Research & Analysis

EL MONTE, Calif. - In a show of solidarity with striking grocery workers in Southern California, the Teamsters union has announced that its members will no longer make deliveries to Vons, Ralphs, and Albertsons supermarkets in the area to cut off supplies to their stores during Thanksgiving shopping week, according to the Associated Press and other published reports.

PALM SPRINGS, Calif. - John P. Mackey, chairman, president and c.e.o. of Austin, Texas-based Whole Foods Market, has been named the 2003 Overall National Ernst & Young Entrepreneur Of The Year.

NEW YORK - Bear Stearns Merchant Banking has acquired Sutton Place Gourmet Inc., an upscale grocery chain in Bethesda, Md., for $50 million from AEA Investors Inc., according to The Daily Deal.

WASHINGTON - The U.S. Food and Drug Administration on Thursday said it was considering requiring food companies to list nutrition information in its entirety, rather than by serving size, on packaged-food labels to help address the U.S. obesity epidemic, Reuters reports.

SCOTTSDALE, Ariz. - KhiMetrics, Inc. announced today that Albertsons will implement KhiMetrics' retail revenue management (RRM) solution to help develop and execute strategy relative to promotions and pricing for its 2,300 supermarkets and drug stores nationwide.

LOUISVILLE, Ky. - KFC Corp. here is pulling its highly publicized new ad campaign that touted its chicken as being healthy.

NEW YORK - MyWebGrocer.com, a New York-based provider of online services to retailers nationwide, has acquired the assets of NeXpansion, which include the NetGrocer.com direct-to-consumer online grocery business and Endless Aisle technology, a service used by many supermarkets to provide hard-to-find products to customers.

NEW YORK - Major supermarket chains in New York City and Long Island have reached an agreement on a new four-year contract covering 4,000 workers, averting a possible strike, according to news reports.