MONTVALE, N.J. — In its latest executive suite shuffle, A&P has named Sam Martin president and chief executive officer, replacing Ron Marshall, who had held the positions for just over six months. In its latest executive suite shuffle, A&P has named Sam Martin president and chief executive officer, replacing Ron Marshall, who had held the
NEW YORK — Joe Magnacca has been promoted to president of greater New York drug chain Duane Reade. He formerly was executive vice president and chief merchandising officer. Joe Magnacca has been promoted to president of greater New York drug chain Duane Reade. He formerly was executive vice president and chief merchandising officer. A retailing
NEW YORK — After tantalizing Manhattanites for years with temporary pop-up stores, Target Corp. has opened its first store in Manhattan. The 174,000-square-foot outlet represents the single-largest store investment in the retailer’s history. After tantalizing Manhattanites for years with temporary pop-up stores, Target Corp. has opened its first store in Manhattan. The 174,000-square-foot outlet represents
WASHINGTON — Retail industry trade groups hailed the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which contains significant reform of credit and debit card swipe fees. The bill was signed into law by President Obama on July 21. Retail industry trade groups hailed the enactment of the Dodd-Frank Wall Street Reform
PLEASANTON, Calif. — Safeway Inc. reported a 41% drop in net earnings for its second fiscal quarter as sales stalled. The company has revised its full-year earnings projection downward. Safeway Inc. reported a 41% drop in net earnings for its second fiscal quarter as sales stalled. The company has revised its full-year earnings projection downward.
SALISBURY, N.C. — Bottom Dollar Food, a division of Delhaize America Inc., plans to open 15 to 20 stores by the end of this year in the greater Philadelphia market. Bottom Dollar Food, a division of Delhaize America Inc., plans to open 15 to 20 stores by the end of this year in the greater
HOUSTON — Save-A-Lot, the discount grocery division of Supervalu Inc., has joined forces with Rafael Ortega, a prominent Hispanic grocery operator in Texas, to form Adventure Supermarkets LLC. Save-A-Lot, the discount grocery division of Supervalu Inc., has joined forces with Rafael Ortega, a prominent Hispanic grocery operator in Texas, to form Adventure Supermarkets LLC. The
The reconstructed, reconfigured, rechristened and, it is hoped, reinvigorated global retail group previously known as CIES — The Food Business Forum — held its first serious meeting last month, a three-day Summit in London designed to bring together the world’s most important mass retailers and suppliers. The reconstructed, reconfigured, rechristened and, it is hoped, reinvigorated
One of the characteristics that distinguishes the elite retailers from the also-rans is the ability to recognize an opportunity and turn it to advantage. One of the characteristics that distinguishes the elite retailers from the also-rans is the ability to recognize an opportunity and turn it to advantage. Loblaw Cos., Canada’s No. 1 supermarket and