The Kroger Co. on Thursday reported net earnings of $501 million, or $0.98 per diluted share, and identical supermarket sales growth, without fuel, of 4.6 percent in the first quarter of fiscal year 2014. It is the company’s 42nd consecutive quarter of positive identical supermarket sales growth. This also is the first period that includes […]
Category: Corporate Store News
Posted in, Corporate Store News, Midwest
Jewel-Osco And Healthy Ones To ‘Pedal The Plaza’ In Chicago June 26
Healthy Ones, makers of lean, lower sodium and heart healthy deli meats, and retail partner Jewel-Osco will host an open-to-all pedaling event called “Pedal The Plaza” on June 26. It will take place at Pioneer Court Plaza in downtown Chicago and benefit the Breast Cancer Research Foundation (BCRF). Healthy Ones, part of the John Morrell […]
Posted in, Corporate Store News, Northeast
Ahold To Settle Pricing Practices Lawsuit For $297M
Ahold has signed an agreement to settle a class-action lawsuit pending in the U.S. District Court in Connecticut regarding pricing practices of the company’s former subsidiary, U.S. Foodservice, from 1998-2005. Under the term sheet that was signed this week, Ahold has agreed to make a payment of $297 million into a settlement fund in return […]
Posted in, Albertsons, Corporate Store News, Midwest
Albertsons Commits $12.5M For Naming Rights To Boise State Stadium
Albertson’s LLC has committed $12.5 million over 15 years to Boise State University for the naming rights to the school’s stadium. The agreement secures Albertsons Stadium through 2028, subject to approval by the Idaho State Board of Education on June 18. This is a first for both Boise State’s stadium and for Albertsons. “Since the […]
Posted in, Corporate Store News, National
Supervalu’s 4Q Earnings Show Positive Trends
Supervalu Inc. reported Wednesday that its fourth quarter fiscal 2014 net sales were $3.95 billion, an increase of 1.4 percent vs. the same period a year ago. Net earnings totaled $26 million, or $0.10 per diluted share. Identical store sales in the Save-A-Lot network were up 2.1 percent, while ID store sales for corporate stores […]
Posted in, Corporate Store News, National
Ahold Hosts Nutrition Education Days With Nutritionists, Vendor Partners
As part of its ongoing commitment to help customers achieve healthier lifestyles, Ahold USA hosted two nutrition education days last week at its Carlisle, Pa., support office. Topics of discussion included specific products, information and services related to nutristion and health and how to better engage and educate customers. Participants included all 12 of the […]
Posted in, Corporate Store News, Southeast
Farm Fresh Honoring Hampton Roads Roots During Anniversary Celebration
Established in 1957, Farm Fresh Food & Pharmacy is commemorating 57 years as the hometown grocer for residents of the Hampton Roads, Va., area, with a yearlong anniversary celebration. Highlights include customer gift card giveaways totaling more than $100,000, as well as the return of the Farmer Boy mascot under the new name “Farmer Eugene,” […]
Posted in, Corporate Store News, National
Kroger Created More Than 7K New Jobs Last Year
The Kroger Co. says its total active workforce grew by more than 7,000 during fiscal year 2013. Approximately 90 percent of the new jobs were in the company’s supermarket divisions. “Our associates have the extraordinary opportunity to make a difference for the more than eight million customers who visit our stores each day,” said Katy Barclay, […]