Retail Financial Archive
FMI Reschedules FutureConnect for October
ARLINGTON, Va. — Food Marketing Institute told SN Thursday that it has rescheduled its inaugural FutureConnect leadership development conference for Oct. 12-14 at the Hyatt Regency in Dallas. The event had been scheduled for this month but was postponed because of concerns about the influenza H1N1 outbreak....
Stater Bros. Margin Investment Sinks Q2 Earnings
SAN BERNARDINO, Calif. — Stater Bros. Markets here said yesterday it plans to continue investing gross margin to retain and grow its customer base. ...
Free Phone Minutes Ring at Kroger
CINCINNATI — Free cell phone minutes are the latest rewards to be offered at Kroger. The program is open to anyone who purchases an i-wireless phone from Kroger....
Whole Foods Comps Fall Again
AUSTIN, Texas — Whole Foods Market here yesterday said comparable-store sales for the fiscal second quarter fell 4.8%, marking the second quarter in a row of declining sales at the natural and organic specialist. ...
Unified Sees Q2 Sales Decline
LOS ANGELES — Unified Grocers here said earnings increased and sales fell for the second quarter, which ended March 28. ...
Spartan Posts Q4 Sales, Profit Gains
GRAND RAPIDS, Mich. — Spartan Stores here yesterday said fourth-quarter net income rose about 9.9% in the fourth quarter, to $8.9 million, which the company attributed in part to growth in private-label sales. ...
Pathmark Woes Sink A&P’s Q4
MONTVALE, N.J. — Falling sales and store traffic in its newly acquired Pathmark division contributed to a quarterly loss of $111.1 million for A&P, the retailer here said Tuesday. The losses far exceeded analyst estimates and sent stock in the company tumbling by more than 37%....
Henry's Expanding in Los Angeles
SAN DIEGO — Henry's Farmers Market here, a division of Los Angeles-based Smart & Final, is moving gradually into the Los Angeles marketplace, with a third location scheduled to open in June and up to 12 more Los Angeles-area locations scheduled to open by the end of 2010, according to local sources....
Costco Settles Suit Over Membership Charges
ISSAQUAH, Wash. — Costco Wholesale here has received court approval of a settlement agreement in a class-action suit over its membership renewal practices. ...
Court Splits Sweetbay, Hannaford Data Breach Cases
TAMPA, Fla. — A federal appeals court has returned a portion of a class-action suit related to a credit-card data breach against Delhaize Group’s Sweetbay chair to a court here, reports said. ...
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