Walmart is set to open a 52,000-square-foot neighborhood market in Colorado Springs, Colo., on Wednesday, with three more planned for the area next year,
Wegmans is freezing the prices of some 60 items through the end of 2012, marking its fourth frozen price list for groceries since it first imposed price freezes a year ago, said
Amsterdam-based Royal Ahold, which owns Stop & Shop and Giant retail banners in the United States, reported a 17 percent increase in U.S. sales in the second quarter, but remains cautious about the year ahead due to higher costs and growing competition,
Big Lots reported a 38 percent decline in its fiscal second-quarter earnings to $22.1 million, while sales climbed 4 percent to $1.22 billion, The Wall Street Journal reported.
Target prices were 0.46 percentage points lower than Walmart's this month, marking the first time since October the company has beat Walmart on low prices, Bloomberg reported.
With Tootsie Roll Chairman and CEO Melvin Gordon in his 90s, President and COO Ellen Gordon in her 80s and the company's profits on the decline, some are wondering who will lead the 116-year-old candy maker into the future,
While Save-A-Lot is a bright spot for struggling Supervalu Inc., the independent licensees who operate 70 percent of Save-A-Lot locations say the wholesale prices they pay to Supervalu are escalating too rapidly, the
Caribou Coffee is teaming up with Jewel-Osco to open coffee shops within the grocery retailer in three Chicago-area locations this year with five more planned for 2013,
Retailers are discarding cantaloupes from Indiana and reassuring shoppers that fruit from other areas is safe to consume after a salmonella outbreak traced to an unidentified Indiana cantaloupe supplier has been linked to two deaths and about 150 illnesses in 20 states.
Lawyers who previously sued tobacco companies for advertising violations increasingly are turning their attention to what they contend are misleading food labels.