Serious financial challenges are likely to continue for U.S. grocery wholesalers for at least the next five years, and companies that fail to improve efficiency and deliver increased value to customers will be in danger of shutting down, according to a report by IBISWorld.
Retailers need to stop being intimidated by the “big” in “big data” and ask themselves how analytics can deliver specific and practical benefits to the bottom line and thereby strengthen their competitive position, according to a study by Brick Meets Click.
Jewel-Osco and its former owner, Supervalu, were found to be in contempt of court for multiple violations of a consent decree the companies signed in 2011 with the Equal Employment Opportunity Commission, a federal district judge in Chicago ruled Thursday.
The Fresh Market is expanding its use of targeted direct mail offers — to encourage greater frequency of store visits — following positive consumer responses from its initial tests, Craig Carlock, president and CEO of the Greensboro, N.C.-based chain, told analysts Thursday.
With more than two-thirds of its customer base coming from the consumer segment rather than business shoppers, Smart & Final Stores plans to launch a brand-awareness marketing campaign early next year for its Extra banner stores, Dave Hirz, president and CEO of the non-membership warehouse chain, told analysts Wednesday.
Whole Foods Market is “encouraged” by the pricing experiments it is running in several markets and expects to expand testing to more markets over the next few months if results continue to be positive, John Mackey, the company’s co-CEO, told analysts Wednesday.
Northgate Gonzalez Market, Anaheim, Calif., is taking an animated approach to the Day of the Dead celebration — it’s offering customers a chance to take an early look at “Muertoons,” a new animated series that centers around the traditional Mexican holiday, Dia de los Muertos.