HIGHLAND, Ind. -- Health and beauty care sales increased 12% at a Strack & Van Til unit after 500 retail prices were reduced to match Wal-Mart and Target's pricing. The HBC volume was boosted at a 90,000-square-foot Lansing, Mich., Cub Foods warehouse store after margins were slashed to about 16% from 19%. Categories include oral care, analgesics, cough and cold, deodorant and hair care. In some cases, retail prices were cut 20%. "We may have given up 3% to 4% in nonfood gross, but we ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.