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January 14, 2011

J.R. Watkins Naturals on Thursday announced it has earned the Natural Seal from the Natural Products Association for its line of home care products. J.R. Watkins Naturals is among the first brands to earn the certification; shoppers can expect to see the seal on J.R. Watkins Naturals products as soon as next month.

MINNEAPOLIS — J.R. Watkins Naturals on Thursday announced it has earned the Natural Seal from the Natural Products Association for its line of home care products. J.R. Watkins Naturals is among the first brands to earn the certification; shoppers can expect to see the seal on J.R. Watkins Naturals products as soon as next month.

January 13, 2011

Supervalu on Thursday announced the expansion of its exclusive in-store nutritional navigation program, "nutrition iQ," to include the fresh food departments and more robust nutrition information for the center store.

MINNEAPOLIS — Supervalu on Thursday announced the expansion of its exclusive in-store nutritional navigation program, "Nutrition iQ," to include the fresh food departments and more robust nutrition information for the center store.

January 13, 2011

Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years.

MINNEAPOLIS — Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years.

The company announced that it has agreed to pay C$1.83 billion to purchase from Zellers, a subsidiary of the Hudson's Bay Co., the leasehold interests in up to 220 sites currently operated by Zellers. This transaction will allow Target to open its first Target stores in Canada beginning in 2013.

January 11, 2011

There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least not yet, they can be had for the right price.

MINNEAPOLIS — There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least

January 11, 2011

Two leaders of Target have been appointed to the retailer's executive committee.

MINNEAPOLIS — Two leaders of Target have been appointed to the retailer's executive committee.

Tina Schiel, SVP enterprise strategy and new business development, was promoted to EVP stores and will join the executive committee, while Laysha Ward, who will retain her position as Target's community relations president and Target Foundation president, also will join the executive committee.

January 11, 2011

Target is opening 21 stores across 12 states, the retailer announced Tuesday.

MINNEAPOLIS — Target is opening 21 stores across 12 states, the retailer announced Tuesday.

Among the openings are five stores in California, a third store in Hawaii and a SuperTarget in Minnesota.

“Target takes great pride in designing stores that meet the needs of our guests and the communities we serve,” said John Griffith, Target EVP. “With the addition of an expanded fresh food assortment, our new stores will offer guests everything they need in one convenient location.”

January 7, 2011

Supervalu on Friday named Janel Haugarth, 55, EVP merchandising and logistics.

MINNEAPOLIS — Supervalu on Friday named Janel Haugarth, 55, EVP merchandising and logistics.

“Steve Jungmann, who had held the position of EVP merchandising, will leave the company effective immediately,” Supervalu stated.

January 6, 2011

Despite an easy prior-year comparison, Target fell short of its December same-store sales guidance with a disappointing 0.9% gain.

MINNEAPOLIS — Despite an easy prior-year comparison, Target fell short of its December same-store sales guidance with a disappointing 0.9% gain.

The company forecasted December comps in the low to mid-single-digit range after it released November results, which saw comps advance 5.5%. Analysts were expecting the company to report a 4% December gain.

January 5, 2011

Responding to what she termed an “unprecedented” shortage of prescription medicines for such serious conditions as cancer, Sen. Amy Klobuchar, D-Minn., is promising new legislation to deal with the problem.

EDINA, Minn. — Responding to what she termed an “unprecedented” shortage of prescription medicines for such serious conditions as cancer, Sen. Amy Klobuchar, D-Minn., is promising new legislation to deal with the problem. The senator said she also is pressing the Food and Drug Administration and the pharmaceutical industry to address a growing shortage of prescription medications, especially drugs for treating cancer.

December 21, 2010

Supervalu is having difficulty divesting its New-England-based Shaw’s chain for more than $1 billion, the Wall Street Journal reported Tuesday, and the Minnesota grocery conglomerate may be ready to take down its "for sale" sign.

MINNEAPOLIS — Supervalu is having difficulty divesting its New-England-based Shaw’s chain for more than $1 billion, the Wall Street Journal reported Tuesday, and the Minnesota grocery conglomerate may be ready to take down its "for sale" sign.

According to the report, Shaw’s has been on the block for several months with no takers. Many bids from private-equity firms actually came in below the asking price.

December 17, 2010

After testing a pilot program in select stores last year, Best Buy is addressing the health needs of its customers by rolling out health devices and fitness products at 600 Best Buy stores across the country and online at BestBuy.com.

MINNEAPOLIS — After testing a pilot program in select stores last year, Best Buy is addressing the health needs of its customers by rolling out health devices and fitness products at 600 Best Buy stores across the country and online at BestBuy.com.

December 10, 2010

Supervalu on Thursday named Sherry Smith EVP and CFO. Smith, 49, had been the company’s interim CFO. She immediately assumes her new role and will directly report to Craig Herkert, CEO and president.

MINNEAPOLIS — Supervalu on Thursday named Sherry Smith EVP and CFO. Smith, 49, had been the company’s interim CFO. She immediately assumes her new role and will directly report to Craig Herkert, CEO and president.

December 9, 2010

Supervalu on Wednesday announced that it has entered into a stock purchase agreement for the sale of Total Logistic Control to Ryder Integrated Logistics.

MINNEAPOLIS — Supervalu on Wednesday announced that it has entered into a stock purchase agreement for the sale of Total Logistic Control — a wholly owned subsidiary that provides logistics and supply chain management solutions to manage distribution, warehousing and transportation operations for food, beverage and consumer packaged goods companies — to Ryder Integrated Logistics.

Subject to closing conditions and regulatory approvals, the sale is expected to close Dec. 31.

December 8, 2010

Target called it “pharmacy rethought from the bottle up” when it was introduced more than five years ago. Now, the company’s breakthrough ClearRx packaging innovation for prescription drugs has been named Design of the Decade by the Industrial Designers Society of America.

MINNEAPOLIS – Target called it “pharmacy rethought from the bottle up” when it was introduced more than five years ago. Now, the company’s breakthrough ClearRx packaging innovation for prescription drugs has been named Design of the Decade by the Industrial Designers Society of America.

December 2, 2010

Same-store sales surged 5.5% at Target during November, exceeding the company’s guidance and analysts’ expectations for a low-single digit gain.

MINNEAPOLIS — Same-store sales surged 5.5% at Target during November, exceeding the company’s guidance and analysts’ expectations for a low-single digit gain. The company said the number of people shopping its stores as measured by transactions increased nearly 4% and average transaction sizes also were up slightly with broad-based growth throughout the store.

The company is looking for December comps to increase in the low- to mid-single digit range.

November 17, 2010

Food is the most important aspect of the holiday season and unites families, according to...

MINNEAPOLIS — Food is the most important aspect of the holiday season and unites families, according to a new survey conducted by Harris Interactive for retail giant Supervalu.

November 17, 2010

A 20-year veteran at Supervalu will become a senior counselor outside of the company for...

MINNEAPOLIS — A 20-year veteran at Supervalu will become a senior counselor outside of the company for one year.

David Boehnen, who as EVP was responsible for legal, business development, real estate and store development, as well as government affairs, will leave his post at the retailer but will serve as a senior counselor for Supervalu president and CEO Craig Herkert for one year.

The change is effective Dec. 15.

 

November 15, 2010

A location-based retail app now is available for Target shoppers in select markets....

MINNEAPOLIS — A location-based retail app now is available for Target shoppers in select markets.

October 29, 2010

MINNEAPOLIS — Target announced that it is launching a month-long anti-smoking campaign in connection with the American Cancer Society's 2010 Great American Smokeout to support guests and team members in their efforts to quit smoking.

October 28, 2010

Supervalu has sold 14 stores under the Bristol Farms banner, the retailer announced Friday....

October 27, 2010

Supervalu on Thursday announced the launch of a comprehensive, whole-store health-and-wellness program called “living healthy...

MINNEAPOLIS Supervalu on Thursday announced the launch of a comprehensive, whole-store health-and-wellness program called “living healthy with my diabetes.”

 

The program offers a variety of resources to make life easier for customers living with diabetes, including educational materials, health screening tests, group and individual diabetes education and training programs, medication management consultations, nutrition information, dietary tools, products and other services.

 

 

October 24, 2010

Kroger announced that it has teamed up with U.S. Bank to offer credit cards and...

October 24, 2010

Americans have embraced Greek yogurt, and more brands of the thick, creamy yogurt are being...

MINNEAPOLIS —Americans have embraced Greek yogurt, and more brands of the thick, creamy yogurt are being included in dairy cases. General Mills’ Yoplait brand is one of the latest—and more affordable—entries.

Yoplait’s Greek version is available in 6-oz. servings in four flavors: plain, honey vanilla, strawberry and blueberry. Each serving of Yoplait Greek contains 12 g of protein and 0 g of fat.

October 18, 2010

Progresso is introducing a product that can give any dish effortless flavor....

MINNEAPOLIS Progresso is introducing a product that can give any dish effortless flavor.

The newest addition to the Progresso line of panko breadcrumbs now includes Lemon Pepper Panko, which adds crispiness and flavor to any meal without the fuss.

Progresso's line of panko breadcrumbs are available at grocery stores nationwide for $2.49 per 8-oz.package.

October 18, 2010

A labor dispute at one of its banner stores, employee-related costs and an impairment charge...