Tuesday, September 28, 2010

Weekly News Round Up- 9/20-9/27: Little Box? Mini Wal-Mart Might Be Headed To Your Neighborhood

Trader Joe's Opens to Excited Upper West Siders
Leis and steel drum musicians greeted shoppers as they ventured down escalators to the the subterranean floors featuring the store's signature groceries and competitive prices. 

Fresh Foods Boost Target Sales
As Target tries to "engineer a rejuvenation of top-line performance," the addition of P-fresh departments at existing discount stores has the potential to boost comparable-store sales by up to 1%. 

Target Unveils Small-Store Plans
Officials of the company revealed the plans at a press event. The urban stores, measuring 60,000 to 100,000 square feet would focus on basic necessities. 

Pathmark Store in Monsey Prepares to Close
Monsey, NY-- A supermarket that has long served a diverse area of Rockland will close, leaving low-income residents- many of whom lack cars- a few options for buying groceries. 

Retailers Weigh In On Possible Plastic Bag Ban
Wilton,CT-- "The hope is that this Plastic Bad Ordinance will be a positive step for Wilton to adopt as an environmentally friendly initiate."

A&P Launches New Rewards Program 
Montvale, NJ-- A&P, Walbaums and SuperFresh stores operated by A&P here have launched a new rewards program offering 5% discount certificates for every $300 in qualified store purchases. 

A&P Elects Thomas Casey to The Company's Board of Directors

Kroger and UFCW Local 75 Ratify Agreement
"This agreement provides our associates one of the best total compensation packages in our industry. It includes good wages, high-quality affordable health care and a pension when they retire." - Bruce Macaulay, President of Kroger's Columbus Division. 

More Aldi Customers See Money Missing From Accounts
Indianapolis, IN-- More victims of debit card security breach affecting the Aldi supermaket chain are coming forward and they say their money is being stolen in California.

Aldi Delays Distribution Centre Due to Planning
Discount retail giant Aldi has blamed planning difficulties affecting its nationwide expansion plans for its decision to postpone the opening of a massive regional distribution centre in the south by two years 

Aldi Store Opens in Milford CT
Aldi opened its doors yesterday after two years in the making, giving shoppers a snapshot of the future store. 

ShopRite Donates to Veteran Organizations
ShopRite has donated $20,000 to benefit three non-profit veteran organizations aiding service men and women and their families in the Metropolitan area. 

Little Box? Mini Wal-Mart May Be Headed To Your Neighborhood
Big box store, Wal-Mart, is trolling New York City for retail space to open miniature versions of its national superstores. 

Wall Street Journal: Wal-Mart Uses FedEx to Expand Urban Push
Walmart Stores Inc. is experimenting with allowing customers to buy merchandise online and have it delivered free to urban FedEx locations, a bid to boost sales in big cities where the retailer has little or no store presence. 

Wal-Mart Offers $4 Billion for S.Africa's Massmart
Wal-Mart is in talks to buy South Africa's Massmart, a $4 billion deal that would give the retailer a big presence in fast-growing Africa and bolster its emerging markets strategy. 

Walmart Decision Delay Again
The delay would give commissioners time to prepate lists of the additional information they said they want before deciding whether to certify the Environmental Impact Report and approve the project's development plan.

Wal-Mart Sets Sights on San Francisco
As a part of its new "urban strategy" the world's largest retailer, Wal-Mart is looking to open two dozen stores in the Bay Area 

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