Pro’s Ranch Markets, which voluntarily filed for Chapter 11 bankruptcy in Arizona earlier this week, has set up an informational website about the reorganization. The site URL is www.prosranchreorg.com. The Ontario, Calif.-based grocery chain with 11 stores in Arizona, Texas and Mexico made the filing Tuesday. “We made this important move to improve the overall […]
Tag: business
Posted in, National
‘What Women Want’ Survey Reveals Group Boasts $7 Trillion Purchasing Power
American women are striving to have it all, and they’re turning to flexible workplaces, personal connections, technology-free zones, discounts and coupons to help them find much sought-after balance in family, finances and career. According to a survey released this week by Ginger Consulting, a branding and custom research firm based in Minneapolis, women surveyed said […]
Posted in, National
Food Retail Survey Anticipates Amplified Audit Function Over Five Years
Supermarket audit departments and audit budgets will witness resource expansions congruent to the expanding roles within information technology, retail operations and supply chain departments, according to the Food Retailing and Wholesaling Internal Audit Study published by the Food Marketing Institute (FMI). Forty-two percent of companies expect to grow the size of the internal audit function […]
Posted in, Executive News, National
Snack Food Association Appoints Dempsey CEO
The Snack Food Association (SFA) has named Tom Dempsey, former president of UTZ Quality Foods, as its CEO, effective July 1. Jim McCarthy, SFA’s president and CEO since 1999, will continue as president with a focus of enhancing SFA’s presence in federal, state and international arenas. Dempsey’s focus will be to help increase SFA’s value […]
Posted in, Equipment & Technology, National
ROFDA Adopts Food Safety Solution From ReposiTrak
The Retailer Owned Food Distributors & Associates (ROFDA), the largest cooperative of independent food wholesalers, is adopting the use of track and trace technology from ReposiTrak, a solution provider backed by international food safety consultants Leavitt Partners and retail technology experts Park City Group. The ReposiTrak system, which includes Document Management and Track & Trace, […]
Posted in, National, Store News
Walmart Posts First Quarter Results
Walmart Stores Inc. today reported financial results for the first quarter ended April 30, 2013. Net sales for the first quarter were $113.4 billion, an increase of 1.0 percent over last year. Net sales last year benefited by 1.0 percent from the extra day due to leap year. On a constant currency basis, net sales […]
Posted in, National
Just Born Celebrates 90 Years Of Candy Making
Just Born Quality Confections, the family-owned maker of Peeps, Mike and Ike, Hot Tamales and Goldenberg’s Peanut Chews Brand Candies, is celebrating its 90th anniversary this year. The company was incorporated on May 23, 1923, in New York City and has been operating in Bethlehem, Pa., since 1932. Today, Just Born is led by cousins […]
Posted in, National
GMA’s Lynch Joins NGA As VP Of Industry Relations
The National Grocers Association (NGA) has appointed Brian P. Lynch as VP of industry relations, effective June 3. Lynch will be responsible for NGA’s efforts related to collaboration with associate members, coalitions, third-party partnerships and trading partners. He also will have primary responsibility for managing the NGA Trading Partner Advisory Council. His hire underscores the […]
Posted in, National
FMI Offers Webinar Series On Food Retailing 2013 Research
The Food Marketing Institute’s (FMI) research on “Tomorrow’s Trends” uncovered cornerstone changes that will shape the grocery retailing industry over the coming years, according to the organization. On Wednesday, FMI will launch an eight-session webinar series on topics such as food retailing trends, local food movements and social media. The webinars will offer a platform […]
Posted in, Store News, West
Sprouts Aims For $300M In IPO
Phoenix, Ariz.-based Sprouts Farmers Market is going public and hopes to raise $300 million in its initial public offering. The Phoenix Business Journal reports that the grocer, which focuses on natural and organic products, filed a Form S-1 with the U.S. Securities and Exchange Commission last week that laid out its plan for an IPO […]
Posted in, National
Chiquita’s Restructuring Efforts Improve Company’s 1Q Operations
Chiquita Brands International Inc. earlier this week released financial and operating results for the first quarter of 2013, reporting net income of $2 million for the period compared to net loss of $11 million for the first quarter of 2012. The Charlotte, N.C.-based company also reported comparable operating income of $23 million compared to $13 […]
Posted in, California Perspective, West
Relationship Building Critical During Busy Legislative Sessions
by Ron Fong/CGA president and CEO Special to The Shelby Report The California Legislature is in full swing and despite talk of legislators taking it slow and not introducing a number of bills, this session is shaping up to be one of the busiest in quite some time. California Grocers Association (CGA) staff is sifting […]
Posted in, National, West
WAFC Names 2013-14 Board Leadership
The Western Association of Food Chains (WAFC) has named its 2013-2014 officers and board of directors, elected during last month’s 92nd Annual WAFC Convention in Palm Desert, Calif. The 2013-14 officers are: • President and chairman: Steve Junqueiro, Save Mart Supermarkets; • VP: Sue Klug, Unified Grocers; • Secretary: Rick Rayford, Brookshire Grocery Co.; • […]
Posted in, National, Store News
Safeway Releases 1Q 2013 Results
Safeway Inc. reported Thursday net income of $0.49 per diluted share for the first quarter of 2013. This includes tax benefits of $0.14 per diluted share, of which $0.07 was contemplated in our annual guidance. These results compare with income from continuing operations in the first quarter of 2012 of $0.30 per diluted share. Other […]
Posted in, Executive News, National
SoupMan Names Johnny Rockets Exec As New CEO, Plans To Expand Brand
Soupman Inc., the parent company of soup brand Original SoupMan, has appointed Lloyd Sugarman to the position of CEO. Sugarman, who brings a wealth of retail merchandising, restaurant operations and franchising experience, will focus on the expansion of the company’s award-winning soups into the $6 billion annual retail soup category following the recent launch of […]
Posted in, Executive News, National
StarKist Board Appoints Lee As President, CEO
StarKist Co., a subsidiary of Dongwon Industries, has named Sam Hwi Lee as president and CEO of StarKist. Lee, a StarKist board of directors member since 2008, became the interim president of StarKist on Nov. 1, 2012, following the resignation of In-Soo Cho. He officially was appointed president and CEO last week during a StarKist […]
Posted in, National
Lund Joins NEW As National Development Manager
Reagan Lund has joined the Network of Executive Women (NEW) in the new role of national development manager. NEW is the consumer products and retail industry’s largest women’s leadership community, with more than 7,000 members in 19 regions across the U.S. and Canada. Lund will be key to supporting the organization’s growing roster of sponsors, […]
Posted inLipari Foods, Midwest, National
Lipari Foods Hosts Biggest Show In Its 50-Year History
As it celebrates its 50th anniversary, Lipari Foods hosted a bigger-than-ever show on April 24 in Novi, Mich. Jim Lipari started the business in 1963 selling barbecue sauce out of the back of his station wagon. Today, Lipari Foods is a $500 million company. “This is a milestone,” Thom Lipari, president and CEO, told The […]
Posted in, Albertsons, National
Supervalu Reports 4Q Fiscal 2013 Net Loss Of $1.41B
Supervalu Inc. has reported fourth quarter fiscal 2013 net sales of $3.89 billion and a net loss of $1.41 billion, or $6.65 per diluted share. Due to the sale of the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-On in-store pharmacies on March 21, those banners’ results were presented as […]
Posted in, Southeast, Suppliers
Perrone & Sons’ Randy Perrone Dies At Age 30
Randall (Randy) Willliam Perrone of Louisiana’s Perrone & Sons Inc. died Feb. 27 at age 30. According to his brother, Russell, Perrone passed away following complications from surgery for a pineal brain tumor. Perrone was diagnosed with the tumor Jan. 13. “The prognosis was a great one, with confidence from the doctors that he would […]