The Kroger Co. reached a deal yesterday to acquire regional grocer Harris Teeter Supermarkets Inc. in a $2.5 billion deal, the latest in a string of grocery industry consolidations. The deal, approved by the boards of both companies, is expected to boost Kroger’s presence in the U.S. southeast. Competitors there include Publix and Wal-Mart Stores…
White Castle, Wal-Mart Team for Slider Giveaway
Some 10,000 sliders will be given away in Panama City Beach, Fla. White Castle is teaming up with Wal-Mart to bring the Original White Castle Slider to Panama City Beach, Fla., during spring break. The Wal-Mart Supercenter in Panama City Beach will host the one day giveaway of 10,000 burgers. The party starts Saturday, March…
Wal-Mart To Share Sales Information With Nielsen
“We believe that Wal-Mart’s participation in the information sharing model reinforces the importance of business information and analytics in today’s retail climate,” says Nielsen CEO. Nielsen, a global provider of information and analytics around what consumers watch and buy, has signed a cooperation agreement with Wal-Mart to receive and analyze sales information from Wal-Mart’s U.S.…
What Wal-Mart’s New C-Stores Mean for the Industry
By Lance Winslow It appears that Wal-Mart plans on setting up hundreds of convenience stores in the near future, and many of these will be completed before 2012. Why is Wal-Mart getting into the c-store business, you wonder? Well, consider if you will that at many of its superstores the company also sells fuel, and…
Wal-Mart Announces Healthy Foods Campaign
More healthful and affordable food options are set to become available to shoppers over the next four years. Wal-Mart and Michelle Obama have partnered on a healthy foods program wherein the big box retailer will offer more healthy foods and push its suppliers to do the same, the Washington Post reported. Wal-Mart plans to make…
Wal-Mart To Enter C-Store Market
Wal-Mart is entering the convenience store market starting with large cities, such as San Francisco, Chicago and Detroit, the Financial Times reported. The big box chain is reportedly has been looking at smaller-format sites between 20,000-50,000 square feet this summer. The company expects to outline its business plans later this year, Bill Simon, Wal-Mart’s CEO…
Wal-Mart Discounts Soda
At Chicago area Wal-Mart stores, shoppers are finding Coke cases at a special price: 24 cans for $5, the Chicago Tribune reported. The 20 cents per can price demonstrates Wal-Mart’s purchasing power, and is less than good news for the beverage industry, where after higher bottling prices and 10 years of stagnant pricing beverage companies…
7-Eleven Debuts Private-Label Beer
Dallas-based 7-Eleven Inc. is launching Game Day, a new store-brand premium lager, now entering 4,200 7-Eleven stores in 17 states, the Dallas Morning News reported. 7-Eleven plans to market the beer as “premium lager beer at a below-premium price,” said Dan Skinner, 7-Eleven’s category manager for alcohol beverages. “Our customer has been telling us for…
Competition Brews for Beer Sales
Convenience stores across the country are facing burgeoning competition on beer and wine sales from drug store giant Walgreens, which is branching back into the adult beverages category. Walgreens is adding beer sales due to “a direct response to consumer demand,” said Robert Elfinger, spokesperson for the Deerfield, Ill. drug store chain. It plans to…