Retail Financial Archive
Vowles Joins Modiv Media's Board
QUINCY, Mass. Stephen Vowles, senior vice president for Stop & Shop/Giant Landover, has joined Modiv Media's board of directors....
Supervalu, Truckers Reach Agreement
MINNEAPOLIS Supervalu has agreed to amend certain policies that truck drivers said forced them to bear the cost of unloading cargo at Supervalu warehouses. ...
Aldi Planning Georgia Warehouse
Discounter Aldi here is reportedly looking to build a 789,000-square-foot warehouse in Georgia. ...
AG New England Hires Tutu, Others
MANCHESTER, N.H. Associated Grocers of New England here said it has named Raymond Tutu vice president of non-member business development following the acquisition by Associated of Tutu's former company, Manchester Wholesale Distributors, a convenience store wholesaler based here....
New Credit Card Bill in House
WASHINGTON A bill introduced in the House yesterday would allow retailers to bargain collectively with Visa and MasterCard and the banks that issue their credit cards to establish interchange fees. ...
Price Chopper Sues Giant Over Ads
SCHENECTADY, N.Y. Price Chopper Supermarkets is suing Binghamton Giant Food Markets for $20 million for allegedly stealing trade secrets. ...
Village Posts Sales, Earnings Gains in Q3
SPRINGFIELD, N.J. Consumers shopped often, but shopped cautiously during the fiscal third quarter at stores operated by Village Super Market, the company here said Wednesday. Village, a member of the Wakefern Food cooperative, operates 26 ShopRite stores in Pennsylvania and New Jersey....
Niemann Foods to Acquire C-Store Chain
QUINCY, Ill. Niemann Foods here has agreed to acquire 16 convenience stores operating under the Pick-A-Dilly banner from Big River Oil, Hanniball, Mo. ...
NY Grocers to Pay Back Wages to Baggers
NEW YORK Six supermarkets here have agreed to pay more than $300,000 in back wages to baggers after an investigation by the state Department of Labor, the DOL said. ...
Sales, Profits Soar at Dollar General in Q1
GOODLETTSVILLE, Tenn. A influx of new customers, as well as more frequent visits from returning shoppers, sent sales and profitability soaring for Dollar General in its fiscal first quarter, the retailer said Tuesday....
UFCW Locals 21, 44 Approve Merger
SEATTLE United Food and Commercial Workers Locals 21 and 44 have agreed to a merger. ...
United Natural Posts Q3 Profit Gains
DAYVILLE, Conn. United Natural Foods here yesterday said expense controls and lower fuel costs helped drive a 29.2% increase in net income for the third quarter. ...
Losses Accelerate in Q3 for Planet Organic
EDMONTON, Alberta Natural-products conglomerate Planet Organic here on Monday said overall revenues for the fiscal third quarter increased by 11.5%, but losses accelerated as its stores in the U.S. and Canada saw negative same-store sales growth for the period. ...
CEO: No New Markets Planned for AmazonFresh
SEATTLE Amazon.com said at its annual meeting last week that it had no plans to expand its 2-year-old perishables-delivery service beyond the Seattle area anytime soon, according to reports. ...
Ohio UFCW Names Patton to Legislative Post
COLUMBUS, Ohio The United Food and Commercials Workers of Ohio has named Joyce Patton as its government relations director....
FreshDirect Sees Financial Gains: Report
NEW YORK Online grocer FreshDirect here is solidly profitable for the first time in its six-year history, according to a report in Crains New York Business. ...
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