Retail Financial Archive
Fresh & Easy Employees Seek Union Recognition
EL SEGUNDO, Calif. — Tesco’s Fresh & Easy Neighborhood Market here said it has received a letter from an employee at a store in Orange County seeking union recognition for workers at that store....
Metro to Commence Ontario Conversions
MONTREAL — Six stores currently operating under the Dominion banner in Ontario will reopen under the Metro banner next week, kicking off Metro Inc.’s 15-month program of consolidating its Ontario conventional stores under a single brand. ...
Stores Slowly Reopening After Ike
HOUSTON — Supermarkets here and in other areas hit by Hurricane Ike are gradually reopening, although many areas remain without power. H.E. Butt Grocery Co. said one of its stores, in Galveston, Texas, was flooded and has been inaccessible. ...
FMI Sees Advance Interest in Future Connect
ARLINGTON, Va. — Food Marketing Institute here said yesterday that more than 1,300 executives have already registered to attend the FMI’s 2009 Future Connect conference, the leadership education event that is replacing the traditional FMI Show on an alternating-year basis. ...
Sedano’s to Celebrate West Miami-Dade Opening
HIALEAH, Fla. — Sedano’s Supermarkets here is scheduled to open its newest location today in West Miami-Dade County, officials said. ...
Kroger Posts Q2 Gains; Outlook Positive
CINCINNATI — Kroger Co. here yesterday said its same-store sales for the second quarter were up 4.7%, excluding gasoline, and were trending above 5% for the first three weeks of the third quarter, which began Aug. 17. ...
Russia Says ‘Dah’ to IGA
CHICAGO — IGA here said yesterday it has signed an agreement to expand into Russia later this year. ...
United Natural Names Spinner CEO
DAYVILLE, Conn. — United Natural Foods here last week said it has named distribution veteran Steven L. Spinner to be the company’s new chairman and chief executive officer, succeeding Michael S. Funk, who becomes chairman of the board. ...
Supermarket Stocks Down With Market
NEW YORK — Supermarket stocks fell yesterday along with the broader market, which absorbed news of financial turmoil for investment banks Lehman Bros. and Merrill Lynch and troubles at insurance giant AIG....
Wal-Mart to Focus Customer Experience
NEW YORK — Knowledge Wal-Mart has gleaned over the last three years to improve the customer experience at store level will be incorporated into the stores it plans to open over the next three years, Raul Vasquez, president and chief executive officer of the U.S. division of Wal-Mart Stores, Bentonville, Ark., told the 38th annual Bank of America Investment Conference here yesterday....
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