Jon Springer

Retail/Whole Health Editor
New stores pace Fresh Market Q2 results

The Fresh Market on Thursday said sales from new stores exceeded expectations and helped the specialty retailer post sales and earnings slightly ahead of analyst estimates during the fiscal second quarter.

U.S. sales, margins down for Ahold in Q2 4

Ahold on Thursday said it U.S. sales, operating income and margins decreased during the fiscal second quarter, reflecting a decision to absorb some of its commodity price increases while making price investments as part of its ongoing Reshaping Retail program.

Winn-Dixie, Bi-Lo parent pulls IPO 3
Bi-Lo Holdings, parent of the Winn-Dixie and Bi-Lo chains, told federal securities regulators this week that it was withdrawing plans for a public offering of its stock.
Food Lion unveils first stores under new format 3
Food Lion on Wednesday said it had completed remodels of 31 stores in greater Wilmington, N.C., in the first phase of a planned chainwide “Easy, Fresh and Affordable” format.
Delhaize mum on Bottom Dollar sale speculation 9
Delhaize officials had no comment on a published report suggesting the retailer was seeking to sell its Bottom Dollar Food discount division.
Demoulas board meets after governors report 'real progress'

The board of directors of Demoulas Super Markets was reportedly meeting Monday, the day after negotiations with the governors of Massachusetts and New Hampshire triggered “real progress” in talks to facilitate a sale of the troubled chain.

Dollar General makes rival bid for Family Dollar 1
Dollar General on Monday swooped in with a rival offer for discounter Family Dollar Stores, trumping Dollar Tree’s $8.5 billion bid with an offer of $9.7 billion.
Judge OKs settlement of A&P class action 3
A judge has granted preliminary approval to a $9 million settlement of a class action lawsuit filed against certain former executives of A&P by pension funds alleging that the retailer failed to adequately disclose its financial condition prior to its bankruptcy.
Walmart U.S. comps flat in Q2 2
Wal-Mart Stores on Thursday reported flat U.S. comps and a 2.4% decline in U.S. operating income during the fiscal second quarter ended July 31.
Directors reiterate call to end Market Basket spat 5
Independent directors of Demoulas Super Markets on Wednesday said they have still received no response to their offer last week to put ousted Market Basket president Arthur T. Demoulas and protesting associates back to work, saying the nearly month-long job action was “a no-win situation.”
Market Basket workers told to return by Friday 3
Demoulas Super Market’s co-CEOs on Tuesday said they have sent letters to some 200 headquarters and warehouse employees informing them they will lose their jobs if they don’t return to work by this Friday.
Update: Demoulas cousins agree to price, but not to deal 12
The rival cousins negotiating over Demoulas Super Markets appear to have agreed to a price, but not to a deal.
Fairway tempers store growth plan
Fairway Group Holdings plans to just one or two projects per year in coming years, with an eye toward sites that can draw considerable customer attention and regional draw.
Board offers path to return for Demoulas, but offer rebuffed 5
Saying “there is no reason not to meet in the middle,” the three independent directors of directors of Demoulas Super Markets said Friday that they have made an offer to ousted president Arthur T. Demoulas and his staff to return to work at the beleaguered chain while Demoulas continues his pursuit of acquiring the company. Arthur T. however was not buying.
Cannibalization, competition ding Fairway Q1 sales
Fairway Group Holdings said Thursday that same-store sales declined by 1.7% in the fiscal first quarter due in part to sales cannibalization from new Fairway stores and the impact of a recent competitive opening.
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