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Grocery News

Grocery news continually updated from thousands of sources around the net.

27 min ago | Seeking Alpha

CIBC Reports Solid Results; Turns Focus To Wealth Management

Toronto based, Canadian Imperial Bank of Commerce commonly referred to as CIBC, is one of Canada's chartered banks, fifth largest by deposits. Although CIBC is best known for its dominant position in the Canadian retail market its most recent financial results illustrated my previous message, which is that future growth will be driven outside of the retail business unit.

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Related Topix: Retail, Coles Myer

4 hrs ago | Charleston Business Journal

Harris Teeter to open new grocery store location in Summerville next week

A new Harris Teeter is opening next week in Summerville, according to a news release from the Matthews, N.C.-based company.

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Related Topix: Harris Teeter, Summerville, SC, Kroger, Retail

4 hrs ago | AmericanBankingNews.com

The Kroger Earns "Neutral" Rating from Zacks

's stock had its "neutral" rating reaffirmed by Zacks in a research note issued on Monday. They currently have a $54.00 price objective on the stock.

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Related Topix: Kroger, Retail, Ralphs Grocery

8 hrs ago | Business Journal

Exclusive: Opening date set for Blvd Place Whole Foods

Whole Foods Market Inc. will open its Blvd Place store Nov. 6 and will include a service new to Houston shoppers. Not only will the 55,000-square-foot store feature the grocer's first in-house brewery, a store employee will also ride a tricycle around the market taking orders and delivering beer to customers as they shop.

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Related Topix: Retail, Whole Foods Market, Houston, TX, Beer, Drink

9 hrs ago | Brandon Sun

New Cibc Ceo announces reorganization of bank's senior executives

Major changes are afoot in the executive ranks of the Canadian Imperial Bank of Commerce , as incoming chief executive Victor Dodig shuffles a number of leadership roles and announced the exit of one key executive. Dodig, who began his job as head of the bank on Monday, says chief operating officer Richard Nesbitt is leaving CIBC immediately, accelerating his initial plan to retire in October 2015.

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Related Topix: Financial Services, Canadian Imperial Bank of Commerce, Retail, Banking, Coles Myer

10 hrs ago | AmericanBankingNews.com

Ocado Group PLC Receives Consensus Rating of "Hold" from Analysts

Ocado Group PLC has been given a consensus rating of "Hold" by the eleven ratings firms that are currently covering the company, ARN reports . Five investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company.

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Related Topix: Retail, Ocado

11 hrs ago | The Daily Beast

Whole Foods' Anti-GMO SwindleThe confusing debate over ...

The confusing debate over genetically modified food isn't going away soon. And the longer consumers don't understand what they're buying, the more places like Whole Foods benefit.

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Related Topix: Retail, Whole Foods Market

14 hrs ago | Post and Courier

Two of state's three certified cheese pros lead Tuesday tasting

If you have a burning cheese question , a pair of Whole Foods pros will be on hand tomorrow night to answer them. Michelle Dawes and Janssen Strong, who recently passed the American Cheese Society Certified Cheese Professional exam , are hosting a Cheese Night at Whole Foods Market, 923 Houston Northcutt Blvd. The free 6 p.m.-7:30 p.m. event will focus on cheeses suitable for grilling.

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Related Topix: Retail, Whole Foods Market, Providence, RI

15 hrs ago | AmericanBankingNews.com

Recent Research Analysts' Ratings Updates for Empire Company Limited

Empire Company Limited received a number of price target changes and ratings updates during the last week: Empire Company Limited had its price target raised by analysts at National Bank Financial from C$75.00 to C$78.00. Empire Company Limited had its price target raised by analysts at Barclays from C$76.00 to C$82.00.

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Related Topix: Retail, Sobeys

Sun Sep 14, 2014

The Columbian

Whole Foods Market unveils limited Instacart delivery

Whole Foods Market Inc. has partnered with Instacart to offer grocery delivery within an hour for online purchasers in more than a dozen cities. Austin-based Whole Foods announced the deal with San Francisco-based Instacart that also includes online orders and in-store pickup at some sites.

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Related Topix: 38 Studios, Retail, Whole Foods Market

Daily Camera

In wake of CEO ouster, a turning point for Boulder-based Alfalfa's Market

Andrew Scott stocks sweet potatoes in the produce area on Tuesday at the Alfalfa's on Broadway and Arapahoe Avenue in Boulder. A senior leadership upheaval last week at Alfalfa's Market - a two-store local grocer that is a reboot of the popular natural foods chain of the 1980s and '90s - resulted in the firing of three managers and the forced resignation of CEO and Chairman Mark Retzloff, an industry veteran who co-founded both iterations of Alfalfa's.

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Related Topix: Boulder, CO, Potatoes, Life, Food, Vegetables, Retail, Wild Oats Markets, Louisville, CO

Post and Courier

Piggly Wiggly's retreat from the Charleston region hits one-year mark

This past Saturday marked the one-year anniversary of Piggly Wiggly Carolina Co.' s announcement that it was selling most of its supermarkets in the Charleston area to larger rival grocers Bi-Lo and Harris Teeter.

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Related Topix: Charleston, SC, Harris Teeter, Summerville, SC

The Southtown Star

Burbank man wins $250K from lottery

Christopher Bielecki bought a Black Diamond scratch ticket at Jewel-Osco, 21164 S. LaGrange Road, Frankfort, according to a statement from the Illinois Lottery.

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Related Topix: JewelOsco, Retail, Illinois

Lowell Sun

Littleton Market Basket to open soon

Market Basket will open its new Littleton store, which has been under construction off Route 119, by the end of the year. "I am writing to provide with the assurance that we are, after some delay, proceeding rather quickly and have directed all available resources to open the new Market Supermarket in Littleton by the end of December 2014," Arthur T. Demoulas, CEO of Demoulas Super Markets Inc., wrote in his Sept.

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Related Topix: Littleton, MA, Demoulas Super Markets, Retail

Post-gazette.com

New owners of Uncle Charley's eye expansion

On a typical production day, workers at the Uncle Charley's Sausage plant in Vandergrift make 17,000 pounds of plump, pink sausages in neat casings. But they pushed that to 25,000 pounds a day in the past few weeks to meet increased demand from Labor Day holiday picnics, on top of the brand's inclusion in the Giant Eagle weekly ad flier and in a Shop 'n Save two-day sale.

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Related Topix: Vandergrift, PA, Giant Eagle, Retail

Sat Sep 13, 2014

KLKN

Prominent businessman and community leader passes away

This morning, Nebraska lost a prominent businessman and community leader. Russ Raybould died this morning at the age of 92. The founder of B&R stores shaped the grocery industry here in Lincoln for the better part of five decades.

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Related Topix: Marketing

UPI

Organic food brand at Kroger's to hit $1B in sales

The organic food brand at Kroger grocery store - Simple Truth - is set to exceed $1 billion in annual sales, the chain says. The grocery chain expanded its organic and natural foods brand two years ago to more than 35,000 products and has seen steady growth ever since .

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Related Topix: Kroger, Retail

St. Petersburg Times

Sears looks outside the (smaller) box to bring in revenue

It sells grass-fed beef, organically grown produce and made-to-order paninis. Whole Foods Market opens Sept.

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Related Topix: Sears Holdings Corporation, Retail, Whole Foods Market, 38 Studios, Life, Beef, Food, Meat, Pinellas County, FL

Seeking Alpha

Whole Foods - Could You Please Recommend Some Cheese For This Whine?

Despite the absolute reset in growth expectations, WFM still has strong relative growth to comps and thus warrants a premium. When I first started looking at Whole Foods Market , my first inclination was to say that it looks like a broken growth story and that there might be less troubled waters to fish.

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Related Topix: Retail, Whole Foods Market, 38 Studios

TheStreet.com

Safeway (SWY) Upgraded From Hold to Buy

This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures.

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Related Topix: Safeway, Retail, Financial Markets

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