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Survey: Growing concern over food and gas prices
Chicago -- In its most recent consumer sentiment and behavior survey, Technomic, the Chicago-based food industry research firm, found that 84% of consumers believe that grocery prices have risen in the past three months and 62% believe restaurant prices have risen.
Bob Goldin, executive VP of Technomic, believes that the rapid rise in gas prices, now at record highs, has raised consumer sensitivity to price increases in grocery stores and restaurants.
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Kroger stepping up in fight against organized retail theft
New York City -- Kroger Co. is increasing its efforts to stop organized retail theft rings, the Cincinnati Enquirer reported.
The supermarket company now has an executive in charge of organized crime investigations. He oversees investigators in each of Kroger’s 17 divisions across the nation.