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Issue 08-23-2010

Delhaize retrenches

BRUSSELS — Disappointing second quarter results at its Food Lion operations have prompted Delhaize Group to lower its full-year profit projection and scale back its store expansion plans. Disappointing second quarter results at its Food Lion operations have prompted Delhaize Group to lower its full-year profit projection and scale back its store expansion plans. Management

Retail sales remain disappointing in July

NEW YORK — Retailers generally posted lackluster same-store sales increases in July, as continued worries about the economy caused many consumers to put the brakes on discretionary spending. Retailers generally posted lackluster same-store sales increases in July, as continued worries about the economy caused many consumers to put the brakes on discretionary spending. Kantar Retail

Winn-Dixie cuts back in deteriorating climate

JACKSONVILLE, Fla. — Winn-Dixie Stores Inc. will close 30 underperforming stores and consolidate its four operating regions into three. The company also reaffirmed its earnings guidance for fiscal 2010 despite what it described as a deteriorating sales environment. Winn-Dixie Stores Inc. will close 30 underperforming stores and consolidate its four operating regions into three. The

Walgreens an oasis in food desert

CHICAGO — Walgreen Co. is attempting to alleviate the problem of Chicago’s food deserts by revamping stores to offer expanded food assortments. Walgreen Co. is attempting to alleviate the problem of Chicago’s food deserts by revamping stores to offer expanded food assortments. The drug chain has redesigned six stores and has another four in progress

Whole Foods gears up for rapid store growth

AUSTIN, Texas — Whole Foods Market Inc. has unveiled aggressive expansion plans for 2011 and 2012. Whole Foods Market Inc. has unveiled aggressive expansion plans for 2011 and 2012. The natural and organic supermarket chain presently has 17 store openings planned for fiscal 2011 and 19 slated for fiscal 2012, up from 15 in the

RadioShack inks deal with Target

FORT WORTH — Target Corp. and RadioShack Corp. are rolling out a wireless electronics kiosk program after testing the initiative in 100 Target outlets. Target Corp. and RadioShack Corp. are rolling out a wireless electronics kiosk program after testing the initiative in 100 Target outlets. The kiosks, which are branded “Bullseye Mobile” and not RadioShack,

Wahlstrom returns to Stop & Shop

WEST BRIDGEWATER, Mass. — Supervalu Inc. has named Larry Wahlstrom president of Shaw’s Supermarkets after a one-year retirement. Supervalu Inc. has named Larry Wahlstrom president of Shaw’s Supermarkets after a one-year retirement. He replaces Mike Witynski, who had succeeded Wahlstrom, and who has left the company. Wahlstrom was initially named president of Shaw’s in September

Simon’s what Walmart needed

It’s been a while since a personnel change in the retail community has had the initial, and initially positive, impact that the elevation of Bill Simon to president and chief executive officer of Walmart U.S. has exerted on both the retailer’s workforce and the mass retail community. It’s been a while since a personnel change

Drug chains pursue new urban strategy

Amid much fanfare, Walgreen Co. earlier this month opened a store featuring an expanded assortment of products usually associated with supermarkets in a so-called food desert on the South Side of Chicago. Amid much fanfare, Walgreen Co. earlier this month opened a store featuring an expanded assortment of products usually associated with supermarkets in a