In its desire to expand e-commerce sales, Walmart will go head-to-head with Amazon, which achieved 44 percent sales growth last quarter and is emphasizing CPG sales online,
Stop & Shop Supermarket Co.'s new 72,000-square-foot store in Chelmsford, Mass., slated to open Nov. 18, will offer an expanded product assortment throughout the store, including 4,500 natural items, the company said in a release.
Target Corp. announced plans to open a 360,000-square-foot food distribution center in Denton, Texas, by March 2013 that will supply about 235 stores in eight states, TwinCities.com said.
Whole Foods Market reported net income of $75.5 million for its fourth fiscal quarter, ended Sept. 25, up 31 percent from the year-ago period, while same-store sales increased 8.4 percent in the quarter.
Jacksonville, Fla.-based Winn-Dixie reported a net loss of $24.1 million on net sales of $1.6 billion for its first quarter of fiscal 2012, ended Sept. 21.
Retail cooperative Wakefern Food Corp., which owns the ShopRite and PriceRite retail banners, reported $12.8 billion in retail sales for the fiscal year ended Oct. 1, up 8.5 percent from the prior year, while the company also generated $9.5 billion in warehouse sales,
Entering a new city can be eased by taking over existing buildings, a strategy Whole Foods used to open a 13,700-square-foot store in Boston on Nov. 1 in a former Hi-Lo Market.
