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Talking shop: Major US chains eye small-format growth

Talking shop: Major US chains eye small-format growth

The convenience channel has become a source of growth for larger grocers in a number of markets. Even in the US, home of the big-box store, major players have tested the water, albeit with patchy success. The likes of Wal-Mart are upping their focus on smaller stores and, although they will not represent a short-term threat to America's 'Cokes and smokes' c-stores, indie operators need to be wary. Hannah Abdulla reports.

US: Publix Q3 earnings slide, stock increases

US retailer Publix booked a slight drop in earnings in the third quarter but saw its stock and sales increase. Net earnings in the three month period dropped to US$359.9m…

US: Publix to sell Pix c-store operations

US retailer Publix has announced plans to divest its Pix convenience chain as part of plans to focus on its core supermarket operations. Publix said today (23 October) that Circle K…

US: Publix to acquire seven Bi-Lo stores

US retailer Publix plans to purchase seven stores from local peer Bi-Lo Holdings for an undisclosed sum. The stores are located in North and South Carolina, the companies said. The…

US: Ingles Markets books Q3 loss

US retailer Ingles Markets has booked a third-quarter loss, hurt by a one-off charge. In the three months ended 29 June, Publix made a net loss of US$14.1m, compared to…

US: H1 profit, sales climb at retailer Publix

US regional retailer Publix saw its earnings and sales climb in the first half of the year. In the six month period, earnings reached US$872.1m, compared to a net profit…