Retail Financial Archive

Tops to Convert Four Martin’s Stores 

WILLIAMSVILLE, N.Y. — Tops Markets yesterday said it would convert its four existing Martin’s Super Food Stores in western New York back to the Tops Markets banner by early March. ...

Former Albertsons President Joins Tops Board 

WILLIAMSVILLE, N.Y. — Tops Markets here said yesterday it has named Gregory Josefowicz, a former executive with Albertsons and with Borders Group, to its board of directors....

Comps Up at Stop & Shop, Giant-Carlisle 

AMSTERDAM — Ahold here said Friday that fourth-quarter comparable-store sales were up 3.1% at Stop & Shop, but slid 0.3% at Giant-Landover. ...

NLRB Hears Arguments on Decertification at Woodman’s 

JANESVILLE, Wis. — Federal labor authorities held hearings last week regarding an effort to decertify United Food and Commercial Workers unions at five Woodman’s Market stores....

Kroger, Union Strike Tentative Deal in Michigan 

GRAND RAPIDS, Mich. — United Food and Commercial Workers Local 951 has reached a tentative contract agreement with Kroger, Cincinnati, covering about 900 workers, the union here said Friday....

Four Promoted at Bashas' 

CHANDLER, Ariz. — Bashas' here said Christie Frazier-Coleman has been named to the new position of vice president, strategic initiatives. ...

IGA Retailers in Australia, Caribbean Named International Winners 

CHICAGO — IGA here said Friday that two retailers have been selected 2008 International Retailer of the Year: David Scally, Ritchies Supa IGA, in Rutherford, New South Wales, Australia; and Clive Stanbrook, Graceway IGA, in Providenciales, Turks and Caiccos, in the Caribbean. ...

CEO of Earth Fare Resigns 

FLETCHER, N.C. — Michael Cianciarulo resigned last week as president and chief executive officer of Earth Fare, the natural and organics retailer based here, the company said. ...

Remodels Drive Comp-Sales Gains: Supervalu 

LAS VEGAS — Supervalu is achieving year-over-year sales increases of at least 6% at remodeled stores formerly operated under the Albertsons banners, Jeff Noddle, chairman and chief executive officer, said here yesterday at a conference for its investors. ...

Dillon Named Executive of the Year by USC 

LOS ANGELES — The Food Industry Management Program at the University of Southern California's Marshall School of Business here said it will honor David Dillon, chairman and chief executive officer of the Kroger Co., as food industry executive of the year. Dillon will be honored at the program's annual graduation banquet on April 30. ...

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