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Supermarket/Grocery

  • The Lovely Candy Company unwraps gluten-free licorice

    The Lovely Candy Company has expanded its gluten- and GMO-free line with a gluten-free licorice, which it touts as the first gluten-free extruded licorice product in North America.

    Branded as Lovely Licorice, the product is marketed to consumers with food sensitivities such as celiac disease. The gluten-free licorice is the brainchild of company founder Mike Nakamura, whose wife has not been able to have licorice because of her gluten-free dietary restraints. Nakamura founded the company in 2013 as a result of her request for licorice she could eat.

  • Mars expands product line

    Mars Chocolate has announced a slew of new products, which range from Mars Bites to Dove Whole Fruit Dipped in Dark Chocolate.

    Mars Bites give consumers a taste of their favorite candy bars in bite-size pieces. Mars is adding Twix, Musketeers and Milky Way bites to the portfolio. The suggested retail price is $1.49 for a 2.83-oz. sharing size. A 6-oz. stand up pouch is available for a SRP of $2.99.

  • Survey: Google and Costco tops in compensation and benefits

    New York -- Google and Costco Wholesale Corp. came out on top in a survey of large companies with the best compensation and benefits for workers by jobs site Glassdoor. Rounding out the top five were Facebook, Adobe and Epic.

    The ranking was based on an online anonymous survey that asked employees to rate how satisfied they were with their pay and benefits on a scale of 1 to 5. Costco and Google both received a score of 4.4 out of 5. Google ranked higher than Costco only by fractions of a point.

  • Fresh Market navigates weather-related challenges in Q1

    Although Fresh Market’s net sales exceeded Wall Street expectations, the company reported a decrease in profit for the first quarter of fiscal 2014, which it attributed to a slow start to the year brought on by severe weather in the majority of its markets.

    Net sales increased 18% to $431 million from $366.63 million in the prior-year quarter, while net income fell 25% to $16.57 million from $22.12 million in the prior-year quarter. Same-store sales climbed 2.5%.

  • Fresh Market profit falls on higher sales; will open 16-17 new stores

    Greensboro, N.C. – The Fresh Market Inc. reported decreasing profit in the first quarter of fiscal 2014 even as net sales growth exceeded Wall Street expectations. Net income fell 25% to $16.57 million from $22.12 million in the same period the prior year, while net sales increased 18% to $431 million from $366.63 million and same-store sales climbed 2.5%.

    Fresh Market plans to open four new stores in the second quarter and 12 to 13 new stores in the second half of the year, as well as remodel four-to-five stores.

  • Five Key Takeaways from new Moody’s report, 'Brick-and-Mortar Continues to March Online'

    On the heels of a mostly disappointing 2013 earnings season, many U.S. brick-and-mortar retailers will focus on building out their online presence for growth, according to Moody’s Investor Service’s new report, “Brick-and-Mortar Continues to March Online,” by Charlie O’Shea, VP – senior analyst, Moody’s.

    Here are five highlights from the study:

  • KeyPoint Partners earns three new assignments

    Burlington, Mass. — KeyPoint Partners has added three new property management and leasing assignments to its portfolio. The firm will manage and lease Walnut Hill Plaza, a 298,000-sq.-ft. retail center in Woonsocket, R.I., and Summit Square, a 133,900-sq.-ft.-retail center in Warwick, R.I.

    In addition, KeyPoint will manage the 97,000-sq.-ft. Harbor Village in Townsend, Mass.

  • Ross Dress for Less signs into Seattle’s Ballard Blocks

    Seattle — Ross Dress for Less plans to open a new 35,000-sq.-ft. store at Ballard Blocks shopping center in Seattle, next year.

    The 131,000-sq.-ft. Ballard Blocks is a LEED Silver Certified urban mixed-use retail and office project located next to the Ballard Bridge off-ramp and NW Ballard Way where more than 70,000 cars pass daily. The project has 525 parking stalls on site with an additional 50 spaces on the street.

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