14 Wednesday, February 04, 2009 Giant Eagle has plans to increase sales with its new state-of-the-art planogram program. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i9f631ea10a4997bcfdc45468c5c7d3ec 16 Thursday, February 05, 2009 In these tough economic times, the PA-based grocer attributes higher sales to aggressive merchandising and marketing. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i55545185203bc0b17c079208938ff70d 20 Thursday, February 05, 2009 The Company plans to open a loan production office in Mobile immediately with full service branch locations to follow. http://finance.yahoo.com/news/IBERIABANK-Corporation-Enters-prnews-14229454.html 18 Friday, February 06, 2009 Operations expected to continue uninterrupted through bankruptcy procedures and organizational restructuring. http://www.progressivegrocer.com/progressivegrocer/content_display/in-print/current-issue/e3i60a50594ba7b5639850a62f1bc1564ca 24 Tuesday, February 10, 2009 Is today's environment more favorable for the world's largest retailer to expand in Chicago? We're about to find out. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i423339706237af10c9febdf2c8d67b11 26 Tuesday, February 10, 2009 Wal-Mart announces it will cut 700 to 800 jobs at it's Bentonville headquarters, but will add employees in its stores. http://www.foxbusiness.com/story/markets/industries/retail/wal-mart-cut---jobs-headquarters-report/ 23 Tuesday, February 10, 2009 Nielsen details which retail channels are benefiting and which are suffering in today's economy. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i423339706237af105d6adca2a9444be3 27 Wednesday, February 11, 2009 Wegman announces expansion into the DC area, while Wal-Mart plans for more stores in Massachusetts. http://www.progressivegrocer.com/progressivegrocer/content_display/features/corporate-social-responsibility/e3i435ae21676ac9670c362174fe15e0f48 28 Tuesday, February 17, 2009 Charges from settling labor lawsuit drag on earnings, although US sales were up 6% to $71.46 billion. http://finance.yahoo.com/news/WalMarts-4Q-earnings-decline-apf-14376011.html 29 Tuesday, February 17, 2009 Chris Dodd's amendment to stimulus bill greatly alters how and how much TARP recipients can compensate their management. http://www.ft.com/cms/s/0/1acf059e-fa39-11dd-9daa-000077b07658.html?nclick_check=1 30 Tuesday, February 17, 2009 Henry Blodget and Christopher Whalen discuss the fundamental problems with Secretary Gaithner's plans. (video) http://finance.yahoo.com/tech-ticker/article/177093/Why-Geithner's-Bank-Fix-Will-Fail 31 Wednesday, February 18, 2009 U.S. Bank's Davis: "There is no A, R, or P in TARP. TROUBLED is the only word in that phrase that is accurate." http://www.bizjournals.com/sanfrancisco/stories/2009/02/16/daily40.html 32 Wednesday, February 18, 2009 In an aggressive pricing move, Wal-mart is slashing all fees associated with its prepaid MoneyCards. http://www.reuters.com/article/businessNews/idUSTRE51H1LK20090218 33 Wednesday, February 18, 2009 The nationalization of banks was practically unthinkable not long ago. Have the times changed that much? Maybe so. http://news.yahoo.com/s/ynews/20090218/pl_ynews/ynews_pl246 34 Monday, February 23, 2009 Customers able to make cash payments for their phone, utility, and other bills as well as reload prepaid debit cards. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i2f1cb016d0c17844cd42b5d3c006eb6f 36 Wednesday, February 25, 2009 Preferred shares to be purchased, may later be converted to common. http://news.yahoo.com/s/ap/20090225/ap_on_bi_ge/banks_stress_test 35 Wednesday, February 25, 2009 President Obama again calling for stronger financial sector regulation and government oversight. http://finance.yahoo.com/news/Obama-Financial-sector-needs-apf-14465870.html 37 Thursday, February 26, 2009 "Controlled breakup" could lead to the end of the 90-year-old global insurance conglomerate's independent status. http://www.ft.com/cms/s/0/d6ef2b7a-03a6-11de-b405-000077b07658.html?nclick_check=1 38 Friday, February 27, 2009 TARP funds to be converted to up to 36% equity holding by the US government in Citigroup. http://news.yahoo.com/s/ap/20090227/ap_on_bi_ge/citigroup_rescue 39 Wednesday, March 18, 2009 Five additional services to be offered in RediClinic's 21 HEB locations. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i9195894d101675e351c18eb50b88edf7 40 Monday, March 23, 2009 Latest plan may buy up to $1 trillion of toxic assets. http://online.wsj.com/article/SB123780994825213465.html 41 Tuesday, March 24, 2009 Claims its 215 stores will remain open and operate without interruption. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3i1138bb1868c42eeab89514b29ee59f58 42 Tuesday, March 24, 2009 Administration pushing the idea of an overarching regulator to have the ability to take over nonbank financial entities. http://finance.yahoo.com/news/Obama-nudges-Congress-to-apf-14729923.html?sec=topStories&pos=2&asset=TBD&ccode=TBD 43 Thursday, March 26, 2009 10 stores closed thus far. All remaining stores in danger of same fate if no buyer is found soon. http://www.progressivegrocer.com/progressivegrocer/content_display/in-print/current-issue/e3id1e81baa62f230b39d9a25b6a4676b0b 44 Friday, March 27, 2009 Treasury stays mum about how much of original TARP funds remain. http://online.wsj.com/article/SB123811236001053263.html 46 Wednesday, April 01, 2009 $2.9 billion dollar deal for provider of processing services to close in 3rd quarter, 2009. http://dealbook.blogs.nytimes.com/2009/04/01/fidelity-national-to-buy-metavante/ 45 Thursday, April 02, 2009 Union Bankshares and Ukrop's First Market Bank to merge and form largest Virginia based community bank. http://www.snl.com/irweblinkx/file.aspx?IID=100575&FID=7566489 47 Thursday, April 02, 2009 Analysts disagree on whether change in "mark to market" accounting will help or hurt long term bank recovery. http://finance.yahoo.com/news/FASB-relaxes-accounting-rules-apf-14836397.html 48 Saturday, April 04, 2009 ""...powerful people are almost always rich people" who have earned money from private interests." Does it matter? http://www.bloomberg.com/apps/news?pid=20601208&sid=a4iGjejJVRko&refer=finance 49 Monday, April 06, 2009 Secretary says that banks in need of "exceptional assistance" could see CEO's forced out. http://www.chron.com/disp/story.mpl/nation/6359762.html 50 Monday, April 06, 2009 William Black compares stress testing plans to a Potemkin village. (video) http://www.youtube.com/watch?v=2FQTQ6zgIUY 51 Tuesday, April 07, 2009 57 Department of Justice-selected branches sold to avoid anti-trust violations following National CIty deal. http://www.bizjournals.com/pittsburgh/stories/2009/04/06/daily11.html 52 Wednesday, April 08, 2009 Carlisle, PA based company prepares to roll out first Giant To Go convenience store. http://www.progressivegrocer.com/progressivegrocer/content_display/features/fresh-foods/e3ib022d07c4ee57d29bc123bab6be41fbb 53 Wednesday, April 08, 2009 Treasury set to extend TARP funds to life insurers that are bank holding companies or own a thrift. http://finance.yahoo.com/news/Treasury-to-extend-TARP-to-rb-14878559.html?sec=topStories&pos=5&asset=TBD&ccode=TBD 54 Thursday, April 09, 2009 Wells Fargo reports a record $3 billion dollar profit for the first quarter of 2009. Will this be a trend or outlier? http://finance.yahoo.com/news/Wells-Fargo-projects-record-3-apf-14890348.html?sec=topStories&pos=1&asset=TBD&ccode=TBD 55 Friday, April 10, 2009 The treasury is asking banks not to mention regulatory "stress tests" in their 1Q earning results. http://www.reuters.com/article/ousiv/idUSN0931401420090410 56 Monday, April 13, 2009 A bid for 36 of the grocer's 56 stores deemed unacceptable in its current form by Bruno's. http://www.progressivegrocer.com/progressivegrocer/content_display/in-print/current-issue/e3i9797ecafefe6fc8bf07f96d016dd49cc 57 Tuesday, April 14, 2009 As the economy hints at recovery, some are questioning whether or not TARP has had any impact and was necessary at all. http://www.foxnews.com/politics/first100days/2009/04/14/signs-economic-recovery-fuels-debate-federal-bailout-program/ 58 Wednesday, April 15, 2009 US Bankruptcy Court rules auction of assets to take place April 22nd. http://www.progressivegrocer.com/progressivegrocer/content_display/in-print/current-issue/e3i4f136523a2618c0c10af2a9af59acb44 59 Wednesday, April 15, 2009 Administration drawing up plans to disclose the condition of the 19 largest banks in the country. http://finance.yahoo.com/banking-budgeting/article/106926/U.S.-Planning-to-Reveal-Data-on-Health-of-Top-Banks?sec=topStories&pos=1&asset=&ccode= 60 Thursday, April 16, 2009 Jamie Dimon: "We learned our lesson" about borrowing from the government. States Chase could pay it back "tomorrow." http://www.bloomberg.com/apps/news?pid=20601087&sid=aQfH3nZz9azc&refer=worldwide 61 Sunday, April 19, 2009 President suggests that decisions to accept repayment of TARP funds depends partly on impact to wider economic interest http://www.ft.com/cms/s/0/f3bc75b2-2d1a-11de-8710-00144feabdc0.html 62 Monday, April 20, 2009 The Food Marketing Institute has come out strongly against Friday's announcement of higher fees for Visa rewards cards. http://www.progressivegrocer.com/progressivegrocer/content_display/features/nonfoods/e3ib644036b4dd169746bc3e6b20f0fff8f 63 Tuesday, April 21, 2009 Tom Brown suggests that the "Stress Tests" are practically guaranteed to cause far more harm than good to the industry. http://bankstocks.com/ArticleViewer.aspx?ArticleID=5794&ArticleTypeID=2 64 Tuesday, April 21, 2009 AP: If regional banks are feeling particularly "picked on" in the treasury's stress tests, they may have good reason. http://finance.yahoo.com/news/APNewsBreak-Fed-tests-harder-apf-14987065.html?sec=topStories&pos=4&asset=&ccode= 65 Wednesday, April 22, 2009 Bo Jackson is an investor, board member, and vows to be heavily involved with new bank in the Chicago suburbs. http://sports.yahoo.com/mlb/blog/big_league_stew/post/You-may-start-the-obligatory-Bo-Knows-Banking-?urn=mlb,158244 66 Thursday, April 23, 2009 In testimony to the NY attorney general, Lewis suggests that Paulsen and Bernanke wanted him to keep quiet about Merrill http://finance.yahoo.com/news/WSJ-BofA-CEO-says-was-told-to-apf-15011695.html?sec=topStories&pos=7&asset=&ccode= 67 Friday, April 24, 2009 19 major banks to face new tougher standards for capital reserves. http://www.washingtonpost.com/wp-dyn/content/article/2009/04/23/AR2009042304510.html 68 Friday, April 24, 2009 Bill Cooper finally allowed to show TARP funds the door, but is forced to agree to reduce 1Q dividend by 80%. http://www.finance-commerce.com/article.cfm/2009/04/24/TCF-Financial-repays-3612-million-pulls-out-of-TARP-program 69 Sunday, April 26, 2009 Larry Summers suggests that the economy isn't out of the woods yet, but that the unremitting freefall is over. http://www.reuters.com/article/politicsNews/idUSN2441697520090426 70 Monday, April 27, 2009 Jewel-Osco claims "Big Relief Price Cut" to make lasting price reductions on many customer staple products by up to 20%. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3i0e29382397e1a2c4b41d1994afc30b5f 71 Tuesday, April 28, 2009 Bankruptcy court auction to begin this week. Some stores to be sold, others closed. http://www.progressivegrocer.com/progressivegrocer/content_display/in-print/current-issue/e3i6832227f5a72401eb1cdb2c4b1ebf5c5 72 Tuesday, April 28, 2009 WSJ reporting that B of A execs are getting ready to refute initial findings that they are billions under- capitalized. http://jacksonville.bizjournals.com/jacksonville/stories/2009/04/27/daily27.html?ana=yfcpc 73 Wednesday, April 29, 2009 More banks are beginning to speak out and resist increased federal control of the banking system. http://finance.yahoo.com/banking-budgeting/article/107000/Feeling-Secure-Some-Banks-Want-to-Be-Left-Alone?sec=topStories&pos=5&asset=&ccode= 74 Thursday, April 30, 2009 Toys 'R' Us rolling out 'R' Markets which will offer a wider selection of grocery items within Toys 'R' Us stores. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3ide2664960311f8644a5b879a324b0b45 75 Monday, May 04, 2009 On Monday, B of A denies initial reports that it was set to raise an additional $10 billion due to stress test results http://finance.yahoo.com/news/B-of-A-says-no-plans-to-raise-rb-15117703.html?sec=topStories&pos=3&asset=&ccode= 76 Monday, May 04, 2009 Southern Family Markets to keep 31 stores open, liquidate 25 after $46 million transaction. http://www.bizjournals.com/birmingham/stories/2009/04/27/daily42.html 77 Monday, May 04, 2009 Retailer is expanding its prescription drug program, courting companies to buy directly from its in-store pharmacies. http://247wallst.com/2009/05/04/wal-marts-wmt-drug-addiction-is-trouble-for-rivals/ 78 Wednesday, May 06, 2009 Treasury likely to make banks wanting to repay TARP prove they can also survive without FDIC debt guarantees. http://news.yahoo.com/s/ap/20090506/ap_on_go_ca_st_pe/us_bailout_return 79 Thursday, May 07, 2009 Top executive from Walmart's international division leaving to become Supervalu CEO http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3i7908e745d3e66eba3a4a634f670f43bc 80 Friday, May 08, 2009 Target and Walmart post rather encouraging April numbers. BJ's and Costco down considerably. http://www.progressivegrocer.com/progressivegrocer/content_display/in-print/current-issue/e3i5b8b0ca04d790c48c91580b73feb2c42 82 Monday, May 11, 2009 U.S. Bancorp, Capital One, BB&T, and KeyCorp on Monday announced plans to sell stock with an eye toward TARP payback. http://finance.yahoo.com/news/Four-big-US-banks-to-sell-rb-15198474.html?.v=3?sec=topStories&pos=1&asset=&ccode= 85 Wednesday, May 13, 2009 Target to roll-out "Mini Market" expanded grocery offerings in 100 new or remodeled stores by end of year. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3if21dd856cfb9103e09593d5eed3728d5 86 Wednesday, May 13, 2009 Judicial Watch reveals talking points used by Treasury Secretary in infamous October 13, 2008 meeting. http://www.google.com/hostednews/ap/article/ALeqM5i1RCd5MCxchZlCtelroAh7fbDrlQD9861D080 87 Friday, May 15, 2009 FDIC Chair Shelia Bair states that some bank CEO's will be replaced in the next couple of months after govt scrutiny. http://www.bloomberg.com/apps/news?pid=20601087&sid=aM07QCFK34RM&refer=home 88 Friday, May 15, 2009 FDIC disputing that Bair meant that CEO's would be replaced. http://www.reuters.com/article/newsOne/idUSTRE54E4YX20090515 89 Monday, May 18, 2009 Some life insurers now eligible for TARP funds, but several are saying "Thanks... but no thanks." http://www.washingtonpost.com/wp-dyn/content/article/2009/05/15/AR2009051502348.html 90 Tuesday, May 19, 2009 Winn Dixie teams with New Orleans to place bill-paying, project monitoring, and evacuation assistance kiosks in stores. http://www.progressivegrocer.com/progressivegrocer/content_display/features/corporate-social-responsibility/e3id7e408c3343351323f72cadfe2069d99 91 Tuesday, May 19, 2009 Treasury won't allow repayment before June 8th, and then will only approve paybacks in batches. http://finance.yahoo.com/news/Banks-Are-Facing-Restrictions-cnbc-15292996.html?sec=topStories&pos=main&asset=&ccode= 92 Wednesday, May 20, 2009 Secretary Geithner tells Senators that consumers and investors need protection from deception and manipulation. http://finance.yahoo.com/news/Geithner-Bank-payback-25-apf-15302645.html?sec=topStories&pos=1&asset=&ccode= 93 Thursday, May 21, 2009 Treasury injecting billions more into GMAC. GM and Chrysler likely to have a government subsidized advantage over Ford. http://finance.yahoo.com/news/Reports-Treasury-set-to-lend-apf-15313183.html?sec=topStories&pos=1&asset=&ccode= 94 Thursday, May 21, 2009 Albertsons announces widespread price reductions in southern California stores in an attempt to win back value shoppers. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3i8e9d726396f856198e6f75ecf5823112 95 Friday, May 22, 2009 BankUnited fails and has assets taken over by private equity firm headed by ex-North Fork Bank CEO John Kanas. http://www.marketwatch.com/story/bankunited-fails-private-equity-snaps-up-assets 96 Tuesday, May 26, 2009 New report shows average home prices were down 19.1% in first quarter of 2009 as compared to 2008. http://finance.yahoo.com/news/Home-prices-plunge-almost-cnnm-15344681.html?sec=topStories&pos=main&asset=&ccode= 97 Friday, May 29, 2009 Preliminary results suggest that Target shareholders chose to re-elect the company's slate of directors. http://finance.yahoo.com/news/Target-shareholders-reject-apf-15373696.html?sec=topStories&pos=3&asset=&ccode= 98 Friday, May 29, 2009 The good news is that the economic bottom may be near. The bad news is that it may stick around longer than usual. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3if6edc43bfbecc72a6f5d4c21ad060e9f 100 Friday, May 29, 2009 Several large banks hoping latest Treasury demand to raise even more capital is the last hurdle to paying back TARP. http://www.reuters.com/article/ousiv/idUSTRE5515P320090602 99 Monday, June 01, 2009 Winn-Dixie attempting to position itself as the go-to retailer for hurricane preparation in 2009. http://www.progressivegrocer.com/progressivegrocer/content_display/features/beverage/e3i1dc51bcd151aa706f1ca8c69ce045c23 102 Monday, June 01, 2009 Giant Foods' employees in PA recently completed a successful and inspirational weight loss challenge. http://www.abcnews.go.com/GMA/story?id=7750526&page=1 101 Wednesday, June 03, 2009 Banks are having a relatively strong 2Q. Josh Rosner of Graham Fisher & Co. thinks the "rolling crisis" has only begun. http://finance.yahoo.com/tech-ticker/article/258367/Short-term-Relief-for-Banks-But-More-Bad-News-to-Come-Rosner-Says? 103 Friday, June 05, 2009 Walmart provides hard to find economic good news with their announcement of a pending hiring spree. http://money.cnn.com/2009/06/04/news/companies/walmart_jobs/index.htm 104 Monday, June 08, 2009 Despite $1.2 trillion effort by the Fed, mortgage rates are facing upward pressure as the bond markets react. http://apnews.myway.com/article/20090606/D98L67500.html 105 Tuesday, June 09, 2009 Citing current economic conditions, Walmart delays expanding roll-out of its 15,000 sq ft "quick fill-in trips" format. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3idad2bb8d4869dcd626021465f49b5645 107 Friday, June 12, 2009 Ten banks prepare to pay back TARP funds, but Treasury is under pressure trying to value what its warrants are worth. http://www.reuters.com/article/ousiv/idUSTRE55B4AV20090612 108 Monday, June 15, 2009 In Op-ED ,Geithner and Summers: (The US) "will lead the effort to improve regulation and supervision around the world." http://abcnews.go.com/Business/wireStory?id=7840375 109 Friday, June 19, 2009 National Retail Security Survey shows that shrinkage is up slightly, with employee theft accounting for 44% of losses. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i6e2d5b09608cf35c24a344eb9a2e6c58 110 Monday, June 22, 2009 Spartan Stores, operator of 99 stores in Michigan, provides 10% discount cards to GM auto workers affected by closures. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3i707a10734b4b7a6248adca4aa23f68b6 111 Tuesday, June 23, 2009 Crediting more people dining at home, Kroger posts 12.7% increase in 1Q profit and 3.1% increase in same-store sales. http://finance.yahoo.com/news/Kroger-1Q-profit-jumps-127-apf-2789641922.html?x=0&sec=topStories&pos=7&asset=&ccode= 112 Tuesday, June 23, 2009 Walmart is making efforts to hold on to a new group of higher-spending customers drawn to their stores by recession. http://www.google.com/hostednews/ap/article/ALeqM5j0Z86N5AYXVKcc4P_w_FYiu8cnngD990J95G1 113 Wednesday, June 24, 2009 After-retail expert Jeffrey Hoffman suggests that more "names you know" retailers are going to be filing bankruptcy. http://finance.yahoo.com/tech-ticker/article/268998/%22Expect-More-Bankruptcies%22-Worst-Yet-to-Come-For-Retail-Says-CEO-of-Inventory-Liquidator? 114 Thursday, June 25, 2009 Citing tough economy and price cuts, Supervalu announced that it's same-store sales were down substantially in 1Q. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3i46ed019fcf8ec109051d8fca7b710913 115 Friday, June 26, 2009 Retailer debuts its first Personal Finance Money Shop offering lending, insurance, check cashing, bill paying and more. http://www.progressivegrocer.com/progressivegrocer/content_display/features/center-store/e3i5eb34953fa875047fcfe09394a66cf8f 116 Monday, June 29, 2009 Nielsen reports that the recession has drastically changed the manner in which people shop, as well as their purchases. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i2c0d30928617f5eca42956b9565cfeec 117 Wednesday, July 01, 2009 Hiller's Markets will raise money through sales of $1 puzzle pieces throughout July and August for autism support group. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i38d17fe532245c82ee0bd27df7eb0059 118 Monday, July 06, 2009 Governor Schwarzenegger is taking his case to big bank CEO's, asking that they honor California IOU's. http://www.ft.com/cms/s/0/a99e872e-676a-11de-925f-00144feabdc0.html?nclick_check=1 119 Tuesday, July 07, 2009 A group of the largest banks in California have stated they will stop accepting the state's IOU's on Friday. http://online.wsj.com/article/SB124692354575702881.html 84 Friday, July 10, 2009 American Banker runs Special Report on in-store banking industry. "Acquisition, Training Opportunities on Aisle Five." http://americanbanker.com/article.html?id=20090511JQUHKBXA&specialreportid=200905113Y2XTVNQ 120 Saturday, July 11, 2009 Could commercial real estate loan defaults be the next shoe to drop on beleaguered banks? http://finance.yahoo.com/news/ALL-BUSINESS-More-toxic-loans-apf-2961296570.html?x=0&sec=topStories&pos=4&asset=&ccode= 121 Tuesday, July 14, 2009 Arizona's largest family owned grocer files for Chapter 11 bankruptcy protection. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3ia62deb261008854a715a0b15b20f950e 122 Thursday, July 16, 2009 Published reports claim that Richmond-based Ukrop's may be for sale. CEO calls reports "speculation...industry chatter". http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3ia13021641b2079d235a17539bad653df 123 Thursday, July 16, 2009 Winn-Dixie completes upgrades of 51 stores in FL and GA; rolls out "Fresh Checked Every Day" motto. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3ia13021641b2079d2fa5acf1a295c3fa7 124 Friday, July 17, 2009 15 states and the District of Columbia passed 10% unemployment in June, with Michigan passing 15%. http://news.yahoo.com/s/ap/20090717/ap_on_bi_go_ec_fi/us_state_unemployment 125 Monday, July 20, 2009 One time gains from asset sales may be helping to hide the continued deterioration of revenue at Citi, BofA and others. http://www.forbes.com/2009/07/17/bank-of-america-citibank-earnings-business-wall-street-earnings.html?partner=weekly_newsletter 126 Thursday, July 23, 2009 Retailer's MA and CT pharmacies to offer free 14-day prescriptions on 29 generic antibiotics to customers with club card http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i04ac5aa7296d367c669657421f744ec6 127 Friday, July 24, 2009 Federal minimum wage goes from $6.55 to $7.25 today. Economists suggest impact on economy not certain. http://finance.yahoo.com/news/Minimum-wage-set-to-rise-to-cnnm-578019684.html?x=0&sec=topStories&pos=4&asset=&ccode= 128 Monday, July 27, 2009 In a town hall meeting, Fed Chair Bernanke suggests that the recovery will be slow, but lessons learned will pay off. http://money.cnn.com/2009/07/26/news/economy/bernanke_town_hall/?postversion=2009072621 129 Tuesday, July 28, 2009 CEO Ken Lewis announced this week that Bank of America will close 10% of its 6,100 branch network. http://www.charlotteobserver.com/136/story/857081.html 130 Tuesday, August 04, 2009 Publix sales, stock, and profits all up in Q2 over last year. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3icaec2feffc977edca0c2ae7ef9162b00 133 Thursday, August 13, 2009 Discussing flat to lower same store sales, Walmart CEO states that spending less and saving more is likely here to stay. http://finance.yahoo.com/news/WalMart-2Q-profit-beats-apf-522110669.html?x=0&sec=topStories&pos=3&asset=&ccode= 132 Thursday, August 13, 2009 Stating that the economy has begun to level out, policy makers announce no new emergency measures to stimulate economy. http://www.ft.com/cms/s/0/234ab87c-87a0-11de-9280-00144feabdc0.html?nclick_check=1 134 Wednesday, August 19, 2009 After a successful pilot, Walmart announces the expanding of generic drug prescription program with free mail delivery. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i57cc798c878be146cb57832360007176 135 Thursday, August 20, 2009 KPMG survey finds that 70% of retail executives believe 2010 will see sales and profitability rise. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3ia8fccd3aba8a52fe7200d714db7ebab6 136 Thursday, August 27, 2009 Problem list hits highest mark since 1994. Deposit insurance fund down by 20%. http://money.cnn.com/2009/08/27/news/companies/fdic_list/?postversion=2009082710 137 Monday, August 31, 2009 Stop & Shop and Giant mutually agree with Starbucks to close 40+ in-store Kiosks for lack of performance. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3if39271c89709c28eba67529671bf1cea 138 Monday, August 31, 2009 The US has made $4 billion in profits thus far from larger banks that have repaid "bailout" funds. http://news.yahoo.com/s/ap/20090831/ap_on_bi_ge/us_bailout_profits 139 Tuesday, September 01, 2009 While the number of stand alone branches are likely to dwindle, in-store locations appear to have a growing fan base. http://www.snl.com/Interactivex/article.aspx?CdId=A-9989908-7518 140 Friday, September 04, 2009 In marketing move, Giant Eagle is making 10 generic antibiotics in common dosages free at its 210 in-store pharmacies. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3id2735b8f1234ea9c7180dbe7c8b69ff6 141 Wednesday, September 09, 2009 Some industry observers say Walmart's "Project Impact" is about crushing the competition while the opportunity exists. http://news.yahoo.com/s/time/20090909/us_time/08599192069800 142 Tuesday, September 15, 2009 Fed chief says recession, "very likely over." http://finance.yahoo.com/news/Bernanke-says-recession-very-apf-912326394.html?x=0&sec=topStories&pos=main&asset=&ccode= 143 Thursday, September 17, 2009 Senate Banking Committee Chair Chris Dodd is urging the Federal Reserve to place new restrictions on overdraft fees. http://www.reuters.com/article/politicsNews/idUSTRE55854320090609 144 Thursday, September 24, 2009 Citi to reduce branch footprint, focusing on a few metro areas. 120 Texas branches likely to be sold. http://finance.yahoo.com/news/Report-Citigroup-to-scale-apf-1905059013.html?x=0&sec=topStories&pos=6&asset=&ccode= 145 Thursday, September 24, 2009 Even while many banks are voluntarily changing their overdraft policies, momentum builds for congressional action. http://online.wsj.com/article/SB125373195407234819.html 146 Thursday, October 01, 2009 Bank of America's chief executive to step down at year end, 15 months ahead of previous plans. http://money.cnn.com/2009/10/01/news/companies/ken_lewis_bank_america.fortune/?postversion=2009100113 147 Monday, October 05, 2009 Publix pharmacies have begun compounding Tamiflu to help with a shortage of the liquid form due to a heavy flu season. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i6e0d957446c196ca106a3af74269183b 148 Tuesday, October 06, 2009 Belgian retailer Delhaize has announced it will acquire most of bankrupt Bi-Lo's assets, including most of 214 stores. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i03c5991d65201a60f927f0571a58b258 149 Tuesday, October 13, 2009 Winn Dixie now offering prepaid, reloadable Saints-branded Visa debit cards in 70 New Orleans area stores. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3ib26dae96f6367a4420e1e8b4ecc03edd 150 Wednesday, October 14, 2009 Mounting losses on commercial real estate loans pose the greatest threat to many community banks. http://finance.yahoo.com/news/Bank-regulators-Real-estate-apf-2495895586.html?x=0&sec=topStories&pos=1&asset=&ccode= 151 Thursday, October 15, 2009 The third quarter of 09 had the highest number of foreclosures filed in history. Evidence suggests they will continue. http://money.cnn.com/2009/10/15/real_estate/foreclosure_crisis_deepens/?postversion=2009101507 152 Tuesday, October 20, 2009 Dodd's "Fairness and Accountability in Receiving Overdraft Coverage Act" would drastically alter bank fees collection. http://dodd.senate.gov/?q=node/5278 153 Wednesday, October 21, 2009 Company records now uncovered reveal hardball tactics used by Feds to keep B of A from backing out of Merrill deal. http://www.washingtontimes.com/news/2009/oct/21/feds-threatened-to-oust-bofa-execs-over-merrill-de/?source=newsletter_must-read-stories-today_headlines 154 Thursday, October 22, 2009 Walmart announces "deep-savings events" and new everyday low prices weekly immediately and through the holidays. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3ib38cebd2d45985ddc01c949ef65b63eb 155 Thursday, October 22, 2009 Fed proposal to cover thousands of banks including those that did not receive a bailout. http://finance.yahoo.com/news/Fed-outlines-plan-to-police-apf-3307452973.html?x=0&sec=topStories&pos=1&asset=&ccode= 156 Monday, October 26, 2009 Walmart to add 38 million sq feet of retail space worldwide in FY2010. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i834106c352ea8687e043937e1728e049 157 Thursday, November 05, 2009 Legislation being prepared by Senator Dodd would strip almost all bank supervisory powers from FDIC and Federal Reserve. http://dealbook.blogs.nytimes.com/2009/11/05/is-dodd-on-collision-course-with-new-banking-bill/ 158 Monday, November 09, 2009 Kroger Personal Finance announces a pet insurance "Accident Only" plan for $9.95 per month in all of its 2,400 stores. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3iec91181b3bb41981be9d18313bdde0ae 159 Thursday, November 12, 2009 New, more onerous rules scheduled to take affect next summer will likely make a dent in thousands of banks' fee income. http://www.marketwatch.com/story/fed-adopts-strong-rule-blocking-bank-overdraft-fee-2009-11-12 160 Tuesday, November 17, 2009 In a rare, public power struggle over who sets consumer prices, Costco is pulling all Coke products from its stores. http://finance.yahoo.com/news/Costco-nixes-Coke-products-apf-2225277826.html?x=0&sec=topStories&pos=6&asset=&ccode= 161 Tuesday, November 24, 2009 News reports suggest that the Texas grocer is eying potential store sites in the Dallas market. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i5ba8796461d7a81e7a10c6efab613954 162 Wednesday, December 02, 2009 Kroger is now offering mobile phones, with Do It Yourself activation functionality, tied to its loyalty program. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i7be089acf10901c74299690779d67a5f 163 Wednesday, December 02, 2009 Claiming heavy overlapping, most branches to be closed were previously Wachovia locations. http://www.latimes.com/business/la-fi-wells-fargo2-2009dec02,0,4535799.story 164 Wednesday, December 02, 2009 Bank of America has announced its intention and details of how it will repay the $45B of TARP loans owed. http://www.thestreet.com/_aol/story/10637355/1/bank-of-america-to-pay-back-tarp.html?cm_ven=AOL&cm_cat=Free&cm_pla=Feed&cm_ite=Feed 165 Thursday, December 10, 2009 Government oversight panel in general agreement for extending TARP for at least 9 months longer than originally planned. http://www.nytimes.com/2009/12/11/business/economy/11tarp.html 166 Tuesday, December 15, 2009 Bringing a sort of "end" to the bailout program, Wells Fargo announces it will repay its entire $25B of TARP funds. http://dealbook.blogs.nytimes.com/2009/12/14/wells-fargo-to-repay-25-billion-to-us/ 167 Tuesday, December 22, 2009 After months of speculation, Richmond based Ukrop's agrees to sell its 150 store chain to Giant of Dutch Royal Ahold. http://hamptonroads.com/2009/12/ukrops-sold-operator-giant-grocery-chain 168 Tuesday, January 05, 2010 In a protest of what it calls big banks' risky behavior, the blog calls for readers to move money to community banks. http://www.latimes.com/business/la-fi-huffington1-2010jan01,0,7094020.story 169 Wednesday, January 06, 2010 In a move to create a warehouse-club-like-experience, Target is dedicating more store space to bulk, low price items. http://finance.yahoo.com/family-home/article/108516/toilet-paper-trumps-decor-at-targets-great-save 170 Thursday, January 14, 2010 WH announced plans today to levy a tax on larger TARP recipients, regardless of whether funds have been paid back. http://www.nytimes.com/2010/01/15/us/15tax.html 171 Monday, January 25, 2010 Sam's Club announces it will begin outsourcing its product sampling jobs and cutting the Membership Rep positions. http://www.marketwatch.com/story/wal-mart-up-as-sams-club-to-cut-11000-plus-jobs-2010-01-25?reflink=MW_news_stmp 172 Friday, January 29, 2010 Among other changes, Walmart will now have a North, South, and West division, each with its own president. http://www.progressivegrocer.com/progressivegrocer/content_display/supermarket-industry-news/e3i220a283f9e1608000147cacbba1784d1