Month: June 2013

CFO Richard Galanti said during the warehouse club’s quarterly earnings call yesterday that its strongest U.S. sales increases came from its 19 stores in Texas. Galanti said Thursday that Costco plans to open 150 stores over the next five years. …

Pro’s Ranch Markets, a family-owned chain of grocery stores that has operated in Arizona for 11 years and was twice named Arizona Retailer of the Year, announced today that the company, which also has stores in Texas and New Mexico, has voluntarily filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. …

Advantage Sales & Marketing LLC (ASM) today announced the acquisition of Pryority Food Marketing, Inc. (Pryority), a food brokerage company focused on meat, deli, specialty cheese, seafood, frozen and dairy clients and customers. Terms of the transaction were not disclosed. …

Whole Foods Market, the upscale purveyor of organic and local food, is opening a new store in economically struggling Detroit June 5 as part of its repositioning as a go-to grocery store for everyday staples for shoppers on any budget. Experts see branding risk to Whole Foods' high-quality image. …

Although Amazon Fresh has been around since 2007, it has never expanded beyond a few Seattle zip codes. It's an experiment that hasn't gone any further.  And yet Amazon still appears to be working on a plan to roll out grocery delivery nationwide, according to a number of recent reports.

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