REAL ESTATE

WinCo enters Dallas-Fort Worth market

BY Dan Berthiaume

Boise, Idaho – WinCo Foods, LLC will open its first discount supermarkets in the state of Texas on Feb. 6, in the cities of Fort Worth and McKinney. The stores are each approximately 95,000 sq. ft. in size and include WinCo’s newest decor package creating an efficient, clean feel that highlights product and coordinates with the hundreds of WinCo Foods private label products the company has recently introduced.

The Fort Worth store will initially employ approximately 180 individuals, 170 of which have been hired locally and the McKinney store will open with approximately 170 employees, 160 hired locally.

Fort Worth store manager Casey Ray transfers to the store from Roy, Utah, and has been with the company for 13 years. McKinney store manager Hollie Keller transfers to the store from Kent, Wash. and is a 25 year veteran with WinCo Foods.

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MARKETING/SOCIAL MEDIA

HSNi names United Entertainment Group as agency of record

BY Dan Berthiaume

St. Petersburg, Fla. — The United Entertainment Group (UEG), a global entertainment and marketing agency, has been chosen by HSNi to become its marketing partnership agency of record.

As part of the deal, UEG and its partner UTA (United Talent Agency) will utilize its combined presence in Hollywood and on Madison Avenue to build upon HSNi’s ongoing foray into integrating entertainment and retail by building partnerships that consist of celebrity brands, music platforms, television and film collaborations, and like-minded brand partnerships.

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FINANCE

Ingles net income drops on higher sales

BY Dan Berthiaume

Asheville, N.C. – Ingles Markets, Inc. reported net income of $9.5 million during the first quarter of fiscal 2014, down 18% from $11.6 million during the same period a year earlier. Net sales rose 1.1% for the quarter, to $945.1 million from $935 million.

Grocery same-store sales decreased 0.8%. In addition, operating expenses rose, which may have contributed to the decline in net income. Robert P. Ingle II, CEO of Ingles, also cited holiday price-cutting measures.

“We wanted to keep prices low for our customers throughout the holiday season,” said Ingles. “We believe these actions strengthened ties with our customers and will benefit us in the long run.”

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