Retail Financial Archive

Whole Foods’ Comps Dip as Net Income, Sales Rise in Q3

Aug 5, 2009, By ELLIOT ZWIEBACH

AUSTIN, Texas — Whole Foods Market here said net income and sales rose for the third quarter, which ended July 5, while net income fell on higher sales for the year to date. Comparable-store store sales declined for both periods....

C&S to Expand ES3 Facility

Aug 5, 2009

YORK, Pa. — ES3 will add a 705,000-square-foot tower to its existing warehousing and distribution center here, the company said. ...

Loblaw Division Adds ‘Just Lower Prices’ Label

Aug 5, 2009

HALIFAX, Nova Scotia — Loblaw Cos. said its Atlantic division, based here, has rolled out a new pricing campaign called “Just Lower Prices,” flagging those items that are discounted from regular retail prices. ...

Publix Earnings Up, but Comps Slide in Q2

Aug 4, 2009, By JON SPRINGER

LAKELAND, Fla. — Publix Super Markets here said net earnings improved by 1.7% on a 2.7% sales gain for the second quarter. ...

Metro Warehouse Workers End Strike

Aug 4, 2009

MONTREAL — Workers at a Metro Inc. grocery warehouse in Quebec City returned to work Sunday after approving a new contract with the retailer, which is based here. ...

Associated Wholesale Grocers Expanding Its Reach

Aug 3, 2009, By ELLIOT ZWIEBACH

Associated Wholesale Grocers seems to have been at the right place at the right time to expand contiguously for nearly 15 years. Starting from its base...

Growth Engine: Associated Wholesale Grocers

Aug 3, 2009, By ELLIOT ZWIEBACH

Associated Wholesale Grocers has quietly become the nation's second-largest member-owned cooperative, primarily through a series of strategic acquisitions....

Ingles’ Q3 Profits Down on Refinancing Costs

Aug 3, 2009

ASHEVILLE, N.C. — Ingles Markets here said Monday that same-store sales for the third quarter, excluding gasoline and adjusted for Easter, were up, but net income was down because of refinancing activities, the economic slowdown and increased store-development costs. ...

California Court Rules Against Worker-Retention Ordinance

Aug 3, 2009, By ELLIOT ZWIEBACH

SACRAMENTO, Calif. — A Los Angeles city ordinance that required certain supermarket operators to retain workers when a store changed ownership has been declared unconstitutional by the Second District Court of Appeals here, upholding a 2008 trial court ruling. ...