Retail Stores
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Proposed Interchange Settlement Resisted By Retailers
The credit-card settlement proposed by the card industry to merchants is being opposed by many of the retailers. Though it was approved by a New York judge last week on Friday, the proposed settlement has still drawn criticism from the National Retail Federation, among other groups. The card industry (credit card companies and banks issuing…
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Weis Markets Hires New CIO
Weis Markets has named Shirl Stroeing as its new chief information officer and vice president. Stroeing has over 20 years in the retail sector and in information technology in retail. During those years, Stroeing held various positions, and particularly in information technology in retail capacities. Thirteen of those years were in senior management positions, so…
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Publix Opens Stores in Charlotte
The Charlotte suburbs will be witnessing the opening of the first two Publix Super Markets stores. Come Wednesday, the 49,000 square foot stores will be opened to the residents. Publix had announced that it would be introducing a Charlotte division with hopes of expanding and opening more stores in future. The two store locations are…
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Contract Offers and Strike Threats at Raley’s
Raley’s management announced that it planned to implement a contract that it calls “last, best and final.” The supermarket chain had set Thursday as the date of the implementation. This comes in the wake of claims by management that UFCW Local 8-Golden State had denied the chains employees a voting opportunity for 3 weeks. The…
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Supermarkets Kept Closed over Hurricane Sandy
Hurricane Sandy has continued to show its power and sheer strength. The effects of the hurricane are being felt by all with the power outages forcing some stores to keep their doors closed or delay opening. Ahold USA officials said that up to twenty Stop & Shop locations located in New Jersey and New York…
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Publix Q3 Earnings Grow
Publix Super Markets released their third quarter earnings for the year, which showed increased earnings and sales. The sales for the Q3 are $6.7 billion, which is a 4.4% increase from 2011 sales. The chain’s store sales improved 2.6 % for the first 9 months and 2.5% for the third quarter. The sales of the…
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Shaw’s Planning 700 Job Cuts
Supervalu Inc., Shaw’s Supermarkets parent company has announced that it has plans to lay off at least 700 store workers. The chain of supermarkets said that this would help it deploy labor more efficiently and reduce expenses. Shaw’s has said that the layoffs will also assist the grocer to make more investments in customer-facing initiatives,…
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Fairway Providing Kosher Catering this Thanksgiving
Fairway Market has announced its offering of Glatt kosher menu that will be available in three of its 11 locations. The three stores are Paramus, New Jersey, and Westbury, New York and Stamford, Connecticut. The Thanksgiving foods are from the supermarket chains kosher kitchens. The meals are made under Rabbi Avraham Marmostein and Kof-K supervision.…