Retail Financial Archive
Sobeys ‘Urban Fresh’ Debuts in Edmonton
EDMONTON, Alberta — Sobeys last week unveiled what it is calling its “Urban Fresh” store format here. ...
Economy Woes Spark Sales Lift at Dollar Tree
CHESAPEAKE, Va. — Consumers worried over the economy have flocked to Dollar Tree stores, helping the discounter post sales increases exceeding company and analyst expectations during its fiscal first quarter....
Wal-Mart Retreating From Chicago Expansion: Report
CHICAGO — Wal-Mart Stores, Bentonville, Ark., is quietly backing away from its plans to expand inside Chicago city limits, the Chicago Tribune newspaper reported yesterday....
Congress Finalizes Farm Bill; White House Renews Criticism
WASHINGTON — Congress yesterday announced that it has finalized a new version of the 2007 Farm Bill, which will increase support for federal nutrition programs such as food stamps, as well as for conservation and renewable energy programs....
Supercenter Rollout to Continue in Canada
MISSISSAUGA, Ontario — Wal-Mart Canada on Thursday said it will continue a national rollout of its supercenters in Canada this year, planning to build more than a dozen new stores by the end of its fiscal year in January....
Winn-Dixie Offers to ‘Stretch Your Check’
JACKSONVILLE, Fla. — Winn-Dixie Stores here has launched a program tied to the economic-stimulus tax rebate checks that targets specific products....
Delhaize Group Sees Weak First-Half Earnings
BRUSSELS, Belgium — Executives at Delhaize Group here said yesterday they expect a series of initiatives in the U.S. to help boost earnings 6% to 8% in the second half of the year, despite a decline at the corporate level in the first quarter, ended March 30, and expectations for more of the same in the second quarter....
Kroger Workers in W.Va. Reject Proposal, Authorize Strike
WHEELING, W.Va. — Union workers at Kroger stores here have rejected a management contract proposal and given approval for leaders to call a strike, the union said....
Veteran Publix Executive Shivers to Retire
LAKELAND, Fla. — Ed Shivers, vice president of risk management for Publix Super Markets and a 50-year veteran of the retailer here, will retire effective June 16, Publix said....
Kroger Sees Benefits From ‘New Way’ Collaboration
LAS VEGAS — Kroger Co. here said working in collaborative teams with some key suppliers on joint-business planning is helping the retailer to better focus on satisfying the consumer and is creating a more synchronized supplier-retailer team. ...
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