Aldi on Tuesday said that Brent Laubaugh, VP of its Saxonburg division, has been promoted to co-president of Aldi in the U.S., joining David Behm and Chuck Youngstrom, who continue in their roles as co-presidents. All three co-presidents report to CEO Jason Hart. Laubaugh, whose promotion becomes effective March 28, has been with Aldi for […]
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Posted in, Albertsons, Central Market, Corporate Store News, Home Page Latest News, Market Profile, Shelby Originals, Shelby Signature Content, Southwest, Store News
United’s Market Street Banner Growing Under Albertsons Umbrella
by Terrie Ellerbee/associate editor United Supermarkets adopted a strategic growth plan in 1998 that grew the company into what it is today. It was a milestone in the company’s timeline, as United Supermarkets opened its very first Market Street store in Wichita Falls. The Market Street banner is described as “where everyday meets gourmet” with […]
Posted in, Albertsons, Corporate Store News, Grocery Industry, National
Kroger Reports 4Q And 2015 Results
The Kroger Co. on Thursday reported its fourth quarter and full year 2015 results. The grocer reported fourth quarter net earnings of $0.57 per diluted share and identical supermarket sales growth, without fuel, of 3.9 percent. Including six weeks of Roundy’s results, identical supermarket sales growth without fuel was 3.7 percent. Fiscal 2015 net earnings […]
Posted in, Aldi, Corporate Store News, National, Store News
Aldi Now Accepting Credit Cards At Stores Nationwide
Aldi is now accepting credit cards, including Visa, MasterCard, Discover and American Express, at all of its stores across the country. Previously, the chain only accepted cash and debit cards. “As Aldi continues to evolve by expanding its product lines and moving into new markets, the way we do business will continue to evolve as […]
Posted in, Coborn's, Executive News, Independent Store News, National, Store News, The Independent Perspective
Leaders Of Lowe’s Markets, Coborn’s Honored With NGA Awards
The National Grocers Association (NGA) has recognized two industry leaders with its top awards during the 2016 NGA Show, which runs through March 2 in Las Vegas. The Thomas K. Zaucha Entrepreneurial Excellence Award was presented to Roger Lowe Sr., president/chairman of the board for Lowe’s Markets. Lowe began his career in the grocery industry […]
Posted in, Aldi, Northeast
Aldi Expanding In Massachusetts, And More…
Grocery News In Brief… Discount grocer Aldi is expanding in Massachusetts and will open its 11th store in the Bay State this summer in Plymouth at Colony Place. The chain is known for its smaller-footprint stores, averaging 17,000 s.f., and an inventory that is 90 percent Aldi branded products. Aldi charges for plastic and paper […]
Posted in, Amazon Fresh, Corporate Store News, National, Store News, Suppliers, Whole Foods
Costco, Whole Foods, Target, Walmart And Publix Make Fortune’s ‘Most Admired’ List
Fortune says “there’s a new AAA standard in corporate America: the one-two three punch of Apple, Alphabet, and Amazon.” For the fourth time, Fortune’s list of the World’s Most Admired Companies Top 50 All-Stars is led by a trio of tech giants under 40 years old. They preside over a class of blue chips and […]
Posted in, Amazon Fresh, Northeast, Whole Foods
Report: Sales Of HBC At Grocery Are On The Rise
According to Acosta, after years on the decline, sales of health and beauty care (HBC) products at grocery stores are showing signs of life. Grocery stores capture only about 18 percent, or $15 billion, of the $84 billion annual spend in the HBC category, but Acosta’s “Health of Health & Beauty Care in the Grocery […]