Campbell Soup Co. announced today it will close soup plants in Sacramento, Calif., and South Plainfield, N.J., and lay off about 727 workers at the two locations due to declining sales of canned soup,
Northfield, Ill.-based Kraft Foods Group, the domestic arm of Kraft Foods Inc., will replace Alpha Natural Resources on the Standard & Poor's 500 Index after Kraft splits into two companies on Oct. 1, the Associated Press reported.
Craig Carlock, CEO of The Fresh Market, said specialty grocers have an opportunity to steal market share from conventional supermarkets with their focus on high-quality perishables, which command higher margins than commodities, RetailWire.com said.
Fairway, which currently operates 11 markets, sees potential for 300 additional stores, according to the initial public offering filing by parent Fairway Group Holdings Corp. on Sept. 24.
Some scallops sold in supermarkets contain moisture levels that exceed industry recommendations, suggesting water or other moisture has been added, according to a
According to Euromonitor, Snickers is expected to become the top confectionary brand in the world by the end of 2012 with projected global sales of $3.57 billion, inching out M&Ms, which held the top ranking in 2011,
The average tenure of CEOs at major retailers is 8.26 years, compared with 6.83 years for CEOs at all Fortune 500 and S&P 500 companies, according to a new report that points to the importance of succession planning.
The National Grocers Association, which represents independent retail and wholesale grocers, presented its Spirit of America Award Wednesday to Congressman John Kline (R-Minn.) in recognition of his commitment to free enterprise and small business.
Starbucks has begun selling its Verismo single-cup coffee maker on its website, with plans to launch it in its own stores and specialty shops in October,
Walmart will offer more than 1 million members of health-care insurer Humana's healthy rewards program a 5 percent credit on about 1,300 healthy foods starting Oct. 15, Reuters said.
