Uncertainty over the future of A&P has prompted several locals of the United Food and Commercial Workers Union to call member meetings to discuss the chain’s financial situation, including one scheduled for Wednesday by UFCW Local 1776 in Philadelphia.
Save Mart Supermarkets said Wednesday it has unveiled a new concept — called Lucky California — at one of it Lucky-banner stores, designed to serve the specific needs of customers in the San Francisco Bay Area.
Sobeys is optimistic it can reverse the sales momentum it lost in the acquired Safeway stores in western Canada when it converted their software systems, Marc Poulin, president and CEO, told investors Thursday.
Supervalu said it plans to seek out additional revenue streams through professional services agreements similar to the transition services agreements it has with Albertsons and Haggen, Bruce H. Besanko, EVP and CFO, told investors Wednesday.
Unified Natural Foods Inc. sees the possibility of slow but steady volume growth from the sale of ethnic and gourmet items to independents and to bodegas in major metropolitan areas, Mark E. Shamber, the company’s CFO, told an investor audience Tuesday at the Jefferies Global Consumer Conference in New York.
Brick Meets Click is projecting online grocery shares by 2023 will be 23% in the New York metro area, 13.5% in Chicago and 8.6% in Atlanta, based on a new framework the company said it has developed for identifying and anticipating the growth potential of online grocery sales in specific markets.
With wild seafood supplies continuing to shrink, retailers must try to help increase consumption of underutilized species like pollock and mackerel, a Wegmans seafood official told a seminar audience Thursday at FMI Connect in Chicago.
If retailers commit to selling one more meal at home per family per week, it could increase weekly industry revenues by more than $500 million, Leslie Sarasin, president and CEO of Food Marketing Institute, said at FMI Connect on Wednesday.
Supermarkets need to focus their marketing efforts more on households than on individual shoppers as more households encompass multiple shoppers, a consumer researcher told a seminar Wednesday during FMI Connect.