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 […]
Category: Corporate Store News
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 […]
Posted inCorporate Store News, Grocery Industry, Home Page Latest News, National, Wholesaler/Distributor News
Supervalu Reports Wholesale Gains, ID Store Sales Take Hit
Supervalu on Tuesday reported fourth quarter and full year fiscal 2017 results, achieving gains in its Wholesale segment but taking a hit on same-store sales in its Retail organization. “We finished fiscal 2017 with momentum in our Wholesale business and an improved balance sheet resulting from the sale of Save-A-Lot,” said President and CEO Mark […]
Posted inCorporate Store News, Deli News, Executive News, Food Service News, Home Page Latest News, Perishables, West
Ciraulo Elevated To SVP Of Fresh Foods At Stater Bros.
Stater Bros. Markets has promoted John Ciraulo to SVP of fresh foods, overseeing and managing the supermarket chain’s perishable departments. “John is a well-respected and valuable member of the Stater Bros. family,” said Stater Bros. President and CEO Pete Van Helden. “John’s broad knowledge of perishable foods in addition to his extensive marketing and retail experience will allow the […]
Posted inExecutive News, Albertsons, Corporate Store News, Grocery Industry, Home Page Latest News, National
Albertsons Cos. Appoints New Leaders For Retail Operations And Own Brands
Jewel-Osco President Mike Withers has been promoted to EVP of retail operations for Albertsons Cos. and Geoff White has been appointed to the new position of president of Albertsons Cos. Own Brands organization. Withers will lead the company’s East Region operations, while current EVP of Retail Operations Susan Morris will lead the West Region. Jim Perkins, […]
Posted inStore News, Albertsons, Corporate Store News, Grocery Industry, Home Page Latest News, National
Reports: Albertsons Considering Whole Foods Market Buy
Albertsons Cos. is reportedly exploring buying Whole Foods Market, according to a report from the Financial Times. Citing the Financial Times and its sources, Business Insider reports that the private equity funds that own Albertsons, including Cerberus Capital Management, “have held talks with bankers regarding a takeover of Whole Foods.” Earlier this month, it was announced […]
Posted inCorporate Store News, Home Page Latest News, National, Packaging News, Private Label Brands, Sustainability News
Target Thinks Outside The Box With New Sustainable Packaging Goals
Target says that, as part of its sustainability commitment, it not only reviews the products it sells but the packaging they come in. “We know our guests pay attention to packaging and its impact on the environment,” said Jennifer Silberman, Target’s chief sustainability officer. “When we provide them with thoughtfully designed, environmentally friendly packaging, we’re […]