Royal Ahold and Delhaize Group's merger to become Ahold Delhaize was finalized Saturday, creating what will be the fourth-largest US grocery retailer. The company's US chains will include Stop & Shop, Giant, Food Lion and Hannaford, and the Europe-based retailer will get about 63% of its sales from its US business, according to brokerage Jefferies.
After putting several store openings on hold last week, The Fresh Market is seeking flexibility in its expansion plans to examine its strategy for long-term growth, the company said Friday. The retailer has not yet set new opening dates for the four new stores, which are slated to open in Pennsylvania, Florida, Virginia and Missouri.
About 41% of shoppers consider packaged snacks from grocers to be better than those from snack shops such as ice cream and doughnut shops, cafes and restaurants, according to a survey by Mintel. The data indicate that food retailers are significant competition for foodservice organizations when it comes to snacking, and the survey also found that 67% of 18-to-44-year-old shoppers prefer portable snacking options.
Nintendo is claiming that "Pokemon Go" will add little to its earnings, despite the company owning a 32% stake in creator Pokemon Co. and part of partner Niantic. Shares plummeted 18% following Nintendo's statement, but Macquarie Securities Group senior analyst David Gibson says the market "has overreacted."
Nvidia's latest Titan X graphics processing unit, built around the Pascal architecture and boasting 12 billion transistors, will go on sale next week as part of a $1,200 add-in card for PCs. The chip will be used in gaming and artificial-intelligence applications.
The US Postal Service is looking to expand its grocery delivery partnership with AmazonFresh, with the hopes of adding new markets and pushing the partnership until October of next year. The delivery test currently covers 38 ZIP codes, including Sacramento, Calif., where the USPS has an on-time delivery rate of more than 90%, according to Sacramento region Postal Service spokeswoman Meiko Patton.
SoftBank is gearing up to take its "human-like" robot, dubbed Pepper, to Taiwan this year, marking one of the first markets outside of Japan that will get the robot. SoftBank hopes by mid-2017 to rent out about 60 internet-connected Peppers per month to companies for functions such as customer service.
Jerky treats for dogs sourced or produced in China have long posed concern to veterinarians and animal owners, writes veterinarian Lawrence Gerson, but cases of associated illness and a definitive link are difficult to confirm. After extensive testing, the FDA found antibiotic and antiviral residues in the treats but few other clues, and the FDA continues to recommend that pet owners be cautious.
Veterinarian Liz Bales created the NoBowl Feeding System, a new method of feeding cats that abandons bowls and instead includes five small containers owners can stuff with cat food and place around the house for cats to hunt. The containers resemble mice, and the system is designed to work with a cat's instinctual eating behavior by encouraging them to seek food, bat the containers around and chase down the dispersed pieces.
Mass CPG marketing is yielding to a more tailored individual marketing approach, writes Gary Hawkins, founder and CEO of the Center for Advancing Retail & Technology. "I am suggesting not an incremental approach to brand marketing, but a wholesale transformation of how shopper marketing and trade promotion are executed: a customer-of-one approach," he writes.
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