The amount of food being consumed in the U.S. is actually declining, according to Dollar General CEO Richard Dreiling, although some analysts said his observations might really indicate a shift in consumption trends.
United Natural Foods, Inc., Providence, R.I., plans to seek further acquisitions in the protein space over time to supplement the business it will add from acquiring Tony’s Fine Foods, Steven L. Spinner, UNFI’s president and CEO, told investors Tuesday.
Despite healthy industry growth, the wages of grocery store employees in California — encompassing union and non-union members — has declined since 1999, with more than one-third of workers forced to rely on state government assistance to provide for their basic needs, according to a UFCW study.
The pending merger of Albertsons and Safeway prompted Southern California employers and union members to opt for a two-year labor contract that will expire in March 2016, by which time the two sides expect the merger dust to settle.
Costco Wholesale Corp., Issaquah, Wash., is continuing to test home delivery, but it believes the appeal of strong bargains at its warehouses will keep consumers shopping the old-fashioned way, EVP and CFO Richard Galanti told Wall Street investors Thursday.
Mariano’s Fresh Market is getting ready for a new Whole Foods opening across the street from one of its store by upgrading store service, including offering valet parking on weekends, Bob Mariano, chairman and CEO of Roundy’s Supermarkets, told an audience of analysts Wednesday in New York.