Analysts reviewing Supervalu's first-quarter financial results on Wednesday appeared willing to buy an opportunity story in its wholesale division and the potential of new sales initiatives at Save-A-Lot, but concern lingered for the company's struggling conventional retail banners.
Weis Markets said sales in its fiscal second quarter improved by 1.7% on higher store traffic, but profits were down as a result of increasing employee wages and the shift of the Easter holiday, which also impacted sales.
Whole Foods Market opened Tuesday in Brooklyn’s Williamsburg neighborhood, bringing along a host of local food vendors and establishing another destination for foodies in one of the city’s trendiest neighborhoods.
Bare shelves plaguing multiple D'Agostino Supermarket locations across Manhattan could be over by Tuesday, G. Robert James, president and chief operating officer of the Larchmont, N.Y.-based retailer, told SN Monday.
Online farmer's market Farmigo quietly shut down its retail operations last week but the company will continue to operate as a provider of software for farmers participating in community supported agriculture while seeking partners to take over its logistics and delivery operations.
The Fresh Market has delayed the opening dates of at least four of its forthcoming stores over recent weeks, in a move that appears to signal the retailer needs time to reinvent a format beset by improving competitors and changing consumer shopping habits.