The Kroger Co. today reported net earnings of $391 million, or $0.41 per diluted share, and identical supermarket sales growth, without fuel, of 0.1 percent in the third quarter of 2016, which ended Nov. 5. Net earnings in the same period last year were $428 million, or $0.43 per diluted share. “I am proud of […]
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Fairway Market To Open New Brooklyn Store In January
New York-based Fairway Market is set to open what it calls a new, one-stop shopping destination in Brooklyn’s Georgetown community early next year. Opening in a dynamic and growing neighborhood at 2149 Ralph Avenue, the 40,000-s.f. Fairway Market will feature a fresh new look and feel with the same commitment to value and its extensive selection of quality products, according to the […]
Fareway Stores Collecting For 2016 Toys For Tots Campaign
Fareway Stores is partnering with the U.S. Marine Corps on the organization’s 2016 Toys for Tots campaign. The program provides toys to less fortunate children during the holiday season. Stores are selling paper trains in $1 and $5 increments, as well as collecting new, unwrapped toys at all 116 Fareway locations through Dec. 24. “We […]
Wrigley-Mars Working With Retailers On ‘Transaction Zone Vision’
Wrigley and Mars Chocolate North America say they continue to drive sales and increase shopper engagement by working with retailers to implement their “Transaction Zone Vision.” Since launching the program in 2015, the companies have used research-driven insights to help retail partners boost sales at checkout through channel-specific recommendations. To help their partners leverage the Transaction […]
What’s In Store 2017: Shopper Behavior Steers Retail Trends
Today’s retailers are focusing less on overall growth and more on shopper behavior, including developing smaller, more productive stores; digital retailing and online shopping; and more tailored assortment strategies by region and season. This is one of the findings in “What’s in Store 2017,” the latest edition of the annual trends publication from the International […]
New Research On Fresh Prepared/Deli In Grocery Explores Retailer Opportunities
Food Marketing Institute (FMI) released its inaugural analysis, the “Power of Fresh Prepared/Deli,” which explores fresh prepared and deli foods through the eyes of the consumer. Grounded in Nielsen data, the research outlines how the supermarket industry will continue to identify improved ways to track consumer dynamics, convenience and household trends that have had a profound […]
2016’s Top 10 Stories Of The West
2016’s Top 10 Stories New formats, new top executives and new store ownership were at the center of most of the biggest stories of the year in the West. A number of Kroger banners, in particular, saw leadership changes this year; Kroger also got in on the format experimentation with a rebranded store in Washington […]
Giant Food Recognized With Business Philanthropy Award
Giant Food recently received the Maryland Chamber of Commerce’s Business Philanthropy Award in the large business category. The award, which is a joint program of the Maryland Chamber of Commerce and the Baltimore Business Journal, recognizes Maryland businesses that have demonstrated a commitment to improving the quality of life for Maryland residents through extraordinary philanthropic […]
