Retail Financial Archive

Investment Group Calls for Mackey's Ouster 

WASHINGTON — CtW Investment Group, a fund associated with the Change to Win union coalition, yesterday said it had sent a letter to the board of directors of Whole Foods Market asking for the removal of John Mackey as chairman and chief executive officer, citing his recent opinion piece in the Wall Street Journal that was critical of health care reform efforts....

Whole Foods Readies 6th NYC Opening 

NEW YORK — The two co-presidents of Whole Foods Market are scheduled to ring the opening bell at the Nasdaq stock exchange today in advance of the opening of the company's sixth New York City location....

Winn-Dixie Posts Profit in Q4 

JACKSONVILLE, Fla. - Citing improved gross margins, Winn-Dixie Stores here yesterday said it swung to a profit for the fiscal fourth quarter, posting $9.4 million in net income, vs. a loss of $5.5 million a year ago....

Albertsons LLC to Close 4 More Florida Stores 

BOISE, Idaho — Albertsons LLC here plans to close four more locations in Florida, according to local reports yesterday. ...

Haggen Promotes Boyle, Skaggs 

BELLINGHAM, Wash. — Haggen Inc. here said it has promoted two executives: John Boyle was named group vice president of sales and marketing, and Becky Skaggs was named vice president of marketing and strategy. ...

Weis Completes Giant Acquisition 

SUNBURYS, Pa. — As expected, Weis Markets here said yesterday it has completed the acquisition of 11 Giant Markets locations in the Binghamton, N.Y. area. ...

Oklahoma Seeks to Incentivize Healthy Retail Offerings 

TULSA, Okla. — State lawmakers here are planning a study this fall to determine how to make healthy, affordable and locally grown products more accessible to consumers by incentivizing retailers. ...

Bozzuto’s Raises $165,000 for Special Olympics  

CHESHIRE, Conn. — Bozzuto’s here, in concert with its IGA Hometown Wheels program, and the Hometown Foundation, raised $165,000 for the Special Olympics of Connecticut Sunday via its Dream Ride motorcycle event—$65,000 more than was raised by the event last year. ...

UFCW Protests at Whole Foods 

LA JOLLA, Calif. — United Food and Commercial Workers Union members said they were planning a protest over the weekend outside a Whole Foods here in response to the opinion piece in the Wall Street Journal this month by Whole Foods’ chairman and chief executive officer, John Mackey. ...

Dollar General Files IPO 

GOODLETTSVILLE, Tenn. — Dollar General Corp. here could become a public company before the end of the year following its filing late last week of an initial public offering that seeks to raise $750 million. ...

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