Master Grocer
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NGA Contented by Passing of the Taxpayer Relief Act
Both Congress and President Obama are being cheered by the National Grocers Association for passing a bill that avoided the dreaded fiscal cliff. The American Taxpayer Relief Act (H.R.8) is being characterized by the NGA as ‘net positive’ as it has several critical tax provisions backed aggressively by the group. The President of the association,…
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Coborn’s Buys Mike’s Super Valu
Coborn’s Inc. in St Cloud, Minnesota, has reported that it has bought Mike’s Super Valu. The independent store located in North Dakota’s Watford City said that it was planning to move its staff to a Cash Wise location that Coborn’s is constructing in the city. Mike’s Super Valu has been in operation for the last…
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ROIC Purchases Four Grocery-Anchored Properties
An announcement in San Diego, California, was made by Retail Opportunity Investments Corp. reporting that it has made the acquisition of three grocery-anchored properties and was in an agreement to purchase a fourth. The shopping centers, totaling 444,000 square feet in all, are located in Southern California and were purchased at a price of $114 million.…
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7-Eleven Introduces Fresh Foods Line
7-Eleven has plans to focus on a fresh foods line in the coming years. The goal of the new line is to ultimately have fresh foods account for 20% of total sales. 7-Eleven, a convenience store chain with over 7,400 stores running on franchises in the U.S., is responding to consumer demand for healthier foods.…
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Teamsters Push for UNFI Product Boycott
Teamsters Local 117 called for consumers to boycott United Natural Foods products sold at Whole Foods Market. The union is striking a warehouse of United Natural Foods. Teamsters Local 117 put out a statement and posted a product and brands list to be avoided by consumers. The statement was posted on a website that has focused…
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Port Strike Avoided
The United States Maritime Alliance (USMX) and the International Longshoremen’s Association (ILA) have come to an agreement to continue negotiations for 30 more days, averting potential port strikes at Gulf and East Coast ports. The two ports account for high 95% of the Eastern seaboard containerized shipments. National Retail Federation President and CEO Matthew Shay…
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Publix Career-Based Page Boost
Publix Super Markets’ career site has gotten major boosts from followers. Just 5 months after its launch, the Facebook page dedicated to career focused issues has succeeded in getting 5,000-plus “likes.” The career-based page facebook.com/publixcareers gives career tips, job openings information, employee profiles, information on the chain happenings such as store openings, chats with recruiters…
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Unilever, Hormel Foods Skippy Deal
Unilever has made a definitive deal with Hormel Foods Corp. to sell its Skippy brand for approximately $700 million. The agreement includes manufacturing facilities for Skippy in Weifang, China and Little Rock, Arkansas. The Skippy peanut butter brand was first introduced in 1932 and was the first in fast growing natural peanut butter brands. In…