Walmart reported today that it continued to gain traction in both food sales and its e-commerce business in its second quarter. Walmart U.S. traffic increased 1.3 percent and comparable-store sales grew 1.8 percent. It marks Walmart’s 12th consecutive quarter of positive comp sales. “The grocery business continued to improve as food categories delivered the strongest […]
Category: Corporate Store News
Urban Grocery Study Reveals Growing Food Deserts, Significant Shift To Small-Format Stores
According to Mid-America Real Estate Corp.’s biennial Urban Grocery Study published this month, the Chicago grocery sector showed a net loss of nine stores from 2015-17, totaling a loss of 544,512 s.f. of operating or to-be-opened inventory. The average store size continued its downsizing trend as evidenced by the fact that the average size of closed stores over […]
Ingles Posts FY 3Q, Nine-Month Results
Ingles Markets has reported sales and net income for the three and nine months ended June 24. The three-month period ended June 2017 benefitted from extra Easter sales, according to the Asheville, North Carolina-based grocery chain. Easter occurred in April 2017 and benefitted third quarter 2017 sales. Easter occurred in March 2016, in the company’s […]
Harris Teeter Launches HT ‘Home Town’ Local Products Campaign
A recent study conducted by Concentric found that 77 percent of Harris Teeter shoppers would be more likely to purchase a product if they knew that it had been produced locally. When asked why local products appealed to them, shoppers said, “I want to support my local community”; “Local brands feel exclusive to my area”; and […]
Former Target Exec Takes Over As CEO Of Fiesta Mart As Byars Steps Down
Houston-based Fiesta Mart has appointed Sid Keswani as its new CEO. He replaces Mike Byars. Keswani has extensive retail background and a proven track record of success, according to Fiesta. He previously served 19 years at Target Corp., rising to the rank SVP. Prior to working with Target, Keswani served as SVP of operations for Susser Holdings, […]
Stater Bros. Markets Expands Instacart Service
Stater Bros. Markets is expanding its Instacart service in Orange County, Long Beach, San Diego and Simi Valley. Beginning Tuesday, Stater Bros. will expand this service to locations covering zip codes in areas of the Inland Empire, the San Gabriel Valley, the Low Desert and Los Angeles. These zip codes include: 90713, 90715, 90716, 90670, 90701, 90623, 90621, […]
Hy-Vee Rolls Out First Products In Clean Honest Ingredients Initiative
Hy-Vee customers will have a lot fewer ingredients to read on the labels of select Hy-Vee brand food items, as the the supermarket chain says that, as as part of its Clean Honest Ingredients label initiative, it will eliminate more than 200 artificial ingredients or synthetic chemicals in 1,000 Hy-Vee label products by July 2018. […]
Schnucks To Co-Host Eclipse Party In Downtown St. Louis
On 1:18 p.m. Monday, Aug. 21, the St. Louis metropolitan area will experience its first total solar eclipse since 1442. To celebrate the rare occurrence, Schnucks has partnered with the Gateway Arch Park Foundation to host an eclipse party in downtown St. Louis. The two St. Louis institutions are inviting all to attend the party […]
