Retail Financial Archive

A&P Sues Stop & Shop Over Pricing Claims

Aug 18, 2010, By JON SPRINGER

WHITE PLAINS, N.Y. — A&P has filed suit against Stop & Shop in U.S. District Court here, accusing its rival of making misleading statements in comparative price advertisements. ...

Acme, Union Discussing Labor Buyout

Aug 18, 2010, By JON SPRINGER

PHILADELPHIA — Acme and the union representing workers here are discussing terms of a voluntary severance program that would go into effect this fall....

WinCo Vice Chairman Preece Dies

Aug 17, 2010, By ELLIOT ZWIEBACH

PORTLAND Ore. — Funeral services were pending Tuesday for Scott Preece, vice chairman of WinCo Foods, who died here Sunday after a six-month battle with stomach cancer....

Court: Chains Must Face Suit for Strike Collaboration

Aug 17, 2010, By SN STAFF

SAN FRANCISCO — The Ninth U.S. Circuit Court of Appeals here said Tuesday that three California supermarkets must face an antitrust lawsuit over a mutual strike assistance agreement they signed in 2003. The decision overturns a lower court ruling of a suit filed by the state six years ago. ...

Big Y Co-Founder Dies at Age 90

Aug 17, 2010, By SN STAFF

SOMERS, Conn. – Services were held here this week for Gerald E. “Gerry” D’Amour, 90, co-founder and former president of Big Y Foods, who died Aug. 15....

Kramer Out at A&P: Sources

Aug 17, 2010, By JON SPRINGER

MONTVALE, N.J. — Mark Kramer, hired only months ago to lead operations at A&P here, has left the organization, sources told SN Tuesday. ...

Walmart Says International Provides Growth

Aug 17, 2010, By SN STAFF

BENTONVILLE, Ark. — Walmart here said Tuesday international operations continued to drive growth as corporate net earnings and sales increased but overall comparable sales dropped for the second quarter and 26 weeks ended July 30....

RILA Names Siegel VP of Sustainability

Aug 17, 2010, By SN STAFF

ARLINGTON, Va. — The Retail Industry Leaders Association here said Tuesday it has named Adam Siegel vice president of sustainability and retail operations, effective at the end of August....

Giant-Landover Wins Food For All Retailer of Year

Aug 16, 2010, By SN STAFF

FALLS CHURCH, Va. — Food For All said it has presented the Food For All Retailer of the Year award to Giant Food of Landover, Md....

Loblaw to Close Halifax DC

Aug 16, 2010, By SN STAFF

BRAMPTON — Loblaw Cos. here said it would close its distribution center in Halifax, Nova Scotia, on or about Oct. 9....

Nash Finch Settles Avanza Price Suits

Aug 16, 2010, By MARK HAMSTRA

MINNEAPOLIS — Nash Finch Co. here said it has agreed to settle a lawsuit filed by customers of its Avanza format in Denver who claimed that the banner’s pricing message was deceptive....

Mi Pueblo Chain Seeks to Reach Broader Market

Aug 16, 2010, By ELLIOT ZWIEBACH

SAN JOSE, Calif. — With the hiring of longtime industry veteran Rich Donckers as president, Mi Pueblo Food Stores here plans to try to extend its reach beyond its core Hispanic base, Juvenal Chavez, chairman and chief executive officer, told SN last week. ...