Posted in, Grocery Industry, Home Page Latest News, Store News

Tops Markets Files Chapter 11 To Pursue Financial Restructuring

Tops Markets LLC announced Feb. 21 that it has filed for Chapter 11 bankruptcy protection and is pursuing a financial restructuring in order to eliminate a substantial amount of debt from its balance sheet. The hope is that the move will position Tops for long-term success. Tops’ portfolio of stores in Upstate New York, northern […]

Posted inAssociation News, Albertsons, Home Page Latest News, Southwest

WAFC Invites Texas Retailers To Its San Antonio Convention In May

by Lorrie Griffith/editor–West The Western Association of Food Chains (WAFC) is taking its 97th annual convention eastward. The gathering will take place May 5-9 at the JW Marriott San Antonio Hill Country in San Antonio, Texas. The WAFC already may be familiar to Texas grocers; the association’s Community College Retail Management Certificate Program “has expanded to […]

Posted inBeverage News, Grocery Industry, Grocery News, Home Page Latest News, Marketing News, Midwest, New Products, Packaging News, Suppliers

The J.M. Smucker Co. Targets Young Consumers With New Coffee Brand

Today, at the Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Florida, The J.M. Smucker Co. unveiled what it says is one of its most significant coffee growth initiatives to date—a new line of “premium” coffees intended to strengthen the company’s position in the fastest-growing market segments and serve as a platform for future growth […]

Posted inCorporate Store News, Grocery Industry, Home Page Latest News, Southwest, Store News

Walmart Reports 23 Percent Increase In E-Commerce Sales In 4Q

Walmart U.S. this week released highlights from its fourth quarter and its fiscal year. In the fourth quarter, total revenue was $136.3 billion, an increase of $5.3 billion, or 4.1 percent. Excluding currency, total revenue was $135.1 billion, an increase of $4.1 billion, or 3.1 percent. Comp sales increased 2.6 percent, and comp traffic increased […]

Posted inC-Store News, Grocery Industry, Grocery Store Layout, Home Page Latest News, Southwest, Store News

Big Red Stores To Open Three New Central Arkansas Locations This Year

Big Red Stores has begun construction on its 37th c-store in Central Arkansas, located in North Little Rock on Counts Massie Road. The store will serve the Maumelle and North Little Rock Communities, and it will incorporate the company’s new contemporary design, developed to meet changing customer needs, says Big Red. The new store will feature […]

Posted inGrocery News, Albertsons, Corporate Store News, Grocery Industry, Health & Wellness, Home Page Latest News, National, Store News

Albertsons Cos. Merging With Rite Aid, Will Rebrand Store Pharmacies

Albertsons Cos. and drugstore chain Rite Aid Corp. have entered into a definitive merger agreement under which privately held Albertsons Cos. will merge with publicly traded Rite Aid. Current Rite Aid Chairman and CEO John Standley will become CEO of the combined company, with current Albertsons Cos. Chairman and CEO Bob Miller serving as chairman. […]