Price Optimization

MINNEAPOLIS - Cub Foods on Monday said it has filed a lawsuit against Rainbow Foods, its parent company Fleming, and H.Brooks, a produce distributor, alleging that for more than a year, Rainbow has engaged in an ongoing scheme to steal Cub's Sunday newspaper advertisement prior to their publication.

LAKELAND - Publix Super Markets Inc. is implementing a 50 cent-per-hour reduction in hourly pay scales for new employees in roughly one out of every 10 stores, the Orlando Business Journal reports.

SAN CARLOS, Calif. - DemandTec Inc., provider of Demand Based Management (DBM) software, announced that Kevin Sterneckert has joined the company as vice president and general manager for retail.

ANN ARBOR, Mich. and TROY, Ohio - Busch's Supermarkets, a grocery chain in south-central Michigan, has announced a partnership with Beeline Shopper, a kitchen-based grocery scanner and web service.

ASHEVILLE, N.C. - Ingles Markets Inc. today said net sales for the March 2002 quarter increased 3.8 percent to $493.2 million from $475.2 million for the same quarter last year. Comparable store sales for the same period grew 4.7 percent.

LONDON - J Sainsbury's chief executive on Friday warned of the growing competitive threat to the nation's two largest food retailers from accelerating sales at Asda, the Wal-Mart-owned chain, the Financial Times reports.

SAN CARLOS, Calif. - DemandTec Inc. today announced that H. E. Butt Grocery Company is implementing DemandTec Price Demand Based Management (DBM) software in its Food Drug division in the second quarter 2002.

BERLIN - Wal-Mart announced has begun implementing a new round of discounts at its German stores in its latest attempt to attract shoppers in a market where it has yet to turn a profit, The Associated Press reports.