Ahold and Delhaize expect to complete their merger Saturday, including gaining approval from the US Federal Trade Commission, with plans to begin trading stock as a combined company Monday, the retailers said Thursday. The companies agreed to sell off 86 stores in the US as part of the merger plans.
Food retailers and brands have tried many strategies to encourage shoppers to buy, including moving some center-aisle products to perimeter displays, branded discount displays and switching up product placements in the center aisles. For example, Winn-Dixie teamed with Hershey to create eye-catching candy displays in the front of the store in 2014, while Coca-Cola and other brands do research into maximizing sales and shelf displays and use the findings in suggestions to retailers.
New York-based Wegmans Food Markets is looking expand its presence in North Carolina with a second store in the city of Cary, according to preliminary plans filed there. The retailer announced in January that it would open its first store in North Carolina in Cary, and Wegmans also said it is looking into several potential store sites in the Raleigh-Durham market.
Colombia is coordinating with other countries in Central America to formulate an early response in the event Panama disease, also known as Fusarium wilt, hits the region's banana crops, said Carlos Soto, head of the Colombian Agricultural Institute. The fungus can remain in the soil for 30 years and has the power to devastate several types of banana crops.
Top stories in food and beverage this week include the new federal GMO labeling law, Wal-Mart's commitment to reducing food waste and efforts by grocers to take advantage of the "Pokemon Go" craze.
Associated Retail Operations is showcasing the food of local growers with farmers market displays at Macey's, Lin's, Dan's, Dick's Market and Fresh Market stores in Utah. "As locally owned retailers, it is important for us to support other local businesses, especially our farmers and growers," said Danni Barnhart, Associated Retail's produce manager.
Southeastern Grocers unveiled a new concept for its Harveys banner in Charlotte, N.C., marking the retailer's first foray into the state and its efforts at operating stores that cater to the needs of local shoppers. The new store includes more than 450 Southern Home items, a $1 Zone that features more than 650 products, a produce department that includes local fruits and vegetables, a meat department featuring smoked and value meats, a hot wing bar and locally-produced food items.
The attention drawn to the Olympics in Rio de Janeiro could spur people to give Brazil's national liquor, cachaca, and the tropical "caipirinha" cocktail a try. While cachaca is made from sugarcane, fans consider it substantially different from rum.
Stiff competition among vodka brands has forced mainstays such as Smirnoff and Absolut to cut their prices, according to Jess Bailes, executive vice president for the ABC Fine Wine & Spirits chain in Florida. Categories such as bourbon and Irish whiskey are showing strong sales in the chain's stores, Bailes said.
The Los Angeles City Council will commission a six-month study to explore the feasibility of adding an anaerobic digester at the Scholl Canyon Landfill. The technology would cut the amount of trash at the landfill by converting organic matter into methane gas.
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