Wednesday, October 29, 2008

Fresh Market coming to NY, Wal-Mart scales back growth, Wednesday Morning One Liners...


Tops rolls out 'We Proof Everyone' Policy for Alcohol/Tobacco products.

Gristedes Brooklyn Heights update...Hiring begins Nov. 5

Southern-bred specialty operator The Fresh Market appears to be heading north to the home turf of Golub Price Chopper in New York State, according to a report in the Schenectady Daily Gazette, which identified The Fresh Market as a tenant in a redevelopment in the town of Colonie, bordering Schenectady County, N.Y.

The LA Times covers UFCW's campaign against Fresh & Easy

Wal-Mart presents a more scaled back growth strategy to analysts.

Wal-Mart's Sam's Club is planning to test a new warehouse store catering specifically to Hispanics and featuring products from Mexico, executives of the chain said at the company's annual analyst meeting here yesterday.
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During day one of a two-day meeting with analysts, Eduardo Castro-Wright said the mega retailer is attempting to adjust to a down economy

Stop & Shop and Giant Stores are introducing a new shelf label to point out healthy foods, said Jim Dwyer, chief business development officer, Ahold USA, speaking at the Ahold USA "Media Days" meeting here Monday.
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Bankrupt shopping-cart maker Rehrig-United, backed by Woodside Capital Partners, is suing three of its customers, including the Home Depot Inc. and BJ's Wholesale Club Inc., for neglecting to pay for hundreds of thousands of dollars of products....

Great Editorial:
It's tempting to say “it's the economy's fault” in describing shortfalls in retail financial results. But recently, both Supervalu and A&P took at least partial blame for errors in pricing that hurt performance. It was further proof that a lot of things can go wrong in this economy if you don't get strategies exactly right.

A trial date of Dec. 23 has been set for four former executives of Ralphs Grocery Co. following their filing earlier this week of not guilty pleas in U.S. District Court here on charges that they hired locked-out workers during the 2003-2004 labor dispute in Southern California.
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Several food retailers were among those companies that saw their stocks rise in double digits yesterday as the Dow Jones Industrial Average soared 10.9%, reportedly in anticipation of interest-rate cuts by the Federal Reserve.
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King Kullen here, and its subsidiary Wild by Nature, have joined the U.S. Environmental Protection Agency's GreenChill Advanced Refrigeration Partnership, a voluntary program to promote green refrigeration technologies and practices.
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Vermont farmers in search of mutually beneficial professional partnerships will get their chance to do some networking today at a "Matchmaker" event consisting of a series of brief meetings with food buyers from supermarket operators, restaurants, food co-ops, and colleges.

Politics

Betsy Gotbaum, the New York City public advocate, will not run for re-election next year, she said in an interview on Monday

Jimmy Vacca's term-limit vote is a disappointment
East Bronx City Councilman Jimmy Vacca's last-minute switch to vote for extending term limits - a bill he bitterly opposed down to the wire - has a lotta folks sadly shaking their heads.

Newsday (James Madore): Economic downturn expected to cost 160,000 New York jobs

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