Safeway considers real estate investment trust in Canada | Black consumers present highest mobile aptitude | Duckweed Urban Market in Fla. eyes larger space
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March 7, 2013
FMI dailyLead
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Retail Beat
Safeway considers real estate investment trust in Canada
Safeway might put its Canadian properties in a real estate investment trust, an executive told analysts. The company explored putting U.S. properties and its Property Development Centers in REITs but decided against it, the executive said. Reuters (3/6)
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Kroger supports education with volunteers and donations
Kroger's Central Division is donating at least $3.8 million between 2011 and 2013 for K-12 education, and volunteers are contributing thousands of hours of their time. The program includes grants for schools and libraries; a partnership with the Summer Youth Program Fund; and donations of money and books to the Community Rewards program to improve literacy in low-income families. Progressive Grocer (3/6)
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Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

Trend-SpotterSponsored By
Black consumers present highest mobile aptitude
Research by Prosper Insights & Analytics shows that black consumers score highest in mobile aptitude, indicating greater use of mobile devices, particularly to assist with purchases. Shoppers with high mobile aptitude are likely to treat bricks-and-mortar stores as showrooms and use their devices to comparison-shop, get more information on products and seek discounts and deals. Progressive Grocer (3/6)
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Zavers by Google is smart for retailers
Zavers is a fast and easy way to offer the right coupons to the right shoppers. Shoppers find manufacturer discounts on their favorite retailer websites, or across the web, and add digital coupons to their online accounts. Savings are automatically deducted at checkout when shoppers swipe their rewards card or type in their phone numbers.
Learn more
 
Independent Operator SpotlightSponsored By
Duckweed Urban Market in Fla. eyes larger space
Small, independent Duckweed Urban Market is considering moving to a larger space in downtown Tampa, Fla. The move, still under negotiation, would mean an expansion from 600 square feet to about 2,500. The store would open in July, said Michelle Deatherage, who owns Duckweed with husband Brent. The Tampa Tribune (Fla.) (3/6)
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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 & PharmacySponsored By
Study: Americans eat fewer calories, but obesity persists
Although daily energy intake dropped by 74 calories between 2003 and 2010, the obesity rate in women remained at 35% from 1999 to 2010 and increased among men from 27% to 35% in the same period, according to the Centers for Disease Control and Prevention. Experts offer several possible explanations, including the possibility that people are not getting sufficient exercise. The research appears in The American Journal of Clinical Nutrition. Reuters (3/6)
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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.

Supplier News
Honest Fizz can highlights natural ingredients
Honest Tea's soda line, Honest Fizz, is packaged in a can with plenty of white space, a fruit graphic and the words "Naturally Sweetened Zero Calorie Soda." Creative Director Michael Kravit says the tall, slim can suggests the "ingredients are more premium than what you would normally get." The drink from the Coca-Cola brand comes in Orange Pop, Lemon Limey, organic Root Beer and Professor Fizz, a cherry flavor. The Wall Street Journal (3/6)
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Gerber adds toddler line Graduates 2+ Kid Selects
Gerber Products has introduced Graduates 2+ Kid Selects, a line of vegetable, protein and grain options for toddlers. "Gerber Graduates 2+ Kid Selects offer a range of different meal combinations while allowing toddlers to join the family table and learn important feeding skills," said Kathleen Reidy, head of nutrition science at Nestle Infant Nutrition. Drug Store News (3/6)
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FMI Spotlight
At 2 p.m. Eastern today: FMI webinar on leadership
What characterizes your best professional relationships? Today's first in a series of Future Connect webinars will discuss how to develop trusting relationships, working with Barry Rellaford, co-founder of FranklinCovey's Speed of Trust Practice and co-author of "A Slice of Trust." Register to sign in at FMI.org.
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In 2012, 46% of retailers provided in-store cooking classes
According to FMI's 2012 Retailer Contributions to Health and Wellness survey, nearly 50% of consumers are confused by conflicting health information. Cooking courses is one emerging trend retailers use to help customers meet health goals. Get more tools to meet customer needs with Let's Put Our Plates Together.
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What percentage of retailers provided in-store cooking classes in 2012?
36%  75.80%
46%  15.29%
56%  8.92%
Food Safety and Security
FDA issues guidelines for cantaloupe safety
The FDA has released food-safety guidelines for cantaloupe and other netted melons. The guidelines can be downloaded for free and apply to companies of all sizes at all stages of the supply chain. Progressive Grocer (3/6)
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Editor's Note
Correction
A summary in Wednesday's dailyLead misidentified the country in which shoppers are purchasing fewer private-label items. It is the Czech Republic. The dailyLead regrets the error.
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The Checkout
The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom."
-- Isaac Asimov,
Russian-born American author and biochemist
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