Mass Market Retailers back issues from November 2002:
Minyard Plano store. (Industry News).(Minyard Food Stores Inc. converts store to Carnival brand)(Brief Article)
Nov 04, 2002 ... Minyard Food Stores Inc. has converted the Sack'n Save Warehouse Food Store that it operates in Plano, Texas, to the supermarket chain's Carnival banner. The 70,550-square-foot outlet, which is the largest in the 24-unit ...
Sam's on-line grows. (Industry News).(Sam's Club sells appliances on web site)(Brief Article)
Nov 04, 2002 ... The Sam's Club division of Wal-Mart Stores Inc. has expanded the selection of appliance products that it offers on its web site, samsclub.com. Under a partnership with ...
Eckerd Tampa card. (Industry News).(Senior Rewards Card)(Brief Article)
Nov 04, 2002 ... Eckerd Corp. has introduced its Senior Rewards Card in 159 of its stores in the Tampa, Fla., area. The card, which enables holders who ...
New Acme location. (Industry News).(Acme Markets Inc. to build in Philadelphia)(Brief Article)
Nov 04, 2002 ... Acme Markets Inc. plans to build a 50,000-square-foot food and drug combination store on a 3.5-acre portion of an 86-acre tract formerly ...
FTC probes Rx privacy, marketing.(Federal Trade Commission investigates Walgreen Co., Rite Aid Corp.)(Brief Article)
Nov 04, 2002 ... WASHINGTON -- The Federal Trade Commission (FTC) is probing into issues of customer privacy and marketing policies at Walgreen Co. and Rite Aid Corp. Last month the FTC began investigating Camp Hill, Pa.-based Rite Aid in these areas. The drug store chain, which has not been ...
Bush proposes generics rule.
Nov 04, 2002 ... WASHINGTON -- President George Bush has proposed new regulations that would accelerate the approval of generic versions of prescription drugs. The proposed rules would limit brand name drug manufacturers to one 30-month waiting period for each generic drug application. ...
Pathmark realigns top ranks.(Pathmark Stores Inc. promotes Eileen Scott to CEO, Frank Vitrano to president and COO)
Nov 04, 2002 ... CARTERET, N.J. -- Pathmark Stores Inc. has promoted Eileen Scott to chief executive officer and Frank Vitrano to president and chief administrative officer. In addition, board member Steven Volla has been named nonexecutive chairman. The appointments follow the ...
New turn at Kmart. (Spotlight).(new color scheme, store design at prototype)
Nov 04, 2002; ... WHITE LAKE, Mich. -- Kmart Corp.'s vision for the future includes a bright new color scheme and a better showcase for the company's exclusive brands. Those are among the most obvious features of the new prototype store the retailer unveiled here last month. Instead of a big red ...
Bad times for Martha Stewart. (News).(civil charges for securities fraud may be filed)
Nov 04, 2002 ... NEW YORK -- The Securities and Exchange Commission's enforcement arm intends to recommend filing civil charges of securities fraud against Martha Stewart, according to sources familiar with the investigation. The Justice Department is already investigating the matter. Neither ...
FTC investigates Kroger acquisition. (News).(Kroger purchase of Raley's units)(Brief Article)
Nov 04, 2002 ... CINCINNATI -- The Federal Trade Commission (FTC) is probing Kroger Co.'s recent acquisition of 18 Raley's units in Las Vegas. Kroger, the nation's largest supermarketer, bought the Raley's outlets for an undisclosed price on September 13 in a deal that was expected to dose within 30 days ....
Ames seeks court OK. (News).(Ames Department Stores Inc. seeks loan to close operations)(Brief Article)
Nov 04, 2002 ... ROCKY HILL, Conn. -- Liquidating discounter Ames Department Stores Inc. is seeking bankruptcy court approval for a new $100 million debtor-in-possession (DIP) loan in order to close down its operations. The financing would be provided by Kimco Funding LLC, which earlier had ...
Scoreboard. (Money News).(sales data, various retailers and manufacturers)(Illustration)
Nov 04, 2002 ... <Pre> SCOREBOARD Quarter Dollar% RETAILERSEnded Sales Change Burlington Coat (1) 08/31506.1 mil +12.1 Costco (2) 09/01 12.1 bil +10.4 A&P (3) 09/07 ...
Good news at Winn-Dixie. (Money News).(investment rating upgrade)(Brief Article)
Nov 04, 2002 ... GOOD NEWS AT WINN-DIXIE: Lehman Brothers upgraded its investment rating on Winn-Dixie Stores Inc. to "equal weight" from "underweight," saying that the grocery chain is making progress in turning around its business. Analyst Meredith Adler said improvements included exiting unprofitable ...
A&P ratings cut. (Money News).(corporate credit rating)(Brief Article)
Nov 04, 2002 ... A&P RATINGS CUT: Standard & Poor's Ratings Services has lowered its corporate credit rating on A&P to ...
Penney CEO says turnaround on track. (Money News).(Allen Questrom, J.C. Penney Co.)(Brief Article)
Nov 04, 2002 ... PENNEY CEO SAYS TURNAROUND ON TRACK: J.C. Penney Co. chairman and chief executive officer Allen Questrom said after a recent meeting with analysts that the ...
Weis announces quarterly dividend. (Money News).(Weis Markets Inc.)(Brief Article)
Nov 04, 2002 ... WEIS ANNOUNCES QUARTERLY DIVIDEND: Weis Markets Inc.'s board has declared a quarterly ...
Marsh Supermarkets outlook revised. (Money News).(Brief Article)
Nov 04, 2002 ... MARSH SUPERMARKETS OUTLOOK REVISED: Standard & Poor's Rating Services has revised its outlook on Marsh Supermarkets Inc ....
Moody's rates Rite Aid. (Money News).(speculative grade liquidity rating)(Brief Article)
Nov 04, 2002 ... MOODY'S RATES RITE AID: Moody's Investors Services assigned a speculative grade liquidity rating of "SGL-3" to Rite Aid Corp. The rating reflects Moody's view that the company's operating cash flow ...
Biggest gainers.(stock prices, various retailers)(Brief Article)(Illustration)
Nov 04, 2002 ... <Pre> BIGGEST GAINERS Close Change% Stock 10/11/02 vs. 10/4/02 Change 99 cents Only 25.39+4.04 +18.9 Duane Reade16.53+2.51 +17.9 Winn-Dixie 15.05+2.07 ...
Biggest losers.(stock prices, various retailers)(Brief Article)(Illustration)
Nov 04, 2002 ... <Pre> BIGGEST LOSERS Close Change% Stock 10/11/02 vs. 10/4/02 Change A&P 6.82-1.28 -15.8 Sears33.72-3.92 -10.4 drugstore.com 1.36-0.14 -9.3 ...
Most active.(stock data, various retailers)(Brief Article)(Illustration)
Nov 04, 2002 ... <Pre> MOST ACTIVE Vol. (000) As a% Change vs. 1 Wk. Ended of Total 1 Wk. Ended Stock 10/11/02 Shares 10/4/02 Sears 55,648 14.2 +188.0 Fleming 8,637 22.5 ...
A&P posts $144.7 million loss. (Spotlight).
Nov 04, 2002 ... MONTVALE, N.J.--Dogged by $134.8 million in charges and a weakened operating performance, A&P sustained a $144.7 million net loss during the 12 weeks ended September 7. Before those items A&P lost $9.9 million, still more than the $1.74 million net loss listed during last year's second ...
Costco net up 16.3% in fiscal 2002. (Money).(Costco Wholesale Corp.)
Nov 04, 2002 ... ISSAQUAH, Wash. -- Costco Wholesale Corp. recovered nicely from slightly depressed prior-year results during the 16- and 52-week periods that ended on September 1. Fourth quarter net climbed 29.7% to $247.4 million on a 10.4% increase in total revenues to $12.3 billion. This ...
Credit card operations hurt Sears bottom line. (Money).(Sears, Roebuck and Co. third quarter net income)
Nov 04, 2002 ... HOFFMAN ESTATES, Ill. -- After significantly boosting its provision for uncollectible credit card accounts, Sears, Roebuck and Co. saw third quarter net income fall 27.9%. The worse-than-anticipated performance, coupled with a warning about fourth quarter earnings, triggered a ...
Winn-Dixie profits grow 11.9%. (Money).(Winn-Dixie Stores Inc.)
Nov 04, 2002 ... JACKSONVILLE, Fla. -- Winn-Dixie Stores Inc. parlayed increased sales and improved gross margins into a double-digit rise in earnings from continuing operations in the first quarter of fiscal 2003, surpassing analysts' forecasts in the process. For the 12 weeks ended September ...
Weis records double-digit income gains for quarter, year. (Money).(Weis Markets Inc.)(Brief Article)
Nov 04, 2002 ... SUNBURY, Pa. -- Reaping the benefits of improved gross margins and cost controls as well as a real estate gain, Weis Markets Inc. recorded double-digit increases in net income for both the third quarter and the year to date. The regional supermarket operator saw its bottom line ...
Mass retail should do better than most. (Opinion).(holiday shopping)
Nov 04, 2002; ... What do the holidays hold in store for retailers? On the whole there has not been a lot of reason for optimism. In early October the University of Michigan's consumer sentiment index dropped five points in one month to hit a nine-year low, far exceeding analysts' expectations. ...
Jim Donald's steps to success. (Opinion).(retailing veteran addresses Columbia University students)
Nov 04, 2002; ... Jim Donald spoke at Columbia University recently. He lectured a class of graduate students completing a course of study leading to a master's degree in business. As is always the case when Donald speaks, he engaged the audience's attention early, held it throughout his 45-minute ...
Study poses questions on Warehouse Club growth. (Opinion).(Brief Article)
Nov 04, 2002 ... NEW YORK -- The heyday of warehouse club growth may be drawing to a close. Echoing the recent warnings of analysts, a new report from consulting firm Retail Forward Inc. predicts that the sector can look forward to decelerating growth over the next five years as heightened ...
Excedrin pain relief. (Merchandising News).
Nov 04, 2002 ... EXCEDRIN PAIN RELIEF: Bristol-Myers Squibb Co. has introduced Excedrin Brand QuickTabs, an adult over-the-counter headache medication that dissolves in the mouth. Available in a 16-count box selling ...
New Just Born candy. (Merchandising News).
Nov 04, 2002 ... NEW JUST BORN CANDY: Just Born Inc. has expanded the Mike and Ike candy product line to include buttered popcorn and cherry cola flavors. Available in an 8-ounce box ...
Browne skin items. (Merchandising News).(E.T. Browne Drug Co. expands Palmer's Skin Success line )(Brief Article)
Nov 04, 2002 ... BROWNE SKIN ITEMS: E.T. Browne Drug Co. has expanded its Palmer's Skin Success line to include Eventone daily skin brightener and Eventone brightening facial mask. The skin brightener incorporates vitamins C and E ...
Disney DVD/VHS debut. (Merchandising News).
Nov 04, 2002 ... DISNEY DVD/VHS DEBUT: Walt Disney Home Entertainment, distributed by Buena Vista Home Entertainment Inc., and Pixar Animation Studios has released the animated theatrical ...
Mr. Coffee celebrates 30th year. (Merchandising).(Repositioning campaign targets young consumers)(Brief Article)
Nov 04, 2002 ... BOCA RATON, Fla. -- The Mr. Coffee brand division of Sunbeam Corp. is celebrating the 30th anniversary of its Mr. Coffee label with a repositioning campaign that targets young consumers. Designed to help the Mr. Coffee label attract people in the 35- to 46-year-old range while ...
Category performance study. (Merchandising).(Food continues to be a vital source of sales not just for supermarkets but, increasingly, for drug and discount outlets )
Nov 04, 2002 ... NEW YORK -- Defying the vagaries of the economy, food continues to be a vital source of sales not only for supermarkets but, increasingly, for drug and discount outlets as well. The data presented beginning on page 25 for 12 of the largest nonperishable food and beverage ...
Study tracks out-of-stocks. (Merchandising).(Brief Article)
Nov 04, 2002 ... WASHINGTON -- Approximately 47% of out-of-stocks are caused by inadequate forecasting and ordering, and another 25% are the result of poor shelf management, according to a new global study by the Grocery Manufacturers of America, the Food Marketing Institute and the Food Business Forum. ...
RSI, NRS to enhance services. (Merchandising).(Retail Solutions International Inc. partners with National Retail Services in retail merchandising services)(Brief Article)
Nov 04, 2002 ... LINCOLN, R.I. -- Retail Solutions International Inc. (RSI) has partnered with National Retail Services (NRS) to enhance the retail merchandising services that both firms provide to consumer goods companies. Under the agreement RSI, a technology-based consulting group, is ...
Category performance study.(One of the tabulations provides sale data for supermarkets, drug stores and Wal-Mart)(Illustration)
Nov 04, 2002 ... <Pre> CATEGORY PERFORMANCE STUDY Total Dollar Sales: Total Unit Volume:$3.43 bil (-2.9%) * 1.68 bil (-6.3%) * Percent ChangePercent Change SUPERMARKETS -3.1%-6.5% DRUG STORES +8.4%...
`Ethnic hair care a gateway'. (Hair Care).(Greatest growth potential in ethnic market is in such health and beauty care areas as hair care and skin care)
Nov 04, 2002 ... NEW YORK -- Ethnic populations: African-American, Asian and Hispanic, all are growing at a faster rate than the overall population of the United States, according to the nation's Census Bureau. Not surprisingly, mass market retailers are stepping up their efforts to appeal to this growing ...
Holding its own in tough times. (Merchandising).(Hair care category holds its own )
Nov 04, 2002 ... NEW YORK -- Hair care faces the same challenges as other mature categories in the mass market, but it also benefits from a demonstrated ability to hold its own in tough economic times. "People continue to buy the category's core products, especially shampoo and conditioners, no ...
Building brand awareness, loyalty via daily-use consumers. (Merchandising).(Daily hair care products lead the way in hair care sector)
Nov 04, 2002 ... NEW YORK -- Hair care is a particularly important category within the overall health and beauty aids mix at mass market outlets because one segment--daily hair care products--is unmatched in its consumable nature and frequency of use. Those characteristics spur frequent purchases, drawing ...
The one-two punch in hair care. (Hair Care).(Shampoos and conditioners lead the category)(Illustration)
Nov 04, 2002 ... NEW YORK -- Shampoos and conditioners are the one-two punch in the hair care category for mass market retailers, generating almost $3 billion in combined sales through food, drug and discount stores. While this is a mature segment and in many respects a commodity business, manufacturers do ...
Mass retail as outlet of choice. (Merchandising).(Mass market retailers want to be outlet of choice for those buying hair care products)
Nov 04, 2002 ... NEW YORK -- Mass market retailers want to be the outlet of choice for hair care consumers, but achieving that goal is no small challenge. According to research by Unilever HPC, crafting a successful mix in hair care is more difficult than in other health and beauty aids categories, such as ...
Intros, trends impact styling. (Merchandising).(Hair care styling products are being introduced)
Nov 04, 2002 ... NEW YORK -- Styling products represent one of the hottest segments in the hair care category of late, thanks to a spate of exciting product introductions and some conducive trends in the hairstyling arena. "Today's women are more adventurous and willing to try lots of different ...
Winn-Dixie tabs VPS. (People News).(Brief Article)
Nov 04, 2002 ... Winn-Dixie Stores has elected Charlotte, N.C., division manager Joel Barton vice president and Stephen deRiesthal vice president of real estate. Previously Barton served as executive ...
Shift at Coles Myer. (People News).(Coles Myer Ltd. names Rick Allert board chairman)(Brief Article)
Nov 04, 2002 ... Coles Myer Ltd. has named Rick Allert board chairman. He succeeds Stan Wallis, who ...
Coca-Cola changes. (People News).(Brief Article)
Nov 04, 2002 ... Coca-Cola Enterprises has named Rick Engum vice president, controller and principal accounting officer to succeed Michael Coghlan, who will be retiring later this month. Coghlan has been with the company since 1986 ...
Home depot exec vp. (People News).(Brief Article)
Nov 04, 2002 ... Home Depot Inc. has named John Costello executive vice president and chief marketing officer. He is responsible for the company's ...
Gordon Bros. head. (People News).(Names Mark Schwartz president)(Brief Article)
Nov 04, 2002 ... Gordon Bros. has named Mark Schwartz president. His responsibilities are to include driving the expansion of the ...
Cott exec honored. (People News).(Cott Corp.'s chairman, president and CEO Frank Weise is Beverage World's "Executive of the Year")(Brief Article)
Nov 04, 2002 ... Cott Corp.'s chairman, president and chief executive officer Frank Weise has been named "Executive of the Year" by ...
Kmart's day makes it happen. (Spotlight).(President and COO Julian Day is behind move to let store management teams make certain product ordering decisions)
Nov 04, 2002; ... WHITE LAKE, Mich. -- Much of what Kmart Corp. hopes to become is evident in the store prototype unveiled here recently, which is bright, appealing and easy to shop. Kmart president and chief operating officer Julian Day, on hand to help show off the concept, also pointed out ...
Exec level changes at Ahold USA. (People).(Brief Article)
Nov 04, 2002 ... CHANTILLY, Va. -- Gary Preston, currently chief administration officer of Ahold USA Inc., has assumed the additional post of business chief information officer at Ahold Information Services (ALS) in one of several management appointments to the Ahold USA information technology leadership ...
Gatta goes to Longs as a group vp. (People).(Brief Article)
Nov 04, 2002 ... WALNUT CREEK, Calif. -- Longs Drug Stores Inc. has named Larry Gatta to the post of group vice president of category management. Gatta, who had been category manager at Rite Aid Corp., where he oversaw marketing and procurement, will now be responsible for product selection as ...
Broomfield new Penn traffic vp. (People).(Brief Article)
Nov 04, 2002 ... SYRACUSE, N.Y. -- Penn Traffic Co. has hired Mike Broomfield as senior vice president of retail stores. In that position he is responsible for the operations as well as the financial performance of the chain's 216 outlets. Broomfield formerly served as chief operating officer of ...
Shopko names general counsel. (People).(Brief Article)
Nov 04, 2002 ... GREEN BAY, Wis. -- ShopKo Stores Inc. has named Steven Andrews senior vice president and general counsel. In the latter post Andrews is responsible for all legal matters involving ShopKo and its Pamida Stores subsidiary. He also advises ShopKo's directors on issues regarding ...
Weight loss & nutrition. (Special Advertizing Section: Who's Who in Weight Loss & Nutrition 2002).(Vitamin and nutritional supplements sales rose 6.7% in 2001)
Nov 04, 2002 ... NEW YORK -- The vitamin and nutritional supplements categories may not be performing as spectacularly as they were just a few years ago, but they still represent strong and profitable businesses with abundant growth potential. Total industry sales actually advanced 6.7% in 2001, ...
NX nutraceuticals. (Special Advertizing Section: Who's Who in Weight Loss & Nutrition 2002).
Nov 04, 2002 ... Nx Nutraceuticals has established itself as a leading supplier of sexual performance enhancement products and a producer and distributor of diet aids and other nutritional supplements. The company's mainstay offering is its Veromax for Men sexual performance enhancer, an ...
Pharmaton. (Special Advertizing Section: Who's Who in Weight Loss & Nutrition 2002).
Nov 04, 2002 ... The success that Pharmaton Natural Health Products has enjoyed with its natural health solutions is based on the company's ability to develop and market innovative dietary supplements and other products whose efficacy is supported by scientific evidence. "The entire portfolio of ...
Windmill. (Special Advertizing Section: Who's Who in Weight Loss & Nutrition 2002).(Windmill Health Products expands lines of diet aids and nutritional supplements )
Nov 04, 2002 ... Expansions in Windmill Health Products' lines of diet aids and nutritional supplements show that the supplier is maintaining its commitment to meet consumer demand for effective nutritional items. "The mission of our company is to provide consumers with the finest-quality ...
U.S. Pharmacopeia. (Special Advertizing Section: Who's Who in Weight Loss & Nutrition 2002).(United States Pharmacopeia creates Dietary Supplement Verification Program to help consumers who use dietary supplements)
Nov 04, 2002 ... The United States Pharmacopeia (USP) created its Dietary Supplement Verification Program (DSVP) to help inform and safeguard the growing number of consumers who use dietary supplements. The program was developed in response to the need to assure the public that dietary ...
Family Dollar opens. (Industry News).(Family Dollar Stores Inc. opens 27 stores in 4-week period)(Brief Article)
Nov 18, 2002 ... FAMILY DOLLAR OPENS: Family Dollar Stores Inc. opened 27 stores in the four-week period ended November 2, bringing the extreme-value chain's store count to 4,636. The unit locations include ...
Giant Eagle lease. (Industry News).(agrees with Snyder Drug Stores Inc. on lease of Tamco Distribution Center)(Brief Article)
Nov 18, 2002 ... GIANT EAGLE LEASE: Giant Eagle Inc. and Snyder Drug Stores Inc. have agreed on the lease and operation of of the Tamco Distribution Center in Austin Township, Ohio, by ...
Stater Bros. store. (Industry News).(Stater Bros. Markets to open new Adelanto, California store)(Brief Article)
Nov 18, 2002 ... STATER BROS. STORE: Stater Bros. Markets, the largest locally owned supermarket chain in southern California, has completed negotiations to ...
Penn Traffic credit. (Industry News).(amends credit facility)(Brief Article)
Nov 18, 2002 ... PENN TRAFFIC CREDIT: Penn Traffic Co. has amended its credit facility in order to permanently waive defaults that have arisen due to an employee accounting fraud at its Penney Curtiss division. Penn Traffic agreed to ...
Albertsons feels the squeeze. (Spotlight).(lowers profit targets)
Nov 18, 2002; ... BOISE, Idaho -- Citing a sluggish economy and intensified competition that have eroded sales, Albertsons Inc. lowered its profit targets for both the third quarter and full 2002 fiscal year. An accelerating drop in sales toward the end of the third quarter led the nation's ...