Supermarket & Grocery Industry News

WHITE SULPHUR SPRINGS, W.Va. - The CPG industry's financial performance in 2003 continued to rebound as median net sales rose nearly two percentage points to 6.5 percent from 4.6 percent in 2002, and returns on sales and assets continued to climb for most companies, according to a study released during GMA's Executive Conference here.

INDIANAPOLIS - A continuing weak local economy, high unemployment, and competitive new supermarket square footage were the reasons cited for Marsh Supermarkets' net loss, the company announced yesterday.

TORONTO - Loblaw Cos., Ltd., based here, has selected Livermore, Calif.-based iTradeNetwork as the supply chain management solution provider for its fresh products sourcing.

GMDC's CCCnet conference-planning toolset helps retailer and wholesaler buyers make the most of their face-to-face meetings with suppliers.

Aided by Atkins, great taste, and versatility, sales of soft cheeses are strong despite record-high milk prices.

As experts link diet with diabetes prevention and maintenance, supermarkets are gearing up to capitalize on the message.

FRANKLIN, Tenn. - Self-service shopping will generate transactions worth $70 billion in 2004, according to a new study from IHL Consulting Group. The study forecasts that the value of these transactions will increase to over $330 billion by 2007 as many more systems are deployed in the next few years.

ALEXANDRIA, Va. and CHICAGO - The WorldWide Retail Exchange (WWRE) and Transora announced they have linked their Global Data Synchronization solutions in an interoperability project, which will enable end-to-end item synchronization for customers.