99 Cents Only Stores said the completion of its “Go Taller” effort, which increased shelf heights by 18 inches, and an enhanced merchandise selection helped boost sales and return the company to positive earnings for the year ended Jan. 30.
The transition of Safeway into an operating division of Albertsons got a big boost earlier this month when the company installed Bob Miller as CEO and moved Robert Edwards to vice chairman, industry observers told SN.
Albertsons said Friday Bob Miller, executive chairman, will assume the additional role of chief executive officer as part of a new four-person office of the CEO as Robert Edwards moves into the new title of vice chairman.
Delaying implementation of a new menu labeling rule will be the industry’s top priority at the annual Day in Washington scheduled for April 15 and 16, according to a Food Marketing Institute executive.
Amid reports Fresh & Easy plans to close 50 stores of its 200 stores, the company said Sunday it plans to rationalize its store base and divest locations “that do not meet the criteria of Fresh & Easy’s model of modern convenience.”
As Haggen enters Southern California as a completely unknown entity to most consumers, it believes it can fill a niche that is not being filled there Bill Shaner, CEO of the company’s new Pacific Southwest division, told SN in an exclusive interview.