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Issue 05-16-2011

Supers adapt to shopper needs

DALLAS — Although the state of the economy on the national and local level is the top concern of the food retail industry, supermarkets are emphasizing private brands to offset the negative effects of the volatile situation, according to data presented by the Food Marketing Institute. Although the state of the economy on the national

Save-A-Lot gets new chief exec

MINNEAPOLIS — Supervalu Inc. has named Santiago Roces president and chief executive officer of its growing Save-A-Lot limited-assortment discount grocery chain. Supervalu Inc. has named Santiago Roces president and chief executive officer of its growing Save-A-Lot limited-assortment discount grocery chain. Formerly senior vice president and general manager of Walmart’s small format division, Roces succeeds Bill

NACDS raises the bar with value proposition

SCOTTSDALE, Ariz. — The National Association of Chain Drug Stores has created a higher standard of value for its members, executives said at the NACDS Annual Meeting here last month. The National Association of Chain Drug Stores has created a higher standard of value for its members, executives said at the NACDS Annual Meeting here

Walmart embarks on multichannel mission for growth

BENTONVILLE, Ark. — Walmart management has described its plans for future growth both here and abroad with great clarity over the past several months. Walmart management has described its plans for future growth both here and abroad with great clarity over the past several months. The strategy centers on heightened investment in growth markets overseas,

Shift of holiday gives April retail sales a lift

NEW YORK — A late Easter boosted April sales, but analysts warned that high gas prices could dissuade spending in the near term. A late Easter boosted April sales, but analysts warned that high gas prices could dissuade spending in the near term. "The impact of rising fuel prices will become more obvious in the

Carrefour Planet gets go-ahead

PARIS — Carrefour SA has begun the rollout of its new hypermarket format, Carrefour Planet. Carrefour SA has begun the rollout of its new hypermarket format, Carrefour Planet. The launch began last month with an edited version of the format that debuted in Mons, Belgium, followed by openings this month in four locations in France:

Tesco earnings rise 14.1% for the year

LONDON — Tesco PLC posted a 14.1% gain in full-year net profits as hefty growth in parts of Asia offset more modest results in the United Kingdom and losses in the United States and China. Tesco PLC posted a 14.1% gain in full-year net profits as hefty growth in parts of Asia offset more modest

FMI aims to extend retail base

In an effort to extend its retail base, the Food Marketing Institute has set out to attract as members such nonfood retailers as Walgreens, CVS, Dollar General and Family Dollar. In an effort to extend its retail base, the Food Marketing Institute has set out to attract as members such nonfood retailers as Walgreens, CVS,

Retailers have to cope with uncertain world

Results of a new survey that involved 152 financial managers at global retailers offer reason to think the worst effects of the Great Recession are past, and that the industry will deliver improved results as the year unfolds. Results of a new survey that involved 152 financial managers at global retailers offer reason to think