Stores
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Village Super Market Plans Store Replacements and Remodels
Village Super Market Inc. operates 29 ShopRite supermarkets in Maryland, New Jersey and Pennsylvania. The supermarket chain expects to spend approximately $20 million in its new financial year, which will be spent to replace two stores and complete the remodeling of three others. Village is the second largest member of Wakefern Food Corporation, which owns…
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Ares Management Buys Major Stake in Smart & Final
Ares Management signed an agreement that will see it gain a major stake in Smart & Final Holdings Corp. from global management firm Apollo Global Management. The sale, which stands at $975 million, will be completed by year-end. The senior management of the company will however, maintain a minority stake. Los Angeles based Smart &…
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Big Box Retailers Top Favorite Retailer Lists
King Retail Solutions (KRS) recently concluded a consumer research survey that studied where consumers are spending their time and money and how they feel about where they shop. According to this survey, U.S. consumers most frequently visit big box retailers such as Walmart and Target, among others, the figures are 3 out of 5 U.S.…
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H-E-B
“Here Everything’s Better” is the slogan at HEB Grocery Company, but that is not what the acronym means. The name comes from the founding lady’s son’s initials – Howard Edward Butt. She gave control to her son in 1919. In 1905, Florence Butt, founder of H-E-B, opened C. C. Butt Grocery store. The store was…
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Publix: ‘Where Shopping is a Pleasure’
Publix Super Markets Inc. is a Lakeland, Florida- based supermarket chain established in 1930. George W. Jenkins founded the employee-owned chain by opening a Publix market in Florida at Winter Haven. In 1935, he opened a second store in the same location with the name Economy Food Store, both of which thrived amid the Great…
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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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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,…