Retail Financial Archive
Publix Executive Given Loss Prevention Award
ORLANDO, Fla. — The National Retail Federation, Washington, announced yesterday that Ron Averette, loss prevention manager, distribution for Publix Super Markets, was awarded NRF’s 2008 Loss Prevention Case of the Year. ...
Independent Supermarkets See Margin Gains
ARLINGTON, Va. — Independent supermarkets increased their net profit before taxes by 76 basis points, to 1.52%, in the most recent year, according to a survey released yesterday by the National Grocers Association here and financial services company FMS Inc., Pasadena, Md. ...
Oregon Independent Wins 'Visionary' Award
LOS ANGELES — The father-and-son team that owns the seven Market of Choice locations in Oregon were named winners of the annual Ben Schwartz Retail Grocery Visionary Award, presented by Unified Grocers here. ...
Kroger Boosts Fiscal-Year Guidance After Strong Q1
CINCINNATI — Kroger Co. here said net income for its fiscal first quarter, which ended May 24, rose 14.7% to $386 million, with per-share earnings hitting a record of 58 cents, compared with 47 cents a year ago. ...
Marsh to Reopen Former Arthur’s Thursday
NEW PALESTINE, Ind. — Marsh Supermarkets is scheduled to stage a grand reopening of a store here tomorrow that previously had been one of its two Arthur’s Fresh Market locations. ...
Food Inflation Could Linger: Consultant
ELMWOOD PARK, N.J. — Food-price inflation could be much more severe and more prolonged than many people are now predicting, according to a presentation yesterday by the Food Institute here and consulting firm Willard Bishop, Barrington, Ill....
Kroger Touts ‘New Lower Prices’ at Ralphs
COMPTON, Calif. — Ralphs Supermarkets here, a division of Kroger Co., Cincinnati, is poised to lower prices at all of its Southern California stores tomorrow, according to an ad in Sunday's Los Angeles Times....
Central Grocers Gets Labor Incentives for Move
FRANKLIN PARK, Ill. — Central Grocers here will receive $3.9 million in incentives from Illinois to relocate its distribution center from here to Joliet, Ill....
A&P Adjusts Pathmark’s 2007 Results
MONTVALE, N.J. — A&P here yesterday released a summary of year-ago financial results from Pathmark Stores, adjusted to conform with A&P’s financial calendar and to conform with A&P accounting practices....
Michaelson Replacing Parker as Supervalu CMO
MINNEAPOLIS — Steve Michaelson has joined Supervalu as its chief marketing officer, replacing Susan Parker, who joined the company in that role last year. ...
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