Supermarket News Daily
   View Web Version  |  Add to Safe Sender List
Supermarket News Daily
Information, Insights, Impact for Food Retailers
Supermarket News Daily
 

November 17, 2016

Target beats estimates in 3Q, but food comps down

Although Target Corp. surprised analysts with better-than-expected 3Q sales and earnings numbers, officials said food sales continued to slide as a result of deflation and intense competition.

READ FULL ARTICLE


Deflation blunts traffic growth at Smart & Final in 3Q

Smart & Final Stores late Wednesday said that cannibalization from new stores and deflating prices continue to put sales, comps and earnings under pressure during its fiscal third quarter.

READ FULL ARTICLE


Loblaw, Metro drive gains as food turns deflationary in Canada

Loblaw and Metro on Wednesday said they're facing a competitive but rational environment as grocers in Canada prepare to deal with the grips of price deflation arriving over recent weeks.

READ FULL ARTICLE


Private equity firms to acquire Mi Pueblo, Cardenas

Private equity firms will be investing in California-based Hispanic grocery chains Mi Pueblo Food Centers and Cardenas Markets, an official told SN.

READ FULL ARTICLE


Raley's makes all check stands 'Better For You'

Raley’s has transformed check stands at all 120 of its stores by replacing the products displayed with better-for-you items, the retailer announced.

READ FULL ARTICLE


Fresh Thyme goes from 0 to 900 SKUs in 2 years

Fresh Thyme has rapidly grown its private label lineup from zero to nearly 900 SKUs in just two years, a company official told a PLMA Show audience this week.

READ FULL ARTICLE


 

MORE FROM SN



FEATURED GALLERY

Retailers optimistic about prepared foods
A new Datassential report on the state of supermarket prepared foods paints a rosy picture of the department.