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December 5, 2012
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  Retail Beat 
  • Giant Eagle will acquire 2 Pa. stores
    Giant Eagle is purchasing two Johnstown, Pa., stores that were independently operated by a family, who has decided to retire from the supermarket business. Basil, Edward and Carmen Trovato purchased the stores in 1986 and 1995. The deal is scheduled to close at year-end. Supermarket News (12/4) LinkedInFacebookTwitterEmail this Story
  • Central Grocers buys distribution unit
    Illinois cooperative Central Grocers is acquiring the distribution business of Dearborn Wholesale Grocers to improve capacity as a supplier to 400 independent groceries. The nearly century-old Central is the seventh-largest grocery cooperative in the country. Progressive Grocer (12/4) LinkedInFacebookTwitterEmail this Story
  • Wegmans will shutter Facebook page for Mass. store
    Wegmans Food Markets plans to close the Facebook page for its Northborough, Mass., store Sunday. Despite the page's nearly 7,500 fans and many disappointed customers, the company says the busy store's employees lack resources to maintain the page. "[O]ur Northborough employees don't feel they can pay close enough attention to Facebook, and still give incredible service to our customers in the store," according to a post on the page. Supermarket News (12/4) LinkedInFacebookTwitterEmail this Story
Get It Right: Pricing Strategies That Work
Many entrepreneurs hope for success by offering low prices, while in fact most world-class entrepreneurs succeed by setting higher prices. If you're not exactly sure which pricing strategy will work for your business, these 6 steps can help you set your company's prices for success. Read the exclusive article now.

  Trend-Spotter 
 
  • Supermarket access is limited for poor outside low-income areas
    The number of low-income people living in moderate- or high-income areas with limited supermarket access is higher than the number of people with limited access in low-income areas, according to a report from the USDA Economic Research Service. "Results from this study show that focusing only on low-income areas will miss access limitations of those who do not have a vehicle or are poor but do not live in low-income areas," the report says. Supermarket News (12/4) LinkedInFacebookTwitterEmail this Story
  • Moms turn to grocers and Internet for menu ideas
    Grocers that offer cooking classes and meal-planning help are more likely to attract mothers, who are increasingly interested in home-based food culture, according to a report from Packaged Facts. The report says 61% of moms enjoy cooking, and they increasingly are turning to the Internet and blogs for meal planning and product information. Progressive Grocer (12/4) LinkedInFacebookTwitterEmail this Story
  • U.K. discount grocers see market share increase
    The U.K. grocery market expanded 3.2% in the 12 weeks through Nov. 25, with discounters including ALDI and Lidl seeing strong growth as consumers became more budget conscious, according to Kantar Worldpanel. ALDI, which had 10% more shoppers and a 17% higher average sale, plans to add about 40 stores in 2013. The Guardian (London) (12/4) LinkedInFacebookTwitterEmail this Story
Building Workplace Trust 2015
Interaction Associates' 6th annual research study tracking trust on the job, Building Workplace Trust, is out, and more than half of employees surveyed give their organizations low marks for trust and leadership. Yet this year's findings again point to how high trust leads to better outcomes and financial results — and even boosts innovation.

  Health, Nutrition & Pharmacy 
 
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.

  Supplier News 
 
  • Other News
How to Achieve IT Agility: A Survival Guide for IT Decision Makers
When business teams add new apps and services to already-strained networks, IT departments are accountable for making everything work. Is your team ready for this challenge? Read this eGuide to learn how IT teams are automating their networks, why they're utilizing Ethernet fabrics and SDN, and what success looks like as they regain network control and business relevance.

  Technology Solutions 
 
  • Key Food will automate supplier-credit system
    Key Food Stores Cooperative in New York will soon implement a supplier-management tool, Recovery+, to eliminate lost supplier credits and centralize accounting. The Web-based tool is by management-solution provider Lavante. "Lavante's automated solution will enable us to quickly see the search results for missing credits and gain the benefit of those results much sooner than we would have using traditional manual methods or one-time auditing projects," Key Food Controller Tom Ricapito said. Progressive Grocer (12/4) LinkedInFacebookTwitterEmail this Story
The ROI of Privacy with TRUSTe Solutions
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.

  FMI Spotlight 
  • 61% of consumers use store-bought marinade to cook meat and poultry
    This is up from 53% in 2011. A total of 81% of shoppers marinate meat and poultry as part of cooking preparation. To learn more about meat trends, read the report The Power of Meat 2012 and learn more about the 2013 Annual Meat Conference. LinkedInFacebookTwitterEmail this Story
  • What percentage of consumers marinate meat using store-bought marinade?
    58%  38.75%
    70%  30.63%
    65%  20.00%
    61%  10.63%
Learn more
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  Daily Quote 
Thoughts, like fleas, jump from man to man. But they don't bite everybody."
--Stanisław Jerzy Lec,
Polish poet and aphorist


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