Retail Financial Archive

Obama Highlights Work of Local Supermarket Retailer

Jan 28, 2010, By MARK HAMSTRA

WASHINGTON -- Jeff Brown, president and chief executive officer of Brown's Super Stores, was the guest of honor seated in first lady Michelle Obama's box during President Obama’s State of the Union Address Wednesday night. The president cited the need for supermarkets in inner-city areas....

Safeway Settles With Excentus Over Patent Infringement

Jan 27, 2010

PLEASANTON, Calif. — Dallas-based fuel rewards vendor Excentus and Safeway here announced that they have entered into a settlement and licensing agreement settling all outstanding litigation between them....

A&P: Marshall Will Take Over Feb. 8

Jan 27, 2010

MONTVALE, N.J. — A&P Wednesday confirmed that Ron Marshall has been appointed its new chief executive officer. ...

Quality, Nutrition Gain Importance: NGA

Jan 27, 2010, By MARK HAMSTRA

ARLINGTON, Va. — Shoppers might be pressured into seeking bargains in the grocery store, but their quest for high quality, nutritious foods has not abated, according to the National Grocers Association 2010 Consumer Survey Report, which was released yesterday....

Colo. Albertsons Workers to Vote on New Deal

Jan 27, 2010

DENVER — Union employees of Albertsons stores here are expected to vote on a new contract proposal from the retailer....

IGA Sets Global Rally in April for Nashville

Jan 27, 2010

CHICAGO — IGA here said it has scheduled its annual Global Rally for April 19-22 in Nashville, Tenn. ...

Shrink Improvements Pace Metro Q1 Results

Jan 26, 2010, By JON SPRINGER

MONTREAL — Better store operations leading to improved margins helped Metro Inc. increase sales and earnings despite deflation and heavy price competition during its fiscal first quarter, the retailer here said Tuesday....

NRF Projects 2.5% Retail Growth in 2010

Jan 26, 2010

WASHINGTON — The National Retail Federation here yesterday projected that retail industry sales — excluding automobiles, gas stations and restaurants — will increase by 2.5% in 2010, after falling by that same amount in 2009. ...

FMI Recognizes Roberts, Knauss

Jan 26, 2010

ORLANDO, Fla. — Food Marketing Institute here Tuesday said it has posthumously named Samuel Randolph "Randy" Roberts, the former director of government relations at Publix Super Markets, the winner of the Glen P. Woodard Jr. Public Affairs Award....