Weis Markets is increasing its capital budget by 8 percent this year vs. 2012. It plans to spend $135 million this year on stores, IT infrastructure and more. At the company’s annual shareholder meeting in late April at its Store Support Center in Sunbury, Pa., Weis President and CEO David J. Hepfinger and Vice Chairman […]
Category: Store News
Posted in, National, Store News
Safeway Releases 1Q 2013 Results
Safeway Inc. reported Thursday net income of $0.49 per diluted share for the first quarter of 2013. This includes tax benefits of $0.14 per diluted share, of which $0.07 was contemplated in our annual guidance. These results compare with income from continuing operations in the first quarter of 2012 of $0.30 per diluted share. Other […]
Posted in, Northeast, Store News
Giant Eagle Celebrates Earth Day With Donation To Regional Parks
Giant Eagle Inc., the first grocer to operate a Leadership in Energy and Environmental Design (LEED)-certified supermarket in the world, is celebrating Earth Day today with a special Facebook donation drive that will result in up to $10,000 being provided to Allegheny County Parks in the Pittsburgh region and the Cleveland and Columbus Metro Parks. […]
Posted in, Store News, West
Sprouts Opening 35th L.A. Area Store On May 1
The countdown is on in Westwood, a neighborhood in the north-central portion of Los Angeles’ Westside, as Sprouts Farmers Market gets closer to opening its 35th store in the area. The 22,558-s.f. store will open Wednesday, May 1, at 1751 Westwood Blvd., just off Santa Monica Boulevard. “We’re pleased to be moving into such a […]
Posted in, Independent Store News, National
Batenic: Future Is Bright For IGA
The annual IGA Global Rally wrapped up Tuesday in Chicago. The show, which began April 13, returned this year to The Windy City for the first time in a decade. IGA CEO Mark Batenic told The Shelby Report at the show that “attendance is off the charts.” “We had over 500 people who came and […]
Posted in, C-Store News, Midwest
Atlas Oil To Open Earth Market C-Store On Earth Day
Atlas Oil will launch its all new convenience store concept called Earth Market on Earth Day, April 22, with a grand opening at 16 E. Lincoln Hwy. in Frankfort, Ill. The new store format has a unique, branded design that carries through the store and is represented in its branding, signage and even specialty food […]
Posted in, C-Store News, National
Pilot Flying J Raid Reportedly Stems From Unpaid Rebates
An FBI raid of the Pilot Flying J headquarter offices in Knoxville, Tenn., on Monday reportedly resulted from an issue regarding unpaid customer rebates to some truck lines. CEO Jimmy Haslam held a press conference Tuesday and said the raid stemmed from what appears to be a “very insignificant number of customers and the application […]
Posted in, Independent Store News, Midwest
Sendik’s Balistreri Participated In Boston Marathon, Is Safe
Ted Balistreri, co-owner of Sendik’s Food Markets, was a participant in the Boston Marathon on Monday, but had finished the race before the bombings occurred. Balistreri had crossed the finish line about an hour before the blasts, his sister Margaret Harris, Sendik’s co-owner, told The Business Journal. She said the company’s reception desk had been […]