Wal-Mart Stores Inc. revealed July 20 that it will open up to 300 stores nationally in so-called “food deserts” by 2016, creating more than 40,000 jobs. The giant retailer isn’t saying where it will locate the 275 to 300 stores — just that they’ll go somewhere in the more than 700 areas that the U.S. […]
Tag: business
Posted in, Midwest, West
Safeway Announces Change in Leadership at Dominick’s Stores
Pleasanton, Calif.-based Safeway Inc. July 15 that the president of its Chicago-area Dominick’s Finer Foods division, Don Keprta, has resigned. “Don has contributed significantly to the Dominick’s stores. His commitment and innovation helped the stores evolve to best serve the Chicagoland customers. We are fortunate that he has produced a team that is prepared to […]
Posted in, West
Expanding Oakland Safeway Absorbs Local Pharmacy
A Safeway on College Avenue at the border between Oakland and Berkeley is taking over Chimes Pharmacy, a nearby store, as part of its expansion plans. According to the San Francisco Times Business Journal, Pleasanton-based Safeway hopes to expand the Safeway at College and Claremont—its draft environmental impact report was posted July 1 and will […]
Posted in, Ellerbee Buzz, National
Wal-Mart vs. Dukes: Giving Us Something to Talk About
People are talking about Wal-Mart Stores Inc. v. Dukes, probably more so because the U.S. Supreme Court decided in Wal-Mart’s favor.
Posted in, From the Editor, National
To Reach Young Shoppers, Go to Their Fingertips
How many more brick-and-mortar stores do we really need? Not many more, according to Dan O’Connor, president and CEO of RetailNet Group
Posted in, National
Federal Reserve Final Swipe Fee Ruling Angers Retailers, Consumers Nationwide
by Millie Adcox/staff writer The U.S. Federal Reserve’s backpedaling and final ruling on debit card swipe fees on June 30 is the result of much lobbying and backroom high pressuring from U.S. banks that saw their revenue leaking like a sieve from their bottom line, according to several industry trade groups. “Every month the largest […]
Posted in, Equipment & Technology, National
How to ‘Benefit Disproportionately’ from the Current Economic Climate
Willard Bishop: Use private label, cost control, smart negotiating tactics to grow market share by Terrie Ellerbee/associate editor Traditional supermarkets are losing market share as consumers move to other formats, like supercenter and dollar stores, according to consulting firm Willard Bishop in its The Future of Food Retailing 2011 report. Traditional grocery formats, including limited […]
Posted in, National, Shelby Content
Hispanic Buying Power
The immense buying power of the nation’s Hispanic consumers continues to energize the nation’s consumer market, and Selig Center projections reveal that Hispanics will control $1 trillion in spending power in 2010.
Posted in, Albertsons, Southwest
Albertsons New Mexico Stores Ceasing Fireworks Sales
In response to the hot, dry conditions that have contributed to the devastating fire season that New Mexico is experiencing this year, the Albertson’s LLC Southwest division has decided to pull all fireworks from the stores
Posted in, Midwest
July 2011 Indiana Roundup
Family Dollar Building DC Gov. Mitch Daniels joined Jim Kelly, president and CEO of Family Dollar Stores Inc., and other company executives along with local representatives in mid-May for a groundbreaking ceremony of a new Family Dollar distribution facility to be built in Ashley at 100 S. CR 31. The Fortune 300 retailer announced in […]
Posted in, Beverage News, Equipment & Technology, National
Food/Beverage Execs Foresee Improved 2011 Performance
Senior financial executives of global food and beverage companies expect to achieve improved financial performance in 2011
Posted in, Equipment & Technology, Midwest
Meijer Customers Can Order Online, Pick Up at Store
Merging online and in-store shopping, Meijer has introduced a program that allows shoppers to place an order on Meijer.com and have the merchandise shipped—at no cost—directly to their local Meijer store for pickup. The online program, called “Order-to-Store,” will include thousands of items found on ordertostore.meijer.com, including furniture and home products, sporting goods, kitchen appliances, […]
Posted in, Beverage News, National
Coca Cola Will Raise Prices July 31
Beverage Digest reported Friday that price increases of 3-4 percent are coming on July 31.
Posted in, National
Fed Softens Rule to Cut Debit Card Swipe Fees
In a move that, according to USA Today, disappointed both sides of the contentious issue, the Federal Reserve Board voted June 29 to soften a rule that will cap the fees banks charge retailers when consumers use debit cards.
Posted in, National
Walmart Cutting Gas Prices
Wal-Mart Stores Inc. is cutting gas prices by 10 cents a gallon for three months. The Arkansas-based retailer is well aware that rising gas prices and other household costs are squeezing shoppers’ budgets, reporting at its annual shareholders meeting earlier this month that shoppers appear to be focusing on groceries and little else. To help […]
Posted in, National, Suppliers
Campbell Elects Denise Morrison President and CEO
Morrison will succeed Douglas R. Conant, 60, who will step down as president and CEO on July 31 after more than a decade in that role. Conant also will step down from Campbell’s board of directors at that time.
Posted in, West
Fresh & Easy Opens First San Francisco Store
San Francisco Mayor Ed Lee on June 22 joined U.S. Health and Human Services Regional Director Herb Schultz, executives from Fresh & Easy Neighborhood Market and dozens of neighborhood leaders to open the grocer’s first store in San Francisco
Posted in, West
Times Supermarkets Switches Supply to Unified Grocers
Unified Grocers, the largest wholesale grocery distributor in the western Untied States, announced June 22 that Times Supermarkets (Times), a chain of 20 conventional supermarkets in Hawaii (stores are located on the islands of Oahu, Maui and Kauai), has switched its grocery supply business to Unified Grocers and will begin receiving groceries and other products […]
Posted in, Equipment & Technology, National
U.S. Retailers Lose More Than $37B a Year to Retail Theft
Retailers lost more than $37 billion to theft last year, according to an annual survey conducted by the University of Florida with a funding grant from security systems integrator ADT Commercial. The National Retail Security Survey (NRSS) preliminary results show an increase in theft by nearly $4 billion, from $33.5 billion in 2009 to $37.1 […]
Posted in, National
Dollar General Going Coast to Coast
Just after it announced it would open stores in three new states in 2011—Connecticut, Nevada and New Hampshire—Goodlettsville, Tenn.-based Dollar General Corp. announced its plans to open its first stores in California in 2012. The company had expanded out to Arizona and Colorado in recent years. “Our California stores will mark a significant milestone for […]