Kroger celebrated its new state-of-the-art distribution center at 2000 Anvil Block Road in Forest Park, Georgia, with a ribbon-cutting ceremony on Tuesday. The Forest Park distribution center enables Kroger to provide full-line distribution services for existing and future stores. Construction of the 1 million-s.f. facility located on 253 acres began in summer 2014 with an investment […]
Category: Corporate Store News
Supervalu Reports 2Q Fiscal 2016 Results
Minneapolis-based Supervalu on Wednesday reported second quarter fiscal 2016 net sales of $4.06 billion and net earnings from continuing operations of $31 million, or $0.11 per diluted share, which included $6 million in after-tax costs related to the potential separation of Save-A-Lot and severance costs. When adjusted for these items, second quarter fiscal 2016 net […]
Reports: Brookshire’s Exploring Sale
Numerous media outlets are reporting that Brookshire Grocery Co. (BGC) is exploring a sale of its more than 150 stores in Texas, Louisiana and Arkansas. The sale of the East Texas-based chain could value Brookshire’s at as much as $1 billion, including debt, according to one report. Representatives for the company reportedly told local news […]
Biggs To Succeed Holley As Walmart’s CFO
Brett Biggs will succeed Walmart CFO Charles Holley, who has elected to retire. The change takes effect Dec. 31. Holley will stay on until Jan. 31, 2016, to help with the transition. Holley, 59, has served as Walmart’s EVP and CFO since December 2010. Since January 2014, Biggs has served as EVP and CFO of Walmart […]
Aldi Reformulating Exclusive Brand Food Products
Discount grocer Aldi has removed certified synthetic colors and partially hydrogenated oils, as well as removed added MSG, from all of its exclusive brand food products. The announcement is part of the company’s efforts to expand store offerings and address customers’ preferences and needs about particular ingredients in their food. With 90 percent of Aldi […]
Special—H-E-B At 110: From Humble Beginnings To A Texas Icon
It was Nov. 26, 1905, to be exact, when Florence Butt opened the C.C. Butt Grocery Store with her savings of $60 to support her ailing husband and three children. For $9 a month, she leased the 450-s.f. store on the ground floor of a small frame building on Main Street in Kerrville, Texas. Sales […]
NorCal Chains Reach Tentative Agreements With Union
UFCW 8-Golden State has reached tentative contract agreements with both Safeway and Vons in California markets, the union announced Sept. 23. The tentative agreements were signed with Safeway stores in Northern and Central California and Vons in Fresno. The four-year agreement with Safeway “protects and enhances” the wages, benefits and workplace standards for about 9,000 […]
Smart & Final Stores Elects Two New Directors
Smart & Final Stores has elected Paul N. Hopkins and Kenneth I. Tuchman to its board of directors. Dave Hirz, president and CEO, said, “I’m pleased that Paul and Ken are joining our board of directors, adding extensive and diverse strategic expertise that will complement our current board and support the Smart & Final leadership […]
