BJ's Wholesale Club has announced the opening of its newest New York location at 711 Stewart Avenue in Garden City. The 125,000 square-foot club offers significant savings on groceries and general merchandise including premium consumer electronics and brand-name appliances. Additionally the Club will feature a fresh bakery, BJ's Cafe, deli, optical services, rotisserie chicken and Verizon Wireless. …
Whole Foods Market, Inc. announced an agreement to purchase six leases from Johnnie's Foodmaster, a family-owned grocery chain based in Chelsea, Massachusetts. The transaction is expected to close November 30, 2012. Johnnie's Foodmaster will close all six locations prior to the closing date. …
Tesco's billion pound gamble to crack the United States may have only months to run as investors and management focus more squarely on the British retailer's struggling home business and slowing growth in emerging markets. …
Grupo Bimbo SAB said quarterly profit fell for a fourth consecutive quarter as the world’s largest bread maker absorbed higher wheat costs and expenses integrating Sara Lee’s North American bakery business. …
Flowers Foods, Inc. announced that the United States Department of Justice has approved an agreement under which Flowers will acquire certain assets and trademark licenses from BBU, Inc., a subsidiary of Grupo Bimbo S.A. B. de C.V. The financial terms of the transactions were not disclosed. …
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