Robert Hermanns has been named chief executive of the Northwest's largest independent grocery cooperative, reports say. "[Hermanns'] a wonderfully well-balanced executive with good skills in all aspects of the job," says one member of the search committee.
The North Carolina-based 102-store chain Lowes Foods reportedly is using Endless Aisle technology from NeXpansion, which allows shoppers to search for ethnic, specialty and hard-to-find regional products in addition to general merchandise.
H.J. Heinz, Washington Post and Delta Air Lines are among several U.S. companies reviewing ways to change their accounting procedures after Coca-Cola has decided to classify stock options as a compensation cost.
A clear-language bill currently before Congress is expected to prompt the food industry to provide user-friendly food labels to help the 7 million Americans with food allergies. While some companies have made an extra effort to ensure labels list potential allergens, others need to follow suit to help decrease the 30,000 people who end up in hospitals due to food allergies.
Analysts say retailers can develop and accelerate overseas growth by applying one of three strategies: 1) developing a well-targeted concept and exporting the idea unchanged; 2) acquiring an existing business and developing it as a separate entity; and 3) adapting the needs of each local market while building on standardized back-end processes.