Boise, Idaho-based Albertsons Cos. Inc. says that funds managed by affiliates of Apollo Global Management Inc. have led the purchase of $1.75 billion of convertible preferred stock of Albertsons Cos. Following a repurchase of a portion of the common stock owned by the company’s current shareholders, on an as-converted basis the preferred stock will represent […]
Category: Nonfood Items
Posted inNonfood Items, Home Page Slider, National
April Retail Sales Drop Nearly Twice As Much As March During Pandemic
National Retail Federation (NRF) reports that retail sales dropped almost twice as much during April as they did in March, as the nation’s economy saw its first full month when most businesses were closed because of the coronavirus pandemic. “As predicted, retail sales were bad in April and lower than in March,” NRF Chief Economist […]
Posted inNonfood Items, Home Page Slider, West
Grocery Outlet Holding Corp. Releases Q1 Fiscal 2020 Financial Results
Grocery Outlet Holding Corp., based in Emeryville, California, has announced its financial results for the first quarter of fiscal 2020, ended March 28. Net sales increased by 25.4 percent to $760.3 million from $606.3 million in the first quarter of fiscal 2019; comparable store sales increased by 17.4 percent compared to a 4.2 percent increase […]
Posted inNonfood Items, Home Page Slider, Northeast
Big Y Foods Announces Several New Appointments
The management of Big Y Foods Inc., based in Springfield, Massachusetts, has announced several new appointments throughout the company. These include: from Holland, Massachusetts—Carl A. Holmes, store manager, Big Y Express in Manchester, Connecticut; from Springfield, Massachusetts, Michael P. Whitehead, senior center store sales manager, store support center in Springfield, Massachusetts; from Sturbridge, Massachusetts, Krysten M. […]
Posted inNonfood Items, Aldi, Home Page Slider, West
Hanley Investment Group Arranges Sale Of Single-Tenant Aldi
Hanley Investment Group Real Estate Advisors, a real estate brokerage and advisory firm specializing in retail property sales, said it has completed the sale of a single-tenant Aldi in Calexico, California. The sale price was $2,640,000 for the triple-net absolute ground lease. This transaction represents Hanley Investment Group’s 10th Aldi investment sold in the last 24 months, including […]
Posted inNonfood Items, Home Page Slider, Southeast
Publix Super Markets Reports Q1 2020 Results And Stock Price
Publix Super Markets has reported its first quarter 2020 results, which include the beginning of the coronavirus pandemic as it was declared a national emergency on March 13. Due to the pandemic, Publix has been classified as an essential business and has remained open to serve the needs of its customers. It is a top […]
Posted inNonfood Items, Home Page Slider, West
Earthwise: Properly Clean, Disinfect Reusable Bags After Each Use
Customers have focused on ways they can positively impact the environment, and that has led them to purchasing and shopping with reusable bags. In the midst of this pandemic, many changes have been enacted to err on the side of caution to keep the public safe and healthy. One of those changes has affected the […]
Posted inRaley's, Home Page Slider, Nonfood Items, West
UFCW 8-Golden State Members Ratify Agreements With Raley’s
Members of UFCW 8-Golden State have voted overwhelmingly to ratify new agreements with the Raley’s, Bel Air and Nob Hill supermarket chains in California. “Our members appreciate the value and security this contract provides, which would not be possible without the continued solidarity with their union,” UFCW 8-Golden State President Jacques Loveall said after the […]