As Supervalu comes closer to finalizing a deal with Cerberus, news about the company continues to rank highly among Supermarket News' content. An article about Supervalu's new executives led SN's content last week. See SN's top five stories below.
1. Supervalu Revamps Executive Ranks
MINNEAPOLIS — Supervalu here said Monday it has named several new executives, including a new chief executive officer at its Save-A-Lot division.
2. Food Lion Abandons Test of Fewer Promotions
SALISBURY, N.C. — Food Lion officials said Thursday that the chain was discontinuing a test of reducing promotions in favor of lower shelf pricing launched late last year in the dairy and frozen departments of some stores.
3. Photo Gallery: Brookshire’s Store Gets an Upgrade
Brookshire Grocery Co. celebrated the reopening of four Shreveport, La., Brookshire’s Food Stores in February.
4. Some Shoppers Shun Online Credit Card Use: Wal-Mart
ORLANDO, Fla. — Many online shoppers still appear to be hesitant to pay online using a credit card, according to anecdotal evidence presented by a top Wal-Mart Stores executive here Tuesday.
5. Publix Posts Gains in 2012
LAKELAND, Fla. — Publix Super Markets here said Friday that its net income rose 4% in 2012, on a 1.9% increase in sales, and said its stock hit an all-time high.