Fairway Market plans to resume a more robust expansion pattern over the next few years, with one new store scheduled to open late in fiscal 2016, two in 2017 and three the following year, Jack Murphy, CEO of the 15-store chain, told financial analysts Thursday.
Haggen will begin converting the 146 Albertsons and Safeway stores it acquired to its own banner beginning next week, with all stores expected to be converted within 120 days, an industry source with knowledge of the company’s operations told SN.
Northgate Gonzalez Market plans to boost its efforts to reinvest in its store fleet in 2015 — “to modernize some stores, to make the shopping experience more exciting and entertaining, and to serve customers in new and different ways” — Mike Hendry, VP of marketing, told SN.
Despite a still-competitive environment and a challenging economy, the outlook for independents is brighter than it has been, Peter Larkin, president and CEO of the National Grocers Association, told SN.
Despite the confidence of Haggen’s top executive, the chain may have a tough time succeeding in Southern California as it prepares to enter the marketplace with 83 stores, industry observers in the market told SN.
In the final installment of SN's annual CEO Outlook, food retailing leaders from Roche Bros. Unified Grocers and Associated Food Stores describe how new projects — their own and their competitors' — could make a difference in their fortunes in 2015.
To develop meat cutters and produce merchandisers with the skill to help independents differentiate themselves, Affiliated Foods has developed a new series of training programs to enable employees at member companies to gain the know-how they need.