Retail Financial Archive
Unified Earnings Drop in Q2 From Investments, Fuel Costs
LOS ANGELES — Unified Grocers said yesterday investments in its distribution network, rising fuel costs and volatility in the equity markets are having a short-term impact on earnings for the second quarter that ended March 29, though the company said it expects earnings for the year to be "materially in line" with last year's performance. ...
Earnings Flat as Stater Holds Prices
SAN BERNARDINO, Calif. — Stater Bros. Holdings said yesterday efforts to keep prices down resulted in strong sales but flat earnings for the second quarter that ended March 30. ...
Q2 Earnings Down as Whole Foods Moves to Complete Rebranding Effort
AUSTIN, Texas — Whole Foods Market here said yesterday it expects to complete its rebranding of Wild Oats by the end of the fiscal year, though it will spend another couple of years completing remodeling activity at some locations. ...
Wal-Mart Delivers Cautious Sales Outlook
BENTONVILLE, Ark. — Wal-Mart Stores on Tuesday reported quarterly earnings that slightly exceeded analyst estimates, but cited a tough economy while providing a cautious outlook for the second quarter. ...
Inflation Lifts Winn-Dixie Sales While Earnings Slide
JACKSONVILLE, Fla. — Food price inflation and the timing of the Easter holiday helped Winn-Dixie Stores here post a sales gain during its fiscal third quarter ended April 2, the company said yesterday....
Fresh & Easy Introducing 250 New Own-Brand Items
EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here said yesterday it plans to introduce 250 new own-brand items to its stores over the next three months to cater to increasing customer demand....
Sprouts to Boost Store Expansion Behind New Financing
PHOENIX — Sprouts Farmers Markets here said it will accelerate its store growth as the result of raising $22 million in a recent debt offering....
Group Hopes Chains Will Expand to Underserved Communities
LOS ANGELES — A blue-ribbon commission convened by the Alliance for Healthy and Responsible Grocery Stores here is expected to draft a report for city leaders designed to incentivize major chains to expand into underserved communities. ...
Sobeys ‘Urban Fresh’ Debuts in Edmonton
EDMONTON, Alberta — Sobeys last week unveiled what it is calling its “Urban Fresh” store format here. ...
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....
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