Retail Financial Archive
Stores Remain Closed After Ike
HOUSTON — Supermarkets remained closed yesterday from here to Cincinnati after Hurricane Ike swept through, flooding coastal Texas and knocking out power in several areas....
Brokaw, Leno to Speak at 2009 NGA Convention
ARLINGTON, Va. — Tom Brokaw, former anchorman for NBC News, will be the keynote speaker at the 2009 annual convention and supermarket synergy showcase of the National Grocers Association, scheduled for Feb. 3 to 6 at the Paris Las Vegas Hotel....
Supervalu Wins Appeal of Johnson Suit
RICHMOND, Va. — The Virginia Supreme Court here on Friday overturned a lower-court ruling and concluded that Supervalu does not have to pay $16 million to Johnny Johnson, operator of the Community Price grocery chain here....
Publix Hopes to Reopen Some Albertsons by Late October
LAKELAND, Fla. — Publix Super Markets here hopes to begin reopening late next month some of the Albertsons stores it acquired, though no specific schedule has been set yet, the company said Friday. ...
Retail Sales Continue to Decline
WASHINGTON — Reports on Friday indicated weak consumer spending for the back-to-school season, although inflation seemed to be abating. ...
Houston Supermarkets Prepare for Ike
HOUSTON — Business was heavy yesterday at area stores here as forecasters predicted Hurricane Ike might hit the city sometime today. ...
Teel Backs Off on Corti Bros. Site
SACRAMENTO, Calif. — Michael Teel, the former top executive at Raley's Supermarkets here, and his business partner in a new retail food venture published an open letter to area residents in the Sacramento Bee newspaper earlier this month announcing they were backing off plans to open a Good Eats location on the site of an epicurean market that has been a neighborhood institution for nearly 40 years. ...
Penn Traffic Expands Supply Agreement With C&S
SYRACUSE, N.Y. — Penn Traffic Co. here said it has expanded its service contract with C&S Wholesale Grocers, Keene, N.H., to encompass grocery, bakery, deli, seafood, dairy, floral, frozen foods, ice cream, candy and store supplies....
Sobeys Sales Lift Empire Results
STELLARTON, Nova Scotia — Improved sales and profits from Sobeys stores offset lower earnings from the real estate division at Empire Cos., the company said in a review of first-quarter financial results yesterday. ...
Small-Store Concept Sets Massachusetts Opening: Report
PLYMOUTH, Mass. — The Market, a 14,000-square-foot grocery store its developers say is a “state-of-the-art” store taking advantage of the trend toward smaller stores specializing in fresh foods and essential groceries, is set to open here next week, published reports said....
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