The largest supermarket operators cut back on their capital spending as sales declined in the recent economic downturn, and are unlikely to increase spending unless both sales and profitability improve. That was the...
SPRINGFIELD, Mass. — Big Y Foods here said last week it would eliminate self-checkouts in all of its stores by the end of the year, following a similar move by Boise, Idaho-based Albertsons LLC. Big Y, which...
MEMPHIS, Tenn. — Kroger Co. will expand its dominance of this market with the planned acquisition of several Schnuck Markets stores here, as that company exits the region after a nine-year run. Cincinnati-based...
PROVIDENCE, R.I. — Strong sales trends of natural, organic and specialty product, particularly through independent retailers, helped drive the top line at United Natural Foods Inc. here in the fourth fiscal...
WILLAMSVILLE, N.Y. Tops Holding Corp. here, parent of the Tops Friendly Markets chain, last week reported net income of $293,000 for the second quarter, vs. a loss of $8.9 million a year ago as the company cycled the...
Most food retailers rebounded quickly last week from Hurricane Irene after it tore up the Eastern Seaboard, flooding towns from North Carolina to Vermont and taking more than 40 lives. Hundreds of supermarkets were...
GREENSBORO, N.C. The ability to pass along inflation and drive bigger baskets while controlling costs helped The Fresh Market here post its seventh consecutive quarter of 4%-plus comparable-store sales last week. The...