Retail Financial Archive
Super 88 Closes Three Stores
BOSTON — Super 88, a chain of Asian supermarkets here, has shuttered three of its six locations, including the chain’s original location in this city’s Chinatown, according to local reports last week. ...
Costco's Mexico Partner Seeks Reorganization
ISSAQUAH, Wash. — Costco Wholesale Corp.’s joint-venture partner in Mexico is seeking a financial reorganization, but that should not impact the Mexican operations of Costco, industry analysts said Friday. ...
Kroger Names Young Operations VP for Central Division
CINCINNATI - Kroger Co. on Friday said it has promoted Steve Young to vice president of operations of the company's Central Division, based in Indianapolis....
Kroger Wins 2008 SN Retail Excellence Award
CINCINNATI — SN has named Kroger as the winner of its 2008 Retail Excellence Award, based on the success the company has achieved in the current economy and its leadership in a range of areas, such as marketing and community relations. ...
Whole Foods Takes Dive as Stock Sell-off Continues
NEW YORK — Supermarket stocks suffered a tumble along with the broader market Thursday as investors continued to sell....
UFCW Pickets Fresno Foods Co Store
ROSEVILLE, Calif. — The United Food and Commercial Workers Union said it has begun informational picketing at a non-union Foods Co store in Fresno, Calif....
Albertsons LLC Rolls Out Fashion Bags
BOISE, Idaho — Albertsons LLC here said yesterday it has added fashion and style to the otherwise plain reusable shopping bags it sells by offering them in a variety of bright colors — black, turquoise, pink, yellow and blue — using the theme, “Green comes in many colors.” ...
Safeway’s Burd Honored by U.S. Labor Dept.
PLEASANTON, Calif. — Steve Burd, chairman, president and chief executive officer of Safeway here, has been presented with the 2008 SPIRIT award by the U.S. Labor Department, recognizing Safeway’s leadership in furthering employment opportunities for people with disabilities. ...
Food Sales Gain for Discounters in Rough Market
BENTONVILLE, Ark. — Sales gains in food and consumables at Wal-Mart helped the retailer here endure soft sales of discretionary items, the company said in a review of monthly sales Wednesday....
Fresh & Easy Touts Solar Investment
EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here said its investment in a massive solar panel installation at its warehouse here is providing nearly 75% of the facility’s energy needs and helping keep its grocery prices affordable. ...
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