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Supermarket/Grocery

  • Duane Reade opens second ‘up market’ concept in Manhattan’s Financial District

    New York -- Drugstore retailer Duane Reade, a division of Walgreens, is expanding its Manhattan footprint with a second distinct location in the city’s Financial District. The new, 22,000-sq.-ft. store boasts a number of amenities, and—in a first for a U.S. drug store—also features a museum-quality exhibit that pays tribute to the neighborhood and hallowed grounds of downtown Manhattan. 

  • Myers Group installing QThru mobile platform for smartphone checkout

    New York -- Myers Group plans to install the QThru mobile platform, which enables shoppers to scan items with a smartphone as they shop, in its supermarkets. The company has been testing the system for six months at its IGA Ridge Supermarket in Snoqualmie, Wash.

  • Fate of mom-and-pop at center of Indian investment debate

    The rhetoric over allowing foreign direct investment in India is reminiscent of the rhetoric that would have occurred in the United States 30 years ago had Walmart’s critics knew then what they profess to know now.

  • June unemployment rate unchanged

    According to the Employment Situation report from the Bureau of Labor Statistics, the national unemployment rate held at 8.2%. Nonfarm payroll employment continued to edge up in June, with 80,000 jobs added.

    Professional and business services added 47,000 jobs in June, while health care added 13,000 jobs and wholesale trade added 9,000 in June.

  • Yakult Light to enter market

    TORRANCE, Calif. — Yakult U.S.A. is introducing a probiotic drink to the U.S. market.

    Yakult Light, which has nearly two-thirds less sugar and one-third fewer calories than regular Yakult, contains active probiotic bacteria called Lactobacillus casei strain Shirota. The product also is made with natural sweeteners and natural flavors, and is free of preservatives, gluten and high-fructose corn syrup. Unlike regular Yakult products, Yakult Light will tout blue and white packaging, with the red Yakult logo.

  • Macy’s and Kohl’s post disappointing results in June

    New York -- Analysts expected 18 top retail chains to report a modest gains in June, as high unemployment and falling consumer confidence have taken a toll on spending.

    Among the department store retailers reporting June same-store results so far, the results were largely mixed. Macy’s was among the retailers reporting sales that fell short of estimates. Same-store sales rose 1.2% in June, missing Wall Street’s projected 1.9% gain.

  • June sales softer than expected at Target

    MINNEAPOLIS — Target reported a 2.1% same-store sales increase that was toward the low end of the company’s expectations.

    Despite June sales that were softer than expected, Target left its second quarter profit forecast intact as the weaker-than-expected result offset a better-than-expected performance the previous month.

  • Retail sales lackluster in June, specialty stores hit and miss

    New York -- Disappointing same-store sales results in June weren’t necessarily unexpected, as the month typically trends weaker as shoppers have fewer reasons to shop.

    Thomson Reuters, which polls 18 U.S. retail chains, projected its Same-Store Sales Index to inch up 0.5% in June, far below last year’s 6.7% rise for the month. Analysts have said that warm weather may have prompted consumers to make summer apparel purchases earlier than usual, shifting sales from later months like June.

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