United Natural Foods, Inc., is positioned for continued strong growth, especially as it expands the perishables offerings from Tony’s Fine Foods beyond the West Coast while simultaneously reducing warehouse and distribution costs, analysts said Wednesday, a day after UNFI’s annual analyst meeting.
Kellogg Co. has promoted improved literacy along with its breakfast cereals by encouraging consumers to redeem free books for their families or for schools in need through a program called “Great Starts, Great Stories.”
Walmart said Wednesday it plans to cut the number of new-store openings and remodelings for Sam’s Club over the next two years as it focuses more on accelerating technology investments and integrating physical and digital locations.
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.