Retail Financial Archive
Ahold Changes Ad Tactics on VIP
AMSTERDAM — Ahold here said Friday it has changed the advertising approach in its Stop & Shop/Giant-Landover segment to compare-and-save rather than simply contrasting new, lowered prices with older, higher ones. ...
Wal-Mart Sees Sales Bump From Tax Checks
BENTONVILLE, Ark. — Wal-Mart Stores here yesterday said it believes it is seeing a sales boost from the economic stimulus checks that taxpayers recently began receiving. ...
Roche Co-Owner Leaves Company
WELLESLEY HILLS, Mass. — Roche Bros. here said yesterday that Jay Roche, vice chairman and co-owner of the 18-store chain, has decided to leave the company to pursue other interests. ...
RILA Calls for Retail Crime Legislation
ARLINGTON, Va. — The Retail Industry Leaders Association (RILA) here pointed to the takedown of a nationally organized retail crime (ORC) ring in San Jose, Calif., as evidence of the need for federal legislation to combat the growing problem of ORC....
Senate Introduces Credit Card Bill
WASHINGTON — Sen. Richard J. Durbin, D-Ill., yesterday introduced the Credit Card Fair Fee Act of 2008, a companion bill to legislation that was introduced in the House in March that calls for credit card companies and merchants to negotiate transaction fees....
Winn-Dixie Reopens Store Destroyed by Storm
AMERICUS, Ga. — Winn-Dixie yesterday reopened a store here that was destroyed by a tornado last year, implementing the chain's new design elements and product offerings. ...
‘Cautious’ Consumer Pressures Village Sales
SPRINGFIELD, N.J. — Village Super Market here said yesterday that its customers appear to be trading down because of economic pressures, restraining same-store sales growth at the 25-unit ShopRite operator....
Trader Joe’s, Target Lauded for Business Ethics
NEW YORK — Retailers Trader Joe’s and Target, along with several packaged goods and food companies, were named to a list of the world’s “Most Ethical Companies” by the Ethisphere Institute here....
UFCW Takes Tesco Campaign to Britain
WESTMINSTER, England — The United Food and Commercial Workers International Union is seeking to convince the parent company of Fresh & Easy Neighborhood Markets to meet with labor representatives in the U.S. by launching a campaign here....
Economist: Food Inflation Could Subside
NEW YORK — Rapid food cost inflation could subside shortly, but high energy prices will continue to challenge consumers and retailers, Steve Wieting, an economist for Citibank, said in a conference call Tuesday. ...
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