MINNEAPOLIS — Stock in Nash Finch dropped to a 52-week low in afternoon trading Thursday after the company said competitive pressure and slowing inflation triggered a “challenging” second quarter. read … Continue Reading →
MINNEAPOLIS — Supervalu last week said it would seek strategic alternatives including a potential sale of all or part of the company as part of sweeping plans to slash expenses … Continue Reading →
ARLINGTON, Va. — Both the Food Marketing Institute and National Grocers Association here said last week they were opposed to President Obama’s plan to allow the so-called Bush tax cuts … Continue Reading →
Procter & Gamble currently serves approximately 4.4 billion customers, or 64% of the global population. But Bob McDonald isn’t ready to stop yet. By tapping into new countries and expanding … Continue Reading →
NEW YORK — Family Dollar Stores intends to increase its assortments of frozen and refrigerated products as a result of its partnership with McLane Co., though it hasn’t determined how … Continue Reading →
The extent and severity of these drought conditions likely mean retail price hikes will be noticeable and indiscriminate. Refresh read more Supermarket News
PepsiCo Chairman and Chief Executive Officer Indra Nooyi hit the reset button this year, revealing a plan to eliminate 8,700 jobs to help fund $ 1.5 billion in savings by … Continue Reading →
If Unilever’s North American President Kees Kruythoff appears to be having a good hair day, it’s likely the result of Dove, Tresemmé, Suave or one of the other established brands … Continue Reading →
This last year has been a big one for Kraft Foods, and the year ahead promises to be even bigger. read more Supermarket News
It gained global nonalcoholic ready-to-drink volume and value share by capturing nearly 30% of industry volume growth and nearly 40% of industry value growth. It has sold more than 700 … Continue Reading →
