by Mike Duff | Aug 30, 2023 | Retail Articles
Supermarket operator Giant Eagle has appointed Bill Artman chief executive officer after having been named interim CEO in March, with other executive changes occurring simultaneously. During 40 years with the company, Artman has served in various executive leadership...
by Mike Duff | Aug 16, 2023 | Retail Articles
As ownership sells off the components of Southeastern Grocers, Aldi has announced that it entered into a definitive agreement to acquire Winn-Dixie and Harveys Supermarket, which together include about 400 locations. Already a top retailer in the United States and...
by Mike Duff | Jul 25, 2023 | Retail Articles
Although earnings slipped year over year, Albertsons beat Wall Street estimates for the first quarter driven by a gain in identical sales, even if inflation was part of the increase. Net income was $417.2 million, or 72 cents per diluted share, versus $484.2 million,...
by Mike Duff | Jul 5, 2023 | Retail Articles
Lidl is expanding again, focusing on the its existing East Coast markets and especially New York City. Lidl’s website reported the deep discount supermarket operator opened two stores on June 28, one in Washington, DC, the other in Greensboro, NC. The company...
by Mike Duff | Mar 9, 2023 | Retail Articles
A strong fourth quarter helped Publix post solid financial gains in 2022. Net earnings for the three months ended December 31, 2022, were $1.3 billion, or 38 cents per share, versus $1.1 billion, or 31 cents per share, in the year-earlier period, adjusted for the...