Supermarkets will offer more “everyday fair pricing” in the years ahead, as part of a hybrid-EDLP model; will continue to shutter underperforming stores, leading to consolidation of food retailers; and will increasingly offer payment and other solutions for consumers through mobile devices.
Harps Food Stores. Riesbeck Food Markets. Coborn’s. Windham IGA. These are only some of the retailers whose leaders trumpeted a message at last week’s NGA Show that really isn’t new but seemed fresh....More
Last week, at the National Grocers Association Annual Convention, I presented the topline findings from our annual 2012 NGA SupermarketGuru Consumer Panel Survey. As part of the session, we invited four powerhouse industry leaders to have a candid and unrehearsed discussion about the major themes and findings that we discovered....More
LOS ANGELES — Unified Grocers here said Wednesday sales and earnings increased during the first fiscal quarter, which ended Dec. 31, buoyed by the company's specialty-products division....More
CHESAPEAKE, Va. — Dollar Tree here said Wednesday it plans to continue to install freezers and coolers at additional stores this year “because frozen and refrigerated product drives traffic into our stores.”...More
JACKSONVILLE, Fla. — Winn-Dixie Stores here posted a loss of about $18 million for its second fiscal quarter in what was likely its last report as a publicly traded company....More
NEW BRUNSWICK, NJ — Johnson & Johnson on Tuesday named Alex Gorsky, a long-time company executive, to become chief executive officer effective April 26, 2012, the date of the company’s annual meeting....More
TORONTO — More than 1,500 workers at 12 Zellers locations in Ontario said they have ratified a new, three-year agreement with the chain as their union launches a battle with Target Corp., the company that is buying some of their their stores....More
BENTONVILLE, Ark. — Wal-Mart Stores here said Tuesday same-store sales in its U.S. operations rose 1.5% with higher traffic for the fourth quarter — the second consecutive period of positive comp sales and the fourth consecutive quarter of comp improvement....More
