Wal-Mart Stores may have an opportunity to open its first retail outlet in India, following recent comments by the country's prime minister that seem to support opening up more retail access there. The company has been aggressive in its courting of Indian officials. Some people believe India could be the next China, a Wal-Mart official says.
Trader Joe's announced it plans to open a new store in New York City's Union Square in about three months. The Monrovia, Calif.-based specialty grocer has made a name for itself with low-priced groceries and prepared and frozen foods.
Wegmans is organizing its wine selection in several of its stores by the foods the wines complement, preempting customer questions about what wine goes with a particular dish. "More chains are putting wine displays near specific foods -- like cheese or fish or prepared foods. It helps the consumer make a decision without a lot of hassle," said Michael Sansolo, senior vice president of the Food Marketing Institute.