Cash Wise Foods is the name of the concept that Coborn’s Inc. has used to expand into the booming oil fields of North Dakota, but it could also be used to describe the company’s prudent investment strategy.
For many operators the attraction of ethnic products spreads beyond the original target group and begins to draw more mainstream shoppers. Meanwhile some ethnic supermarket operators are expanding their offerings with more mainstream product.
Last month’s opening of a gleaming, new 91,000-square-foot supermarket — complete with an in-store, chef-driven restaurant — in Houston’s tony Tanglewood area stands as a monument to the 25-year arc of H-E-B’s expansion in the market.
U.S. consumers will have an estimated $135 billion more spending money this year because of lower gas prices at the pump, and indications point to at least a portion of that extra cash winding up in supermarket tills.
Although some retailers and wholesalers said they thought attendance was a little lighter than they expected at FMI Connect and United Fresh 2014, they were broadly and enthusiastically supportive of the return to an every-year educational conference and trade show, and also appreciated having the event in Chicago again.
Safeway is taking a total-store approach to becoming a health and wellness destination for its customers, with pharmacy at the center, said Darren Singer, SVP of pharmacy, health and wellness at the Pleasanton, Calif.-based company.
The looming election season, with control of the Senate up for grabs, means there will be little opportunity for action on some bills of importance to the industry before the lame-duck session in November and December.
Developing and growing a successful program of inclusiveness in the supply chain requires that the program fit into the overall goals and strategies of the organization, a panel of supplier diversity professionals said on a panel at FMI Connect in Chicago on Wednesday.