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 […]
Category: Corporate Store News
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 […]
Posted in, Corporate Store News, Northeast
Price Chopper Eliminates Nearly 80 Positions At Headquarters
Price Chopper has cut nearly 80 positions from its corporate headquarters in Schenectady, N.Y., citing rising costs and a need for greater efficiency. Jerry Golub, the company’s president and CEO, said the current business climate forced the company to eliminate 80 positions in the company, “some through attrition and some with incumbents. The decisions were […]
Posted in, Albertsons, Corporate Store News, West
Former Albertsons SoCal Division President Passes Away
Mr. Dave Simonson, former president of Albertsons Southern California region, died this week. He was in his mid-60s. His obituary was unavailable at the time of this report. “I really enjoyed calling on Dave back in the day…what a fine gentleman,” Willie Crocker of Bimbo Bakeries said in an email. Cheryl Kennick of City of […]
Posted in, Corporate Store News, National
Safeway Receives National Animal Welfare Award
Safeway received the Henry Spira Humane Corporate Progress Award from The Humane Society of the United States. The grocery chain—the second largest in the country—earned the award for its work in 2013 to end the extreme confinement of pigs in its supply chain. In the pork industry, most breeding pigs are confined for virtually their […]
Posted in, Albertsons, Corporate Store News, Midwest
Jewel-Osco Opening Five Chicagoland Stores Today
‘Grand reopening’ celebrations planned at 14 remodeled locations tomorrow Five new Jewel-Osco stores are opening today at 5 p.m. with “celebratory galas” across Chicago. Town officials and community members from each respective neighborhood as well as Jewel-Osco executives and associates are expected to attend the events that will feature live music, sampling and other […]
Posted in, Corporate Store News, Midwest
Kroger Achieves 42nd Consecutive Quarter Of ID Sales Growth
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 […]