Kroger on Tuesday broke ground on its new distribution center at Gillem Logistics Center in Forest Park, Ga. Gov. Nathan Deal led the ceremony. “The 120 new jobs and more than $175 million in investment that Kroger will bring will go a long way toward helping those living in and around Forest Park,” Deal said. […]
Category: Corporate Store News
Posted in, Corporate Store News, National
Family Dollar Rejects Dollar General Bid
Family Dollar Stores Inc. on Thursday said its board of directors has unanimously rejected the non-binding proposal made by Dollar General Corp. on the basis of what the company calls “antitrust regulatory considerations.” In addition, the Family Dollar board unanimously reaffirmed its recommendation in support of the merger agreement with Dollar Tree Inc. Read more […]
Posted in, Corporate Store News, Southeast
Winn-Dixie, Bi-Lo Parent Withdraws Plan To Go Public
After months of silence on its plans for an initial public offering, the parent company of the Winn-Dixie and Bi-Lo supermarket chains formally withdrew its plans to go public Tuesday, the Jacksonville Daily Record reports. The Jacksonville-based company originally filed plans for an IPO with the Securities and Exchange Commission in September 2013. It made […]
Posted in, Corporate Store News, National
Dollar General Outbids Dollar Tree For Family Dollar
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 […]
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 […]