Retail Financial Archive

FreshDirect Cooperating With Federal Immigration Probe 

NEW YORK — FreshDirect is cooperating with federal officials investigating worker documentation at its warehouse here, a FreshDirect official said Wednesday....

Ice Storm Shutters Oklahoma Warehouse 

OKLAHOMA CITY — A large distribution center here operated by Associated Wholesale Grocers here was without power for two days this week because of the major ice storm that ripped through the Midwest, according to local sources. ...

Jill Rulon Named Interim CEO of CGA 

SACRAMENTO, Calif. — The California Grocers Association here said Jill Rulon has been named interim president and chief executive officer following the formal resignation last week of Peter Larkin. ...

IGA Names Finalists for Retailer of the Year Awards 

CHICAGO — IGA here said it has named eight finalists for its U.S. Retailer of the Year award, three of whom will be named winners at the IGA Global Summit in late March and one of whom will also be awarded the additional title of U.S. international retailer of the year. ...

Kroger Sales Soar, But Shares Drop  

CINCINNATI — Utilizing an unexpected tax benefit as cover for a heavy round of pricing investment drove robust quarterly sales for Kroger, but Wall Street disapproved. ...

Former H-E-B Executive Joins Restaurant Firm 

ATLANTA — Restaurant operator and franchisor Focus Brands, based here, said this week it has named Kelly Roddy president of its Schlotzsky’s sandwich chain. ...

Safeway Declines Comment on Small-Format Reports 

PLEASANTON, Calif. — Safeway here said yesterday it is always looking for "good, solid real-estate opportunities, and we recognize there are always a variety of shopping experiences that customers are looking for." However, a spokeswoman told SN the chain would not comment on reports it is seeking real estate in Northern California to accommodate a 20,000-square-foot store format. ...

Aldi Retains PR Firm, Sets Expansion 

BATAVIA, Ill. — Aldi here has retained MWW Group to lead a public relations effort as it steps up its expansion of discount stores into new markets, MWW said Monday....

A&P to Raise $380 Million in Debt Offering 

MONTVALE, N.J. — A&P here said it will raise $380 million through the sale of convertible notes to help pay for its recently completed acquisition of Pathmark....

Cheesewright Named CEO at Wal-Mart Canada 

MISSISSAUGUA, Ontario — Mario Pilozzi, president and chief executive officer of Wal-Mart Canada, will retire effective Jan. 31, the retailer here said Monday....

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