Supervalu on Monday said that it has finalized the sale of its Save-A-Lot business to an affiliate of Onex Corp. for $1.365 billion in cash, subject to customary closing adjustments. With the sale of Save-A-Lot, Supervalu said it is now a more focused company. In connection with the closing of the sale, Supervalu and Save-A-Lot […]
Category: National
Posted inNortheast, Food Service News, Home Page Latest News, National
Compliance, Enforcement Of Menu Labeling Rule Begins May 5
The Food and Drug Administration decided late last week that the compliance and enforcement deadline for the menu labeling rule is May 5, 2017. It changes the group’s earlier “clarification” that, although it would not enforce the menu labeling rule until May 5, retailers were still expected to be in compliance by Dec. 1. According […]
Posted inOnline Grocery Technology, Home Page Latest News, National
Forces Shaping Retail In 2017 Center Around Digital Landscape
Global consumer retail leader and private brand pioneer, Daymon, has released the four key areas that it says are essential for retailers and manufacturers to focus on in 2017. “There’s no denying that the fundamental rules of retail are being rewritten,” said Daymon CEO Jim Holbrook. “To stay relevant and successful next year, retailers and […]
Posted inSuppliers, Executive News, Home Page Latest News, National
General Mills Restructure To ‘Impact’ Hundreds Of Positions Worldwide
General Mills today announced a new global organizational structure that the Minneapolis-based company says will support growth and drive greater efficiency by streamlining the company’s leadership, maximizing global scale and increasing operational agility. The new structure is expected to impact approximately 400-600 positions worldwide, subject to consultation with employees and employee representatives in locations as required, […]
Posted in, Equipment & Technology, Home Page Latest News, National, Online Grocery Technology
Snapstar Launches First Grocery Brand Rewards App
Snapstar, the first grocery brand loyalty app that allows customers to get rewarded by brands, has launched its beta product, available for Android. Snapstar allows users to take a photo of their grocery receipt and be rewarded with gift cards, giveaways and more when they purchase products from more than 30 major brands. Users take […]
Posted inStore News, Corporate Store News, Grocery Industry, Home Page Latest News, National
Kroger’s 3Q Net Earnings Down Vs. A Year Ago
The Kroger Co. today reported net earnings of $391 million, or $0.41 per diluted share, and identical supermarket sales growth, without fuel, of 0.1 percent in the third quarter of 2016, which ended Nov. 5. Net earnings in the same period last year were $428 million, or $0.43 per diluted share. “I am proud of […]
Posted inBakery News, Association News, Dairy News, Deli News, Food Service News, Grocery Industry, Grocery News, Home Page Latest News, National, Private Label Brands
What’s In Store 2017: Shopper Behavior Steers Retail Trends
Today’s retailers are focusing less on overall growth and more on shopper behavior, including developing smaller, more productive stores; digital retailing and online shopping; and more tailored assortment strategies by region and season. This is one of the findings in “What’s in Store 2017,” the latest edition of the annual trends publication from the International […]
Posted inDeli News, Food Service News, Grocery Industry, Home Page Latest News, National, Shelby Originals
New Research On Fresh Prepared/Deli In Grocery Explores Retailer Opportunities
Food Marketing Institute (FMI) released its inaugural analysis, the “Power of Fresh Prepared/Deli,” which explores fresh prepared and deli foods through the eyes of the consumer. Grounded in Nielsen data, the research outlines how the supermarket industry will continue to identify improved ways to track consumer dynamics, convenience and household trends that have had a profound […]