Wegmans Food Markets plans to freeze prices on a list of items that includes summer favorites such as condiments and hot dog and hamburger buns, most under the retailer's private brand. The freeze begins Sunday and runs through Aug. 25. It is part of a plan started in 2011 to freeze prices on a changing roster of seasonal items.
Safeway CEO Steve Burd told analysts that the company is not preparing for a buyout, saying recent activities including stock buybacks and Robert Edwards' promotion to president are not "preparation for some other event." "Everything that you described -- even though you pieced them together and tried to do some sort of connection of dots -- is happening [as part of a] normal course," Burd said.
Meijer is partnering with the Global Aquaculture Alliance and the Sustainable Fisheries Partnership to ensure its seafood comes from sustainable sources. "As Meijer continues to refine its seafood-sustainability program, we have internally pledged to only work with seafood suppliers that share our commitment toward seafood sustainability and have a genuine interest in being involved in the solution," said Chief Operating Officer J.K. Symancyk.
Mother's Day celebrants are expected to spend $163 on average this year, a 10% increase compared with 2011, totaling nearly $17.2 billion, according to a Brand Keys survey. While shoppers last year favored technology gifts such as e-readers and smartphones, "this year, they're going with more traditional gifts, including cards, brunch or dinner, flowers, jewelry and clothing," said founder and President Robert Passikoff.
Analyzing ROI for RIFD in Retail RFID-based inventory management delivers tremendous benefits to retailers, including significant revenue uplift, enhanced customer service, confident omni-channel execution, and inventory analytics. RFID can lead to sales uplifts of 5% to 15%, learn how in this free paper.
Researchers at the University of Washington found that frequent intake of white potatoes is not linked to the onset of obesity or type 2 diabetes or to a higher C-reactive protein level when demographic factors are taken into account. The study was reported at the Federation of American Societies for Experimental Biology Conference.
Krispy Kreme Doughnut introduced the Glazed Lemon Pie this month at retailers. It is available while supplies last. The Glazed Peach Pie will launch in June. "The Glazed Lemon and Peach pies are the first of a new line of seasonal flavors we are excited to share with fans of our popular chocolate, apple and cherry-filled pies," said Mark LaBrecque, senior director of U.S. marketing activation.
FMI2012 starts Monday! The food-retail industry's premier event will bring more than 6,000 guests to the great state of Texas. Intriguing educational sessions and inaugural events, such as the Supermarket Chef Showdown, will excite attendees and challenge their businesses. Learn more about the program
Shoppers in Shanghai will soon be able to order Tesco groceries online for home delivery. The U.K. retailer opened a distribution center in Zhejiang province in 2011 to support expansion in China, where it plans to open 16 stores this year.
Neogen said it developed a 10-minute salmonella-detection test that yields DNA-definitive results in 10 hours. The test, ANSR, would replace the time-consuming polymerase chain reaction test, which relies on cycles of heating and cooling.