Skip to main content

News

  • Safeway, ExxonMobil make gas buying more rewarding

    PLEASANTON, Calif. — Safeway is offering its customers the ability to earn reward points redeemable at participating Exxon or Mobil gas stations.

    "Safeway listens to its shoppers, and we understand the importance of stretching grocery dollars," said Mir Aamir, president of customer loyalty and digital technologies at Safeway. "By teaming up with ExxonMobil, we're able to thank our customers with a loyalty program that makes two frequent and critical purchases lead to real savings."

  • Amazon, Target, Lowe's have consumers buzzing

    Amazon, which gained attention for its expanded Kindle line and growing e-commerce footprint, captured the second spot on BrandIndex's list of most buzzed about U.S. brands for 2012.

    Lowe's and Target were the only traditional retailers to make the top 10. Lowe's moved up one spot to the number five position, thanks to the launch of MyLowes.com and better-equipped staff. Target captured the number seven spot with the help of its remodeling program and year-round exclusives.

    Other retailers in the top 25 include Walgreens (13), Home Depot (18) and Kohl's (25).

  • Ahold names head merchant

    NEW YORK — Ahold USA has named Mark McGowan as EVP merchandising. He will lead a merchandising team that supports Ahold USA and its four divisions: Stop & Shop New England, Stop & Shop New York Metro, Giant Landover and Giant Carlisle.

    McGowan had previously served as EVP supply chain for Ahold USA and previously led the Boston division of Stop & Shop.

  • ConAgra completes Ralcorp buy

    OMAHA, Neb. & ST. LOUIS — ConAgra Foods has completed its acquisition of Ralcorp Holdings. ConAgra Foods agreed to acquire Ralcorp on Nov. 26, 2012, for $90.00 in cash per share of Ralcorp common stock. The closing of the transaction follows the approval of the acquisition by Ralcorp’s shareholders on January 29, and the receipt of all required regulatory approvals.

  • Amazon quarterly sales growth driven by Kindle

    SEATTLE — Amazon.com reported that net sales increased 22% to $21.27 billion in the fourth quarter, compared with $17.43 billion in fourth quarter 2011. 

    Net income decreased 45% to $97 million in the fourth quarter, or 21 cents per diluted share, compared with $177 million, or 38 cents per diluted share, in fourth quarter 2011.

  • Digital deals dominate 2012

    MINNEAPOLIS — Digital coupons are increasingly being used as a marketing tool for major brands, as evidenced by the rise in such offers between 2011 and 2012.

    Accoding to Kantar Media, digital couponing events across key websites increased by 46.1% in 2012 compared with 2011, and 805 manufacturers distributed digital coupon offers on these key websites during 2012, an increase of 18.9% as compared with the same period in 2011.  

  • New grocery concept offers relief to Pa. food desert

    NEW YORK — Limited access to healthy, affordable food choices, is an oft-cited reason for poor food habits among the nation's less fortunate. In order to address this issue, hunger relief organization Philabundance has teamed up with retail design consultancy CBX to create a prototype for a not-for-profit grocery store.

  • Food Lion exhibit gives kids taste of grocery biz

    SALISBURY, N.C. — The future grocers of America will get a taste of what its like to work in the industry, thanks to a new, interactive exhibit by Food Lion on display at the Children's Museum in Winston-Salem, N.C.

    Children will be able to go behind miniature-sized counters and cash registers and pretend they are checking out customers. They will also be able to experience three preparation areas to further allow them to imagine they are Food Lion associates.

  • Mobile commerce tech company gets new CEO

    PALO ALTO, Calif. — Revel Touch, a technology provider in the mobile commerce space, has named Joe Davis as CEO. 

    Davis previously served as president and CEO of Coremetrics (acquired by IBM) and held executive roles at Nortel, PeopleSoft and IBM. As CEO of Revel Touch, he will be responsible for driving the company’s accelerating growth.

  • Canadian retailers go penniless

    TORONTO — Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

    The Retail Council of Canada said the majority of the country's retail businesses were prepared for the disappearance of the penny and will follow the government's proposals for determining prices.

X
This ad will auto-close in 10 seconds