Kevin Davis, chairman and CEO of Southern California’s Bristol Farms, has been elected chairman of the Food Marketing Institute’s (FMI) board of directors, 2016-18. The group met today for its annual business meeting during the FMI Midwinter Executive Conference in Miami. In addition to Davis, other 2016-18 officers are: • Fred Morganthall, EVP of retail […]
Category: National
Profit Up, But IDs, Retail, Indy Business Sales Drop In Supervalu’s 3Q
Supervalu on Jan. 13 reported third quarter fiscal 2016 net sales of $4.11 billion and net earnings from continuing operations of $35 million, or $0.13 per diluted share, which included $11 million in after-tax charges and costs related to asset impairments, the potential separation of Save-A-Lot and employee severance. When adjusted for these items, third […]
Walmart To Increase Pay For One Million Employees This Year
Just days after it announced that it would close 154 U.S. stores, Walmart says more than 1.2 million Walmart U.S. and Sam’s Club associates will receive a pay increase under the second phase of the company’s two-year, $2.7 billion investment in workers. The pay raise, which takes effect Feb. 20, will be one of the […]
Eight O’Clock Relaunches 100% Colombian Peaks Coffee
Gourmet coffee brand Eight O’Clock is relaunching its award-winning 100% Colombian Peaks coffee, now 50% Rainforest Alliance Certified, and, as always, featuring 100% Colombian beans. Eight O’Clock has teamed up with the Rainforest Alliance to help to ensure its coffee beans are grown and harvested using environmentally and socially responsible practices. Available on grocery store […]
Walmart Closing 154 U.S. Stores
Walmart said Jan. 15 that it will close 269 stores globally; 154 of them are in the U.S. The U.S. stores that will close include the company’s 102 smallest format stores, Walmart Express, which had been in pilot since 2011. Walmart said it will instead focus on its supercenters, Neighborhood Markets and growing its e-commerce […]
Aldi Rolls Out ‘Refresh’ Offerings
To kick off the New Year, Aldi says it is giving customers more selections they can feel good about. The company now is offering increased organics and healthier options at checkout and exclusive brand food products free from ingredients customers worry about, the grocer says. “This time of year, I’m especially focused on looking for […]
7-Eleven, Publix And Naifeh’s Sell Three Winning Powerball Tickets
While the identities of the three winners of Wednesday’s record $1.6 billion Powerball jackpot aren’t yet known, the stores that sold the prize tickets are. The tickets were sold in California, Florida and Tennessee. The California ticket was sold at a 7-Eleven in Chino Hills. Florida’s prize ticket was sold at a Publix grocery store in Melbourne […]
NGA Promotes Four Executives
The National Grocers Association (NGA) on Jan. 11 announced the promotions of four of its staff members. NGA, an Arlington, Virginia-based national trade association representing the independent supermarket industry, promoted Greg Ferrara to SVP-government relations and public affairs; Matthew Ott to COO; Maggie Lyons to senior director of government relations; and Laura Strange to senior […]
