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May 29, 2012
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  Retail Beat 
 
  • Giant Eagle tests low-cost concept Valu King
    Giant Eagle launched a supermarket concept, Valu King, in Ohio that offers low prices and fresh perishables. The store, which has a meat counter and a cheese counter and sells some closeout items, "is a hybrid between a traditional supermarket and a value operator," said John Tedesco, senior vice president of Valu King. "We don't have the variety that you'll find in your typical supermarket, but we do have name brands." The Plain Dealer (Cleveland) (5/29) LinkedInFacebookTwitterEmail this Story
  • Tesco speeds online shopping with IT launch
    Tesco is using the Nolio ASAP system to improve online shopping by creating a uniform information technology standard for the entire chain. "Nolio allows us to greatly speed up our rollout processes and ensure higher quality of releases," said Vipul Shah, head of release deployment and software-configuration management. "The product's ease of use is hugely beneficial to us in terms of maintainability and reducing overhead." InternationalSupermarketNews.com (U.K.) (5/28), Retail Week (U.K.) (subscription required) (5/28) LinkedInFacebookTwitterEmail this Story
  • 3 regional presidents are chosen at Whole Foods
    Whole Foods Market named presidents for the Mid-Atlantic, Southern and Northern California regions. Scott Allshouse, most recently president for the South, moved to the Mid-Atlantic. Omar Gaye, previously vice president for the South, was promoted to president. Rob Twyman switched from vice president for the Northeast to president for Northern California. Progressive Grocer (5/25) LinkedInFacebookTwitterEmail this Story
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  Trend-Spotter 
 
  • Brands build smaller packages for tighter times
    International brands including Nestle and Unilever have been creating smaller packages of many staples including coffee, tea and noodles to cater to cash-strapped European consumers. Tighter economic times are also spurring growth of private-label lines at supermarket chains including Tesco and Carrefour. The Wall Street Journal (5/28) LinkedInFacebookTwitterEmail this Story
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  Independent Operator Spotlight 
  Health, Nutrition & Pharmacy 
  • Breaking sugar addiction one different food at a time
    Humans are born craving sweet food, but constantly indulging that craving is unhealthy and can dull the ability to embrace new or more nutritious food, according to The Wall Street Journal. Learning to enjoy nonsweet food takes work but can be accomplished by trying bitter or different food, eating ethnic food and learning more about food that is not immediately appealing. The Wall Street Journal (5/25) LinkedInFacebookTwitterEmail this Story
  • Study touts health and safety of canned fruits and veggies
    Research from Michigan State University shows that canned fruits and vegetables are safer and as nutritious as fresh options, and sometimes more nutritious. They are also inexpensive, easy to use and have a long shelf life, according to a summary of findings from the Can Manufacturers Institute. Progressive Grocer (5/25) LinkedInFacebookTwitterEmail this Story
  Supplier News 
  • Brazilian food company will join General Mills
    Yoki Alimentos, a family-owned food company founded in 1960 in Brazil, is being acquired by General Mills for $857 million. "We plan to focus on building the strong Yoki and Kitano product portfolio, expanding our current Haagen-Dazs and Nature Valley businesses in Brazil and introducing additional General Mills brands in this important market over time," said Chris O'Leary, executive vice president and chief operating officer for General Mills. Food Business Review (5/25) LinkedInFacebookTwitterEmail this Story
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Top five news stories selected by FMI dailyLead® readers in the past week.

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  FMI Spotlight 
  • What are the top macrotrends in the food-retail industry?
    Find out from President and CEO Leslie G. Sarasin's "Industry Speaks" session at FMI2012. The full transcript is available at FMI2012.com. LinkedInFacebookTwitterEmail this Story
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  Global Update 
  • U.K. grocers and food-makers offer job advice
    Supermarket chains Tesco, ASDA and J Sainsbury are joining food-makers in a U.K. program to give young people a sense of job opportunities in the field and practical tips on putting their best foot forward in a job search. "Tesco is creating 20,000 jobs over the next two years, including many opportunities for young people," a company representative said. The Telegraph (London) (5/27) LinkedInFacebookTwitterEmail this Story
  Daily Quote 
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
--Warren Buffett,
American businessman, investor and philanthropist


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