Store Brands

NOV 2016

Store Brands delivers unprecedented strategic and tactical information needed by retail executives to develop and support compelling, differentiated store brand programs to build customer loyalty.

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Store Brands' Extra: Year in Review 6 8 Store Brands / November 2016 / www.storebrands.info Giordano, Ralphs division president, effective July 23. Valerie Jabbar, currently vice president of merchandising for Ralphs, would succeed Giordano as president, the retailer stated. June also saw Albertsons Companies announcing that the 15 core Haggen Northwest Fresh stores would begin operations as a standalone business unit in the Albertsons Companies family of banners. "Founded in Bellingham in 1933, Haggen is here to stay in the Northwest," said John Clougher, who Albertsons said would continue to lead the 15 Haggen stores as group vice president and general manager. And Brookshire Grocery Co. said that it was acquiring 25 former Walmart Express stores, which it would reopen under its new banner: Spring Market. The name "Spring Market" represents and honors the company's history, which began in 1928 with the opening of its first store on Spring Avenue in Tyler, Texas. The stores would offer hometown convenience in an easy-to-shop format with an assortment of products at competitive prices, the retailer said. Also in June, Fairway Market parent Fairway Group Holdings announced that its reorganization plan was unanimously accepted by 100 percent of voting secured lenders and confirmed by the bankruptcy judge. Fairway said it expected to emerge from bankruptcy during the week of June 20 with approximately $50 million in cash, a substantial reduction of its debt by $140 million and a reduction of Fairway's annual debt service obligations by up to $8 million. Supervalu, meanwhile, said it filed Amendment No. 1 to its Form 10 Registration Statement with the U.S. Securities and Exchange Commission in connection with the possible spin-off of its Save-A- Lot banner into a separate publicly traded company. Among other changes, the amendment included Save-A-Lot's recent financial results and detailed the company's expectations that immediately following a spin-off, Supervalu stockholders would directly own approximately 60 percent of the outstanding shares of common stock of Save-A-Lot, and that Supervalu would retain approximately 40 percent of the outstanding shares of common stock of Save-A-Lot. And wholesaler Western Family Foods Inc. planned to consolidate with purchasing organization Topco Associates LLC, Elk Grove Village, Ill., and would close its Tigard, Ore., headquarters at the end of the year, according to a June 13 article on PortlandTribune.com. Topco would continue to distribute Western Family's line of private brand products to retailers across the country, the article stated. June also saw Jacksonville, Fla.-based Southeastern Grocers, parent company of BI-LO, Winn-Dixie and Harveys, announcing the debut of a new store banner: Fresco y Más. The first location, located in a former Winn-Dixie store in Hialeah, Fla., an area with a large Hispanic population, provides products and services that meet the needs of the local community while offering quality and value. And Save Mart Supermarkets, Modesto, Calif., said it changed its corporate name to The Save Mart Companies. The company operates a number of retail banners, including Save Mart, Lucky, Lucky California, FoodMaxx, S-Mart and MaxxValue. Besides providing a clear distinction between its Save Mart stores and the parent company, the new company name better represents the collective strength of the corporate entity, the company noted. In store brand news, Batavia, Ill.-based ALDI Inc. said its first full line of baby products, Little Journey, was set to hit all of its stores in August. Little Journey would feature nearly 50 high-quality, affordably priced everyday essentials parents and children need, the retailer stated, including cleansing wipes, diapers, training pants, four infant powder formulas, one toddler formula and infant-to-toddler snacks. "Our ALDI customers spoke, and we listened," said Liz Ruggles, director of marketing, ALDI. "The Little Journey product line is another way we're using our shoppers' feedback to make grocery shopping as simple and convenient as possible. With Little Journey, we're able to better support and grow with our shoppers and their families — from those first smiles to the first day of preschool and beyond." ALDI also said it launched the Never Any! line of store brand meat products, which are free from

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