The two grocery chains announced yesterday they will trade distribution centers in New England and the Midwest. Supervalu will take over the former Fleming centers in the Midwest from C&S Wholesale Grocers, and C&S will take over Supervalu's customer supply agreement centers in Maine, Massachusetts and Rhode Island.
A 2000 survey showed that 76% of respondents said they were "very likely" to shop via their cell phone, analysts say. Now that the technology is available, industry observers say consumers got tired of waiting for retailers to sell something they could buy -- which explains why enthusiasm has dropped to well below 25%, a report says.
The Federal Reserve yesterday said the economy modestly progressed in April and May. "The tone was one of modest but uneven growth, with some major sectors showing signs of improvement while others softened or remained weak," according to a Federal Reserve survey.