AUSTIN, Texas — Whole Foods Market here said last week it intends to continue to invest in price to broaden its appeal to consumers — a strategy the company indicated is likely to result in lower earnings through the balance of the year....More
MONTREAL — Officials of Metro Inc. here have yet to reveal their plans for the nearly $500 million the company is receiving as a result of selling half its stake in the convenience store operator Alimentation Couche-Tard, but speculation that the retailer would use it to fund an acquisition continued last week....More
TAMPA, Fla. — As Delhaize America took the first steps toward the closure of 33 Sweetbay stores in Florida last week, speculation began as to when — and if — those locations might sell food again....More
NEW YORK – Following its emergence from Chapter 11 bankruptcy last March, A&P, Montvale, N.J., is nearly a year into a transformational IT overhaul expected to take 24-36 months and encompass all aspects of its business operations....More
Food retailers have a lot of questions heading into 2013.
Will the economy improve? Will consumer confidence improve? How much inflation will there be? What new taxes and regulations will they face?
SN surveyed supermarket and wholesaler chief executive officers around the country about their outlook for the year ahead, and those questions loomed large....More
As 2012 came to a close, Delhaize America overhauled its top executive ranks, as new Chief Executive Officer Roland Smith shook things up in an effort to reverse sluggish performance at the company....More