Syracuse’s Oldest Grocery Store Unveils $2.65M Renovation
After a 2.65-million dollar renovation, Syracuse's oldest grocery store is officially ready to unveil its updates and new offerings to the public. …
Retail & FoodService
Publix’s ‘Proactive’ Approach To Potential Data Breaches Could Avoid Target’s Fallout
In the wake of data breaches everywhere from Jimmy John’s to other grocers, Publix Super Markets Inc. is readying itself – just in case. …
Walmart Canada Hiked Price Of Its Groceries, BMO Report Finds
Walmart Canada has finally started to raise its grocery prices in some markets as it expands and tries to steal market share from rival supermarket chains, according to a new industry report. …
CIT Provides Financing To Wakefern Food Corp.
CIT Group Inc., a leading provider of commercial lending and leasing services, today announced that it provided financing to Wakefern Food Corp., the largest supermarket cooperative in the United States. Wakefern is the principal supplier of food and non-food products to member-owned supermarkets that trade under the ShopRite and PriceRite banners. Through its wholly owned subsidiaries, Wakefern also directly operates 83 supermarkets under the ShopRite and PriceRite banners. Proceeds of the facility will be used to finance new equipment and grocery store upgrades. Financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. Terms of the transaction were not disclosed. …
TN Retailers Gearing Up For Nov. 4 Wine In Grocery Stores Vote
Proponents of Tennessee grocery stores' ability to sell wine say they're gearing up for the Nov. 4 election where voters in Chattanooga, Signal Mountain and dozens of other communities will decide the issue on local referendums. …