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November 9, 2012
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  Retail Beat 
  • Big profit, little attention for private chain
    Nathan "Natie" Kirsh is a South African billionaire who owns 86 Restaurant Depot stores and 10 Jetro Cash & Carry stores, including a Restaurant Depot in New York City that was packed with customers after superstorm Sandy. "We are private, we are profitable and we have fun," Kirsh said of Jetro Holdings, which reportedly generated more than $6.5 billion in revenue during the past year and has a margin nearly double that of Costco Wholesale. Bloomberg Businessweek (11/9) LinkedInFacebookTwitterEmail this Story
  • Rebate keeps Meijer's turkey prices low
    Meijer customers who spend $20 can buy a turkey for as little as 43 cents per pound, using a rebate that gives $10 or $17 off, depending on size. "Meijer is proud to have truckloads of turkeys ready for the holidays while driving our prices down," said Jerry Suter, vice president of fresh merchandise. Supermarket News (11/8) LinkedInFacebookTwitterEmail this Story
  • Hy-Vee will honor veterans with free breakfast
    Hy-Vee locations with in-store dining will celebrate Veterans Day with a breakfast buffet that is free for veterans and available to others at a low cost. "Hy-Vee's Veterans Breakfast is one of the most rewarding activities we sponsor each year," President Randy Edeker said. "It's an opportunity for communities to come together to thank our veterans for the sacrifices they have made to secure our freedoms." Supermarket News (11/8) LinkedInFacebookTwitterEmail this Story
  • Another generation discovers hard cider
    Hard cider, popular with Americans hundreds of years ago, is returning to favor, with sales up 65% as large companies and artisan brewers offer the drink. Amanda Geiger of Binghamton, N.Y., said she likes the variety: "You've got your drier ones, your sweeter ones, you've got your spiced ones. And I just think there's more room for everyone's taste in there." National Public Radio (text and audio)/The Salt blog (11/8) LinkedInFacebookTwitterEmail this Story
  Health, Nutrition & Pharmacy 
  • MinuteClinic marks Diabetes Month with free screening
    MinuteClinic locations are providing free diabetes screening throughout November, which is American Diabetes Month. "By providing convenient diabetes screenings at no cost, we hope to expand awareness of diabetes risk factors and help put some of our patients back on the path to better health," said Nancy Gagliano, chief medical officer for MinuteClinic, which has 600 locations at CVS/pharmacy stores. Drug Store News (11/8) LinkedInFacebookTwitterEmail this Story
  • ZoomCare continues clinic expansion
    ZoomCare, a retail medical clinic founded in 2006, recently opened a location in Boise, Idaho, and is planning six more in Oregon and Washington. The chain, with 14 clinics, was started by two physicians in Portland, Ore., and focuses on low overhead and good customer service. The Oregonian (Portland) (11/8) LinkedInFacebookTwitterEmail this Story
  Supplier News 
  • Dannon taps top chef for Greek yogurt recipes
    Richard Blais, winner of "Top Chef All-Stars" on Bravo, is creating recipes for Dannon using Oikos Greek yogurt. "I am excited to work with Dannon Oikos on their Tasty Additions to Your Traditions campaign and provide recipes that are a great addition to a healthy lifestyle," he said. Progressive Grocer (11/8) LinkedInFacebookTwitterEmail this Story
  • Carbonated aloe drink debuts from Novamex
    Alova, a sparkling aloe vera beverage with 70 to 80 calories per bottle, has been introduced by Novamex and is available nationwide at The Fresh Market. The drink comes in cucumber/mint, grapefruit and mandarin orange. The Fresh Market was instrumental in product development and flavor selection. Drinks Business Review (11/9) LinkedInFacebookTwitterEmail this Story
  Technology Solutions 
  • SkuLoop is purchased by Revionics
    SkuLoop, which optimizes promotions through social commerce, has been acquired by Revionics. The latter will add a social-marketing platform, Revionics Social Commerce, which will incorporate social interaction in demand analysis. "A lot of companies claim they can promote social engagement, but SkuLoop was the only one that could work within a retailer's system and go beyond 'likes' to driving key retailer metrics, including revenue and margin," Revionics President and CEO Marc Hafner said. Progressive Grocer (11/8) LinkedInFacebookTwitterEmail this Story
  FMI Spotlight 
  • Looking for past FMI webinars?
    Visit the FMI Webinar Archive for recordings of webinars -- including Speaks and Trends -- meat trends, health and wellness, food prices, government relations and more. LinkedInFacebookTwitterEmail this Story
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Ideals are like stars ... you choose them as your guides, and following them, you will reach your destiny."
--Carl Schurz,
German-born American statesman

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