Winn-Dixie's newest renovated store in Tampa, Fla., is one of five new formats the company will roll out to cater to different demographic groups in the markets it serves, said Ian McLeod, CEO of parent Southeastern Grocers. The revamped Tampa store stresses organic and local foods to compete with nearby Publix GreenWise, Whole Foods and The Fresh Market stores.
Weis Markets will give loyalty program members six choices when it comes to redeeming their points this holiday season, including free turkeys, Tofurkys or frozen lasagnas. Giant Food has also made changes to its holiday promotion, offering shoppers a $5 coupon when they pre-register for Nature's Promise turkeys.
AT&T on Saturday announced that it has made a deal to purchase Time Warner for $85.4 billion, or $107.50 per share. The merged business -- which will combine AT&T's TV and wireless business with Time Warner's premium content, including HBO and CNN -- would be headed by AT&T CEO Randall Stephenson.
Consumers are increasingly demanding bolder flavors and hotter spices in their snack foods, according to several flavor forecasts. Millennials, who snack more than previous generations, are looking for authentic international flavors such as Indian tikka masala and Korean barbecue.
Microsoft's recent financials show the company stock is trading at a level not seen since the 1990s, and much is attributed to strong growth from its Azure cloud services. The cloud services segment showed an increase of 116% year over year.
Kroger-owned banners Ralphs and Food 4 Less have teamed with health care network St. Joseph Hoag Health to give Southern California customers a chance to shop with doctors, dietitians and other nutrition experts. The goal is to teach shoppers about nutrition and help them make healthier food choices, said physician Amy Alias.
Zwift, a subscription-based fitness service, is to receive $25 million in funding. The company's base program allows cyclists to interact with others, but the addition of an app will likely make the technology more accessible to casual users.
The US government spends $1.4 billion annually to subsidize about 240 military commissaries, which sell groceries at 5% above cost to keep prices low for military families. Some in Washington wonder whether the stores are still necessary as the number of civilian retail grocery options continues to grow and the Defense Department looks to cut costs.
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