Delhaize’s new CEO on Thursday detailed decisive new priorities for the international retailer, shifting resources toward building back market share and profitability at its Food Lion and Hannaford brands, and — for now — stepping away from a previous strategy to grow a new discount banner.
Sprouts Farmers Market likes building stores near supermarkets, and drawing customers from supermarkets, but the natural and organic retailer is taking care not to be mistaken for a supermarket, CEO Doug Saunders said during a presentation Wednesday.
A new warehouse opening this summer in New Jersey will allow Ahold’s Peapod division to double its current capacity and better serve around 21 million online and mobile shoppers around metro New York, Ahold officials said Thursday.
Bi-Lo Holdings, which on Tuesday received FTC clearance to acquire all but 12 of the Sweetbay, Harvey’s and Reid’s stores from Delhaize America, later said that 13 stores would close in connection with the transaction.
Unusually harsh winter weather affecting one in every three days during the fiscal fourth quarter led to softer than expected sales growth and a 7% decline in net income for Dollar Tree, the Chesapeake, Va.-based discounter said Wednesday.
Bi-Lo Holdings has agreed to sell 12 supermarkets in Florida, Georgia and South Carolina to settle Federal Trade Commission charges related to its acquisition of the Sweetbay, Harveys and Reid’s chains from Delhaize America.