Unpredictable weather, consumer demand cause olive oil, vanilla prices to soar
According to Bloomberg, erratic weather in Spain and Italy is causing shortages in the global olive oil markets, and it is expected to get worse. IFT Daily News
Tag: Weather
February weather dampened U.S. restaurant sales
Despite dampened sales and customer traffic levels as a result of extreme weather in parts of the United States, the National Restaurant Association’s Restaurant Performance Index (RPI) held relatively steady … Continue Reading →
Price investments, weather fuel Q1 sales at Delhaize
Price investments and severe winter weather helped Delhaize’s U.S. stores post a 4.6% comparable-store sales increase in the first quarter, the retailer said Wednesday. read more Supermarket News
Weather puts focus on grocery essentials
This winter’s harsh weather conditions may be having a negative impact on impulse spending at supermarkets, industry analysts told SN last week — although overall the cold and snow may … Continue Reading →
How do your believe this winter’s severe weather is impacting your business?
It’s driving sales down vs. a year ago It’s driving sales up vs. a year ago No impact overall despite the snow and cold I live someplace nice and warm … Continue Reading →
Weather may have impacted restaurant traffic in December
As a result of softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a moderate decline in December. IFT Daily News
Supermarkets Withstand Weather Challenge
Cora Weisenberger ST. LOUIS — Heavy snowfall and subzero temperatures sent Midwesterners scurrying to local grocery stores to prepare, but it was a challenge that didn’t send retailers adrift. read … Continue Reading →
Cool Weather Chills Target Results
MINNEAPOLIS — Target Corp. here on Wednesday said poor weather and tax-burdened shoppers led to soft sales and earnings in the fiscal first quarter. read more Supermarket News
Weather, Tax Woes Sink Wal-Mart Comps
BENTONVILLE, Ark. — Wal-Mart Stores said Thursday that smaller and slower-arriving tax returns and unseasonable weather contributed to sales that were below the retailer’s modest ambitions in the fiscal first … Continue Reading →
Cold Weather in West Slows Vegetable Production
Cold weather in the Western growing states and Mexico has delayed vegetable production and might have caused some freeze damage to produce, industry and government groups said. read more Supermarket … Continue Reading →