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Deloitte: Despite improving economy, shoppers keep belts tight
NEW YORK — According to survey results by Deloitte, 94% of Americans indicate they will remain cautious and keep their spending for food, beverage and household goods at its current level, despite an improving economy.
Deloitte's 2013 American Pantry Study found that 92% of Americans said they have become more resourceful, and 86% say they are getting more precise in what they buy — attitudes that have remained consistent in the three years Deloitte has conducted the study, and across income levels.
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Kroger combating global deforestation
CINCINNATI — A major initiative unveiled by Kroger could have the retailer’s suppliers scrambling to ensure palm oil used in products the retailer carries are obtained from sources who meet strict harvesting guidelines.
Kroger issued the following policy statement:
Palm oil has become the world's leading oil crop and today accounts for roughly one-third of the global vegetable oil production. This oil has grown in popularity within the food industry as a cooking oil, shortening, margarine, milk-fat replacer, and as a cocoa-butter substitute.