Bourbon is a boon to sales
Bourbon is busting out of the confines of mint julep glasses and oak-paneled men’s clubs to become one of the fastest growing liquors, with sales skyrocketing 40% in the last … Continue Reading →
Bourbon is busting out of the confines of mint julep glasses and oak-paneled men’s clubs to become one of the fastest growing liquors, with sales skyrocketing 40% in the last … Continue Reading →
Loblaw posted a small sales gain and slightly lower earnings during the fiscal fourth quarter, citing the effects of cost reductions and subsequent pricing investments in a strong competitive environment. … Continue Reading →
Stater Bros. Markets said its net income more than doubled in the first fiscal quarter, and same-store sales grew 1.42% over year-ago levels. read more Supermarket News
National Retail Federation on Thursday projected a 4.1% increase in retail sales for 2014, up from an estimated 3.7% growth in 2013. read more Supermarket News
Unified Grocers, the Los Angeles-based retailer-owned cooperative, has named Leon Bergmann to the new post of executive vice president, sales and procurement. read more Supermarket News
CVS/pharmacy announced Wednesday that will stop selling cigarettes and all tobacco products at all stores nationwide by Oct. 1. read more Supermarket News
The Lempert Report reports that nearly three-quarters of consumers state that perimeter fresh foods are the main draws of supermarkets. read more Supermarket News
Walmart on Friday said that its fourth quarter profits would likely be lower than anticipated, citing store closures and tax contingencies in international markets, as well as slower than expected … Continue Reading →
Metro Inc. on Monday said sales were flat in its first fiscal quarter, while same-store sales declined 0.5% and earnings also declined relative to a year ago. read more Supermarket … Continue Reading →
Supermarket private label unit and dollar share reached 23.4% and 19.4%, respectively, according to Nielsen data for the 52-week period ending Nov. 23, 2013. read more Supermarket News