August 8, 2013 by MMR
Issue 08-12-2013
DETROIT — Although the city may have declared bankruptcy recently, mass market retail has not given up on Detroit. Meijer Inc. has opened its 203rd supercenter here, its first in the city. Although the city may have declared bankruptcy recently, mass market retail has not given up on Detroit. Meijer Inc. has opened its 203rd
August 8, 2013 by MMR
Issue 08-12-2013
GRAND RAPIDS, Mich. — Spartan Stores Inc. and Nash Finch Co. have agreed to merge in an all-stock transaction valued at about $1.3 billion. Spartan Stores Inc. and Nash Finch Co. have agreed to merge in an all-stock transaction valued at about $1.3 billion. The boards of directors of both companies have unanimously approved the
August 8, 2013 by MMR
Issue 08-12-2013
MONTVALE, N.J. — A little over a year after emerging from bankruptcy protection, grocery chain A&P is apparently looking for a buyer. A little over a year after emerging from bankruptcy protection, grocery chain A&P is apparently looking for a buyer. According to The Wall Street Journal, in an internal memo sent to employees in
August 8, 2013 by MMR
Issue 08-12-2013
WASHINGTON — Walmart has abandoned plans for three stores here, following the city council’s passage of a measure that would require big retailers to pay starting wages 50% higher than the district’s minimum wage. Walmart has abandoned plans for three stores here, following the city council’s passage of a measure that would require big retailers
August 8, 2013 by MMR
Issue 08-12-2013
ABILENE, Kan. — ALCO Stores Inc. has agreed to merge with the private investment firm Argonne Capital Group LLC. ALCO Stores Inc. has agreed to merge with the private investment firm Argonne Capital Group LLC. A general merchandise retailer that operates 213 stores in small towns across 23 states, ALCO says the $47 million deal
August 8, 2013 by MMR
Issue 08-12-2013
BOULDER, Colo. — Trader Joe’s Co. is North America’s favorite grocery store based on customer satisfaction, according to a new survey conducted by Market Force Information. Trader Joe’s Co. is North America’s favorite grocery store based on customer satisfaction, according to a new survey conducted by Market Force Information. Publix Super Markets Inc. and Whole
August 8, 2013 by MMR
Issue 08-12-2013
CAMP HILL, Pa. — Rite Aid Corp. has launched its wellness65+ loyalty program for people over 65 with an integrated marketing campaign. Rite Aid Corp. has launched its wellness65+ loyalty program for people over 65 with an integrated marketing campaign. The marketing effort is built on Rite Aid’s promise to deliver personalized service that helps
August 8, 2013 by MMR
Issue 08-12-2013
EDEN PRAIRIE, Minn. — Bob Bly has stepped down as president of the Shoppers food and drug chain to pursue new opportunities. The Supervalu Inc. division will be led on an interim basis by vice president of merchandising Bob Gleeson and vice president of operations Micky Nye. Bob Bly has stepped down as president of
August 8, 2013 by MMR
Issue 08-12-2013, Opinion
In ways too numerous to mention, retailing is its own worst enemy. In ways too numerous to mention, retailing is its own worst enemy. How else to explain the fact that the most significant and most positive contributor to the U.S. economy is constantly in the news for its overreactions, the mistakes it makes, its
August 8, 2013 by MMR
Issue 08-12-2013, Opinion
The decision by Albertsons LLC and its component supermarket chains — Albertsons, Acme, Jewel-Osco, Shaw’s and Star Markets — to phase out loyalty cards revives the long-standing debate about the value of that particular marketing tool. The decision by Albertsons LLC and its component supermarket chains — Albertsons, Acme, Jewel-Osco, Shaw’s and Star Markets —
August 2, 2013 by MMR
Issue 08-12-2013, Issues