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Retail Beat | | |
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- Wegmans plans autumn price freeze amid food-cost uncertainty
Wegmans Food Markets said it will hold prices steady through year-end on popular items, including whole roasting chicken, Greek yogurt and peanut butter. "It appeared early in the year that food costs would stabilize, but then the drought," President Colleen Wegman said. "There's so much uncertainty. Planning and budgeting are crucial for families, and it's made easier when they can count on prices for an extended period of time." Boston Herald
(8/23), Progressive Grocer
(8/23)
- Sprouts president Sanders adds CEO title; Boney becomes chairman
Doug Sanders, president of Sprouts Farmers Market since 2005, has been named CEO as well. Shon Boney, CEO for the chain's entire 10-year history, will become chairman. "There comes a time in the growth of every successful company when the founders recognize the need to pass the baton to new leadership," Boney said. "The other board members and I have been preparing the company for this transition for some time." Progressive Grocer
(8/23)
Trend-Spotter | | |
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- Wine industry toasts 18 years of growth
Wine consumption increased 3% in 2011, to 312.4 million 9-liter cases, marking 18 consecutive years of growth. "As consumers discover new varietals, regions and price points, overall wine consumption is expected to continue to increase over the next five years," said Adam Rogers, senior research analyst for the Beverage Information Group. MediaPost Communications/Marketing Daily
(8/23)
- One-fifth of eating occasions are snacks, NPD says
Breakfast is the most common eating occasion, at 28%, followed by 27% for dinner, 25% for lunch and 20% for snacks, according to NPD Group. Compared with five years ago, fewer people skip meals, and more opt for "mini-meals," particularly for breakfast and lunch. FoodNavigator
(8/23)
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Health, Nutrition & Pharmacy | | |
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- Wal-Mart adds 10 immunizations recommended by CDC
Wal-Mart Stores is partnering with Mollen Immunization Clinics to offer 10 vaccinations recommended by the Centers for Disease Control and Prevention. The immunizations are available at 2,700 Wal-Mart stores, while vaccines for flu and pneumonia are available at all 3,800 stores with a pharmacy. Drug Store News
(8/23)
Supplier News | | |
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- Unilever sets sights on novelty leadership
Unilever, which dominates sales of ice cream in a tub, is turning its attention to frozen novelties, where in the U.S. it is behind Nestle, owner of the top-selling Skinny Cow line. Unilever recently introduced the Magnum Mini, which has 150 calories. Bloomberg Businessweek
(8/23)
- Chicken Soup for the Soul will move from book to actual soup
A line of comfort food is being planned for the brand Chicken Soup for the Soul, starting with seven kinds of soup. "One of our goals is to generate new opportunities for suppliers across a wide variety of categories, and innovative products and brands will do just that," said Carla Cooper, CEO of Daymon Worldwide, which is partnering with Chicken Soup for the Soul Publishing to launch Chicken Soup for the Soul Foods. LicenseMag.com
(8/24)
Technology Solutions | | |
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FMI Spotlight | | |
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Next week: "Power of Meat" webinar
Tune in at 2 p.m. Eastern on Aug. 29 for the free FMI "Power of Meat" webinar. Hear from industry panelists in meat merchandising and research on strategic ideas to drive meat and poultry sales. To register, visit FMI.org.
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Nutri-Facts posters and brochures are available at FMI.org
As of March, food retailers were mandated by the USDA to provide nutritional information on major cuts of single-ingredient, raw meat and poultry. Compliance is possible by displaying a Nutri-Facts poster, available in the FMI Store.
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