Retail & FoodService

Tesco Replaces CEO Clarke As Grocer Suffers New Profit Blow

July 24, 2014 Clementine Fletcher and Gabi Thesing, Bloomberg

Tesco Plc (TSCO) replaced Chief Executive Officer Philip Clarke after first-half profit trailed the grocer’s expectations, the latest in a series of setbacks since the company veteran took the helm about three years ago. …

'Grocery Store Brand Of The Year' Highlights Traditional Grocery Stores

July 23, 2014 Nielsen & The Harris Poll

The 2014 Harris Poll EquiTrend® (EQ) study, which measures brand equity for more than 1,500 brands across 170 categories, finds traditional grocery store brands rank highest overall in three of the four regions surveyed. The EQ index examines three key factors of brand equity: Familiarity, Quality and Purchase Consideration. …

Stop Shop Save To Close Remaining Baltimore Locations

July 23, 2014 Michael Bodley and Yvonne Wenger, The Baltimore Sun

An inner-city Baltimore grocery chain is closing its stores, delivering a blow to Mayor Stephanie Rawlings-Blake's efforts to eliminate the city's "food deserts" and provide more residents with healthy eating options. …

KeHE To Acquire Nature’s Best

July 23, 2014 KeHE Distributors, LLC

Nature's Best and KeHE Distributors, LLC (KeHE) signed an agreement on July 15, 2014, for KeHE to acquire Nature's Best – the largest privately owned wholesaler-distributor of health and natural food products in the Natural Products Industry. …

Indiana Grocery Stores To Courts: We Want To Sell Cold Beer

July 23, 2014 Sarah Ferris, Washington Post

Leaders of Indiana’s multi-billion-dollar grocery and convenience store industry are amplifying a legal battle against a decades-old state law that bans them from selling cold beer. …