Dollar General has made a proposal to acquire Family Dollar Stores in a transaction valued at $9.7 billion. Dollar General’s all-cash proposal of $78.50 per share is higher than the $74.50 per share in cash and stock that Dollar Tree offered July 28 in its bid to merge with Family Dollar. Dollar General said the […]
Category: Corporate Store News
Posted in, Albertsons, Corporate Store News, Southwest
The United Family Expands Rewards Program To West Texas
The United Family has expanded its rewards program to West Texas at its United Supermarkets, Market Street, Albertsons Market, Amigos and United Express locations. The free program launched at all seven Dallas/Fort Worth Market Street locations in April. Shoppers who join the program will receive product recommendations, digital coupons and product discounts that are individually […]
Posted in, Corporate Store News, Midwest
Merger Paying Off As Sales Rocket Upward At SpartanNash
Grand Rapids, Mich.-based SpartanNash Co. reported consolidated net sales for the second quarter of $1.8 billion vs. $651.1 million last year, an increase of 178 percent, primarily due to $1.2 billion in sales generated as a result of the November 2013 merger of Spartan Stores and Nash Finch. Reported operating earnings increased 115.3 percent to […]
Posted in, Corporate Store News, Southeast
Publix’s Sales Up 6.6 Percent In 2Q
Publix’s sales for the second quarter of 2014 were $7.5 billion, a 6.6 percent increase from last year’s $7 billion. Sales for the second quarter were positively impacted 1.3 percent due to the Easter holiday being in the second quarter of 2014. Comparable-store sales for the second quarter increased 6.3 percent. Net earnings for the […]
Posted in, Corporate Store News, Midwest
Meijer Opens New Supercenter In Marysville, Ohio
Meijer opened a supercenter store on July 31 in Marysville, Ohio. The opening of the 190,000-s.f. store at 930 Coleman’s Crossing Blvd. created more than 270 new jobs. “The Ohio market continues to be a very important growth area for us, and this new supercenter reinforces our commitment to meeting the needs of families by […]
Posted in, Corporate Store News, Southwest
Whole Foods Market Comps Still Positive But Lower Again
Whole Foods Market’s total sales increased 10 percent in its third quarter ended July 6 to a record $3.4 billion. For the 40 weeks year to date, total sales increased 10 percent to $10.9 billion, also a record. Comparable-store sales increased 3.9 percent in the third quarter. The company said the increase was driven by […]
Posted in, Corporate Store News, Northeast
Nearly 1K Rally To Support Deposed Market Basket President
An estimated crowd of 1,000 Market Basket employees and customers staged a rally Friday morning outside Market Basket headquarters in Tewksbury, Mass., to protest and demand the reinstatement of former Market Basket President Arthur T. Demoulas. David McLean, who served as Market Basket operations manager for 38 years and resigned upon the firing of Mr. […]
Posted in, Corporate Store News, National
Kroger To Buy Online Retailer Vitacost.com For $280M
The Kroger Co. plans to acquire Vitacost.com Inc., a leading online retailer of healthy living products, for approximately $280 million, or $8 per share, in cash. The purchase price represents a premium of 51 percent to Vitacost.com’s closing share price on Feb. 19, 2014, the day before a major Vitacost.com shareholder publicly asked the company […]