Retail Financial Archive
Fresh & Easy to Accept American Express
EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here, the U.S.-based operation of U.K.-based Tesco, said yesterday it will now accept American Express cards at all 59 stores in response to customers’ requests....
Court Upholds NLRB in Wal-Mart Meatcutters Case: Report
WASHINGTON — An appeals court here on Friday upheld two National Labor Relations Board rulings in a widely watched case that led Wal-Mart to eliminate meatcutters from its stores nearly a decade ago....
Delhaize Group Forms New Charitable Fund
BRUSSELS — Delaize Group here yesterday said it had formed a new charitable fund, called the Delhaize Group Fund, to provide financing for “charitable initiatives stimulating contacts and promoting integration among persons of different generations, of various cultures, with diverse social and economic backgrounds in a neighborhood or district.”...
Fong Named New CGA President, CEO
SACRAMENTO, Calif. — The California Grocers Association here said Friday it has named Ronald Fong as its new president and chief executive officer, effective March 31. ...
Village to Pay $16M in Special Dividends
SPRINGFIELD, N.J. — Village Super Market here said Friday that its board has authorized special dividends of $3 per share for Class A shares and $1.95 per share for Class B shares, to be paid April 24 to shareholders of record as of April 4. ...
Save Mart to Launch Online Basketball Sweepstakes
MODESTO, Calif. — Save Mart Supermarkets here said last week it will offer customers the chance to win up to $1 million in an online sweepstakes tied to the NCAA college basketball tournament. ...
NRF Projects $14.4B in Spending as Easter Hits Early
WASHINGTON — National Retail Federation here on Friday projected that consumers would spend a total of $14.4 billion on food, clothing, gifts, flowers decorations and candy related to Easter this year. ...
Services Held for Murdered Redner’s VP
SPRING TOWNSHIP, Pa. — Services were held here yesterday for Gary W. Redner, a vice president at his family’s supermarket chain who police said was killed at his home in Lower Heidelburg Township, Pa., either Saturday night or Sunday morning. ...
Wal-Mart Canada Extends Hours for Easter
MISSISSAUGUA, Ontario — Wal-Mart Canada here said it would extend hours in 175 stores, or nearly 60% of its locations, to meet demand created by the early Easter holiday. ...
Tesco Brings Wal-Mart, Lotus Veteran to U.S.
EL SEGUNDO, Calif. — Jeff Adams, a veteran industry executive who has worked for Tesco in Thailand and the United Kingdom for the past 10 years, has moved to the chain's U.S. headquarters here "to strengthen the Fresh & Easy team," a Tesco spokesman told SN yesterday. ...
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