Retail Financial Archive
Wegmans to Report on Collaborative Ordering
LAS VEGAS – Wegmans Food Markets is implementing a “collaborative ordering project” in partnership with Coca-Cola that gives the beverage giant better visibility into Wegmans’ sales data to improve direct-store-delivery operations, according to a presentation at the Food Marketing Institute Show here yesterday. ...
Grocery Business Can Touch Lives, Dillon Says
LOS ANGELES — Being a grocer provides a prime opportunity to touch people's lives, David Dillon, chairman and chief executive officer of Kroger Co., Cincinnati, said here this week. ...
Sales, Earnings Up; Stock Down at Publix
LAKELAND, Fla. — Publix Super Markets here yesterday said its stock price decreased by $1.25 from the fourth quarter although sales and earnings improved....
Niemann Foods Promotes Two Executives
QUINCY, Ill. — Niemann Foods here has announced the promotions of Jim Cox to the position of senior vice president and Ron Cook to vice president and director of marketing....
Leighton Plans to Accelerate Loblaw Turnaround
TORONTO — Allan Leighton, the newly named president of Loblaw Cos. here, in a conference call yesterday unveiled adjustments to the retailer’s ongoing turnaround he said would “signal the ramping up of our recovery program, and add clarity, focus and inject much-required pace to the process.”...
A&P-Pathmark Integration on Target: Haub
NEW YORK — The integration of Pathmark into A&P’s business is on target to generate $40 million or more in annual cost-of-goods savings, Christian Haub, executive chairman of A&P, Montvale, N.J., said in a presentation here Wednesday....
Hammonds to Retire From FMI
ARLINGTON, Va. — Food Marketing Institute here yesterday said Tim Hammonds plans retire as president and chief executive officer once a successor is found. ...
Supervalu Accelerates Private-Label Rollouts
NEW YORK — Supervalu said here yesterday it is accelerating the development of a premium line of private-label entrees and side dishes to take advantage of the consumer shift to trading down. ...
Meijer, Wal-Mart Launch Tax-Check Promotions
GRAND RAPIDS, Mich. — Meijer Inc. here yesterday said it would offer $30 coupon for every $300 spent on a Meijer Gift Card purchased in the month of May, joining several other retailers who have launched programs to get shoppers to cash their tax-rebate incentive checks at their stores. ...
Hawaiian Airline Shutdown Stalls Deliveries
HONOLULU — The abrupt shutdown by Aloha Airlines of its cargo operations Monday left shippers of perishables goods to other islands scurrying for alternative delivery sources. ...
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