Grocery store
Retail
Hypermarkets need to innovate to protect margins, says Datamonitor Retail
The reign of hypermarkets is under threat from a variety of sources and retailers urgently need to adapt and innovate to protect margins, finds Verdict’s global arm Datamonitor Retail.A new report by the independent retail analyst has revealed that...
Retail
Walmart to create 10,000 jobs in Chicago by 2015
Walmart has recently opened two new stores in Chicago; these stores will put the company well on its way in creating 10,000 jobs in the city by 2015. Chicago's Walmart Express stores will be less than 30,000 sq. ft...
Retail
Asda on expansion spree
Asda is set to open 168 stores in 2011, adding 1.8m sq ft of retail food space in, the largest single year of growth in its history. The additional space is a combination of planned organic growth and the...
Retail
ALDI debuts in New York
Discount supermarket chain ALDI has opened its first store in New York City at 61-11 Junction Blvd in Rego Park. “ALDI will continue to offer its same incredibly low prices every single day,” says Bruce Persohn, divisional vice-president for...
Retail
Fresh & Easy announces ten new California stores
Tesco-owned Fresh & Easy Neighborhood Market announced plans to open ten stores in southern California early next year, bringing fresh, wholesome food at affordable prices to even more neighbourhoods. The company expects to hire more than 210 employees for...
Retail
Supervalu sells Bristol Farms
Supervalu, one of the largest grocery retailers in the United States, has announced the sale of its Bristol Farms division (14 stores) to a company formed through a partnership with the Bristol Farms management team and Endeavour Capital, an...
Progressive Grocer
Online Groceries Strike Back
Way back at the turn of the last century – 1999, to be exact – one of the hot topics in the U.S. supermarket industry was online grocery shopping. Peapod had recently expanded, Webvan had raised hundreds of millions...
Beauty & Wellness
Nuts ‘n’ Spices looks beyond Chennai
Chennai-based chain of grocery stores, Nuts 'n' Spices, is planning to launch its first store in Coimbatore post Diwali. This would be the retial chain's first store outside Chennai, where it currently operates 15 outlets. Confirming the development, Sunil...
Retail
NRF forecasts U.S. holiday sales rise of 2.3 per cent
After a ho-hum 2009 and a disastrous 2008, U.S. holiday retail sales are expected to increase a more moderate 2.3 per cent this year to $447.1 billion, according to the National Retail Federation. While that growth remains slightly lower...
Progressive Grocer
Nutritional Tour De Force
As a nation, Americans are literally bursting at the seams. Obesity is a national health threat and, according to the Centers for Disease Control and Prevention (CDC), an increasing challenge to public health in the last decade. The Atlanta-based...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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