Grapes of Wrath: Kroger Faces Fine
Los Angeles, Kroger says its mislabeling of grapes was an honest mistake. But California regulators said the company’s Food 4 Less and Ralph’s divisions could face fines of up to $3,000 per bag of fruit sold. In the last two weeks, Mexican-grown grapes at both stores were incorrectly promoted as “California Grown” in store flyers. Kroger said the errors have been corrected.
New Chairman Named for Macy’s Florida
Cincinnati, Federated Department Stores announced today that Julie Greiner, formerly senior executive VP of the company’s Bloomingdale’s division, has been named chairman and CEO of its Macy’s Florida division. Greiner succeeds Timothy Adams, who was recently named chairman and CEO of Macy’s Home Store.
Macy’s Florida is headquartered in Miami and operates 61 stores throughout the state.
June Sales Show Strength
New York City, Shoppers fighting the heat helped lift retail sales in June, despite concerns over rising fuel prices. Teen-focused retailers performed well once again, and Wal-Mart Stores showed strong increases. Wal-Mart said its June comparable-store sales rose 4.5% at stores in the United States, beating its forecast of 2% to 4%. Luxury leader Nordstrom also had a strong month, posting an 8.1% comp-store gain.