Supermarket News
Holiday Survey: Gift Card Sales Drop
WASHINGTON — For the second consecutive year in a row, the forecast for holiday gift card sales are negative, according to a survey released today by the National Retail Federation here. ...
Metro Forms Joint Venture With Dunnhumby
MONTREAL — Canadian retailer Metro here said yesterday it has formed a joint venture with Dunnhumby, the United Kingdom-based marketing organization, to improve consumer loyalty through development and implementation of more customer-centric strategies. ...
Ahold Plans Cost-Cutting Program
AMSTERDAM — Ahold yesterday said it plans to drive another 350 million euros — about $525 million U.S. — in costs out of its operations during the next three years. ...
Penn Traffic Files Bankruptcy, Again
SYRACUSE, N.Y. — Penn Traffic Co., based here, filed for Chapter 11 bankruptcy protection yesterday, just four years after emerging from a previous bankruptcy filing. ...
Wage Settlement Sinks BJ’s Q3 Earnings
NATICK, Mass. — An $11.7 million settlement with workers over a wage-and-hour lawsuit contributed to a 37% drop in quarterly net income for BJ’s Wholesale Club, the retailer said Wednesday. ...
Industry Applauds Food Safety Bill
ARLINGTON, Va. — Food Marketing Institute here yesterday said it supported the markup of the Food and Drug Administration Food Safety Modernization Act by the Senate Committee on Health, Education, Labor and Pensions. ...
Costco Gives Coca-Cola the Boot Over Pricing Dispute
ISSAQUAH, Wash. — Costco Wholesale Corp. won't replenish current inventories of Coca-Cola carbonated soft drinks, Dasani Water, Vitamin Water and several energy drinks until Coca-Cola agrees to lower prices, according to published reports citing a statement that appeared on Costco’s website....
Stigers Elected WAFC Secretary
LAKEWOOD, Calif. — The Western Association of Food Chains here said yesterday Mike Stigers, president of PW Markets, San Jose, Calif., has been elected secretary. ...
Rouses Launches Store-Brand Wine
NEW ORLEANS — Rouses Supermarkets has just introduced a line of store-brand traditional and premium wines....
Trade Groups Testify on EPA’s Regulation of Chemicals in Commerce
WASHINGTON — In a hearing yesterday before the U.S. House of Representatives Subcommittee on Commerce, Trade and Consumer Protection, a representative of the Grocery Manufacturers Association and two other trade groups proposed a risk-based model that the Environmental Protection Agency can use to review chemicals in commerce. ...
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