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.
Ahold USA is ready to launch its “Winning Together” initiative with vendors after more than a year of restructuring its merchandising programs with a vertical rather than a horizontal approach, Mark McGowan, the outgoing EVP, operations, told a vendor audience Tuesday evening.
Wakefern Food Corp. plans to move quickly to add blood-sugar testing as one of the health and wellness services it offers at its ShopRite stores, Jonathan Thacker, vice president, pharmacy, for the member-owned cooperative, said Tuesday.
If the merger of Ahold and Delhaize occurs, Dick Boer, the CEO of Ahold, would become president of the supervisory board of the combined company and Frans Muller, CEO of Delhaize, would run day-to-day operations as CEO, according to speculation outlined in an analyst report that was quoted by Dutch media.