King Kullen Grocery Co. Co-Chairman and former President Bernard D. Kennedy passed away Feb. 17 at his home in Point Lookout, New York. The announcement was made by Kennedy’s sons, King Kullen Co-President J. Donald Kennedy and King Kullen Secretary and General Counsel Bernard P. Kennedy. Mr. Kennedy was 92. The second generation of four […]
Category: Store News
Posted inRecommended Reading, Amazon Fresh, Bonus Content, Corporate Store News, Grocery Industry, Grocery Store Layout, Home Page Latest News, Store News, West, Whole Foods
Recommended: Amazon Plans To Open As Many As Six More Go Stores This Year
Amazon’s much-heralded convenience store of the future, Amazon Go, may seem like a crazy experiment. But the company plans to open as many as six more of these storefronts this year, multiple people familiar with the company’s plans have told Recode. Some of the new high-tech stores are likely to open in Amazon’s hometown of […]
Posted inAssociation News, C-Store News, National, Store News
Driving Habits Stable Despite Turbulent Stock Market, Rising Gas Prices
According to a National Association of Convenience Stores (NACS) Consumer Fuels survey, consumer optimism has dipped in February, but Jeff Lenard, NACS VP of strategic industry initiatives, said it does not mean consumer spending is poised to suffer. A turbulent stock market compounded by a 9-cent increase in gas prices lowered February consumer economic optimism […]
Posted in, Grocery Industry, Home Page Latest News, Store News
Tops Markets Files Chapter 11 To Pursue Financial Restructuring
Tops Markets LLC announced Feb. 21 that it has filed for Chapter 11 bankruptcy protection and is pursuing a financial restructuring in order to eliminate a substantial amount of debt from its balance sheet. The hope is that the move will position Tops for long-term success. Tops’ portfolio of stores in Upstate New York, northern […]
Posted inCorporate Store News, Grocery Industry, Home Page Latest News, Southwest, Store News
Walmart Reports 23 Percent Increase In E-Commerce Sales In 4Q
Walmart U.S. this week released highlights from its fourth quarter and its fiscal year. In the fourth quarter, total revenue was $136.3 billion, an increase of $5.3 billion, or 4.1 percent. Excluding currency, total revenue was $135.1 billion, an increase of $4.1 billion, or 3.1 percent. Comp sales increased 2.6 percent, and comp traffic increased […]
Posted inC-Store News, Grocery Industry, Grocery Store Layout, Home Page Latest News, Southwest, Store News
Big Red Stores To Open Three New Central Arkansas Locations This Year
Big Red Stores has begun construction on its 37th c-store in Central Arkansas, located in North Little Rock on Counts Massie Road. The store will serve the Maumelle and North Little Rock Communities, and it will incorporate the company’s new contemporary design, developed to meet changing customer needs, says Big Red. The new store will feature […]
Posted inGrocery News, Albertsons, Corporate Store News, Grocery Industry, Health & Wellness, Home Page Latest News, National, Store News
Albertsons Cos. Merging With Rite Aid, Will Rebrand Store Pharmacies
Albertsons Cos. and drugstore chain Rite Aid Corp. have entered into a definitive merger agreement under which privately held Albertsons Cos. will merge with publicly traded Rite Aid. Current Rite Aid Chairman and CEO John Standley will become CEO of the combined company, with current Albertsons Cos. Chairman and CEO Bob Miller serving as chairman. […]
Posted inNortheast, Independent Store News, Store News, Wholesaler/Distributor News
New Hampshire’s McKinnon’s Market Receives Dual Honors From IGA
McKinnon’s Supermarket and Super Butcher Shop of Portsmouth, New Hampshire, serviced by Bozzuto’s, has received dual honors from IGA. It was named a 2018 Hometown Proud Retailer and received a CEO’s Innovation Award. This year was the first year the innovation awards were presented. McKinnon’s Marketplace prides itself on having the largest selection of meat […]