery delivery: 19508, 19560, 19601, 19602, 19604, 19605, 19606, 19607, 19608, 19609, 19610 and […]
Ahold Delhaize Invests In Artificial Intelligence Research
Ahold Delhaize says it will use the insights gained at the Innovation Center for Artificial Intelligence (ICAI), which launched at Amsterdam Science Park on April 26, to improve its businesses in both the U.S. and Europe. In the joint ICAI-Ahold Delhaize industry lab—the AIRLab, the first lab within the ICAI—seven PhDs will conduct research into “socially […]
Food Lion Investing $168M In Virginia, Will Remodel 105 Stores This Year
Food Lion plans to remodel 105 stores in the greater Norfolk, Virginia, market in 2018. The $168 million capital investment will go toward remodeling the stores, lowering prices, expanding the assortment of products, hiring approximately 5,000 new associates and promoting current associates as well as additional community partnerships through Food Lion’s hunger-relief initiative Food Lion Feeds. […]
Cash&Carry Smart Foodservice Is Now Smart Foodservice Warehouse Stores
Cash&Carry Smart Foodservice, a chain of warehouse-format stores catering to the foodservice industry based in Portland, Oregon, is rebranding to Smart Foodservice Warehouse Stores. The change reflects more than sixty years of evolution in the foodservice industry, the company says, adding that the new name will allow it to better communicate its mission of selling quality […]
Amazon Dominates Retail Industry In 2018 Brand Intimacy Report
Amazon continues to dominate the retail industry, according to marketing agency MBLM’s Brand Intimacy 2018 Report, a study of brands based on emotions. The retail industry ranked third overall in the study, following the media & entertainment and automotive industries, which placed first and second, respectively. In the retail category, Amazon was followed by Target and Whole Foods. […]
