Driven by stronger same-store sales and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a moderate gain in October. IFT Daily News
Bad weather in Mexico has greatly reduced the spring lime crop, sending the prices for the citrus fruit to never-seen-before highs. read more Supermarket News
Moody’s Investors Service on Monday said it upgraded its outlook for the debt of A&P, citing some gains the chain has made, as well as cash generated through asset sales. … Continue Reading →
Whole Food Market on Wednesday tempered its sales and earnings growth forecast for the current fiscal year after posting results below analysts’ expectations for its fiscal first quarter. read more … Continue Reading →
Despite a flurry of legislative and regulatory activity in January around industry issues such as the Farm Bill and the Affordable Care Act, the forecast this year calls for a … Continue Reading →
Growers in Florida and California are anticipating a drop in citrus production this season. read more Supermarket News
NEW YORK — Citing the possibility of increasing competition, Moody’s Investors Service here said Wednesday it has changed the ratings outlook for Roundy’s Supermarkets, Milwaukee, to negative from stable. read … Continue Reading →
MINNEAPOLIS — Target Corp. here on Wednesday lowered its sales and earnings forecast for the year, citing weak spending from cautious consumers. read more Supermarket News
BENTONVILLE, Ark. — Wal-Mart Stores last week reported sales below expectations for the second consecutive quarter, prompting the retailer here to slash bullish sales projections. read more Supermarket News
BRAMPTON, Ontario — Loblaw Cos. on Wednesday revised its yearly earnings projections upward after reporting sales and earnings increases for the fiscal second quarter. read more Supermarket News
