US retailer Safeway Inc has booked an increase in third-quarter earnings, helped by one-time items, but reported a drop in operating profit as it battled weak consumer confidence. The company said yesterday (11 October) net profit ...
Tags: Safeway Inc, earnings, operating profit, consumer confidence
US natural and organic retailer Natural Grocers plans to list on the New York Stock Exchange. Natural Grocers, which has stores in ten US states, said yesterday (18 June) it had not determined the number of shares it will offer or the ...
Tags: Natural Grocers, organic retailer, company news, food industry
US retailer Weis Markets has booked an increase in third-quarter profits as a focus on productivity and "disciplined" promotions offset lower sales. Weis reported a 1.2% rise in net income to US$17.2m for the 13 weeks to 29 September. ...
Tags: Weis Markets, third-quarter profits, store-level productivity
A fall in second-quarter earnings has failed to stop employee-owned US retailer Publix from reporting half-year profits. Publix, which operates 1,055 stores in the south of the US, said today (1 August) its net earnings dipped 0.2% in the ...
US retailer Safeway Inc has joined the recall of ground beef products supplied by XL Foods over fears that it could be contaminated with e-coli. Ground beef sold at the self-service meat counter and full-service meet cooler at Safeway ...
Tags: Safeway Inc, recall, ground beef products, food safety
US natural and organic retailer Natural Grocers plans to list on the New York Stock Exchange. Natural Grocers, which has stores in ten US states, said yesterday (18 June) it had not determined the number of shares it will offer or the ...
Tags: Natural Grocers, Stock Exchange, IPO, organic sales
US retailer Stater Bros. has reported a drop in third-quarter profits as an increase in costs offset higher sales. Stater Bros., which runs over 160 stores in California, booked net income of US$7.2m for the 13 weeks to 24 June. A year ...
Tags: Bros, third quarter profits, sales, food company
The parent of regional US retailer Tops Markets has reported a fall in third-quarter profit amid lower same-store sales. Tops Holding Corp. booked net income of US$4.7m for the 12 weeks to 6 October, down from $6.4m a year earlier. An ...
Supervalu Inc has announced a number of executive leadership changes as new CEO Wayne Sales bids to turn around the US retailer. The retailer has given executive VP for retail operations Kevin Holt the newly-created position of president ...
Tags: Supervalu CEO, executive changes, Wayne Sales bids, US retailer
US grocer The Fresh Market has upped its full-year profit forecast after an increase in first-half earnings. The retailer raised its full-year outlook to earnings of $1.33 to $1.38 per share with 5.5% to 6.5% same-store sales growth. That ...
Tags: profit forecast, grocer, Operating income, profit, earnings
US retailer Natural Grocers by Vitamin Cottage has said it expects to open 11 stores in the next 12 months. The Colorado-based firm, which listed in New York in July, had 59 outlets selling natural and organic groceries across 12 states ...
Tags: Natural Grocers, Vitamin Cottage, food store, food industry
US retailer Publix has recorded an increase in earnings in the third quarter of the year. Net earnings in the three month period reached US$368.4m, an 18.1% increase on the prior year period. Comparable-store sales increased 2.5%, the ...
Better productivity has boosted profits at regional US retailer Weis Markets, which has seen sales remain flat in the first half of its financial year. The company said yesterday (31 July) its net income increased 10% in the six months to ...
Tags: Weis Markets, sales, net income, Productivity
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
US retailer Family Dollar Stores has booked an increase in third-quarter profits, boosted by higher sales. In the three months ended 28 May, net profit increased 12.1% to US$124.5m. Operating profit grew 8.2% to $199.4m. Net sales ...
Tags: retailer, Family Dollar Stores, higher sales