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"I want to be clear, we still have lots of room to improve. And we’ve already put another line in the sand and have raised the bar higher for where we expect them to get to."
—GREG FORAN, Walmart
The food industry faces a number of challenges — no other market demands consideration of so many factors, from consumer demands to shifting trends, regional preferences or competitive offerings. For each of these elements, it is important to tra...
Food Lion is offering shoppers a $20 coupon for spending at least $40 per week for six weeks between now and Nov. 24.
To take advantage of the “Shop, Collect and Earn” promotion, shoppers must use their MVP card when they shop, and collect six...
Opportunities for increased sales of specialty foods exist among lower income consumers and the roughly 24.5 million Americans who are familiar with specialty foods but don’t currently purchase products in the space.
That’s according to the fi...
A recent study from The CMO Club and IBM showed that CMOs were finally shifting resources from customer acquisition to retention and loyalty. The benefits of retention have been well documented over the years, and with customers today so easily a...
“An LBO works if prices are cut so that Whole Foods emerges as a compelling growth story with a more sustainable margin structure."
— KAREN SHORT, Deutsche Bank
Wal-Mart Stores’ technology arm, @WalmartLabs, on Tuesday said it has acquired Silicon Valley software company PunchTab, with intentions of using the company’s technology to tailor offers to its Sam’s Club shoppers.
PunchTab marks WalmartLabs’...
Celebrity chef Robert Irvine was on hand to promote a new line of signature groceries available exclusively at Ahold's Giant-Landover chain at the retailer’s newest store, which opened Friday in Alexandria, Va.
Irvine, the muscle-bound host of...
Aldi, the food retailer demonstrating new possibilities for the limited-assortment discount format, has been selected as this year’s winner of the Retail Achievement Award by SN.
The award, presented annually since 2003, recognizes an outstand...