NEW YORK — Executives at Kroger Co. told investors here earlier this month that the supermarket giant has a clear plan for long-term growth. Executives at Kroger Co. told investors here earlier this month that the supermarket giant has a clear plan for long-term growth. Building on strong momentum from its proven Customer 1st strategy,
ROGERS, Ark. — Walmart’s business is building momentum and delivering strong financial results, executives said at the company’s annual meeting with investors here earlier this month. Walmart’s business is building momentum and delivering strong financial results, executives said at the company’s annual meeting with investors here earlier this month. "Walmart is strong, and we are
MINNEAPOLIS — Supervalu Inc., which reported a loss of $111 million in its second fiscal quarter, says it is in active discussions with interested parties about options that could include the sale of all or part of the company. Supervalu Inc., which reported a loss of $111 million in its second fiscal quarter, says it
ARLINGTON, Va. — The Food Marketing Institute (FMI) has once again acted on its conviction that supermarkets are the natural place for consumers to benefit from the synergies between nutrition and health care. The Food Marketing Institute (FMI) has once again acted on its conviction that supermarkets are the natural place for consumers to benefit
MINNEAPOLIS — Struggling supermarket operator and grocery wholesaler Supervalu Inc. posted a second quarter net loss of $111 million, or 52 cents per diluted share, as net sales declined 4.6% to $8.04 billion. Struggling supermarket operator and grocery wholesaler Supervalu Inc. posted a second quarter net loss of $111 million, or 52 cents per diluted
MINNEAPOLIS — Struggling supermarket operator and grocery wholesaler Supervalu Inc. posted a second quarter net loss of $111 million, or 52 cents per diluted share, as net sales declined 4.6% to $8.04 billion. Struggling supermarket operator and grocery wholesaler Supervalu Inc. posted a second quarter net loss of $111 million, or 52 cents per diluted
NEW YORK — With consumer preferences helping to affect where and how people shop for food, beverages, personal goods and household goods, dollar stores are becoming increasingly important for suppliers, a new report from Deloitte Research says. With consumer preferences helping to affect where and how people shop for food, beverages, personal goods and household
MINNEAPOLIS — After announcing a restructuring of senior leadership in late summer, Supervalu Inc. has promoted a pair of executives to fill vacancies that recently opened up in two key positions. After announcing a restructuring of senior leadership in late summer, Supervalu Inc. has promoted a pair of executives to fill vacancies that recently opened
MINNEAPOLIS — Target Corp. has agreed to sell its entire consumer credit card portfolio to TD Bank Group (Toronto Dominion Bank) for an amount equal to the gross value of receivables outstanding at the time of closing. The portfolio currently has a gross value of about $5.9 billion, according to Target. Target Corp. has agreed
MINNEAPOLIS — Target Corp. has agreed to sell its entire consumer credit card portfolio to TD Bank Group (Toronto Dominion Bank) for an amount equal to the gross value of receivables outstanding at the time of closing. The portfolio currently has a gross value of about $5.9 billion, according to Target. Target Corp. has agreed
CHICAGO — According to a Reuters report, a proposed class-action lawsuit has been filed in federal court here accusing Walmart and two staffing agencies of violating minimum wage and overtime laws. According to a Reuters report, a proposed class-action lawsuit has been filed in federal court here accusing Walmart and two staffing agencies of violating
CHICAGO — According to a Reuters report, a proposed class-action lawsuit has been filed in federal court here accusing Walmart and two staffing agencies of violating minimum wage and overtime laws. According to a Reuters report, a proposed class-action lawsuit has been filed in federal court here accusing Walmart and two staffing agencies of violating