The announcement earlier this month to the effect that Safeway would seek to jettison the Chicago-based Dominick’s grocery chain it acquired so many years ago elicited the expected reaction from within the retail community: What took Safeway so long to acknowledge the error it made in acquiring Dominick’s in the first place? The announcement earlier
The long, sad decline of Sears Holdings Corp., and the two once formidable retailers that comprise it, the eponymous department store chain and discount store operator Kmart, continues unabated. The long, sad decline of Sears Holdings Corp., and the two once formidable retailers that comprise it, the eponymous department store chain and discount store operator
JACKSONVILLE, Fla. — The parent company of the BI-LO and Winn-Dixie supermarket chains has filed for a $500 million initial public offering (IPO). Citigroup, Credit Suisse and Deutsche Bank Securities are the lead underwriters on the offering. The parent company of the BI-LO and Winn-Dixie supermarket chains has filed for a $500 million initial public
CINCINNATI — Next year a new chief executive officer will be taking the helm at the nation’s biggest supermarket retailer. Next year a new chief executive officer will be taking the helm at the nation’s biggest supermarket retailer. Kroger Co. president and chief operating officer W. Rodney McMullen, 53, is slated to take the CEO
SUNBURY, Pa. — David Hepfinger has resigned as president and chief executive officer of Weis Markets Inc. He has left the company to pursue other interests. David Hepfinger has resigned as president and chief executive officer of Weis Markets Inc. He has left the company to pursue other interests. Vice chairman Jonathan Weis replaces Hepfinger
NEW YORK — Retailers shouldn’t have high hopes for holiday sales growth, which likely will be slim to moderate, according to two retail sales forecasts. Retailers shouldn’t have high hopes for holiday sales growth, which likely will be slim to moderate, according to two retail sales forecasts. Deloitte’s Retail & Distribution practice pegs November through
MINNEAPOLIS — Two new offerings from Target Corp. address areas where many consumers are apt to go online: baby products and digital video. Two new offerings from Target Corp. address areas where many consumers are apt to go online: baby products and digital video. At 10 Chicago-area stores, Target is piloting an enhanced baby care
BOULDER, Colo. — Publix Supermarket Inc.’s pharmacy operation is North America’s favorite, based on customer satisfaction according to a study of 3,600 consumers conducted by Market Force Information, a provider of customer intelligence solutions. Publix Supermarket Inc.’s pharmacy operation is North America’s favorite, based on customer satisfaction according to a study of 3,600 consumers conducted
MATTHEWS, N.C. — Family Dollar Stores Inc. has named Jeffrey Macak executive vice president, supply chain. He reports to Mike Bloom, president and chief operating officer. Family Dollar Stores Inc. has named Jeffrey Macak executive vice president, supply chain. He reports to Mike Bloom, president and chief operating officer. "With more than 25 years of
DEERFIELD, Ill. — Walgreen Co. is one of the latest additions on an expanding list of large employers that are attempting to control costs by having employees shop for health care coverage in a private marketplace. Walgreen Co. is one of the latest additions on an expanding list of large employers that are attempting to
WASHINGTON — The National Retail Association (NRA) has asked a federal judge to "right or reject" a proposed settlement of an antitrust lawsuit over credit card swipe fees. The National Retail Association (NRA) has asked a federal judge to "right or reject" a proposed settlement of an antitrust lawsuit over credit card swipe fees. NRF