Albertsons Cos. said Jan. 16 that President and COO Wayne Denningham plans to retire near the end of the company’s fiscal year, which typically falls in late February. Denningham’s career at Albertsons has spanned 40 years, having started working as a clerk as a teenager. Susan Morris will become EVP and COO, overseeing supply chain, manufacturing […]
Category: Grocery Industry
Holiday Retail Sales Increased 5.5 Percent In 2017
Holiday sales during November and December increased 5.5 percent over the same period in 2016 to $691.9 billion as growing wages, stronger employment and higher confidence led consumers to spend more than had been expected, according to the National Retail Federation. The number, which excludes restaurants, automobile dealers and gasoline stations, includes $138.4 billion in […]
Visa To Pilot Payment Cards With On-Card Fingerprint Sensors
Visa, with Mountain America Credit Union and Bank of Cyprus, soon will begin piloting a new EMV dual-interface (chip- and contactless-enabled) payment card that uses an on-card fingerprint sensor. According to the company, these will be the first commercial pilots of an on-card biometric for contactless payments. With biometric authentication gaining momentum and the EMV […]
Born On One Coast & Based On The Other, Cohn Wholesale Serves Small Towns In Between
Editor’s note: This story is part of the Dakotas Market Profile, which can be found in the February 2018 print edition of The Shelby Report of the Midwest. by Terrie Ellerbee/editor—Midwest and Southwest The Cohn name likely is familiar to some in the Midwest, where Cohn Wholesale once operated 20 stores. The family business, however, began in […]
Bashas’ Family Of Stores Opens Remodeled Food City In Tucson
Bashas’ Family of Stores this week celebrated the reopening of a Food City supermarket in Tucson. As part of the opening day festivities, shoppers enjoyed live performances from Mariachi singers, as well as a grocery bag giveaways, food samplings, and a variety of prize giveaways including gift cards, kitchen appliances, and event tickets. The store […]
Stater Bros. To Open First Pasadena Store This Fall
A retail space—currently a Vons store—located at 1390 N. Allen Ave. in Pasadena, California, soon will become a Stater Bros. supermarket. The company will take possession of this location in May, “ensuring a smooth transition from the current occupant,” Stater Bros. says. At 42,000 s.f., this retail space then will undergo a major remodel and reopen […]
Recommended: Walmart—Why We’re Helping More Customers Scan And Go
By Justin Rushing Walmart Communications Our customers have made it clear: They want more ways to save time and money. For many, Scan & Go is doing just that, and now we’re helping even more customers across the country save time with this fast, simple and easy way to check out. That’s right. We’re expanding […]
Sam’s Club Confirms Reports Of Store Closures Nationwide
Sam’s Club, a division of Walmart Stores Inc., late yesterday announced changes to the business unit’s U.S. real estate portfolio, with the closure of 63 clubs around the country. The company’s press release came after local and national news outlets across the country reported that some Sam’s Club employees reported to work yesterday morning to […]
