Content about Grocery store

March 18, 2013

Dutch supermarket operator Royal Ahold has repurchased nearly 1 million shares as part of its $647.3 million share-buyback program, the company said.

AMSTERDAM — Dutch supermarket operator Royal Ahold has repurchased nearly 1 million shares as part of its $647.3 million share-buyback program, the company said Monday.

Ahold said the 960,596 shares were repurchased at an average price of $14.91, for a total of $14.33 million.

The company announced the share-buyback program in late February. Ahold operates the Stop & Shop, Giant-Carlisle and Giant-Landover supermarket banners and the Peapod online grocery service in the United States.

 

March 11, 2013

Ahold is buying back about $650 million worth of shares, with plans to finalize the deal within 12 months, the Dutch retail company said.

AMSTERDAM — Ahold is buying back about $650 million worth of shares, with plans to finalize the deal within 12 months, the Dutch retail company said Monday.

Ahold — which operates the Stop & Shop, Giant-Carlisle and Giant-Landover supermarket banners and the Peapod online grocery service in the United States through its Ahold USA subsidiary — said the purpose of the share-buyback program was to return value to shareholders.

March 5, 2013

While Publix has been tied to rumors it may put in a bid for Harris Teeter, local daily The Ledger on Monday reported that Publix isn't at all interested.

LAKELAND, Fla. — While Publix has been tied to rumors it may put in a bid for Harris Teeter, local daily The Ledger on Monday reported that Publix isn't at all interested

Publix is in the midst of its first expansion into North Carolina, with plans to open two stores in the Charlotte area in 2014.

Officials with Harris Teeter recently confirmed that the 208-store chain will consider offers from potential buyers.

March 4, 2013

Supervalu announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC).

MINNEAPOLIS — Supervalu on Monday morning announced several changes to its executive and banner retail leadership teams, as it continues preparations to move forward with a focus on serving wholesale grocery operators, growing its hard discount format and running a smaller, more efficient retail operation following the close of its previously announced transaction with AB Acquisition (Albertson's LLC). 

March 1, 2013

Publix may join Royal Ahold later this month in making a bid for the more than 200 Harris Teeter supermarkets, according to a report published Friday by Bloomberg, citing people with knowledge of the situation.

NEW YORK — Publix may join Royal Ahold later this month in making a bid for the more than 200 Harris Teeter supermarkets, according to a report published Friday by Bloomberg, citing people with knowledge of the situation. 

Virginia and North Carolina would represent new markets for Publix if the Florida-based grocer acquired Harris Teeter. Publix has already marked North Carolina for expansion with plans to open two stores in the state in 2014. 

March 1, 2013

Supermarket chain Giant Food of Landover, Md., will focus on the employment of transitioning veterans and their family members as it designates March as its "Military Appreciation Month," the Ahold USA banner said last week.

LANDOVER, Md. — Supermarket chain Giant Food of Landover, Md., will focus on the employment of transitioning veterans and their family members as it designates March as its Military Appreciation Month, the Ahold USA banner said Friday.

Giant-Landover will work with the USO of Metropolitan Washington and USO Delaware for a third year, sponsoring an in-store giving campaign that will support programs from both across the Mid-Atlantic region.

March 1, 2013

Sears Holdings is adding some of its own fare to its mygofer.com offering, an online grocery service that "turbo-charges brick-and-mortar retailer assortments by allowing customers to get items from those stores where and when they want them in new, convenient ways."

"At mygofer, your list is our command," Sears tells shoppers on its website. "Shop with us for your prescriptions, groceries, beauty products, clothes, shoes, electronics and a whole lot more you might not expect. So whatever's on your list, we can help you get it — with incredible speed and no hassles. That's convenience."

Sears Holdings is adding some of its own fare to its mygofer.com offering, an online grocery service that "turbo-charges brick-and-mortar retailer assortments by allowing customers to get items from those stores where and when they want them in new, convenient ways." 

February 28, 2013

Keeping stores open during Hurricane Sandy was one of the factors that contributed to an increase in total store sales and comps in the fourth quarter and fiscal year 2012 for Ahold USA, the supermarket operator's Dutch parent company said Thursday.

AMSTERDAM — Keeping stores open during Hurricane Sandy was one of the factors that contributed to an increase in total store sales and comps in the fourth quarter and fiscal year 2012 for Ahold USA, the supermarket operator's Dutch parent company said Thursday.

Ahold attributed its 4.3% increase in sales in the fourth quarter, to $6.1 billion, partially to the Hurricane Sandy effort. The quarter also saw comps increase by 2.4%, while full year sales were $25.8 billion, a 3.1% over 2011, as comps increased by 1.4%.

February 19, 2013

Kroger promoted Robert Clark, 28-year veteran, as group VP non-perishables.

CINCINNATI — Kroger on Tuesday promoted Robert Clark as group VP non-perishables.

"Robert brings impactful leadership and extensive merchandising experience to our team," stated Michael Donnelly, Kroger's SVP merchandising. "His valuable knowledge of our customers across the country will further strengthen our strategic direction."

February 11, 2013

Dutch supermarket operator Royal Ahold is selling its majority stake in a Scandinavian supermarket chain to an investors group, the company said Monday.

AMSTERDAM — Dutch supermarket operator Royal Ahold is selling its majority stake in a Scandinavian supermarket chain to an investors group, the company said Monday.

Ahold, which operates the Giant-Carlisle, Giant-Landover and Stop & Shop banners and the Peapod online grocery service in the United States, said it would sell its 60% stake in ICA to Hakon Invest of Sweden for $3.3 billion.

ICA, based in Sweden, operates the ICA and Rimi chains in Norway and the Baltics.

 

February 5, 2013

Ahold has appointed the former head of one of its European supermarket chains to an executive position in its U.S. division.

CARLISLE, Pa. — Ahold has appointed the former head of one of its European supermarket chains to an executive position in its U.S. division.

Ahold USA said it appointed Jan van Dam as EVP supply chain and e-commerce, in which he will focus on supply chain for the company's four U.S. divisions, Stop & Shop in the New York area and New England, Giant-Landover and Giant-Carlisle. He will also be responsible for the company's e-commerce business with Andrew Parkinson, president and general manager of online grocery company Peapod, reporting to him.

January 30, 2013

A hunger relief group serving Philadelphia and surrounding areas has hired a New York-based brand and retail design consultancy to design a prototype nonprofit grocery store to address food deserts.

NEW YORK — A hunger relief group serving Philadelphia and surrounding areas has hired a New York-based brand and retail design consultancy to design a prototype nonprofit grocery store to address food deserts.

The agency, CBX, said the Philabundance had hired it to design the store, Fare & Square, which will open this summer in Chester, Pa.

January 29, 2013

Spartan Stores, a regional grocery distributor and retailer, has entered into a distribution agreement with Chief Super Market under which Spartan Stores will be its primary wholesale grocery supplier.

GRAND RAPIDS, Mich. — Spartan Stores, a regional grocery distributor and retailer, has entered into a distribution agreement with Chief Super Market under which Spartan Stores will be its primary wholesale grocery supplier.

Chief operates 12 stores in Northwest and West Central Ohio under the Chief and Rays banners. Spartan Stores stated that it will assume distribution to all of Chief’s banners for grocery, dairy, frozen, bakery and other products in March.

January 28, 2013

Target will dedicate about 10,000 sq. ft. at nine of its stores in the Detroit area to fresh groceries, the mass merchandise chain said Monday.

MINNEAPOLIS — Target will dedicate about 10,000 sq. ft. at nine of its stores in the Detroit area to fresh groceries, the mass merchandise chain said Monday.

The company said the remodeling effort was part of its ongoing effort to remodel stores across the country, and the new layout also would include reinventions in departments such as beauty, home, shoes and baby. Fresh foods will include produce, packaged meat and prepackaged baked goods, as well as frozen and dry food offerings.

January 4, 2013

Weis Markets on Friday announced the launch of its 10th round of price freezes, effective in all 163 store locations.

SUNBURY, Pa. — Weis Markets on Friday announced the launch of its 10th round of price freezes, effective in all 163 store locations. 

More than 2,000 products have been reduced in price and will stay at these discounted levels for 90 days. Since the company began its price freezing initiative in January 2009, Weis customers have saved more than $40 million dollars, the grocer stated.

December 19, 2012

Revamping the center store could present an opportunity worth more than $440 billion for supermarkets, according to a new study by SymphonyIRI.

CHICAGO — Revamping the center store could present an opportunity worth more than $440 billion for supermarkets, according to a new study by SymphonyIRI.

December 14, 2012

Commuters in Philadelphia who have forgotten to go holiday shopping may want to head to their nearest bus stop.

PHILADELPHIA — Commuters in Philadelphia who have forgotten to go holiday shopping may want to head to their nearest bus stop.

The shelter of the bus stop across the street from 30th Street Station includes a display from Target that allows passengers to buy gift items by scanning QR codes with their mobile phones.

December 11, 2012

Harris Teeter on Monday announced that more than $550,000 has been donated to local food banks out of the company’s Harvest Feast Food Drive and Donation Card Campaign.

CHARLOTTE, N.C. — Harris Teeter on Monday announced that more than $550,000 has been donated to local food banks out of the company’s Harvest Feast Food Drive and Donation Card Campaign.  

The campaign ran during the month of November in all Harris Teeter stores; customers purchased $1, $5 or $20 donation cards, and the dollars donated during the campaign equate to 4.4 million meals which the food banks involved are able to provide to community members-in-need. 

November 27, 2012

The majority of OTC purchases are made in chain drug, according to an online survey of more than 900 AccentHealth viewers conducted in September. No fewer than 47% of AccentHealth viewers make their purchases there, followed by mass outlets (33%) and grocery stores (12%). Less than 3% seek out OTC products in the dollar store, local drug store and club store, respectively. And only 1% make that OTC purchase online.

The majority of OTC purchases are made in chain drug, according to an online survey of more than 900 AccentHealth viewers conducted in September. No fewer than 47% of AccentHealth viewers make their purchases there, followed by mass outlets (33%) and grocery stores (12%). Less than 3% seek out OTC products in the dollar store, local drug store and club store, respectively. And only 1% make that OTC purchase online.

To see more Patient Views, click here.

November 2, 2012

Multiformat food and fuel retailer Giant Eagle will be introducing its first discount format Good Cents Grocery + More to the Pittsburgh market Nov. 4.

PITTSBURGH — Multiformat food and fuel retailer Giant Eagle will be introducing its first discount format Good Cents Grocery + More to the Pittsburgh market Nov. 4. The 46,000-sq.-ft. location will feature a 3,800-sq.-ft. produce section offering more than 230 conventional and organic produce items and a cheese department with more than 60 specialty items.

November 2, 2012

Sears Holdings has announced that Ryan Vero will join the company as SVP and president of grocery, drug and pharmacy.

HOFFMAN ESTATES, Ill. — Sears Holdings has announced that Ryan Vero will join the company as SVP and president of grocery, drug and pharmacy.

Vero most recently served as the EVP and chief merchandising/marketing officer for OfficeMax. In his new role with Sears Holdings, Vero will be responsible for the oversight, leadership and growth, both in-store and online, for the company's grocery, drug and pharmacy businesses.

October 26, 2012

Target is getting aggressive in a lot of ways. Canada. Big holiday plans. And now a plan to take a greater share of the ethnic beauty business.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Target is getting aggressive in a lot of ways. Canada. Big holiday plans. And now a plan to take a greater share of the ethnic beauty business.

(THE NEWS: Target unveils new ethnic beauty products at NYC event. For the full story, click here.)

October 26, 2012

A supermarket chain and a convenience store chain in the Midwest have launched a program that they said would allow customers to save on gasoline at all their stores.

ANKENY, Iowa — A supermarket chain and a convenience store chain in the Midwest have launched a program that they said would allow customers to save on gasoline at all their stores.

October 19, 2012

With shoppers looking for ways to buy things more conveniently, it's clear that the age of the multichannel consumer is well under way, and retailers would be wise to respond in kind. Many of them have already done so.

According to retail consulting firm Upstream Commerce, convenience ranks at the top of reasons why consumers shop online, and as recent news has shown, this is just as true for supermarkets as it is for anyone else.

WHAT IT MEANS AND WHY IT'S IMPORTANT — With shoppers looking for ways to buy things more conveniently, it's clear that the age of the multichannel consumer is well under way, and retailers would be wise to respond in kind. Many of them have already done so.

According to retail consulting firm Upstream Commerce, convenience ranks at the top of reasons why consumers shop online, and as recent news has shown, this is just as true for supermarkets as it is for anyone else.

October 19, 2012

Supermarkets are facing increased competition from dollar stores, according to a new survey from Perception Research Services International.

FORT LEE, N.J. — Supermarkets are facing increased competition from dollar stores, according to a new survey from Perception Research Services International.