January 10, 2013

In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

January 9, 2013

More than 274 billion Free Standing Insert coupons were distributed in 2012, marking a 0.8% increase in activity versus 2011, as retailer promotion pages also rose by 5.2% during the year with Walmart snagging the top spot followed by Walgreens, according to Kantar Media.

January 8, 2013

Target Corp. has launched a campaign to price match online retailers, the mass-merchandise retailer said.

December 27, 2012

Supervalu last week settled its suit enforcing a non-compete clause against former president Leon Bergmann, the Minneapolis/St. Paul Business Journal reported last week.

December 13, 2012

Target announced plans to open a new store in Baltimore by October 2013. The retail giant has said approximately 200 new team members will be hired for the new location, part of the Canton Crossing Shopping Center on Boston Street.

December 10, 2012

Caribou Coffee, originally founded by Kim and John Puckett, is celebrating its 20th anniversary on Dec. 14.

December 3, 2012

Supervalu on Friday confirmed that a previously announced review of strategic alternatives is proceeding, sparking a slight run on the company's stock.

November 30, 2012

Former Unilever Group executive has been appointed EVP and CFO of Regis, a provider of beauty salons, hair restoration centers and cosmetology education.

November 30, 2012

MINNEAPOLIS — Nash Finch, a Minneapolis-based food distributor, has announced that Kevin Elliott has been appointed EVP, president and COO of Nash Finch Wholesale/Retail.

Elliott previously served as SVP of merchandising, logistics and marketing at 7-Eleven. Elliott worked at 7-Eleven from 2001 to 2010, where he was responsible for overseeing the corporate store and franchise operations as well as 7-Eleven’s national distribution network comprised of 26 distribution centers.

November 30, 2012

Supervalu confirmed on Thursday that the previously announced review of strategic alternatives is proceeding, and it continues to be in active discussion with several parties.

November 29, 2012

Novelty gift company 30 Watt introduced its latest prank gift for the outlet-challenged. Billed as a “solution” for hard-to-reach electrical devices, Connect-A-Cord is actually 50 1-ft. sections of extension cord.


November 26, 2012

Target will unveil an exclusive collection of shoes made by Sam and Libby starting in May 2013, the mass merchandise retailer said Monday.

November 15, 2012

A 2.9% third-quarter same-store sales increase and the sale of its credit card business pushed Target’s third-quarter profit up 17.6% to 96 cents a share.

October 18, 2012

While Supervalu has completed its overhaul of its value proposition across its Jewel-Osco banner, the grocer will be analyzing the impact before replicating the price repositioning across its entire chain.

October 18, 2012

Supervalu on Thursday morning announced it has named Janel Haugarth to lead its independent business organization, replacing Leon Bergmann, who has decided to leave the company.

October 18, 2012

Target is enticing shoppers this holiday season with new initiatives, including price match, exclusive gift offerings and shoppable advertisements.

October 4, 2012

Target will roll out QR codes in stores in time for the holiday shopping season.

September 26, 2012

Contradicting claims that showrooming undermines retail sales, new survey results from loyalty management company Aimia revealed that showroomers exhibit more loyal behavior than nonshowroomers, making them an ideal target for retailers.

September 21, 2012

Target customers who receive the retailer's mobile coupons now can access them on their iPhone or iPod Touch via Passbook.

September 20, 2012

Supervalu on Thursday announced the appointment of Kathy Persian as SVP and chief information officer.

September 11, 2012

Yoplait has kicked off its annual Save Lids to Save Lives breast cancer awareness campaign.

September 7, 2012

MOM Brands has boosted its Three Sisters cereal line with the addition of two new varieties.

September 5, 2012

Supervalu on Wednesday afternoon announced it will close approximately 60 underperforming or nonstrategic stores this fiscal year, including 38 in its retail food reporting segment and 22 Save-A-Lot locations.

August 29, 2012

Moving ahead with its previously announced turnaround strategy, Supervalu said it has overhauled its executive leadership team.