BELLINGHAM, Wash. – Haggen Inc. is selling its remaining stores, completing a downward spiral precipitated by its acquisition last December of 146 Albertsons supermarkets. The retailer has received bankruptcy court approval to auction off its 33 core stores in Washington and Oregon on February 5. “The Haggen group of core stores is well run with
MEDFORD, Mass. – Continuing its rapid expansion in Massachusetts, Wegmans Food Markets Inc. will debut in this Boston suburb. The chain’s supermarket here, in a mall undergoing a renovation, will likely be its sixth in the state. Wegmans’ most recent opening in the Bay State came in October in Westwood. The stores’ offerings include premium
HOFFMAN ESTATES, Ill. – Sears Holdings Corp. reported a narrower quarterly loss this month on fewer onetime expenses, but sales sank 20%, depressed by store closings and soft clothing and consumer electronics volume. The company posted a net loss of $454 million for its third quarter ended October 31, down from $548 million a year
BENTONVILLE, Ark. – Walmart earlier this month introduced Walmart Pay, a mobile payment system that permits shoppers at Walmart stores to pay for merchandise with their smartphones. “Walmart Pay is the latest example, and a powerful addition, of how we are transforming the shopping experience by seamlessly connecting online, mobile and stores for the 140
MINNEAPOLIS – Target Corp. will pay $39.4 million to settle claims by banks and credit unions that said they lost money due to Target’s data breach in 2013. Filed earlier this month, the settlement ends class-action claims by lenders seeking to hold Target responsible for money it had to pay out in reimbursements for fraudulent
STELLARTON, Nova Scotia – Sobeys introduced its new extra banner to customers in Atlantic Canada last month with the grand reopening of the Tantallon, Nova Scotia, location. The store underwent significant renovations throughout the past several months that included upgrades and additions in every department to ensure it met the Sobeys extra designation. “The opening
MINNEAPOLIS – Supervalu Inc. has named Eric Claus chief executive officer of its Save-A-Lot hard discount grocery chain. He is expected to start in that role on or before January 4. Ritchie Casteel, who has been serving as president and CEO of Save-A-Lot, will continue to serve as president, reporting to Claus. Casteel will continue
The reshuffling of the retail landscape is proceeding, indeed accelerating, at a pace undreamed of as recently as five years ago. This is not a reordering of companies or priorities or strategies. It is a reordering of people. Most recently, Michael Francis, the legendary retail marketer, has signed on at Walmart, as the world’s largest
Target still has the knack for bringing excitement to the shopping experience. The company that carved out a distinct identity among mass market retailers as the upscale discounter, with a unique ability to get out ahead of trends, is reimagining holiday shopping at a pop-up store in New York City. Billed by the company as
Editor’s note: This article is the last in a three-part series. With initial deadlines for the first two major FSMA (Food Safety Modernization Act) regulations just passing, it’s the right time to consider what happens next with food safety in America. Editor’s note: This article is the last in a three-part series. With initial deadlines
Editor’s note: This article is the second in a three-part series. The Food Safety Modernization Act (FSMA) has kept the grocery supply chain buzzing about food safety during the past year, and it will continue to do so in the future as the regulations are released. Editor’s note: This article is the second in a
Editor’s note: This article is the first in a three-part series. We have increasingly seen food safety issues negatively impacting marketers, growers, processors and manufacturers of food products in recent years, from the Peanut Corporation of America’s (PCA’s) salmonella outbreak in 2008 to the Jensen Farms listeria outbreak in 2011. Editor’s note: This article is