ECRM_1170x120_8-1-17

Issue 03-06-2017

Knopf gets bigger role, president’s title at Raley’s

WEST SACRAMENTO, Calif. — Raley’s has awarded the title of president to Keith Knopf, the supermarket chain’s chief operating officer. The company said the move reflects a change of focus for majority owner and chief executive officer Michael Teel, who intends to spend more time in the community encouraging vendors, farmers and government agencies to

Sears takes new steps to stay afloat

HOFFMAN ESTATES, Ill. — Sears Holdings Corp. has announced it will seek to cut costs this year by $1 billion and trim debt and pension obligations by at least $1.5 billion. The company, which reported its sixth straight quarter of slumping sales, will undertake a restructuring, including a combination of the corporate functions of Sears

Albertsons’ charitable work noted

BOISE, Idaho — Hunger Is, a joint charitable program of the Albertsons Cos. Foundation and the Entertainment Industry Foundation to raise awareness and funds to end childhood hunger in the United States, has been nominated for two prestigious 2017 Halo Awards, North America’s highest honor for corporate social initiatives and cause marketing. The awards, now

Grocer upgrades private label

JACKSONVILLE, Fla. — Southeastern Grocers LLC, home of BI-LO, Fresco y Más, Harveys and Winn-Dixie stores, has announced its largest-ever transformation of private label products, which will span about 3,000 items across all categories at each banner-specific store throughout 2017. To date, Southeastern Grocers has tested more than 2,330 own brand items, which has led

Consumer spending upheaval

NEW YORK — Consumer spending, the engine that drives about 70% of the U.S. economy, is poised for significant changes as the population ages, according to The Conference Board. The nonprofit membership organization is forecasting big increases in health care and retirement spending over the next decade, as well as a notable decline in Americans’