Posted in, Independent Store News, Midwest

Michigan Governor Declares Sept. 25-Oct. 5 Independent Retailers Week

Michigan Gov. Rick Snyder has declared Sept. 25-Oct. 5 Independent Retailers Week. He signed the proclamation this month in Lansing. In the proclamation Snyder states, “…the independent retailers in Michigan have always been dedicated to the public in their delivery of services in the marketplace throughout the State of Michigan by assuring customer satisfaction, providing […]

Posted in, Albertsons, Southwest, Store News

Correction: Albertson’s Fort Worth Transaction Not A Sale

A story that The Shelby Report recently picked up from the Star-Telegram newspaper regarding Albertson’s LLC was incorrect. Albertson’s recently replatted property it owned in the Carter Industrial Park in south Fort Worth. The Telegram story picked up by The Shelby Report incorrectly characterized the transaction as a sale. The Shelby Report apologizes for any […]

Posted in, Corporate Store News, National

Safeway Adopts ‘Poison Pill’ To Thwart Unwanted Takeover

After becoming aware of an accumulation of a significant amount of the common stock of the company, Safeway’s board of directors adopted a one-year stockholder’s rights plan. Referred to as a “poison pill,” the measure is designed to thwart takeover attempts by diluting the holdings of an investor if its stake exceeds a set threshold. […]

Posted in, National, Store News

FSI, Navy Federal Open First In-Store Branch In Maryland Safeway

Financial Supermarkets Inc. (FSI) and Navy Federal Credit Union (NFCU), with $54 billion in assets, teamed up to open the credit union’s first retail branch Sept. 9 in Safeway’s Germantown store in Maryland. “We are excited about the opportunity to partner with Safeway and FSI to increase member convenience in the Germantown area,” said Steve […]

Posted in, Store News, West

Fry’s President Dies At 58

The president of Fry’s Food & Drug Stores Inc. has died unexpectedly of a heart attack, the Phoenix Business Journal reports. Mr. Jon Flora, 58, died Friday, Fry’s pharmacy technician and Arizona State Rep. Jonathan Larkin told the Journal in an exclusive interview. Larkin confirmed Fry’s employees learned of Flora’s death Friday afternoon. “It’s such […]