Ingles Markets said late Friday that longtime leader Jim Lanning has been promoted to CEO. Robert P. Ingle II, who had served as the chief executive, will retain the board chairman title, which he has held since 2004, and continue his day-to-day active operational role in the executive leadership of the Asheville, North Carolina-based grocery […]
Category: Corporate Store News
Posted in, Corporate Store News, Home Page Latest News, West
Raley’s Named Official Grocery Partner Of NBA’s Kings
Raley’s Family of Fine Stores has been named the official grocery partner of the NBA’s Sacramento Kings. The two organizations say they share a commitment to encourage health and wellness in Northern California residents. So as the Kings move into their newly built arena, Raley’s will join Golden 1 Center with two concessions kiosks that […]
Posted in, Bonus Content, Corporate Store News, Home Page Latest News, Shelby Signature Content, Southeast
Ralph Ketner: Always An Idea Man
Ron Johnston, Shelby Publishing Co.’s president and publisher, sat down with Ralph Ketner, founder of Food Lion, on March 7 for a by-invitation interview in Ketner’s office at Catawba College in Salisbury, North Carolina, inside The Ralph W. Ketner School of Business, which Ketner endowed in 1989. Johnston interviewed Ketner 19 years ago, about six […]
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‘Living Wage’ Should Vary Across Industry, Study Says
Should Walmart and Costco—two stores with differing target customers, business models and profit margins—be required to pay employees the same minimum wage? No, according to a new study from the National Center for Policy Analysis (NCPA). The analysis, authored by NCPA senior fellow Pam Villarreal and research associates Anna Shapovalova and Jacob Kohlhepp, warns that […]
Posted in, Corporate Store News, Home Page Latest News, West
CEO Says Smart & Final Had ‘Exceptional’ 2015
Smart & Final Stores on Wednesday reported its financial results for the 13-week and 53-week periods ended Jan. 3. Net income for the 13-week fourth quarter rose 7.4 percent to $10 million. Sales increased 18.9 percent to $997.6 million, including $73.3 million attributable to an extra week in this year’s fourth quarter. Comparable store sales increased 3.5 percent, including […]
Posted in, Aldi, Corporate Store News, Executive News, Home Page Latest News, National
Aldi Appoints Third Co-President For U.S. Operations
Aldi on Tuesday said that Brent Laubaugh, VP of its Saxonburg division, has been promoted to co-president of Aldi in the U.S., joining David Behm and Chuck Youngstrom, who continue in their roles as co-presidents. All three co-presidents report to CEO Jason Hart. Laubaugh, whose promotion becomes effective March 28, has been with Aldi for […]
Posted in, Albertsons, Bonus Content, Central Market, Corporate Store News, Home Page Latest News, Market Profile, Shelby Signature Content, Southwest, Store News
United’s Market Street Banner Growing Under Albertsons Umbrella
by Terrie Ellerbee/associate editor United Supermarkets adopted a strategic growth plan in 1998 that grew the company into what it is today. It was a milestone in the company’s timeline, as United Supermarkets opened its very first Market Street store in Wichita Falls. The Market Street banner is described as “where everyday meets gourmet” with […]
Posted in, Albertsons, Corporate Store News, Grocery Industry, National
Kroger Reports 4Q And 2015 Results
The Kroger Co. on Thursday reported its fourth quarter and full year 2015 results. The grocer reported fourth quarter net earnings of $0.57 per diluted share and identical supermarket sales growth, without fuel, of 3.9 percent. Including six weeks of Roundy’s results, identical supermarket sales growth without fuel was 3.7 percent. Fiscal 2015 net earnings […]