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Sobeys seeing red in Canada with PECO deal
Customers and store associates at Sobey’s stores in Canada are seeing red after the operator of 1,500 stores became the latest company to use PECO Pallet’s distinctively colored pallets.
PECO said it added Sobeys to its growing list of authorized distributors in Canada so that Canadian and U.S. manufacturers and produce companies can now ship their products into Sobeys supermarkets throughout Canada on PECO’s wooden pallets.
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Moody’s forecasts 4- to 5% sales increase in 2015
New York -- The outlook for the U.S. retail industry in 2015 is stable, according to a new report by Moody’s Investor Service, which forecasts that retail sales will grow 3- to 4% in 2014, and 4- to 5% in 2015. The report, Moody’s U.S. Retail Industry Outlook, also finds that traditional brick-and-mortar retailers will be formidable competitors to pure-play online merchants.
