Retail Financial Archive

Safeway Workers Approve New Pact 

PLEASANTON, Calif. — Employees at Northern California Safeway stores approved a new contract last week, according to the United Food and Commercial Workers union. ...

WIC-Only Stores Close in Kansas 

KANSAS CITY, Kan. — The owner of three grocery stores that specialized in offering only products approved for sale through the U.S. Department of Agriculture's Women, Infants and Children (WIC) program here has closed all three locations, citing price competition from larger retailers, according to reports. ...

Harris Teeter Parent Inks New $450 Million Credit Pact 

MATTHEWS, N.C. — Ruddick Corp. here, the parent of the Harris Teeter supermarket chain, yesterday said it has entered a new, $450 million credit agreement with a consortium of banks....

Amazon Posts Best Holiday Season 

SEATTLE — Amazon.com here said this year’s holiday season was its best ever in terms of sales, with the busiest day being Dec. 10....

Fresh & Easy to Recycle Holiday Cheer 

EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here is collecting used holiday cards as part of its new recycling program....

Target Forecast Sinks Retail Stocks 

MINNEAPOLIS — Target Corp. here issued a statement this week saying that its December same-store sales could be down as much as 1% from year-ago levels, compounding what was already projected to be a season of sluggish growth for retailers. ...

FreshDirect Workers Reject Unions 

NEW YORK — FreshDirect workers voted against joining a union, but the United Food and Commercial Workers will renew its push to organize the online grocer in the new year, according to reports. ...

Holiday Spending Down: Reports 

Retailers’ sales rose just 2.4%, excluding gasoline, during the period between Thanksgiving and New Year’s, according to a report released this week by SpendingPulse, which uses data from MasterCard Advisors. ...

Giant Eagle Refunds Double-Billed Shoppers 

PITTSBURGH — Giant Eagle here said the majority of the several thousand customers whose credit and debit cards were double charged on Dec. 14 due to a malfunctioning third-party point-of-sale processor were fully refunded last week. ...

Settlement ‘Promising’ in A&P Video Case 

MONTVALE, N.J. — The former A&P employees whose parody music video shot at a store got them fired and later sued are close to settling the case with the retailer here, according to one of the defendants. ...

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