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.
Retailers need visually-engaging websites that are easy to navigate in order to increase customer engagement globally, said Sur La Table digital executive Kevin Ertell. A site should be a brand's hub, not just a sales channel, and it should always be evolving, he said.
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.
Corning says its Gorilla Glass 5 will protect more smartphone displays from breaking, with tests showing that the product survives 80% of falls from about 5 feet up. Broken screens are a top complaint from smartphone users, with 85% saying their phone has fallen at least once in the past year and 55% saying they have dropped their phone three or more times, per Corning data.
Computer scientists at the University of California at San Diego have developed a process for rendering pictures of shiny surfaces on the computer up to 100 times faster. Surfaces such as water and metal often take a long time to render due to small scratches and a reflective nature that scrambles light and produces an undesirable image.
Japan-based Funai Electric, the last standing VCR manufacturer, will halt production by the end of July after 33 years in the business. Last year, Funai sold 750,000 VCRs.
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