Supermarket News
House Passes Bill to Delay Medicaid Reimbursement Plan
WASHINGTON — The U.S. House of Representatives yesterday voted 355 to 69 in favor of a bill that would delay implementation of a Medicaid reimbursement plan said to be highly detrimental to retail pharmacies. ...
Rite Aid Settles Expired Formula Suit in N.J., Faces Legal Action in N.Y.
NEWARK, N.J. — Rite Aid Corp., Rite Aid of New Jersey and Eckerd Corp. have agreed to a $650,000 settlement to resolve a lawsuit alleging the chain sold expired and incorrectly priced infant formula, baby food, non-prescription drugs and other products in its New Jersey locations in 2006. ...
Independent Supermarkets See Margin Gains
ARLINGTON, Va. — Independent supermarkets increased their net profit before taxes by 76 basis points, to 1.52%, in the most recent year, according to a survey released yesterday by the National Grocers Association here and financial services company FMS Inc., Pasadena, Md. ...
Oregon Independent Wins 'Visionary' Award
LOS ANGELES — The father-and-son team that owns the seven Market of Choice locations in Oregon were named winners of the annual Ben Schwartz Retail Grocery Visionary Award, presented by Unified Grocers here. ...
Kroger Boosts Fiscal-Year Guidance After Strong Q1
CINCINNATI — Kroger Co. here said net income for its fiscal first quarter, which ended May 24, rose 14.7% to $386 million, with per-share earnings hitting a record of 58 cents, compared with 47 cents a year ago. ...
Ukrop’s Hosts Private-Label Super Sale
RICHMOND, Va. — Summer is in full swing at Ukrop’s Super Markets, which is running a major summer-themed, private-label sale. ...
Central Grocers Gets Labor Incentives for Move
FRANKLIN PARK, Ill. — Central Grocers here will receive $3.9 million in incentives from Illinois to relocate its distribution center from here to Joliet, Ill....
A&P Adjusts Pathmark’s 2007 Results
MONTVALE, N.J. — A&P here yesterday released a summary of year-ago financial results from Pathmark Stores, adjusted to conform with A&P’s financial calendar and to conform with A&P accounting practices....
Groups Urge EPA to Revise Food-to-Fuel Mandates
WASHINGTON — The Environmental Protection Agency was urged here yesterday to freeze federal food-to-fuel mandates for 2008 and 2009 at the U.S. production levels for 2007, in a letter sent by the Grocery Manufacturers Association, American Beverage Association, Snack Food Association and other industry groups. Food and feed prices, severe weather, social unrest and the environmental costs of fuel derived from food crops were cited as grounds for a revision of the Energy Independence and Security Act of 2007. “The rapid expansion of corn ethanol and biodiesel has increased demand for corn and vegetable oils, increased the price of products which use corn and vegetable oils as ingredients, and increased the price of other crops that compete with corn and soybeans for acres,” the letter reads. “Between 2006 and 2008, U.S. corn ethanol production accounted for 75 percent of the growth in global demand for coarse grain and 50 percent of the growth in demand for all grains.”...
United Supermarkets Retrofits Cases With LED Lighting
LUBBOCK, Texas — United Supermarkets here has retrofitted low- and medium-temperature refrigerated display cases in all of its 47 stores with a light-emitting diode (LED) solution from Lumination, Cleveland, a GE Consumer & Industrial business. ...
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