Publix’s sales for the fourth quarter of 2016, a 14-week period, were $9.1 billion, an 11.1 percent increase from the previous year’s $8.2 billion, a 13-week period. The additional week in the fourth quarter of 2016 increased sales by 7.4 percent. Comparable-store sales for the fourth quarter of 2016 increased 2.2 percent. Net earnings for […]
Category: Corporate Store News
Kroger’s 50-Plus Consecutive Quarters Of ID Sales Growth Ends
The Kroger Co.’s record 52 consecutive quarters of positive identical supermarket sales, excluding fuel, has ended as, on Thursday, the Cincinnati-based grocery chain reported that ID sales, without fuel, were down 0.7 percent in the fourth quarter of 2016, which ended Jan. 28. The company reported net earnings of $0.53 per diluted share for the […]
Harmons CFO Dies At 56, Services To Be Held Thursday
Mr. John Ward, executive board member and CFO for Harmons Grocery Stores of Utah, passed away unexpectedly Feb. 22. He was 56. Funeral services will be held Thursday, March 2. “In his 17 years of service to Harmons, John’s dedication and commitment have played an integral part in the company’s success and growth,” said Harmons […]
Kroger’s Virginia Dairy Manufactures Sustainable Milk Jug
A dairy in Virginia is the first in the Kroger organization to roll out a new lightweight gallon milk jug that the company says helps sustain the environment. Kroger’s Westover Dairy in Lynchburg has manufactured 6.2 million gallon jugs since September for milk, water, juice and tea products and is distributing them to 92 Kroger […]
Safeway Community Markets To Open In California March 1
Safeway will introduce shoppers in the Northern California towns of Berkeley, Los Altos and San Anselmo to its new Safeway Community Markets banner on Wednesday, March 1. This banner is being used on former Andronico’s Markets stores, which Safeway purchased in early November last year. Safeway purchased five stores; four are being reopened under the […]
Cub Foods President Departs, Interim Leader Named
Cub Foods President Eric Hymas, who has served in the role since January 2016, will leave the grocery chain Feb. 25, according to Cub parent company Supervalu. The announcement was made to Supervalu employees on Feb. 20. Supervalu VP of Marketing and Consumer Insights Chad Ferguson has assumed the role of interim president. Ferguson joined […]
CVS Removing Artificial Trans Fats From Store Brand Products
CVS Pharmacy claims it is the first national retail pharmacy chain to announce the removal of partially hydrogenated oils (PHOs), the primary source of artificial trans fats in processed foods, from all of its exclusive store brand food products. The retailer says it offers more than 600 exclusive snack and grocery options that are free […]
SpartanNash Sales Increases Benefit From Holiday Shift
SpartanNash said Wednesday that business gains and the timing of the New Year holiday resulted in fourth quarter sales growing to $1.83 billion from $1.77 billion a year ago. Net sales for the food distribution segment increased to $838.6 million from $773.7 million in the same quarter a year ago. The Grand Rapids, Michigan-based company said the gains […]
