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| Retail Beat |  |  |
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- Whole Foods expects wide-appeal effort to hit bottom line
Whole Foods Market has predicted a lower profit margin during the next three quarters as a result of trying to attract cost-conscious shoppers. "We know that one of the keys to broadening our appeal and growing our sales over the longer term is to improve our relative value positioning," co-CEO Walter Robb said. "As such, we are not forecasting an improvement in gross margin this year." The Wall Street Journal
(2/13)      
- Stater Bros. predicts better earnings within fiscal year
Stater Bros. Markets plans to maintain a low-margin pricing strategy, executives say, and the company expects improved earnings later this fiscal year. The supermarket implemented a policy of keeping prices low despite inflated costs to attract a greater customer base. "We feel it is important to retain our customers so when the economy does finally turn around, they will still be shopping at their local Stater Bros. supermarket," Chairman and CEO Jack Brown said. Supermarket News (free registration)
(2/14)
| Trend-Spotter | | |
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- Beef Backer Award goes to 4 grocers
Four supermarkets -- Boulim's Fresh Foods, Redner's Warehouse Markets, Harris Teeter and Tops Friendly Markets -- have taken home the Beef Backer Award from the Cattle Industry Annual Convention and the National Cattlemen's Beef Association trade show. The award recognizes each retailer's outstanding effort in merchandizing beef. Supermarket News (free registration)
(2/14)
| Health, Nutrition & Pharmacy | | |
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- Review backs diabetes link to high-glycemic diet
Eating high-glycemic food increases the risk of diabetes, an analysis in The American Journal of Clinical Nutrition indicates. Researchers say the risk of developing diabetes is 45% higher for every additional 100 grams of sugar per 2,000 calories daily. Reuters
(2/14)
- Opinion: Nanoparticles in food must be studied
Nanoparticles, which are increasingly present in food, must be subjected to greater study before becoming widespread, As You Sow CEO Andy Behar writes. Behar argues that nanoparticles could subject consumers to side effects and must face deeper scientific inquiry. "There are not nearly enough studies that can adequately demonstrate the safety of nanoparticles in food additives or packaging," Behar writes. CNN
(2/14)
| Supplier News | | |
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| FMI Spotlight | | |
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FMI online education is available for store-level training
Looking to supplement your store- and management-level training? FMI offers more than 100 courses across topics such as food safety, product merchandising, pharmacy operations and more. Review the catalog for pricing by visiting the online education portal.
| Food Safety and Security | | |
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- Sequestration threatens meat, egg and poultry sales
With sequestration looming, Agriculture Secretary Tom Vilsack is contemplating furloughing food-safety inspectors for two weeks to meet budget requirements. Industry representatives have stated their fear that this plan, which Vilsack says is "the last option," could lead to a shortage of meat, poultry and eggs because producers cannot sell such products without inspection. Supermarket News (free registration)
(2/14)
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