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Supervalu profit tops Street view

Supervalu Inc's quarterly profit topped Wall Streets expectations despite sagging sales as the third-biggest U.S. supermarket chain trimmed expenses in a drive to catch up to rivals.Supervalu shares rose 9.2 per cent to $9.30 in midday trading."Results were better...

Supervalu to consolidate brands

Minnesota grocery giant Supervalu Inc. said it will bring its seven brands under one new label called Essential Everyday.The move will close down brand names Jewel, Albertsons, Cub Foods and others by February, the Chicago Tribune reported. The rationale...

Walmart US appoints Duncan Mac Naughton as CMO

Walmart US has appointed Duncan Mac Naughton as chief merchandising officer for its US stores, with immediate effect. Mac Naughton will oversee all merchandise categories across more than 3,700 stores in the US business. He will continue to report...

Sealing the Trifecta

Connecting with shoppers at the shelf is crucial for food packaging concepts, and innovations in fresh food packaging are no exception. "More and more, purchase decisions are being made inside the store and directly at the retail shelf,” says...

Let There be Light

For years, supermarket lighting was the domain of what Jeff Brooks, director of business development at Largo, Fla.-based ElectraLED Inc., calls “energy hogs” – like the 70-watt CMH track light fixtures used to highlight high-impact areas in supermarkets like...

Publix Super Markets to unveil 1000th store

US-based employees-owned supermarket chain Publix Super Markets is all set to launch its 1,000th store in St Augustine on February 5. Moreover, Publix recently purchased 49 stores from grocery store chain, Albertson, many of which are reopening as Publix supermarkets....
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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