Food City has named Ron Tacker EVP of store operations for its Knoxville division. A career grocer, Tacker brings more than 42 years of retail experience in a broad range of fields to this position. “I am confident that Ron will be a valuable asset to our company, as well as an active member of […]
Category: Corporate Store News
Posted inCorporate Store News, Executive News, Grocery Industry, Home Page Latest News, Southwest
Whole Foods Market Brings In Kohl’s Exec As New CFO, Shakes Up Board
Whole Foods Market has appointed Kohl’s executive Keith Manbeck EVP and CFO, effective May 17. He will succeed Glenda Flanagan, who last year announced her plans to retire. Manbeck will join a leadership team that is “implementing an accelerated plan to enhance shareholder value in a dynamic and increasingly competitive marketplace,” according to a press release […]
Posted inCorporate Store News, Home Page Latest News, National
Sprouts Marks 40th Consecutive Quarter Of Positive Same-Store Sales
Sprouts Farmers Market has reported results for the 13-week first quarter ended April 2, marking its 40th consecutive quarter of positive same-store sales. The company also said its new stores are performing well. The Phoenix, Arizona-based supermarket chain’s net sales for the quarter was $1.1 billion, a 14 percent increase from the same period in […]
Posted inStore News, Corporate Store News, Grocery Industry, Home Page Latest News, Midwest
Target To Test Next-Day Delivery Service In Minneapolis Area
Target plans to roll out a next-day delivery pilot in the Minneapolis area this summer. The program, called Target Restock, will allow shoppers to order household essentials—such as laundry detergent, paper towels, granola bars and coffee—and have them delivered the following day. Select team members at Target headquarters are now testing Target Restock, the company […]
Posted inCorporate Store News, Executive News, Home Page Latest News, Southeast
Spangler Promoted To VP Of Real Estate At Food City
Food City has appointed Stephen Spangler VP of real estate, succeeding Louis Scudere, who recently retired from the company after 31 years of dedicated service. “Stephen is a seasoned professional that has excelled in his role since he joined our company several years ago. He’s developed strong relationships throughout our region and has tremendous leadership […]
Posted inIngles Markets, Corporate Store News, Home Page Latest News, Southeast
Ingles Reports Results For Second Quarter, First Half Of Fiscal 2017
Ingles Markets has reported sales and net income for the three and six months ended March 25. Net sales totaled $946.2 million and net income totaled $9.2 million for the second quarter ended March 25, 2017, compared with $924.3 million and $14.4 million, respectively, for the second quarter of fiscal year 2016. Net sales totaled […]
Posted inCorporate Store News, Grocery Industry, Home Page Latest News, Independent Store News, National, Store News
These Are The Eight Standout Grocery Stores When It Comes To Price
A new Consumer Reports survey reveals eight grocery stores where consumers will find the lowest prices. The survey looked at 62 national and regional chains. According to the report, these retailers—ranging from vast warehouse clubs to an upstart from Europe—all had the most competitive prices, based on a survey of more than 50,000 Consumer Reports subscribers […]
Posted inCorporate Store News, Grocery Industry, Home Page Latest News, West
Net Sales Up, But Same-Store Down At Smart & Final
Smart & Final Stores has reported its financial results for the first quarter 2017, ended March 26. While net sales for the Commerce, California-based company increased 6.4 percent to $967.0 million, comparable store sales decreased 2.5 percent. The retailer cites impacts of deflation, cannibalization and adverse weather for the decline. Net loss for the quarter […]