North American News
Sam's Club to Offer Loans Up to $25,000
Wal-Mart Inc.'s Sam's Club will begin offering loans of up to $25,000 to members in an effort to set itself apart from other warehouse chains and build goodwill to bring in more business. The loan program, which Sam's Club calls the first of its type, is aimed at boosting business for a Wal-Mart unit that is trying to raise its profile among the small businesses that make up a good deal of its clientele.
Lamb's Markets Installs Anti-Sweetheart System
Lamb's Markets, a five-store independent grocer, has rolled out technology to address "sweethearting" — deliberate non-scans by cashiers — as well as cashiers' mistakes.
El Super Set to Acquire Fiestas in So. Calif.
Bodega Latina Corp., doing business as El Super, said Tuesday it has entered into a definitive asset purchase agreement for 11 stores and the lease assignment of a warehouse from Fiesta Mexicana Market LP and Fiesta Warehouse, respectively.
Rock and Roll Trader Joe's
First we had a rock and roll Dennys, and a rock and roll Ralph's, now we have a rock and roll Trader Joe's in West Hollywood. The Trader Joe's is in the former Virgin Megastore Complex at Sunset and Crescent Heights and occupies the space that was once Sam Ash.
European News
Konzum To Open Fuel Stations
Konzum, Croatia's largest retailer and wholesaler, is reportedly set to add fuel stations at 10 of its local stores. Business news portal Bankamagazine said the chain, owned by the Agrokor conglomerate, is currently working on the paperwork needed to begin construction.
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