Jon Springer

Retail/Whole Health Editor
2015 CEO Outlook: Not taking fuel boost for granted  1

While the decrease in gas prices should be a boon for consumers in 2015, supermarket CEOs for the most part aren’t taking any chances.

Bi-Lo Holdings names McLeod CEO
Bi-Lo Holdings on Thursday announced that Ian McLeod, an international retailer with turnaround experience on two continents, has been named its president and CEO effective March 2, succeeding Randall Onstead.
Dollar General's Dreiling puts off retirement, laments deal loss
Dollar General on Thursday lost a potential merger partner but for now at least, will keep its top executive.
Family Dollar shareholders OK Dollar Tree deal 3
In a vote resolving months of speculation over the future of the small discount space, Family Dollar Stores shareholders on Thursday approved the proposed $8.5 billion merger with Dollar Tree.
Ingles Market stock plummets from high 3
Stock in Ingles Markets plunged by nearly 16% Wednesday, giving back a chunk of the gains it made over a recent rally that saw the retailer achieve its highest trading levels ever.
Mars to close 4 stores 3
Mars Supermarkets said it was closing four of its 17 stores in coming months, citing increasing competition in its greater Baltimore trade area.
Verdi out at C&S as Cohen takes back control 6
Mark Verdi, appointed to a key role as president of C&S Wholesale Grocers less than a year ago, has left the company, according to a memo obtained by SN Friday.
Roundy's sets guidance, cap-ex

Roundy’s on Thursday said it expected same-store sales to be slightly negative for the 2015 fiscal year and that it would likely show a net loss for the year.

Target to shut down Canada 4
Target Corp. said Thursday that it was giving up on its money-losing operation in Canada, and would shut all 133 of its stores there.
Proxy advisor urges shareholders to approve Dollar Tree deal 1

A proxy advisory service on Wednesday urged shareholders of Family Dollar Stores to support an acquisition by Dollar Tree, citing antitrust risk associated with a competing bid by Dollar General, and the downside risk of completing no deal at all.

Murphy vows to 'put the swagger back' in Fairway
Fairway’s new CEO on Thursday said the chain would launch a new marketing campaign he said would “put the swagger back” in the iconic but struggling New York food chain.
Fresh Market shakeup surprises analysts, displeases investors
The sudden departure of Fresh Market CEO Craig Carlock took some analysts by surprise but they said it didn't necessarily portend a crisis at the upscale specialty retailer.
Sprouts seeking '5-o'clock' shoppers
In an effort to better accommodate convenience minded shoppers at dinnertime, Sprouts Farmers Market is investing additional grab-and-go options ranging from sushi to rotisserie chicken, officials of the retailer told SN in an interview Thursday.
Comps dip, profits tumble for Family Dollar in Q1

Family Dollar Stores on Thursday reported a slight dip in comparable store sales and a big drop in profits during its fiscal first quarter.

EVP Prestidge also out at Bi-Lo 1

The forthcoming executive changes at Bi-Lo Holdings will evidently include more than just a new CEO and president.

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