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Market Trends

  • New Zealand's No. 1 Grocer to Offer Banking Services

    WELLINGTON, New Zealand - New Zealand's largest supermarket operator, Foodstuffs, said Wednesday it will offer its customers banking services at its supermarkets starting next year,
  • neXpansion Partners with PetFoodDirect.com

    NORTH BRUNSWICK, N.J. and MONTGOMERYVILLE, Pa. - Beginning this month, shoppers of neXpansion's Endless Aisle service can shop a wider selection of premium pet foods and treats thanks to a new partnership between neXpansion and PetFoodDirect.com.
  • GMA Finalizes Merger with ASMC

    WASHINGTON - The world's largest association of food, beverage and consumer product companies has completed its merger with the Association of Sales & Marketing Companies, in the culmination of the organizations' two-year association.
  • Report: Consolidation Seen In Private-Label Food Manufacturers' Future

    CHICAGO - In less then 10 years, America's 1,500 private label food manufacturers could consolidate to a field of no more than 20 as they respond to the demands of large-scale food retailers, according to a new report by Deloitte & Touche Corporate Finance LLC.
  • Dominick's Workers Authorize Strike

    NEW YORK - About 9,000 workers at Dominick's, a Chicago division of Safeway Inc., voted on Sunday to authorize a strike to back their demands for higher wages and healthcare benefits, Reuters reports.
  • Robert Hawthorne Unexpectedly Steps Down As Head of Ocean Spray Cooperative

    BOSTON - Robert Hawthorne unexpectedly resigned as chief executive of Ocean Spray on Wednesday after three years spent struggling to get better prices for the growers who own the cooperative and to compete with beverage giants Coca-Cola, Pepsi-Cola and Cadbury Schweppes, the Associated Press reports.
  • Analysts: Safeway May Be on Verge of Exiting Chicago

    NEW YORK - No. 2 supermarket chain Safeway Inc. may be on the verge of exiting Chicago, where its Dominick's chain has suffered about four years of falling profits and its unionized workers are demanding more pay, analysts told Reuters on Wednesday.
  • Food Lion Announces New Management Training Program Targeted at African-Americans

    SALISBURY, N.C. - Supermarket chain Food Lion, a subsidiary of Delhaize America, has developed a management training program aimed at new graduates of historically African-American colleges and universities. Food Lion announced the start of the program on Thursday on the campus of Winston-Salem State University in North Carolina.
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