Retail Financial Archive
Supervalu to Sell 36 Stores to AFS
MINNEAPOLIS — Supervalu here said yesterday that it has agreed to sell 36 Albertsons stores in Utah to Associated Food Stores, the Salt Lake City-based cooperative. ...
Stop & Shop, Landover Pace Ahold Sales Gain
AMSTERDAM — Ahold’s U.S. banners posted $5.2 billion in sales for the second quarter, which ended July 12, with gains at Stop & Shop and Giant-Landover but slowing sales at Giant-Carlisle, the company said in a trading statement Tuesday. ...
Nash Finch Launches Organics Brand
MINNEAPOLIS — Nash Finch here has launched a new premium natural and organics brand named after the company’s founding brothers. ...
Spartan Posts Comp-Sales Decline in Q1
GRAND RAPIDS, Mich. — Spartan Stores here said its comparable-store sales fell 1.8% in the first quarter, excluding the impact of fuel-price deflation and the impact of the later Easter holiday this year. ...
Fairway Gets OK for Queens Location
NEW YORK — City officials have given approval for planned renovations of a shopping center that would pave the way for Fairway Market to open its first location in the borough of Queens. ...
Sprouts to Open Orange Location This Week
PHOENIX — Sprouts Farmers Markets on Friday will open a new location in Orange, Calif. ...
Loblaw to Acquire 17-Store Asian Chain
TORONTO — Loblaw Cos. here said Friday it has entered an agreement with T&T Supermarket — Canada's largest Asian food retailer — to acquire all common shares of the 17-store chain for $225 million ($207.5 million U.S.). ...
Arizona Group Honors Three
PHOENIX — The Arizona Food Marketing Alliance, a trade association representing food retailers and suppliers, will honor three industry leaders during its annual Excellence in Leadership Awards banquet on Nov. 20. ...
Safeway Q2 Sales Slip; Guidance Down
PLEASANTON, Calif. — Safeway here said yesterday identical-store sales for the second quarter ended June 20 were negative — the first time in 18 quarters IDs have fallen into the negative range. ...
Todd Schnuck Named COO in Management Revamp
ST LOUIS — Schnuck Markets here yesterday said that Todd Schnuck, president of the family-owned chain, would add the title of chief operating officer and take on responsibility the day-to-day store operations. ...
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