Retail & Financial

Moody's Upgrades Smart & Final Ratings

Fri, 25 May 2012 18:39:00 +0000

NEW YORK — Moody's Investors Service here said Friday it was upgrading the ratings of Smart & Final Holdings Corp., Los Angeles, with a positive outlook.

Costco Sees Openings Increasing

Fri, 25 May 2012 16:58:00 +0000

ISSAQUAH, Wash. — Costco Wholesale Corp. here anticipates becoming slightly more aggressive on the number of domestic warehouse openings under its new chief executive officer, a company executive said Thursday.

Beckers: Economy Complicating Transition

Fri, 25 May 2012 16:49:00 +0000

BRUSSELS — Executing its “New Game Plan” initiatives in a time of economic uncertainly has put Delhaize in “uncomfortable” position for the short term, Pierre-Oliver Beckers, Delhaize’s chief executive officer, told shareholders at the retailer’s annual meeting here Friday.

Whole Foods Names Regional Presidents

Fri, 25 May 2012 15:32:00 +0000

AUSTIN, Texas — Whole Foods Market has named Scott Allshouse, Omar Gaye and Rob Twyman regional presidents following the promotion of David Lannon and Kenneth Meyer to executive vice presidents of operations.

Price Chopper Honors Vets

Fri, 25 May 2012 14:44:00 +0000

SCHENECTADY, N.Y. — Price Chopper Supermarkets is recognizing war veterans in several ways this Memorial Day.

Burd Apologizes to Clinton, Pelosi

Thu, 24 May 2012 20:57:00 +0000

PLEASANTON, Calif. —Steve Burd, chairman and chief executive officer of Safeway here, has sent a letter of apology to Secretary of State Hillary Clinton and former Speaker of the House Nancy Pelosi for a joke the chain's general counsel made at last week's annual meeting, according to published reports.

Giant Eagle Opens 2nd Express Store

Thu, 24 May 2012 18:38:00 +0000

PITTSBURGH — Giant Eagle on Thursday opened a Giant Eagle Express store in Indiana, Pa., only the second such store since introducing the concept in 2007.

IGA Golf Tournament to Benefit Wounded Warriors

Thu, 24 May 2012 17:55:00 +0000

CHICAGO — IGA here said it plans to host a golf tournament to raise funds for the Wounded Warriors Project.

City Denies Wal-Mart Permits for Neighborhood Market

Thu, 24 May 2012 15:56:00 +0000

HAYWARD, Calif. — The city council here voted Wednesday to deny Wal-Mart the permits necessary to build a Neighborhood Market in this Northern California city.

Save-A-Lot Opens in Underserved Atlantic City

Wed, 23 May 2012 20:59:00 +0000

ST. LOUIS – Save-A-Lot, a subsidiary of Supervalu, has opened its first store in Atlantic City, N.J., the first full-service grocery store within a 21-mile radius of the city.