The so-called mainstreaming; of the health and wellness trend is increasingly tarnishing iconic food suppliers while helping supermarket retailers in particular gain a greater control of food industry profits, an analyst said Wednesday.
ShopRite said that its newest store would open in Howell, N.J., April 22, with a ribbon-cutting ceremony set for April 20. Located in the Friendship Plaza, the new 80,000-square-foot square will be operated by Saker ShopRites, a member of the Wakefern Food Corp. cooperative.
Signs are increasing that German retailer Schwarz Group is speeding up a U.S. entry for its Lidl discount stores, including multiple job postings, and reports that the retailer is establishing new U.S. offices and meeting with suppliers in Europe to determine their ability to distribute in the U.S.
Mark McGowan, EVP of merchandising for Ahold USA, will assume dual duties as president of the retailer’s Stop & Shop New England division and its EVP of operations following Ahold’s appointment of chief merchant to succeed him, according to an internal company memo.