Ingles Markets said a decrease in restaurant dining helped drive sales gains of 13.1% in its fiscal third quarter. Comparable-store sales rose 7.1% when adjusted for the early Easter this year and excluding gasoline...
A three-judge panel of the U.S. District Court of Appeals in Washington last week found that a lower court erred in allowing Whole Foods to acquire Wild Oats last year, an unusual move that could force Whole Foods to...
Whole Foods Market has changed the name of one of its blogs to The Whole Deal after Stop & Shop filed a lawsuit against the company for using the slogan The Real Deal. In the lawsuit, filed on behalf of both Stop &...
Beth Newlands Campbell, executive vice president at Hannaford Bros., was recently digging through some meeting notes from the early leadership of the 125-year-old company. What she found, she said, was that while the...
Ahold's Stop & Shop and Giant-Landover chains are rolling out a series of changes that go beyond the price and selection adjustments that have been a part of Ahold's Value Improvement Program. Included are new...
A flurry of sales and earnings forecast revisions by food retailers during the last 10 days slammed industry stocks and raised more questions about how the inflationary environment is altering consumers' shopping...
Nash Finch last week said it saw a few bright spots in its retail operations, despite posting negative comparable-store sales and a decline in retail EBITDA for its second quarter. Alec Covington, president and chief...
The House Judiciary Committee last week approved the Credit Card Fair Fee Act of 2008, a bill that would require merchants and credit card companies to negotiate transaction fees. The move sets the stage for a...
Discount retailers last week said they received a boost from consumers spending their economic stimulus checks, as the segment continued to show sharp sales gains in the weak economy. Wal-Mart Stores, for example...
When it came to trading down, investors followed consumers in the first half of 2008. In a dismal six-month span that saw both the Dow Jones Industrial Average and the S&P 500 Index decline at a double-digit pace...