Fairway CEO retires amid realignment
Fairway Group Holdings said Thursday that CEO Herbert Ruetsch plans to retire after 15 years with the company, parent of the Fairway Market chain, as it launches an “organization realignment” … Continue Reading →
Tag: Amid
Metro Sales Down Amid Canadian Competition
MONTREAL — Citing increased competition, Metro Inc. here said sales for its fiscal fourth quarter fell about 1.1% compared with the year-ago period, when adjusted for an extra week in … Continue Reading →
Northwest Talks Resume Amid New Strike Vote
TACOMA, Wash. — Approximately 1,000 members of United Food and Commercial Workers Union Local 367 here are scheduled to take a strike vote Tuesday following expiration of their contracts Oct. … Continue Reading →
Fresh & Easy Ramps Up Marketing Amid Sale Effort
EL SEGUNDO, Calif. — A rash of promotional activity by Fresh & Easy Neighborhood Market since parent company Tesco announced in April it is seeking a buyer for the chain … Continue Reading →
Wal-Mart Opens 24 Stores Amid Union Protest
BENTONVILLE, Ark. — Wal-Mart Stores here said it opened 24 new locations across the country on Wednesday, including 12 Neighborhood Market stores and 12 new, relocated or expanded supercenters. read … Continue Reading →
Chief Tests New Loyalty Program Amid Name Change
LIMA, Ohio — Chief Super Markets has converted its three Rays stores in this market to the Chief banner — just one of many changes unfolding at the 11-unit independent … Continue Reading →
Target Sales Flat Amid Retail Gains
MINNEAPOLIS — Target Corp. here conceded on Thursday that its same-store sales in December were “essentially flat,” but confirmed that its profit projections for the fourth quarter were still on … Continue Reading →
Moody’s Affirms Bi-Lo Rating Amid Debt Offering
NEW YORK — Moody’s Investors Service on Wednesday said it affirmed its B2 rating on Bi-Lo and assigned a B3 rating to $ 140 million in new debt to be … Continue Reading →
Supercenters Gain Amid Consumer Slowdown
MINNEAPOLIS — Mass discounters Target Corp. and Wal-Mart Stores continued to drive traffic and ticket gains amid a weakening retail sales climate, financial results released by the respective companies last … Continue Reading →