Retail Financial Archive
Stater to Begin Shipments From New Facility
SAN BERNARDINO, Calif. — Stater Bros. Markets here expects to begin shipments early next month from its new dry grocery distribution center, with shipments from its new refrigerated facility scheduled to begin in early August, Jack Brown, chairman and chief executive officer, said yesterday. ...
Economic Stimulus Includes Rebates, Investment Incentives
WASHINGTON — President Bush signed a $152 billion economic stimulus package yesterday that includes tax rebates for consumers and incentives for businesses to invest. ...
Profits Dive as Weis Swallows Cost Increases
SUNBURY, Pa. — Profits at Weis Markets here fell by 38.6% in the fourth quarter as soaring wholesale costs outpaced retail price adjustments....
AG Acquisition Boosts Unified’s 1Q Results
LOS ANGELES – Unified Grocers here said yesterday the acquisition of Associated Grocers, Seattle, resulted in a sharp increase in sales and operating income for the first quarter, which ended Dec. 29. ...
Smith Promoted at Sweetbay
TAMPA, Fla. — Sweetbay Supermarket here said yesterday that Steve Smith has been promoted to senior vice president of merchandising. ...
Nash Finch Pleased With Consumer Feedback Tool
MINNEAPOLIS — Nash Finch Co. here said yesterday it is pleased with a consumer feedback tool it implemented at its 57 corporate stores in December. ...
Speaker: Conventional Attitudes Impeding Health Category Killers
LAS VEGAS — Conventional assumptions about the role of supermarkets may be impeding the development of a health-oriented category killer, an industry consultant told a National Grocers Association workshop audience here. ...
Kroger Partners With NASCAR Driver, Kimberly-Clark
DAYTONA BEACH, Fla. — NASCAR driver Brad Coleman will have a paint scheme on his race car that features 181 Kroger employees from the southwest division who have been recognized for their service. ...
UFCW 8 Absorbs Central California Local
ROSEVILLE, Calif. — Members of two California locals of the United Food and Commercial Workers have voted to approve their merger, according to UFCW 8-Golden State here. ...
Aldi Targets Price Reductions in St. Louis Market
O’FALLON, Mo. — Seeking to boost traffic among a shopper base troubled by rising food prices, Aldi said it would lower prices by 12% to 27% on more than 100 of its top-selling items at 60 stores serviced by its O’Fallon division here in a nine-week pilot program that may eventually be replicated in additional Aldi markets. ...
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