Food Retail
Top stories summarized by our editors
2/20/2018

Albertsons will acquire a majority of the Rite-Aid drugstore chain in a cash-and-stock deal, adding crucial scale to the grocer's pharmacy operations, according to Bob Miller, Albertsons chief executive. Walgreens is already in the process of acquiring about 2,000 Rite-Aid stores, while pharmacies in Albertsons locations will move to the Rite-Aid brand.

2/20/2018

Red Lobster, Winn-Dixie and Publix have joined the movement among restaurants and grocers to convey to consumers that its seafood is responsibly produced, with Red Lobster using a Super Bowl ad to bring attention to the move. "A lot of companies want to do the right thing, but you have to develop a supply chain that's completely different from the one that exists right now," said Steve Kirn of the University of Florida's Miller Retail Center.

2/20/2018

Magical unicorn has become the first new shape in ten years to gain a permanent spot in the Lucky Charms marshmallow lineup. The shape was picked by popular vote and is a permanent addition to the cereal, replacing the hourglass shape.

2/20/2018

Wines created via volcanic soil tend to have more mineral complexity, according to master sommelier John Szabo, author of the book "Volcanic Wines -- Salt, Grit and Power." The soil can be more challenging for grapes to thrive, making the resulting wines more concentrated and structured, according to Szabo.

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Forbes
2/20/2018

Recognizing that career paths are not linear and developing the confidence necessary to take risks are key steps for success, said Deloitte CEO Cathy Engelbert. Engelbert made headlines for earning her CEO post, but said "we need to move these elevations of women into key roles from novelty to norm."

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CBS News
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Cathy Engelbert, Deloitte
2/20/2018

Asian-focused grocer HMart has brought something extra to its first location in the Austin, Texas, area: a market area for prepared foods that features a performance stage. The eatery's options include sushi, Korean barbecue and a no-tip bar.

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HMart
2/20/2018

A group of 40 Masters of Wine are visiting Argentina as the country seeks to show off its higher-end offerings. The trip was organized to educate top professionals and raise awareness about the country's higher-end wines, said Duncan Keen of Trapiche winery.

2/20/2018

Northern California winemakers and destination owners are looking forward to spring's renewal as a chance to get past the damage of last year's wildfires and welcome visitors. "If they want to show their support, do it by drinking some great Sonoma wine," said Mike Sullivan of Benovia Winery.

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Mike Sullivan
2/20/2018

New York steakhouse Smith & Wollensky is offering guests the rare chance to enjoy some Pappy Van Winkle whiskey in a special cocktail. The spirit plays a starring role in the Old Van Winkle Old Fashioned, priced at $35.

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Tasting Table
2/20/2018

An arid climate and granitic and volcanic soils combine to create conditions for inky, strong wines in Chile's Colchagua Valley. Its hotels and wineries make it an up-and-coming destination for wine-loving travelers, Michaela Trimble writes.

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Vogue online