Spartan Stores Announces Fiscal 2011 Third Quarter Financial Results Consolidated net sales for the 16-week third quarter were $782.3 million compared with $786.9 million in the same period last year. The slight decline in consolidated net sales was due primarily to lower supermarket sales, substantially offset by higher fuel center and distribution segment sales. Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization the quarter were $25.7 million, or 3.3 percent of net sales, equivalent to the percentage of net sales in the year-ago period.
Business Wire
Shoppers Food Closing Five StoresShoppers Food & Pharmacy will close two unprofitable stores in Maryland. The grocery chain is also closing three stores in Virginia. The closings come shortly after SuperFresh, whose parent company is operating under bankruptcy, also closed stores in Maryland. "Given the competitive markets we operate in, and today's difficult economic environment, it is occasionally necessary to close those stores that are not profitable," Shoppers said in a statement.
Explore Baltimore County
Marsh Renames Some of Its Local StoresMarsh who? Starting today, Marsh Supermarkets Inc. said six of its grocery stores in Hamilton, Fairfield, Franklin and Cincinnati will be called MainStreet Market instead. According to the company, there will be a new logo on buildings, road signs and display signs and tags throughout the stores that have the change. The marketing change was made to better align offerings of Marsh's smaller and more traditional facilities with consumer preferences in these areas.
Middletown Journal
Sears Delivers Physical Goods Ordered Via MobileSears Holdings Corp. is letting consumers order groceries, pharmaceutical prescriptions and other products using their smartphones and pick them up at the nearest Kmart or get them delivered. Sears launched its mygofer service to respond to the evolution of the traditional grocery store concept from bricks-and-mortar stores to shopping for food and prescriptions online and directly via consumers' phone.
Mobile Commerce Daily
Weis Launches Mobile WebsiteWeis Markets has launched a mobile version of its website that offers customers access to its weekly circular, online ordering options for gift cards and party platters, prescription refills and a new Healthy Living section. Through the mobile version of its website, Weis Preferred Shoppers Club members go to the My Weis section to sign up for e-mail specials and online coupons, and develop shopping lists tailored to specific health or dietary needs.
Progressive Grocer |