Whole Foods Market has lowered pricing in the perishable sections of its five Austin, Texas, stores as part of an effort to improve its value image, industry observers told SN — though they said it could take up to two years to change consumer perceptions and impact sales if and when the program is rolled out chain-wide.
Why Safeway decided to sell its stores to Albertsons, why Kroger acquired Vitacost.com and why Walmart needs to do a better job of execution and merchandising — those were among the topics discussed during SN’s 19th annual Analysts Roundtable.
United Natural Foods, Inc., plans to continue aggressive investments in infrastructure for the next two years, after which it expects capital spending to level off to more normal levels, company executives told investors Wednesday during a conference call to discuss financial results for the fiscal year ended Aug. 2.
As the economy keeps improving, so are supermarket sales, according to industry executives around the U.S., who told SN summer sales have been increasing — and most said they expect more of the same through the fall.
Dollar General Corp. said Tuesday it has sent an enhanced acquisition proposal to the board of directors of Family Dollar Stores that would increase its all-cash offer to $80 per share, for a total offer of approximately $9.1 billion.