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February 15, 2013
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  Retail Beat 
 
  • 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) LinkedInFacebookTwitterEmail this Story
  • 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) LinkedInFacebookTwitterEmail this Story
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  Trend-Spotter 
 
  • 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) LinkedInFacebookTwitterEmail this Story
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

  Health, Nutrition & Pharmacy 
 
  • BI-LO integrates prescription and loyalty programs
    BI-LO has launched a pharmacy-discount program to ease the cost of prescription drugs. The program deeply discounts more than 450 drugs and offers other promotions to enrollees. The initiative operates through the retailer's customer-loyalty card, Bonuscard. Progressive Grocer (2/14) LinkedInFacebookTwitterEmail this Story
  • 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) LinkedInFacebookTwitterEmail this Story
  • 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) LinkedInFacebookTwitterEmail this Story
The ROI of Privacy with TRUSTe Solutions
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  Supplier News 
 
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  FMI Spotlight 
  • 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. LinkedInFacebookTwitterEmail this Story
Learn more about FMI ->Home | News | Events | Research | Policy Positions | Newsletters | FMI Store

  Food Safety and Security 
  • 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) LinkedInFacebookTwitterEmail this Story

  Daily Quote 
In order that people may be happy in their work, these three things are needed: They must be fit for it; they must not do too much of it; and they must have a sense of success in it."
--John Ruskin,
British art critic


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