Fareway Stores on Tuesday announced eight promotions during the Boone,-Iowa-based company’s quarterly managers meeting. The company did not provide the employees’ previous roles. • SVP-procurement: Aaron J. Irlbeck • SVP-merchandising: Michael J. McCormick • VP-engineering: Matthew J. Sherwood • VP-direct store delivery: Thomas J. Laven • VP-warehouse and trucking operations: Wesley D. Bass • VP-produce […]
Category: Corporate Store News
Supervalu Aids Hunger Relief With $1M In Donations
Supervalu says that its Supervalu Foundation will donate $1 million to 34 nonprofits that provide hunger and food-related relief to those in need in local communities across the country. The $1 million in donations will benefit local communities in 17 states and the District of Columbia. Recipient organizations include local food bank affiliates of Feeding […]
Food Lion Reveals Ralph W. Ketner Store Manager Excellence Award Winners
Food Lion has named five store managers as divisional award winners, making them eligible for its Ralph W. Ketner Store Manager of the Year Award to be presented later this month. These awards, named for Food Lion’s co-founder who died last year, recognize and honor exceptional store managers who the grocery chain says enrich the […]
Whole Foods Closing Nine Stores In Five Regions
Whole Foods Market said during its earnings call Wednesday that it will close nine stores in the second quarter. According to John Mackey, co-founder and CEO, the company has been moderating its lease signings and capital expenditures over the last two years. “We are also continually evaluating stores on a case-by-case basis, balancing the age, […]
Kroger Buys Murray’s Cheese, Including NYC Flagship Shop
The Kroger Co. has purchased Murray’s Cheese, as well as its flagship location on Bleecker Street in New York City. Financial terms of the deal were not disclosed. “For cheese lovers and connoisseurs, it doesn’t get more authentic than Murray’s,” said Rodney McMullen, Kroger’s chairman and CEO. “Our customers are excited to buy the unique […]
Ingles’ First Quarter Same-Store Sales Up 1.8 Percent
Ingles Markets on Thursday reported higher sales and net income for the three months ended Dec. 24, 2016, compared with the same three months in the prior year. Total sales rose 3.3 percent over the comparative quarters. Net income totaled $13.8 million for the company’s first quarter of fiscal 2017 vs. $13.0 million in the […]
Albertsons Touts Accomplishments On Two-Year Anniversary Of Safeway Acquisition
Albertsons Cos. says it has grown its workforce by 10 percent, creating 26,000 jobs, since it acquired Safeway two years ago. In addition, the grocery chain says it has built or acquired 174 locations; increased healthy food and financial donations; and elevated its commitment to sustainability. “We added an exceptional class of talented employees to […]
As Merger Agreement Is Extended, Walgreens Must Divest More Stores In Order To Acquire Rite Aid
Walgreens Boots Alliance and Rite Aid Corp. on Monday have extended their previously announced definitive merger agreement under which Walgreens Boots Alliance will acquire Rite Aid. The agreement extends the time period in which the companies can obtain regulatory approval to merge from Jan. 27 to July 31, 2017. Under the terms of the amendment, […]
