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Holiday Stationstores And Cub Foods Launch Rewards

Two Minnesota companies team up with launch My Cub Rewards Program beginning Sept. 30. Cub Foods and Holiday Cos.—both based in Minnesota, are joining forces to deliver big fuel savings and increased value on everyday grocery purchases to consumers through the launch of the My Cub Rewards Program. Cub Foods consumers who use the new

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Kroger Debuts Turkey Hill Market Store

The new location boosts a 75% larger footprint, plus grab-and-go favorites and more grocery items. Kroger’s Turkey Hill Minit Markets division has opened its first Turkey Hill Market, a larger version of its c-store concept, at 1621 Cobblestone Way in Marysville, Ohio. The new store is meant to represent a contemporary version of a corner

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Casey's General Stores Beats Profit Predictions

Casey’s General Stores posted a quarterly profit that exceeded estimations, helped by higher margins at its prepared foods and grocery businesses, and sending its shares up about 5% in extended trading, Reuters reported. Casey’s net income fell slightly to $39 million, or $1.01 per share, from $39.4 million, or $1.03 cents per share, a year

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Global Brand Study Shows Simplicity is Key

Grocers, along with other retailers, could gross $1.9 billion more in profits if they better simplified customers’ experiences, report shows. For two years running, quick-service restaurants and supermarket chains, including Publix, Subway, McDonald’s, Whole Foods Market and Pizza Hut, have been listed among the top 10 simplest brands by U.S. consumers, according to results from the

Real Estate and the Retail Industry

Colliers International, a global real estate services firm, issued its 2010 Retail Trends and Opportunities report showing that retail vacancies will stabilize in many markets this year, but new retail construction has virtually disappeared and lease rates have dropped 25-40% from peak levels. Challenges abound in the retail marketplace, and we’ll witness more retail failures,

Concerns Abound Over Food Costs

In today’s struggling economy, more than half (58%) of U.S. consumers are “very concerned” about rising food prices, The Nielsen Co. found in a new survey on consumer purchasing trends. As consumer packaged goods (CPG) manufacturers and retailers employ options to manage abnormally high cost increases due to raw material and other expenditures, consumers voiced

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