Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Dominick’s Finer Foods parent Safeway Inc. reported a quarterly profit that topped Wall Street’s view as sales trends at its grocery stores improved.
The company, which also operates Safeway and Vons grocery stores, fourth-quarter net profit of $229.6 million, or 62 cents per share, topping analysts’ average call for a profit of 57 cents, according to Thomson Reuters I/B/E/S. Get the full story »
Dominick’s parent Safeway is launching a labeling system Wednesday that highlights certain foods based on a 22 ingredients including whole grains or nutritional benefits such as reduced sodium.
Dubbed SimpleNutrition, the program uses green shelf tags to highlight 15 to 20 percent of a store’s food products, based on a variety of criteria. Get the full story »
Dominck’s parent Safeway Inc. said lower prices drove its third-quarter profit down 5 percent, from a year ago, to $128.8 million.
Sales fell slightly, to $9.4 billion from $9.5 billion. The Pleasanton, Calif. company’s same store sales fell 2 percent, excluding fuel sales. Safeway pointed to lower prices for the same-store sales decline. Get the full story »
Dominick’s is rolling out an online coupon program today that sorts, organizes and personalizes offers for its loyalty-card members.
The program, called “Just For U,” is designed to create a centralized location for customers to store coupons. Members will receive personalized offers based on purchase history, gleaned use of Dominick’s Fresh Values Card. Get the full story »
Supermarket operator Safeway Inc., which own Dominick’s grocery stores in Chicago, cut its full-year outlook, saying it underestimated the extent of falling grocery prices in a weak economy, and its shares fell 1.5 percent.
At the height of the recession, grocery stores embarked on a price war to attract and hold onto customers. Now, as the economy improves slightly but unemployment remains high, food manufacturers are backing aggressive price cuts to woo back shoppers they lost to lower-priced store labels. Get the full story »
Jewel and Dominick’s, two of the Chicago area’s biggest grocery chains, are in negotiations for new contracts for their Chicagoland stores with the United Food and Commercial Workers International Union.
“While much progress has been made, we’re still working through wage and a few final language issues,” Local 881 says on its hotline about labor talks with Dominick’s. “We have several meetings scheduled in June and hope to resolve the negotiation issues soon.”
It didn’t return a phone call seeking comment.
Get the full story »
