With rising health awareness and concern about binge drinking driving sales of low and non-ABV (alcohol by volume) beers among consumers, it seems counter-intuitive that innovation in strongly alcoholic beers … Continue Reading →
Although same-store sales and customer traffic levels softened somewhat in May, the National Restaurant Association’s Restaurant Performance Index (RPI) remained in positive territory. IFT Daily News
Driven by restaurant operators’ more optimistic outlook for future business conditions, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a modest gain in January. IFT Daily News
AUSTIN, Texas — Whole Foods Market here has increased its store-count goal to 1,200 — up from the 1,000 units it has been projecting for several years — according to … Continue Reading →
NEW YORK — Key Food Stores Cooperative’s newest banner — a hybrid gourmet and conventional supermarket known as Urban Market — opened its doors in the hip Brooklyn neighborhood of … Continue Reading →
NEW YORK — Moody’s Investors Service here said Friday online grocers in the U.S. pose little threat to brick-and-mortar stores, accounting for only 0.5% of the $ 973 billion spent … Continue Reading →
CINCINNATI — Investors seemed to like the idea of a Kroger-Harris Teeter merger as shares of both companies rose following news of the planned $ 2.5 billion transaction. read more … Continue Reading →
NEW YORK — Several headwinds will serve to constrain online grocery growth in the coming years, according to Fitch Ratings here. read more Supermarket News
BRUSSELS — Delhaize Group here said Wednesday that underlying operating profit in the U.S. improved in the first quarter, buoyed by stronger sales from continuing operations. read more Supermarket News
BARRINGTON, Ill. — Two-thirds of retail executives recently surveyed are now involved in big data projects and 27% of these projects are already “in production,” according to a report from … Continue Reading →
