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| supermarket industry news |
While consumer spending has certainly taken a hit during the recession, the decline has never quite measured up to the claims survey respondents routinely make about draconian, across-the-board cuts in their own expenditures.
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Consumers can toast to suppertime savings with a multi-partner retail promotion offering coupons on “all the fixin’s,” including America’s favorite vegetable, Idaho potatoes.
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Grocery chains King Soopers and Safeway offered signing bonuses consisting of gift cards worth up to $1,000 to union workers in Colorado and Wyoming as part of contract proposals.
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The Food Marketing Institute (FMI) has presented Food Industry Association Executives (FIAE) president Barbara McConnell with an award for her leadership in promoting the food industry via state associations.
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On the heels of gaining the approval to sell beer in its new Market District concept store that opened two weeks ago in Robinson Township, Giant Eagle is obtaining six more licenses from the Pennsylvania Liquor Control Board (PLCB) to sell beer in more of its Pennsylvania supermarkets, including one in Washington County’s South Strabane as of today.
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In a bid to promote eye health awareness and encourage regular eye exams, 10 of The Kroger Co.’s metro Atlanta stores have begun offering free self-service vision assessments as part of an alliance with health care technology provider SoloHealth.
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In tandem with Supervalu’s aspirations to double the size of its St. Louis-based discount chain, Save-A-Lot, to 2,400 stores over the next five years, the discount chain’s procurement mechanism is being restructured as part of the marketing/merchandising group, while longtime SVP of procurement Steve Harris has retired from the company.
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Store brands are growing fast. This is one of the key findings in the Madison, Wis.-based International Dairy-Deli-Bakery Association’s (IDDBA) newest research, “The New Value Shopper.”
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With the holidays nearly here, Campbell Soup Co. has redesigned its CampbellsKitchen.com Web site to help consumers widen their cooking repertoires while still saving money.
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Tops Markets, LLC plans to open its first new store since it reverted to being to a locally operated company.
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In its interim report for the third quarter of 2009, Royal Ahold posted a sales increase of 4.3 percent to 6.0 billion euros (US $9.0 billion) (the rise was 2.6 percent at constant exchange rates), an operating income bump of 1.5 percent to 265 million euros (US $396 million), net income of 238 million euros (US $356 million) and volume growth in all markets.
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BJ’s Wholesale Club, Inc. yesterday reported net income of $17.7 million, or 32 cents per diluted share, for the third quarter ended Oct. 31, including a charge of $11.7 million pre-tax ($6.9 million post-tax), or 13 cents per diluted share, to establish a reserve in connection with the proposed settlement of a legal claim regarding wage and hour job classification.
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Americans may soon be able to enjoy peanuts, peppers, spinach, and cookie dough with greater confidence that those foods are safe to eat if the full U.S. Senate passes food safety legislation that cleared a key committee today.
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In a bid to help arm its corporate-owned retail associates and independent retailers with innovative ideas and aggressive attitudes amid a challenging and competitive economic cycle, Spartan Stores recently hosted two events aimed at enhancing consumers’ shopping experience and driving sales and profitability.
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The Penn Traffic Co. yesterday filed for Chapter 11 bankruptcy protection, after the financially embattled grocer’s board of directors determined the move to be in the best interest of the company’s creditors and other stakeholders.
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Things are far from hot in American kitchens these days. According to a recent study from The NPD Group, many consumers have been eating at home to save money and are opting to microwave meals rather than cook.
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Cargill’s Sterling Silver brand’s Web site — SterlingSilverMeats.com — has undergone a major redesign that aims to create an unsurpassed consumer culinary experience.
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Giant Food, LLC has hired Shane Sampson to be its SVP, Operations/Sales. Sampson assumed his duties Nov. 16.
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After fielding over 350 calls last year, ShopRite is again trotting out its Culinary Workshop Chefs to provide customers with advice and expertise for holiday meals.
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For its third quarter of 2009, Canadian grocer Loblaw Cos., Ltd. posted basic net earnings per common share of 69 cents, an increase of 12 cent, or 21.1 percent, from the 57 cents reported last year; and net earnings of CAN $189 million (US $179.8 million), a rise of $32 million, or 20.4 percent, from the CAN $157 million (US $149,4 million) logged in the year-ago period.
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Despite a better-than-expected 18 percent third-quarter profit gain of $436 million vs. $369 million a year ago, Target Corp.’s forecast of a trying holiday season on the heels of tepid early-November results sent its share price down over 5 percent.
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Giant Eagle has launched a new online GifterGo service that enables customers to purchase gift vouchers conveniently from their PCs for a wide variety of local and community merchants.
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Women ages 20 to 30 represent a $54 billion marketing opportunity for packaged goods companies, but their needs and values are vastly different from the generation before them, a new report from Information Resources, Inc. (IRI) has found.
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With its new “Meals That Matter” campaign encompassing TV, print and digital elements, College Inn broth, a brand of Pittsburgh-based Del Monte Foods, has rolled out the largest advertising campaign in the brand’s history — one that not only spotlights its prize-winning flavor, but also aims to bring families together for dinner.
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Brookshire Grocery Co. has promoted the following executives: John Penn to SVP-retail projects, Pete Leung to SVP-Brookshire’s Food Store operations, Mike Terry to SVP of Super 1 Foods operations, Russ Cooper to SVP-general counsel, secretary, Trent Brookshire to VP-District 10 manager, and Linda Wiggins to VP-sales events.
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