Master Grocer
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Fitch Confirms SuperValu Risky Rating
Fitch Ratings has confirmed the default ratings given for SuperValu as ‘CCC’ even with some divestitures announced last week that seemed to reduce the retailer’s exposure to many competitive pressures. These were counteracted, however, by deteriorating environment and high debt leverage in its businesses. The ‘CCC’ default rating given implies very high risk. Cerberus Capital…
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Google Unveils Zavers
Google has unveiled Zavers by Google, a digital coupon product that has been developed to help manufacturers and retailers reward their consumers with relevant coupons. The coupons will be those that fit the interest of the customer with the goal being to increase redemption rates and basket size. Google says the Zavers solution will provide…
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Groups’ Petition to Wal-Mart on Assault Weapons
A lengthy history of random shootings and recent school shootings has raised public fury and ensured that the gun debate is not about to go away very soon in the U.S. Gun groups are predicting that attempts through Congress to ban sale of assault weapons will fail. The debate and petitions continue. Wal-Mart is set…
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Sandy Provided New Lessons
Hurricane Sandy sparked lessons for the food industry players. Associations and retailers have seen the storm as an eye-opener, according to industry leaders at the Food Marketing Institute’s Midwinter Conference. The storm gave the entire food industry lessons for future crises. Regional leaders faced overwhelming challenges during the storm while trying to communicate with stakeholders…
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Food Safety in the United States
The food handling system in the United States is managed by local, federal and state officials. They are to make sure that the process is organized and well regulated according to the expected standards of delivery and that food related diseases are prevented. Food poisoning outbreaks in the United States are investigated by these officials.…
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Wegman and Smucker Receive Awards for Achievements
Wegmans Food Markets CEO Danny Wegman, J. M. Smucker, and Co. Chairman Tim Smucker were honored during the Grocery Manufacturers Association‘s Chairman Lecture 2013 in Scottsdale, Arizona. They received the Hall of Achievement Award, the top honor awarded by the GMA. Wegman and Smucker, who have worked together in the past, spoke of overcoming challenges…
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Retailers, Suppliers Highlight Consumer Experience
“There are many ways for trading partners to help improve the consumer experience in stores.” This was a consensus arrived at by a panel of leaders at the Food Marketing Institute Midwinter conference of 2013. Safeway Chief Marketing Officer and Executive Vice President Diane Dietz said that consumers saw stores as an experience. The retailer…
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Protest against Walmart’s Sale of Assault Weapons Gains Momentum
For more than a week, thousands have been demanding action and pressuring Walmart to cease its sale of assault weapons. One of the rallies held last week saw four petitions delivered and a rally of survivors of gun violence and activists outside a Danbury, Connecticut, Walmart store. The petitions contained over 300,000 signatures. Change.org, one…