economy Archives - Page 21 of 24
Posted in, Northeast

Safeway Selling Three Genuardi’s Stores to Weis Markets

Pleasanton, Calif.-based Safeway Inc. has reached a definitive agreement to sell three of its Genuardi’s stores in Pennsylvania to Weis Markets Inc. Safeway will continue to operate these stores until the transaction closes, and the company is working through an orderly transition for the stores, according to a news release. The transaction is subject to […]

Posted in, Southeast

Box Tops for Education Lets Harvey Be Principal For A Day

Laughter literally filled the hallways of one Birmingham school, as it received a special visit from comedian, author and syndicated radio personality, Steve Harvey. Box Tops for Education enlisted the help of the Steve Harvey Morning Show to award one school 100,000 Box Tops in the national Principal-for-a-Day contest. Phillips Academy’s principal, Mark Sullivan, relinquished […]

Posted in, West

Eggert Retires from New Seasons Market

Co-founder and board member Chuck Eggert has retired from New Seasons Market, the 12-store grocery company based in Portland, Ore. He has sold his shares back to the company, but Eggert is not completely severing his ties with the grocery company he helped create more than a dozen years ago. He will remain as a […]

Posted in, West

San Francisco Bans All Plastic Disposable Bags

The Wall Street Journal reports that the San Francisco Board of Supervisors voted Tuesday to make it illegal for any shop in the city to offer disposable plastic bags to customers. The law expands a 2007 bag ban that applied to large grocery stores and pharmacies, and also mandates stores charge customers 10 cents apiece […]

Posted in, National

Supervalu Eliminating 800 Jobs

Supervalu Inc. plans to eliminate 800 jobs in the U.S., the company announced Feb. 7. Most of the reductions will take place by the close of the company’s fiscal year on Feb. 25. Cuts include both current positions as well as open jobs that will not be filled, the company said. The moves are part […]

Posted in, Beverage News, Marketing News, National

Coca-Cola Profit Down 27 Percent On Charges

The Atlanta-based beverage giant, Coco-Cola, reported that its profit for 2011 was hurt by restructuring charges and other charges. It also reported a program to save $550 to $650 million by the end of 2015 and reinvest that savings into systemwide brand building initiatives and to mitigate potential incremental near-term commodity costs as necessary, the […]

Posted in, Southeast

Southern Family Markets To Come Under New Ownership

A new company has been formed to purchase all 57 Southern Family Markets (SFM) stores. Belle Foods LLC was formed in Birmingham, Ala., by William “Bill” White, a longtime industry veteran who has worked in both the Bruno’s and Piggly Wiggly organizations. According to the Feb. 7 announcement, Belle Foods is buying stores in Alabama, […]

Posted in, Southeast

Aldi Opening New Store in Greensboro, N.C.

Greensboro, N.C., is getting yet another grocery store. The Business Journal reports that Aldi, a Batavia, Ill.-based subsidiary of Germany’s Aldi Group, plans to open a new store at 1507 New Garden Rd. sometime in 2013. Aldi bills itself as a super-discount chain with a no-frills approach and a limited selection of 1,400 items. The […]

Posted in, Southeast

Chiquita Offers Incentives for Execs to Move to Charlotte

Chiquita Brands International Inc. is offering incentives to entice its executives to move to Charlotte, N.C., reports The Charlotte Business Journal. In a securities filing Tuesday, the company spelled out the relocation benefits it will offer key employees who choose to transfer. Those benefits include payment for the costs of searching for a new residence […]

Posted in, National

Study: Food Safety is Tops for Manufacturers, Consumers

In a new global study from UL (Underwriters Laboratories), a leader in advancing safety, food manufacturers identified product safety as a top business priority, but the majority of consumers believe food manufacturers can do even better to earn their confidence. The new study, “Navigating the Product Mindset,” explores the connections and contradictions between perceptions of […]

Posted in, Equipment & Technology, Northeast, Southeast

Piggly Wiggly Carolina Expands Online Grocery Service

After successfully offering online shopping in 10 stores for the past four years, Piggly Wiggly Carolina has expanded its Click’n Shop program to 26 additional locations, nearly tripling Piggly Wiggly’s eCommerce presence in South Carolina. With MyWebGrocer’s Click’n Shop online shopping solution, Piggly Wiggly Carolina shoppers can purchase groceries online and choose to pick up […]