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Supermarket/Grocery

  • Showrooming to affect up to $1.7 billion in 2012 holiday retail sales

    Framingham, Mass. -- IDC Retail Insights on Wednesday released a new survey report, “Business Strategy: At Hand Versus In Hand — Will Consumers Have the Upper Hand in the 2012 Holiday Showroom Showdown?,” which found that 48 million shoppers will “showroom” or use their smartphones in some manner while they shop in stores during the upcoming winter holiday season.

  • Sales growth of smaller retailers lag industry

    Purchase, N.Y. -- A report released Wednesday by MasterCard Advisors, the professional services arm of MasterCard in partnership with Wells Fargo, found that spending at small retailers in October slowed to an increase of 4.2% year over year, down from a 5.8% growth rate in September.

    This was the slowest year-over-year growth rate for smaller retailers in 2012, falling below the growth rate of total U.S. retail sales by one percentage point.        

  • Fresh Market leases four Houston-area locations

    Greensboro, N.C. - The Fresh Market said Wednesday it has entered into agreements to lease four new store locations that are currently operated as Rice Epicurean Markets, a family-owned specialty food retailer based in Houston.

    Rice Epicurean Markets will continue to operate the stores through the end of the year, and will close these four stores during the first quarter of 2013.

  • Consumers becoming more optimistic about economy

    New York -- Experian Marketing Services said Monday that its Consumer Expectation Index shows an increasing optimism about the economy. According to the CEI, U.S. consumers’ forward-looking view of the economy is at its highest level since the onset of the recession. During the first half of 2012, the average CEI figure was 92.7, which is above the index’s average of the first six months for each year dating back to 2008. The 2012 figure measured eight points above those for the first half of 2008 and one point over those for the first half of 2011.

  • Project Profile: Bethesda Walk, Lawrenceville, Ga.

    DLC Management Corp., based in Tarrytown, N.Y., is one of those savvy shopping center companies that seems to instinctively know what to buy, what to sell, what to redevelop, what to re-merchandise.  

    And, most of all, DLC knows what will turn a shopping center on its ear.

  • Study: Half of consumers to buy luxury items in next six months

    New York -- Survey results released Tuesday by Accenture found that half of U.S. consumers are likely to make a small luxury purchase in the next six months, including 53% who are likely to purchase specialty food or drinks, 48% to purchase luxury clothing and 48% to purchase luxury personal care products.

  • Woolworths extends agreement with Retalix

    Ra'Anana, Israel -- Woolworths Limited, Australia's leading retail group, has signed a five-year system integration (SI) services agreement with Retalix Ltd.
     
    Under the agreement, Retalix will provide Level 2 and Level 3 support for more than 3,000 Woolworths locations and 25,000 point-of-sale terminals, serving more than 24 million customers every week across Australia and New Zealand.

  • NRF asks judge to reject proposed swipe fee settlement

    Washington -- Lawyers representing the National Retail Federation and many of the nation’s most prominent retail companies are set to appear in court today to ask a federal judge to reject a proposed class-action settlement of an antitrust lawsuit over the $30 billion a year in credit card swipe fees charged by Visa and MasterCard.



  • Roundy's sales, profits fall in Q3

    Milwaukee — The continued softness of the economy weighed down on sales and profits at Roundy's during third quarter 2012, the Midwestern supermarket chain said Friday.

    The company reported sales of $973.6 million, a 0.3% decrease from third-quarter 2011, while profits were $8.8 million, down from $12.4 million last year. Roundy's operates 161 stores with 98 pharmacies under the Pick 'n Save, Rainbow, Copps, Metro Market and Mariano's banners in Wisconsin, Minnesota and Illinois.

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