Ahold said Wednesday it plans to invest more heavily in the quality and merchandising of its fresh assortment, in employee training and in targeted price reductions in all of its U.S. divisions....More
SN readers tracked the ups and downs of retailers, reading articles on fast-growing retail chains, Supervalu's Rainbow acquisition and the resignation of Target CEO Gregg Steinhafel. Here are the most-viewed stories and galleries from SN's e-newsletters.
Roundy’s Supermarkets said Wednesday it will re-evaluate its corporate strategies and infrastructure once it completes its exit from the Minneapolis market — moves that could involve expanding Mariano’s to markets outside the Chicago area and possible divestitures of some of its core Milwaukee assets....More
Shares of Sprouts Farmers Market, The Fresh Market and other specialty grocers tumbled Wednesday following a weaker-than-expected earnings report from Whole Foods Market, which some saw as a sign of increasing competition in the natural and organic space....More
Several industry analysts seemed to express skepticism Tuesday about optimistic expectations by Whole Foods Market in the face of increasing competition and lowered guidance for the balance of the fiscal year....More
Costs associated with the acquisition of the Shoppers Drug Mart chain triggered a 39.8% decline in quarterly net earnings, while sales inched up moderately amid intense competition, Loblaw Cos. said Wednesday....More
Safeway said Wednesday it expects to pass through most of the inflation it is experiencing during the second quarter after seeing first-quarter income come in “slightly below plan,” partly as a result of not passing along inflation in produce, meat and pharmacy for competitive reasons....More