Retail Financial Archive
Price Chopper Promotes Golub, Kelly
SCHENECTADY, N.Y. — Price Chopper here said yesterday it has promoted two executives: Jerry Golub, who most recently had been senior vice president of sales and merchandising, was promoted to executive vice president and chief operating officer. ...
Wal-Mart Sees Less Inflation ‘Pass-Along’
BENTONVILLE, Ark. — Wal-Mart Stores here yesterday said it believes it is raising its retail grocery prices less than its competitors to cope with inflation....
Winn-Dixie Posts Profit, Sales Gains
JACKSONVILLE, Fla. — Winn-Dixie Stores here yesterday reported second-quarter results that it described as “stronger than expected,” with net income of about $4.1 million, compared with $286,793 in the year-ago period....
Loblaw to Offer Employee Discount, Step Up Background Checks
TORONTO — In a move designed to improve morale and reduce turnover, employees at stores operated by Loblaw here will be eligible for a 10% discount on purchases beginning this quarter, Dalton Phillips, chief operating officer for Loblaw, said during the retailer’s annual investor conference Tuesday....
Wild Oats Acquisition Trims Whole Foods’ Earnings
AUSTIN, Texas — Whole Foods Market here yesterday said the acquisition of Wild Oats Markets last year reduced net income for its fiscal first quarter by about $11.9 million....
King Kullen Workers Strike, Then Return
MINEOLA, N.Y. — Workers in the meat and seafood departments at a handful of King Kullen stores went on strike briefly over the weekend, according to United Food and Commercial Workers Local 342, based here....
Nash Finch Buys 2 Stores as Albertsons LLC Merges Divisions
BOISE, Idaho — Albertsons LLC here said Friday it is merging two of its divisions to increase efficiencies. ...
UFCW Cites Young Workers in Obama Endorsement
WASHINGTON — The United Food and Commercial Workers International union here said it is endorsing Sen. Barack Obama, D-Ill., for president, citing his popularity among younger workers and his support of union-friendly issues. ...
Fantozzi Promoted to EVP, COO at White Rose
CARTERET, N.J. — Wholesaler White Rose Foods here said it has promoted Joseph Fantozzi to executive vice president and chief operating officer. ...
Whole Food Stock Falls Following Downgrade
NEW YORK — Shares of Whole Foods Market, Austin, Texas, fell about 5% — to close at $39.12 Friday following a negative overview of the company's prospects by Meredith Adler, an analyst with Lehman Bros. here. ...
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