NEW YORK — The emergence of grocery shopping in the virtual world will have a profound impact in the physical one, likely to drive food retailers into smaller boxes, trigger portfolio breakups, and put a premium on top locations, according to panelists in an SN webinar.
MATTHEWS, N.C. — Family Dollar Stores said Wednesday that comparable-store sales in the fourth quarter came in below expectations as shoppers remained economically stressed and the company lapped sales-driving initiatives from the prior year.
NEW YORK — A rapidly changing supermarket landscape — evidenced by the rise of e-commerce and a flurry of mergers and real-estate deals this year — presents tantalizing opportunities for food retailers to grow, but requires a disciplined, strategic approach, according to a panelists at an SN webinar here Wednesday.
TEWKSBURY, Mass. — The president of Demoulas Super Markets here has lost his bid to remove a board member and void decisions of the retailer’s board of directors — including some indicating a threat to his reign at the company.