U.S. District Judge Amit Mehta sided with the Federal Trade Commission when he moved to block the proposed merger of Sysco and US Foods because it could interfere with competition and result in higher costs for consumers, he revealed in a public version of his opinion released Friday. "The proposed merger of the country's first and second largest broadline foodservice distributors is likely to cause the type of industry concentration that Congress sought to curb at the outset before it harmed competition," he wrote.
Kroger continues to report growth in the center store, driven in part by the retailer's investments in its coffee selection, efforts to reorganize center-store sections to make them more intuitive and a growing selection of natural and organic packaged foods. "We are probably one of the few outlets that continues to grow units in the center of the store, and...with as big a piece of business as that is for us or any more traditional or conventional retailer, it's important that those categories grow nicely," Kroger's Chief Financial Officer Mike Schlotman said.
Former Trader Joe's President Doug Rauch opened his nonprofit grocery store concept Daily Table in Boston earlier this month, where he aims to tackle both food waste and food insecurity by offering items typically rejected by other grocery stores, such as packaged food that is less than six months from its expiration date and nearly-ripe produce. "I knew from my experience we have an abundance of food and much of it is going to waste through inefficiencies through the fact that we all want the beauty queen produce and anything that's ugly gets left in the field," Rauch said.
Chick-fil-A has unveiled plans to open a number of new locations in New York City in addition to the three-story flagship store announced in March. The chain is also plotting expansion in Seattle, Portland, Ore., Nevada and Michigan.
Sysco is canceling its planned purchase of rival US Foods following a federal judge's decision to grant the Federal Trade Commission's request to block the deal, the company announced Monday. Sysco will be required to pay $300 million in penalties to US Foods, and the company will "continue to look for strategic acquisitions," Chief Executive Bill DeLaney said.
Healthy foods with simple, natural ingredients are dominating the Summer Fancy Food Show this week, as manufacturers offer new products to fulfill a growing consumer demand that generated a record $109 billion in sales for specialty foods in 2014. Exhibitors at this year's event include Goodness Grainless gluten-free and vegan granola, unsweetened Sound Sparkling Tea, honey waters from Bee's Water, artisan pickles from Backyard Brine and meatless meals from Sweet Basil.
Consumers shopped online for groceries 29% more over the last year, and more than half of those who do some grocery shopping online said they are buying more of their groceries online, according to a survey from 72 Point and Door to Door Organics. About 19% of shoppers' weekly grocery spending happens online, and 53% look to at least three stores for their grocery needs, the survey found.
Burger King is looking to take its Indian-inspired line of vegetarian products global, according to Burger King India CEO Raj Varman. The company began offering vegetarian items in India in 2014. "Looking at the response here, the global management is evaluating introducing some of these options going forward to other vegetarian-friendly markets like the U.K.," said Varman. Varman added that Burger King India would also begin offering delivery service in the near future.
Sam's Club is expanding its member offerings online and through its mobile application with new Shocking Values daily discounts. The retailer, which will be the first wholesale retailer to offer online daily deals, hopes to attract new members through the Shocking Values program, which features savings of up to 60% on products from major brands.
Internal communications tools are a good way to help employees feel engaged and included, writes Amy Rees Anderson, former CEO of MediConnect Global. She posted a daily message to employees sharing her thoughts on the company. "The more I shared the more the employees got behind me and supported me as their leader," she writes.