The Pantry moved one step closer to its merger with Canada’s Alimentation Couche-Tard as Pantry stockholders approved the merger agreement at a special meeting on March 10.
Loblaw Companies Ltd., Canada’s largest supermarket chain, will open 50 new stores and renovate 100 existing stores in 2015 as part of a $1.2 billion investment in its business.
Food Lion will remodel its Raleigh, North Carolina market stores in 2015.
The Fresh Market Inc. will close its remaining stores in California, which include locations in Palo Alto, Santa Barbara and Laguna Hills, by March 31 in order to focus on higher growth opportunities.
Roundy’s Inc. reported net income of $7.5 million in the fourth quarter of fiscal 2014, more than double $3.5 million in the same quarter the prior fiscal year.
Benefits from its acquisition of the Harris-Teeter grocery chain, which The Kroger Co. acquired in January 2014, helped boost results at Kroger during fourth quarter 2014.
Decreasing pretax income helped reduce net income at Weis Markets Inc. 12% to $13.9 million in the fourth quarter of fiscal 2014 from $15.7 million in the year-ago period.
The impact of two replacement stores and a same-store sales increase of 2.5% helped boost net income at Village Super Market Inc. 146% to $6.6 million in the second quarter of fiscal 2015, from $2.8 million in the same quarter a year earlier.
Publix, Aldi and H-E-B share something besides all operating in the grocery sector.
Publix Super Markets turned in another great quarter, a 7.4% increase in profits and a 6.9% increase in sales in the fourth quarter.