Retail Financial Archive

Food, Shrink Improvement Drive BJ’s Q1 

NATICK, Mass. — Improvements in fresh food presentation and shrink control, along with a continuing consumer flight to value, brought store traffic to a five-year high and boosted quarterly earnings at BJ’s Wholesale Club here, officials said Wednesday....

Supervalu Evaluates Response to Price Cuts 

FULLERTON, Calif. — The Big Relief Price Cut program at Supervalu-owned Albertsons rolled into the chain’s 222 Southern California stores last week after its initial introduction last month in the Jewel-Osco chain in the Midwest and the Albertsons stores in Las Vegas....

New Orleans Winn-Dixies Offer ‘Recovery Kiosks’ 

NEW ORLEANS — Winn-Dixie Stores here are featuring City of New Orleans “recovery kiosks” at all local stores in a partnership with the New Orleans City Council, the chain said yesterday. ...

UFCW Locals in Northern, Central California Merge 

ROSEVILLE, Calif. — Members of United Food and Commercial Workers Union 8-Golden State in Northern California and members of UFCW Local 1036 on the northern fringe of Southern California have voted to ratify an agreement to join forces....

Investors Misunderstand Target’s Food Strategy: CEO 

MINNEAPOLIS — As Target Corp. here begins testing expanded food assortments at its general merchandise stores, a proxy fight has raised the issue of how much larger that assortment should be. ...

Fresh & Easy Expands Offerings 

EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here said yesterday it plans to introduce more than 1,000 new items at its U.S. stores during the summer months. The items will fall into the cereal, health and beauty care, frozen and bakery categories and will include larger sizes, additional national brands and new private-label items. ...

UFCW Withdraws 3 Charges Against Bashas’ 

CHANDLER, Ariz. — The United Food and Commercial Workers Union Local 99 in Phoenix has opted to withdraw three unfair labor practice charges against Bashas’ for lack of evidence, the chain said yesterday. ...

Texas Cities Head Retail Growth Survey 

STAMFORD, Conn. — Four cities in Texas are among the top five U.S. metropolitan areas for retail growth in the next two years, according to a survey by Pitney Bowes Business Insight here. ...

King Kullen to Close Another NYC Store: Report 

BETHPAGE, N.Y. — King Kullen Grocery Co. will close its Castleton Corners location in New York City’s Staten Island this summer, marking the second King Kullen to close in the borough this year, reports said....

KidFresh Shuts Store, Looks to Revamp Products 

NEW YORK — KidFresh has shuttered its lone retail location here, but is looking at relaunching the company's offerings with an expanded product line in the next few months, the founder and chief executive officer told SN yesterday. ...

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