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Finance

Retailers

New Stores, Remodels Boost Village Super Market in Q1

The ShopRite operator will replace its Stroudsburg, Pa., unit as part of $40 million 2019 capital budget.

Retailers

Farmstead Raises $2.2M to Fuel Nationwide Expansion

The online grocer plans to launch in additional cities in 2019.

Comps climb on merchandising, convenience investments; annual sales top $4 billion.

"No silver bullet" for near-term Supervalu struggles; stock dives on first-quarter results and disappointing outlook.

Sales, comps and earnings were in expected ranges while investments cut into margins, officials said.

The Ahold Delhaize brand is planning one new store and 24 remodels as part of a two-year, $175 million program.

The $330 million investment settles with holders alleging the company was in default.

1,000 remodels, 200 conversions on tap for fiscal 2019 as the discount banner continues to struggle in third-quarter 2018.

The membership club said it views metro Detroit as a "compelling" locale for market expansion.

The natural and organic retailer said effective marketing and promotions drove store traffic as sales leverage overcame the expenses.