Costco boosts 2015 cap-ex, openings
Costco Wholesale Corp. said Wednesday it expects to boost capital spending in fiscal 2015 by 25% to 35% to open 31 new warehouses and relocate four units; increase spending on … Continue Reading →
Tag: Boosts
Safeway Canada boosts Sobeys Q1 profits
The addition of Safeway Canada stores provided Sobeys with a 35.4% boost in sales and even higher gains in profitability during the fiscal first quarter, according to Sobeys parent company … Continue Reading →
Keurig partnership with Kraft boosts company’s single cup coffee portfolio
Keurig Green Mountain Inc. and Kraft Foods Group Inc. have announced a multi-year licensing, manufacturing, and distribution agreement for Kraft’s branded coffees in Keurig portion pack formats compatible with Keurig … Continue Reading →
Sobeys to close 50 stores; Safeway addition boosts Q4 sales
Sobeys said Thursday that a store network review in the wake of its Canada Safeway acquisition led to a decision to close 50 underperforming stores. read more Supermarket News
Harris Teeter, rising consumer boosts Kroger Q1 results
Kroger’s first quarterly results that included Harris Teeter stores indicated the acquisition was going every bit as well as expected, with the Southeast banner providing an added sales boost as … Continue Reading →
Moody’s boosts A&P outlook
Moody’s Investors Service on Monday said it upgraded its outlook for the debt of A&P, citing some gains the chain has made, as well as cash generated through asset sales. … Continue Reading →
Sprouts Boosts SKU Counts, Shelf Heights
PHOENIX — Sprouts Farmers Market is expanding its assortment in grocery by raising gondola shelf heights, according to a report published Sunday by Karen Short, a New York-based analyst at … Continue Reading →
Sprouts Boosts Guidance on Strong Q3 Results
PHOENIX — Sprouts Farmers Market here said Thursday it is raising its financial guidance following strong results for the third quarter and 39 weeks ended Sept. 29. read more Supermarket … Continue Reading →
Albertson’s LLC Boosts Texas Presence With Purchase of United Banners
BOISE, Idaho — The agreement by Albertson’s LLC here last week to acquire 50 stores and other assets from Lubbock, Texas-based The United Family — formerly United Supermarkets — could … Continue Reading →
Sale of Stores Boosts Piggly Wiggly Finances
CHARLESTON, S.C. — The sale of 28 stores to Bi-Lo and Harris Teeter will allow Piggly Wiggly Carolina here to put itself in a better financial position for the future, … Continue Reading →