Web-based grocer Peapod has launched a free application for smartphones that allows consumers to place orders from their mobile device. Get the full story »
Inside these posts: Grocery stores
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.
Whole Foods to rate impact of seafood
Whole Foods Market Inc. is trying to clear some murky waters for seafood shoppers.
The grocery chain on Monday launched a new color-coded rating program — with the help of Monterey Bay Aquarium and Blue Ocean Institute — that measures the environmental impact of its wild-caught seafood. Get the full story »
Report: 7-Eleven bids $2B for Casey’s General
Convenience store operator 7-Eleven Inc. is the mystery bidder for Casey’s General Stores Inc. trying to top a Canadian rival, according to a published report. Get the full story »
Bill banning plastic bags fails
California’s Senate has voted down a measure that would have banned plastic bags at grocery stores. The new ban was rejected by a 21 to 14 vote late Tuesday. The ban would have included grocery stores, convenience stores and drugstores. Get the full story »
Meijer introduces digital coupon program
Meijer Inc. said Monday it is launching a new digital coupon program where shoppers can choose coupons from the store’s Web site and redeem them by entering their mobile phone numbers at check-out.
The mPerks program rolls out this week at the superstore chain’s 196 stores in Illinois, Michigan, Ohio, Indiana and Kentucky. Customers can sign up for an account linked to their personal cell phone number at mperks.meijer.com. Shoppers select coupons from the site to be stored in their account. At check-out, keying in the phone number redeems all applicable coupons. Get the full story »
Hormel 3Q profit rises 11% on higher revenue
Hormel Foods Corp.’s fiscal third-quarter earnings rose 11 percent as the food-processing company saw revenue continue to rise and brands like its Hormel chili did well. The result beat analysts’ expectations and the company raised the year’s earnings forecast for a third time, hiking it to $2.85 to $2.91 a share from $2.75 to $2.85. Get the full story »
Treasure Island Foods family fights over estate
A family feud has broken out over the estate of Treasure Island Foods cofounder Christ Kamberos.
A daughter of Kamberos, Christi Kamberos Matthews of Wilmette, is suing her step-mother for allegedly scheming to reduce her inheritance, according to a lawsuit filed in Cook County Circuit Court this week. Get the full story »
1Q net drops 40% at Jewel-Osco parent
Supervalu Inc. posted weaker-than expected quarterly sales Tuesday but said it remains on track for its full-year earnings goals, as it controls margins and costs.
The company, whose shares rose 2 percent, said separately that Chief Financial Officer Pamela Knous, 56, will leave July 30 “to pursue other career interests.” It expects to fill the position by the time it reports second-quarter results in October. Get the full story »
Dominick’s parent cuts outlook, citing prices
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 »
Roundy’s first Chicagoland store opening
Roundy’s Supermarkets Inc., the Milwaukee-based high-end supermarket chain, is opening its first Chicagoland location today. Mariano’s Fresh Market, on Northwest Highway in downtown Arlington Heights, will focus on fresh food and high-end offerings, including homemade gelato and an on-site sushi chef. The store will also have an imported Italian oven for pizzas and offer wines and cheeses. Get the full story »
Supervalu to buy back $70 mln shares
Supermarket operator Supervalu Inc. said on Thursday it will buy back up to $70 million of its common shares through June 30, 2011.
The operator of Albertsons, Jewel-Osco and Shaw’s stores also declared a regular quarterly dividend of $0.0875 a share.
The dividend will be paid on Sept. 15 to stockholders of record on Sept. 1.
Lawsuit: Jewel parent tried to kill Wal-Mart store
Jewel-Osco’s parent company engaged in “dirty tricks” to defeat the building of a Wal-mart store in Mundelein, alleges a lawsuit filed Wednesday in a U.S. District Court in Chicago.
Rubloff Development Group Inc. is suing Minneapolis-based SuperValu Inc., which does business as Jewel-Osco, and a Hingham, Mass.-based consulting firm called Saint Consulting Group, whose Web site describes it as specializing “in winning zoning and land-use battles.”
Rubloff is trying to protect its use of certain documents in court. It says it has in its possession materials “that reveal that defendants orchestrated ‘dirty tricks’ campaigns to defeat or otherwise delay the establishment of new Wal-mart stores at shopping centers” that the Rockford-based real estate developer and another firm were planning. Get the full story »
Jewel, Dominick’s in talks with union in Chicago
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 »