Supervalu, Fresh Market strike distribution deal
Supervalu and The Fresh Market have reached a long-term supply agreement for Supervalu to serve as a grocery wholesaler and distributor to the Greensboro, N.C.-based specialty food retailer.
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Walmart expanding rollbacks as price competition intensifies
Wal-Mart Stores has expanded a program of everyday price investments that began in select markets in June, a move that could accelerate what appears to be an industrywide trend toward heightening price competition as deflationary conditions continue.
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H-E-B buys 6 Sun Fresh sites in Dallas, 'evaluating' plans
H-E-B confirmed it has a deal in place to acquire six Dallas-area supermarket sites from Sun Fresh Market, but stopped well short of saying it meant the state's largest grocer would necessarily be bringing its flagship brand to its largest metro area.
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Aldi to establish Richmond regional HQ
In another sign of increasing competition in the Southeast U.S., Aldi announced plans to establish a new distribution center and regional headquarters in Dinwiddie County, Va.
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Target CEO: Long-term food fix needs short-term competitiveness
Target CEO Brian Cornell said he was disappointed with comp-store declines in food during the second quarter, and that the mass merchant would “revisit” presentation, assortment and promotion during the second half of the year with eyes on improving its competitive position in an increasingly feisty battleground.
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The ABCs of Gen Z
The youngest generation is everything Millennials aren’t. Here’s what they’re hungry for.
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Tops cuts losses in 2Q; deflation dings comps
Tops Group Holdings said that better gross margins helped to reduce losses during the fiscal second quarter, while same-store sales slid due to product price deflation.
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Haggen loss triggers 3Q sales dip for Unified
The loss of Haggen's Southwest business contributed to a sharp decrease in net sales and a $2.2 million loss during the fiscal third quarter for Unified Grocers, although operating income was flat on cost controls and improved gross margins, the cooperative said.
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Food-at-home deflation continues; protein dips intensify
Led by an intensifying price deflation in meat, the consumer price index for food at home continued to deteriorate during July — and contrast with inflationary conditions at restaurants.
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Walmart U.S. comps top estimates on traffic gain
Wal-Mart Stores said comparable-store sales in the U.S. during the second quarter topped the company's modest estimates, as shoppers rewarded improved store conditions with more visits.
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