Delhaize Group here said last week that it took an impairment charge of $18.6 million for the value of 25 Sweetbay stores, indicating those locations are not meeting financial projections. Delhaize last year completed...
BJ's Wholesale Club last week reported a sharp rise in fourth-quarter net income, citing strong sales of high-margin items such as perishables. The company joined fellow club store operator Costco Wholesale, which...
NEW YORK — On the anniversary of being named chief executive officer of Spartan Stores five years ago, Craig Sturken, who is also chairman, rang the opening bell at the Nasdaq stock exchange here last week...
Nash Finch Co. last week said it is in a good position to make acquisitions in the distribution side of the business and that it would continue to eye small, fill-in opportunities on the retail side like the recent...
United Natural Foods here said it has struggled with the integration of Millbrook Distribution, the specialty-foods purveyor it acquired last year. In a conference call with analysts discussing its second fiscal...
Wal-Mart Stores last week said it believes it is raising its retail grocery prices less than its competitors to cope with inflation. In a conference call discussing earnings for the fiscal fourth quarter and year that...
GOODLETTSVILLE, Tenn. The high-speed race of dollar-store expansion has stalled somewhat, but Dollar General, based here, has found what it hopes will be a fresh spark plug for its engine. Richard Dreiling, a longtime...
Discount retailers said that the economic-stimulus package signed into law last week by President Bush should promote more spending in their stores. The $152 billion stimulus package includes both tax rebates for...
Sharing detailed information with employees about the performance of the business they work for is an important empowerment tool, Joseph Colalillo, chairman and chief executive officer, Wakefern Food Corp., told...
For even longer than Kroger has employed its customer first strategy, it has printed the following sentence on each of its employee paychecks: A satisfied customer made this paycheck possible. After a century and a...