ZAANDAM, Netherlands -- Ahold here said it would triple the number of remodels at its Stop & Shop and Giant-Landover chains this year as it seeks to regain sales momentum at the recently combined banners.In a...
The traditional supermarket industry is recycling itself.Supermarket companies are shifting their investments away from new-store openings and into remodels, and store-count growth among the largest traditional food...
AUSTIN, Texas -- Whole Foods Market's employees will still have plenty to celebrate on July 4, analysts said, despite the fact that the company will have to make some changes in the way it compensates its workers by...
NEW YORK -- After the three largest supermarket companies reported mediocre results for 2004 and weak outlooks for 2005, Standard & Poor's here last week said it was considering downgrading its ratings for the debt of...
DENVER -- Union workers at Kroger-owned King Soopers and City Market stores in Colorado have approved a new labor contract that reduces pay and benefits for employees, a spokesman for the workers said last week.The...
Retailers have been hit with a rent increase.It's not their landlords that are sticking them with it, however, but their accountants. After years of skirting the rules about how to report leasehold depreciation and...
BOULDER, Colo. -- Wild Oats Markets here last week said it is pursuing several initiatives to reverse losses posted in the fiscal fourth quarter and year ended Jan. 1.The natural/organic retailer said it was expanding...
MINNEAPOLIS -- Nash Finch here said last week it has agreed to acquire two Midwest distribution centers and their associated wholesale business from Roundy's, Milwaukee, for about $225 million.The purchase also...
GRAND RAPIDS, Mich. -- An institutional investor in Spartan Stores here said in a filing with the Securities and Exchange Commission that it wants the wholesaler/retailer to put itself on the auction block."In our...
PITTSBURGH -- If anyone appreciates the hand-in-hand relationship shared by retailers and manufacturers, it's Laura Karet.The executive vice president of sales at Giant Eagle here, Karet spent much of her career in...