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Supermarket/Grocery

  • Retail imports to increase 3.5% in May as port labor negotiations begin

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to increase 3.5% in May as negotiators prepare to begin talks on a new contract for West Coast dockworkers, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Supervalu to acquire Rainbow Stores in the Twin Cities

    Supervalu, the owner of Cub Foods, along with four Twin Cities-based independent grocery retailers, have each entered into definitive agreements to acquire select Rainbow Foods grocery stores. In total, they agreed to acquire 18 Rainbow grocery stores, including 13 Rainbow pharmacies and three Rainbow liquor stores in Minnesota.

  • PwC: Multibillion dollar deals drive retail, consumer M&A activity in Q1

    New York -- U.S. retail and consumer  merger & acquisition activity during first quarter 2014 was primarily driven by five multibillion dollar transactions, with more than half aligned to the food and beverage sector, confirming a positive deals outlook for the year, according to PwC’s U.S. retail and consumer deals insights first quarter 2014 report.
       

  • Kroger hits the road with liquid natural gas trucks

    Kroger will be the first in Oregon to deploy a fleet of heavy-duty trucks that run on liquid natural gas. The 40 trucks will replace 40 diesel trucks currently in use and are expected to start making store deliveries in the Portland metropolitan area by the end of 2014.

    The use of natural gas fuel not only reduces operating costs for vehicles, but also reduces greenhouse gas emissions up to 23% in medium- to heavy-duty vehicles.

  • RPAI acquires six retail assets in JV dissolution

    Oak Brook, Ill. — Retail Properties of America has announced an agreement to acquire six multi-tenant retail assets through the dissolution of its MS Inland joint venture. The joint venture owns the portfolio, with 20% owned by RPAI and 80% owned by RPAI’s partner. RPAI will acquire its partner’s 80% interest in the six properties.

  • Whole Foods Market posts flat Q2 profit amid higher costs; cuts outlook

    Austin, Texas -- Whole Foods Market on Tuesday reported a profit for its fiscal second quarter that fell short of Wall Street expectations. The grocery store operator also cut its outlook for the year.

    For the quarter ended April 13, Whole Foods earned $142 million, unchanged from last year, amid higher expenses.

    Revenue rose to $3.32 billion, short of the $3.34 billion Wall Street expected. Same-store sales rose 4.5%, hurt by the shift of Easter to the third quarter this year.

     

  • Planters adds four flavor to product lineup

    Planters has introduced four new peanut flavors to its product lineup. Consumers can now choose from Salted Caramel, Cocoa, Chipotle and Smoked flavors.

    The brand incorporated both culinary trends and fan feedback when developing the new varieties, which pack up to 7 g of protein and at least four essential nutrients per serving.

  • A&P taps Agilence to drive lower shrink across stores

    Mount Laurel, N.J. -- Agilence, a provider of cloud-based exception reporting solutions, announced that the Great Atlantic & Pacific Company has selected Agilence’s Retail 20/20 to enhance its chain-wide effort to reduce shrink and fraud.

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