Costco Wholesale yesterday posted negative comparable-store sales for October — the first time the retailer has ever done so, according to some observers — as retailers overall had their worst single month...
Whole Foods Market is seeking to garner support for its opposition to a proposed Federal Trade Commission regulation that would set a five-month time frame for the evidentiary hearing from the date of the complaint in...
Jim Denges is pretty optimistic these days. The chief executive officer of Central Grocers, one of the nation's largest cooperative wholesalers, just saw his company complete the best year in its history, and he's...
Spartan Stores last week agreed to acquire the 17-store VG's Food and Pharmacy chain, considered one of the premier independent operators in Michigan. The $85 million, all-cash purchase is expected to close by the end...
Kroger Co. is better prepared than some supermarket operators to weather the ongoing economic slump, the company's chief executive officer said at a meeting for analysts here last week. Kroger's been in a really good...
Supervalu said last week that although it was making some progress in stemming sales erosion, its outlook for the rest of the year has been dimmed by the weak consumer and its own marketing mistakes. We all know it is...
Among the keys to Kroger Co.'s success has been its expertise at data analytics. The company formed a joint venture with British data-analysis firm Dunnhumby in 2003, called Dunnhumby USA, which uses Kroger's loyalty...
Kroger Co. was the first major supermarket chain to reopen here following the devastation of this coastal town by Hurricane Ike last month. The company's response in getting the store open within four days of the...
After a five-month search, Food Marketing Institute has selected longtime food-association veteran Leslie G. Sarasin as its new president and chief executive officer. FMI had announced in April that Tim Hammonds, who...
Only a handful of companies might have actually seen the current economic downturn coming, and Kroger Co. wasn't one of them. Its 6-year-old strategy of lowering prices and cutting costs, which has driven an industry...