Phoenix, Arizona-based Sprouts Farmers Market has announced the launch of a public offering of 15,847,800 shares of its common stock held by affiliates of Apollo Global Management. The affiliates of Apollo will be the only selling stockholders. The company will not issue shares in the offering and will not receive any proceeds from the sale of the […]
Category: Store News
Posted in, Corporate Store News, West
Former Hawaii Food Executive Godfrey Passes Away
Mr. Roger Godfrey, who had an impressive career in Hawaii’s food industry, died Thursday. He was in his early 80s. Details about his death and funeral arrangements were not available at the time of this report. According to a 2012 story about Mr. Godfrey when he was inducted into the Hawaii Food Industry Association’s Hall […]
Posted in, Albertsons, Store News, West
Vendors Hear From Albertsons Southern California Leadership
The combined Albertsons–Safeway team in Southern California overseeing the Albertsons, Vons and Pavilions banner stores had a clear message for its vendor partners in the region: the company’s No. 1 priority is sales. Southern California Division President Lori Raya and other members of the leadership team spoke to the company’s SoCal vendors during a meeting […]
Posted in, Corporate Store News, National, Suppliers
Wegmans Makes Top 10 On Fortune’s Latest ‘100’ List, Other Grocers Also Rank
Several food retailers and food companies have made Fortune’s 2015 “100 Best Companies to Work For” list. Rochester, New York-based Wegmans Food Markets cracked the top 10 at No. 7. Another privately owned grocer, Nugget Market of Woodland, California, placed 26th on the list. QuikTrip, also a private company headquartered in Tulsa, Oklahoma, came in […]
Posted in, Southwest, Store News
Brookshire’s In Longview Celebrates Grand Reopening
Grand reopening festivities at the remodeled Brookshire’s Food Store in Longview, Texas, began Wednesday with a ribbon-cutting ceremony. The store is located at 3354 Gilmer Road. Among the renovated supermarket’s features are a new store front and new signage, paint and décor throughout. An expanded assortment of organic produce, along with fresh-cut fruits and vegetables, […]
Posted in, Corporate Store News, National
Kroger Marks 45th Consecutive Quarter Of Positive ID Stores Sales
The Kroger Co. has reported its 45th consecutive quarter of positive identical supermarket sales growth, excluding fuel—as the grocer reported its fourth quarter and fiscal year 2014 results on Thursday. The company reported fourth quarter identical supermarket sales growth, without fuel, of 6.0 percent. “2014 was an outstanding year by all measures,” said Kroger Chairman […]
Posted in, Independent Store News, National, Store News
Save-A-Lot’s Newest Stores Focus On Fresh
Over the past month, Supervalu’s hard-discount grocery banner, Save-A-Lot, has opened 13 new stores across eight states—its latest last week in Rockford, Illinois. The banner’s newest stores, according to company officials, focus on fresh, with a “commitment to bring “fresh produce, dairy and meats” to their communities. The new stores are a combination of corporate-owned […]
Posted in, Corporate Store News, Northeast
Weis Markets’ Sales Up, But Net Income Down In 4Q And 2014
Weis Markets on Tuesday reported that its fourth quarter sales increased 4.0 percent to $713.8 million while its comparable store sales increased 3.5 percent. During the 13-week period ending Dec. 27, the Sunbury, Pennsylvania-based company’s earnings per share totaled $0.51 compared to $0.59 for the same period in 2013. The company’s fourth quarter net income […]