Retail Financial Archive

First Pathmark ‘Price Impact’ Store Opens

Jun 2, 2008

MONTVALE, N.J. — The first location of Pathmark’s new “price impact” format opened Friday in Irvington, N.J., parent company A&P here said....

Shoppers Food Cooperates in Federal Investigation

Jun 2, 2008

LANHAM, Md. — Shoppers Food & Pharmacy said it was cooperating with federal law authorities who raided the chain's headquarters here last week as part of an investigation into the retailer’s relationship with Ulysses Currie, a state senator who had also served as a consultant for Shoppers. ...

Kroger Buys Stake in Clinic Chain

May 30, 2008

CINCINNATI — Kroger Co. here yesterday said it has made a “significant investment” in The Little Clinic LLC “aimed at bringing walk-in medical clinics and consumer health solutions to stores across the country.”...

Gas Price Hikes Add 2% Boost to Costco Comps

May 30, 2008, By ELLIOT ZWIEBACH

ISSAQUAH, Wash. — Costco Wholesale Corp. here said yesterday that inflation in gasoline prices helped increase comparable-store sales in the U.S. by 6% during the third quarter ended May 11 — a figure that would have been up only 4% without the boost provided by fuel....

Bodega Latina Switches to Unified

May 30, 2008, By ELLIOT ZWIEBACH

COMMERCE, Calif. — Bodega Latina here will switch suppliers on June 23, moving to Unified Grocers, Los Angeles, from the California division of C&S Wholesale Grocers, Brattleboro, Vt....

Survey: CPG Companies Project Positive Revenue Growth

May 30, 2008

NEW YORK — Despite the weak economy, consumer products companies are projecting a 5.7% growth rate for the upcoming 12 months, according to PricewaterhouseCoopers’ Consumer Products Barometer, a quarterly survey of top executives in 58 large consumer products businesses....