The Kroger Co. reached a deal yesterday to acquire regional grocer Harris Teeter Supermarkets Inc. in a $2.5 billion deal, the latest in a string of grocery industry consolidations. The deal, approved by the boards of both companies, is expected to boost Kroger’s presence in the U.S. southeast. Competitors there include Publix and Wal-Mart Stores…
Consumers Focus On Healthful Foods
IDDBA’s “What’s in Store” report shows customers are looking to eat healthier, shopping more but buying less on trips. Consumers are buying less food less frequently, making value that includes health the crux of their shopping ethos, according to “What’s in Store 2012,” the published trends report from the International Dairy-Deli-Bakery Association (IDDBA). Spending on…
Organic Iced Tea
Sweet Leaf Tea is an organic, all-natural iced tea beverage made with high quality tea leaves, real sugar and certified organic ingredients. Everything from the packaging to the ingredients to the branding of the tea is made specifically to be enjoyable no matter where customers consumer it. Flavors include Organic Original Sweet Tea, Organic Lemon…
Will Tesco Turn it Around?
Fresh & Easy is rolling out a new Express store format, but can the company come out on top after nearly four years of heavy losses? By Erin Rigik, Associate Editor. Tesco’s Fresh & Easy Neighborhood Market grocery chain debuted with a bang in 2007, rolling out 20 stores in rapid succession in California, Nevada…
Listeria Found in Parkers Farm Products
Parkers Farm Inc. of Coon Rapids, Minn., is recalling products because they have the potential to be contaminated with listeria monocytogenes, an organism that can cause serious and sometimes-fatal infection in young children, frail or elderly people and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high…