About one-fourth (24%) of consumers would shop for groceries at a cheaper store than they do today if food prices continue to rise, according to a survey released by Citigroup Global Markets here last week. The study...
At least six class-action lawsuits have been filed in Federal District Court against Hannaford Bros. and its parent company, Delhaize Group, following the chain's disclosure that up to 4.2 million credit and debit...
Michigan is moving toward becoming the first state to offer food stamps twice a month, after the state Senate passed a bill authorizing the change. This is something we've been pushing for for years, Linda Gobler...
Retailers for the most part seem to be convinced that for every dollar that consumers save by substituting a cheaper product, a new dollar lands in the till from increased spending on higher-cost product and from...
In a fourth-quarter earnings conference call with investors, Steve Burd, chairman, president and chief executive officer, Safeway, Pleasanton, Calif., said consumers have become “more cautious.”
“I think some of tha...
Supermarkets will face more food-cost inflation in 2008 than they did in 2007, and the increases will be difficult for many operators to pass on to their customers, according to a survey conducted last month by SN...
Supermarkets will face more food-cost inflation in 2008 than they did in 2007, and the increases will be difficult for many operators to pass on to their customers, according to a survey conducted last month by SN...
The House Judiciary Committee has introduced legislation that calls for merchants, credit card companies and banks to negotiate interchange fees that would be set for three years at a time. The fees, which are charged...
Michigan could become the first state to switch to a twice-a-month food-stamp program after the state Senate yesterday passed a bill authorizing the change.