March 25, 2014 by MMR
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GOODLETTSVILLE, Tenn. — Dollar General Corp., which in recent years aggressively relocated underperforming stores, plans this year to invest in freshening up smaller locations and trimming the number of items on offer. Dollar General Corp., which in recent years aggressively relocated underperforming stores, plans this year to invest in freshening up smaller locations and trimming
March 25, 2014 by MMR
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MINNEAPOLIS — Target Corp. continues to expand the list of risks it faces from last year’s cyber theft of customer data. Target Corp. continues to expand the list of risks it faces from last year’s cyber theft of customer data. Officials say the company’s own investigation may identify more stolen data, a prospect that "could
March 25, 2014 by MMR
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EDEN PRAIRIE, Minn. — In a bid to trim operating costs further, Supervalu Inc. is streamlining its wholesale grocery operations, combining three regions into two, the company said on March 20. In a bid to trim operating costs further, Supervalu Inc. is streamlining its wholesale grocery operations, combining three regions into two, the company said
March 25, 2014 by MMR
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NEW YORK — U.S. retail sales rose slightly more than expected in February, demonstrating the economy’s underlying strength after cold weather suppressed sales earlier in the winter. U.S. retail sales rose slightly more than expected in February, demonstrating the economy’s underlying strength after cold weather suppressed sales earlier in the winter. According to the National
March 25, 2014 by MMR
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WASHINGTON — A U.S. appeals court validated the Federal Reserve’s rule capping debit card swipe fees at 21 cents, which retailers consider to be too high. A U.S. appeals court validated the Federal Reserve’s rule capping debit card swipe fees at 21 cents, which retailers consider to be too high. The National Retail Federation (NRF)
March 24, 2014 by MMR
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BRAMPTON, Ontario — Loblaw Cos. has gained approval from Canada’s competition watchdog for its $12.4 billion (Canadian) acquisition of Shoppers Drug Mart Corp. (SDM). Loblaw Cos. has gained approval from Canada’s competition watchdog for its $12.4 billion (Canadian) acquisition of Shoppers Drug Mart Corp. (SDM). The merger unites Canada’s largest grocer with its biggest pharmacy
March 10, 2014 by MMR
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BENTONVILLE, Ark. — Walmart is doubling the size of its rollout of small-format stores this year — adding between 270 and 300 stores in the United States, up from an earlier target of between 120 and 150 stores — in a mix that includes Neighborhood Markets and Walmart Express stores. Walmart is doubling the size
March 10, 2014 by MMR
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BENTONVILLE, Ark. — Sam’s Club has named David Badeen vice president of health care. He is responsible for pharmacy (including third-party contracting and pricing) and over-the-counter drugs at Walmart’s membership warehouse club division. Sam’s Club has named David Badeen vice president of health care. He is responsible for pharmacy (including third-party contracting and pricing) and
March 10, 2014 by MMR
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MINNEAPOLIS — Target Corp.’s fourth quarter results took a beating from the data breach that hit the company during the holiday shopping season. Target Corp.’s fourth quarter results took a beating from the data breach that hit the company during the holiday shopping season. Total revenues in the quarter fell 5.3%, and comparable-store sales fell
March 10, 2014 by MMR
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CINCINNATI — Kroger Co. has appointed Dennis Gibson president of its QFC division. Kroger Co. has appointed Dennis Gibson president of its QFC division. He succeeds Joe Fey, who was named president of Kroger’s Mid-Atlantic division in January. The 58-year-old Gibson had been serving as vice president of merchandising in Kroger’s Columbus division. "Dennis’s experience
March 10, 2014 by MMR
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CHARLOTTE, N.C. — Publix Super Markets Inc. has opened its first supermarket in North Carolina. The 56,000-square-foot store is located in Ballantyne, N.C., which is on the outskirts of Charlotte. Publix Super Markets Inc. has opened its first supermarket in North Carolina. The 56,000-square-foot store is located in Ballantyne, N.C., which is on the outskirts
March 10, 2014 by MMR
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CARLISLE, Pa. — Ahold USA has hired Tom Lenkevich as president of its Giant/Martin’s division, which operates nearly 200 supermarkets under the Giant Food Stores and Martin’s Food Markets banners in Pennsylvania, Maryland, Virginia and West Virginia. Ahold USA has hired Tom Lenkevich as president of its Giant/Martin’s division, which operates nearly 200 supermarkets under