Energy Transfer Partners (ETP), owner of Sunoco, has entered into a definitive merger agreement whereby ETP will acquire Susser Holdings Corp. (SUSS) in a unit and cash transaction valued at approximately $1.8 billion. The deal is expected to close in the third quarter of 2014. By acquiring Susser Holdings, ETP will own the general partner […]
Category: Store News
Posted in, Northeast, Store News
Weis Markets’ 2014 Growth Plan Totals $101M
Weis Markets said last week that it plans to invest $101 million in its growth program in 2014. President and CEO Jonathan Weis briefed shareholders on the company’s plans during Weis Markets’ annual shareholders meeting April 24. “Since 2008, we have invested more than $500 million in our growth and improvement programs. During this period, […]
Posted in, Independent Store News, Midwest
Buehler’s Wooster Milltown Launches Promotions To Engage Customers During Remodel
In anticipation of Phase 3 of its remodel, Buehler’s Wooster Milltown is rolling out two promotions to allow customers to become part of the Ohio store’s history—with a permanent presence at the front entrance. • Sign the Beam: Customers are invited to sign a structural steel I-beam that will be lifted and become part of […]
Posted in, Southwest, Store News
Whole Foods Opening Frisco, Colo., Store Next Week
Whole Foods Market will open its Frisco, Colo., store at 10 a.m. Tuesday, April 29, following a bread-breaking ceremony, remarks from company and local officials as well as a donation to High Country Conservation Center. The 32,000-s.f. store will feature fresh, local and organic produce, local meats from ranches throughout Colorado, a sandwich station, hot […]
Posted in, Corporate Store News, National
Supervalu’s 4Q Earnings Show Positive Trends
Supervalu Inc. reported Wednesday that its fourth quarter fiscal 2014 net sales were $3.95 billion, an increase of 1.4 percent vs. the same period a year ago. Net earnings totaled $26 million, or $0.10 per diluted share. Identical store sales in the Save-A-Lot network were up 2.1 percent, while ID store sales for corporate stores […]
Posted in, Southwest, Store News
United Family Kicks Off General Mills’ ‘Outnumber Hunger’ Effort
The United Family has launched General Mills’ “Outnumber Hunger” promotion during which guests have the opportunity to raise up to $1.2 million for local food banks by purchasing specially marked General Mills’ products. Outnumber Hunger will be held through May 18 at all United Supermarkets, Market Street and Amigos locations. Each year, General Mills and […]
Posted in, Independent Store News, West
Report: Mi Pueblo Says It Might Have To Liquidate
Mi Pueblo has limited options to re-emerge from bankruptcy protection and faces the possibility of having to liquidate its 21 stores and abandon its 3,260 employees, the company says. The San Jose Mercury News reports that, in documents filed in federal bankruptcy court in San Jose last week, attorneys for Mi Pueblo asked Judge Arthur […]
Posted in, Southeast, Store News
Food Lion’s ‘You Name It’ Contest Lets Customers Name Private Brand Sodas
Through April 27, Food Lion customers can name their favorite private brand soda flavors for a chance to win prizes. To participate, customers can submit their suggested names for Food Lion brand root beer, ginger ale, orange soda, grape soda and fruit punch. One entry per soda per day is allowed in order to offer […]