After announcing over the summer that it was exploring a separation of its Save-A-Lot business, Supervalu said Thursday that it had filed an initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission in connection with the possible spinoff of Save-A-Lot into a separate, publicly traded company. With the filing of the Form […]
Category: Corporate Store News
Posted in, Corporate Store News, Grocery Industry, Organic Natural, Perishables, Southwest, Store News
Whole Foods Will Pay $500K To Settle NYC Overcharging Claims
New York City Department of Consumer Affairs (DCA) Commissioner Julie Menin said Monday that a settlement agreement has been reached with Whole Foods Market. The agreement settles DCA’s investigation into the Austin, Texas-based retailer’s alleged mislabeling of pre-packaged products. Whole Foods refused DCA’s initial demand for $1.5 million and said in a statement that it […]
Posted in, Corporate Store News, Independent Store News, Shelby Signature Content, Store News, Suppliers, West, Women In The News
Group Carries On Industry’s ‘Little Joe’s Christmas Party’ Tradition
In 1957, three men—Sam Guzzo of Oroweat Baking Co., Charlie Dragna of Barbara Ann Bread Co. and John Fusano of San Fernando Valley Olive Co.—started what would become an annual Christmas party. The event was held during the holiday season and hosted at Little Joe’s Italian Restaurant in Chinatown Los Angeles. The party quickly became […]
Posted in, Corporate Store News, Southwest, Store News
King Soopers And City Market Ratify Labor Agreements
The Kroger Co. associates working at King Soopers and City Market stores in Colorado have ratified new labor agreements with United Food and Commercial Workers (UFCW) Local 7. “We are pleased to reach agreements that are good for our associates. These new contracts provide wage increases, affordable healthcare and ongoing investment in our associates’ pension […]
Posted in, Corporate Store News, Southeast
Ingles Reports 4Q, Full Year Results
Ingles Markets on Thursday reported its fourth quarter and fiscal year 2015 results. The North Carolina-based grocery chain said it experienced record core grocery sales and record net income for fiscal 2015. Core grocery sales exclude gasoline. Total sales were $3.78 billion for fiscal 2015 compared with $3.84 billion in fiscal 2014. For the full […]
Posted in, C-Store News, Corporate Store News, Independent Store News, National, Store News
Four Grocers, Two C-Stores Make Fortune’s Best Workplaces In Retail List
Four grocery and two convenience store chains have made Fortune’s 2015 list of the “Best Workplaces in Retail.” The list of 20 is compiled based on the opinions of thousands of employees. According to Fortune, many “patterns emerge among the standouts: generous medical coverages, awesome office discounts and a parade of onsite benefits to keep […]
Posted in, Albertsons, Corporate Store News, Grocery Industry, Independent Store News, National, ROFDA Reports, Shelby Originals, Shelby Signature Content, Store News, Women In The News
Pace Of Change Sparks New, And Renewed, ‘Worries’ Among Execs
Food retailing has changed greatly over the last decade, and perhaps nowhere can that be seen more clearly than through the Food Marketing Institute’s “Worry Index,” a polling of anxieties that keep executives up at night, so to speak. “One of the most distinguishing facts about this year’s list is that half of the items […]
Posted in, Corporate Store News, Independent Store News, National, Store News
NCB List Of Top-Producing Cooperatives Includes Several Food Companies
National Cooperative Bank (NCB), which offers banking solutions for co-ops nationwide, has released its annual NCB Co-op 100, listing the nation’s top 100 revenue-earning cooperative businesses. NCB says it is the only annual report of its kind to track the profits and successes of cooperative businesses in the U.S. Although similar to other business models, […]