Lidl is expanding again, focusing on the its existing East Coast markets and especially New York City. Lidl’s website reported the deep discount supermarket operator opened two stores on June 28, one in Washington, DC, the other in Greensboro, NC. The company...
A strong fourth quarter helped Publix post solid financial gains in 2022. Net earnings for the three months ended December 31, 2022, were $1.3 billion, or 38 cents per share, versus $1.1 billion, or 31 cents per share, in the year-earlier period, adjusted for the...
The Kroger Co. and Albertsons Cos. have announced that they have entered into a definitive merger agreement a day after reports emerged about ongoing negotiations between the two companies. In a joint press release, the companies reported that the deal would merge two...
Inflation is a bigger concern than COVID-19 for Father’s Day shoppers according to a survey conducted by Numerator. In the survey, 61% of consumers said they expected inflation to have an effect on their plans versus 36% who said they expected the pandemic to have an...
Housewares and supermarket industry veteran Edward Spitaletta, who pioneered Clip Strip point-of-purchase merchandising, passed away this week. He was 91. Spitaletta’s career started in 1955 as a route driver for a wholesale rack jobber in Jersey City, NJ. He later...
