Should Walmart and Costco—two stores with differing target customers, business models and profit margins—be required to pay employees the same minimum wage? No, according to a new study from the National Center for Policy Analysis (NCPA). The analysis, authored by NCPA senior fellow Pam Villarreal and research associates Anna Shapovalova and Jacob Kohlhepp, warns that […]
Category: Store News
Posted in, Grocery Industry, Home Page Latest News, National, Store News
Study: Balancing Next And Older Generations Of Shoppers May Prove Challenging For Grocers
The Food Marketing Institute (FMI) has introduced its survey analysis of short- and long-term financial strategies food retailers are employing in the current economic environment. FMI’s Financial and Strategic Initiatives in Food Retailing Study 2016, prepared by 210Analytics, and made financially possible by BMO Harris Bank, explores 2015 operating results among 35 food retailing companies and offers predictions as to what will drive their success over the next two years—from sales and […]
Posted in, C-Store News, Home Page Latest News, Southwest
QuikTrip Co-Founder Dies At 84
Mr. Chester E. Cadieux, who co-founded the Tulsa, Oklahoma-based QuikTrip convenience store chain, died Monday at his home in Tulsa. He was 84. According to a report in Tulsa World, Mr. Cadieux and Burt Holmes opened the first QuikTrip in 1958 in Tulsa. Today, the Cadieux family is behind some 700 QuikTrip gas station and convenience stores […]
Posted in, Home Page Latest News, Independent Store News, Midwest, Store News
Festival Foods Will Open In Madison On April 8
The new Festival Foods grocery store in Madison, Wisconsin, located at 810 East Washington Avenue, is expected to open April 8. The store will be Festival Foods’ 22nd location in Wisconsin. It will offer natural and organic foods, fresh sushi, a healthy salad and hot food bar as well as an extensive deli and catering […]
Posted in, Bonus Content, Grocery Industry, Home Page Latest News, National, Online Grocery Technology, Perspectives, Shelby Signature Content, Store News, Suppliers
Improving On-Shelf Availability: The Next Evolution Of Retailer-Supplier Collaboration
by Ted Moyer/Special to The Shelby Report Retailers are facing unprecedented pressure to increase sales, decrease costs and retain customers. And grocery retailers are no exception; the industry has reached new competitive heights thanks to the rise of omni-channel and new store formats. As a result, the battle for profits and shopper loyalty has never […]
Posted in, Albertsons, Home Page Latest News, Independent Store News, Southwest, Store News
Seven Lawrence Bros. Stores In Texas, New Mexico Going To The United Family
Albertsons-owned The United Family plans to acquire seven Lawrence Bros. Co. stores in West Texas and New Mexico. Lawrence Bros. will still own and continue to operate stores in 17 markets. The Texas stores are located in Abilene, Breckenridge, Clyde, Seminole and Seymour. The New Mexico stores are in Roswell and Ruidoso. The transitions are […]
Posted in, C-Store News, Grocery Industry, Southwest, Suppliers
McLane Co. Extends Multi-Year Agreement With Pilot Flying J
Temple, Texas-based supply chain services provider McLane Co. has extended a multi-year agreement for 530 Pilot Flying J Travel Center locations. McLane’s ability to service all stores within the 42 states where Pilot Flying J operates was a factor in the company’s decision to extend the agreement, according to Laura Palenkas, Pilot Flying J’s VP […]
Posted in, Corporate Store News, Home Page Latest News, West
CEO Says Smart & Final Had ‘Exceptional’ 2015
Smart & Final Stores on Wednesday reported its financial results for the 13-week and 53-week periods ended Jan. 3. Net income for the 13-week fourth quarter rose 7.4 percent to $10 million. Sales increased 18.9 percent to $997.6 million, including $73.3 million attributable to an extra week in this year’s fourth quarter. Comparable store sales increased 3.5 percent, including […]