New England-based family-owned grocer Roche Bros. Supermarkets has surpassed the 5 million mark in its branded Ecograde recyclable shopping bag initiative. The retailer teamed with GXT Green to offer the environmentally friendly bags, which are made of minerals and organic materials, degrade in about 240 days and are comparable in cost to traditional plastic bags.
Wal-Mart has increased its share of the $800 billion US grocery market and the retailer now commands 21.5% of the total market, said Andrew Wolf, an analyst at Loop Capital. Wal-Mart cut prices recently in markets where it competes with chains including Kroger and ALDI, he said.
Sales of organic food and goods rose 8% last year, topping $47 billion, with food accounting for $43 billion, according to a study by the Organic Trade Association. Most consumers buy organic food for health and environmental reasons, the study found, and fresh produce, meat and poultry were strong categories in the organic market last year.
Verizon Communications will release the SmartHub, an integrated smart home interface and Wi-Fi hot spot, today for $200. The SmartHub includes its own LTE line, allowing connectivity to a range of devices, including laptops and phones, and offers an HD Voice call feature.
Sales in Lenovo's global PC segment helped the company recover from a poor first quarter, in which it saw a 41% decline in net income, per industry data. Industry shipments of PCs were up 0.6% for the period, and the company was able to increase its market share in the segment.
Best Buy drives customer traffic to its brick-and-mortar stores with click-and-collect programs, and about one-third of customers now opt to pick up their online purchases at stores, per Fitch Ratings. Once customers arrive, the store has the chance to sell them additional items.
Motorola engineer Russ Gyenes asserts that the company's battery-testing process could have prevented an incident similar to Samsung's Note7 overheating issue. Gyenes argues that Motorola's process of checking batteries consistently at the individual cell level before mass production would have revealed this problem.
Acer has revealed a new line of computers, including the Nitro 5 gaming computer, the Spin 1 convertible and the Icona Tab 10 tablet. The Nitro 5 offers gaming-level performance through the use of an Intel i7 or AMD A-series processor, depending on the chosen configuration.
Global grocery retailer United Provisions has tailored its store in an eclectic St. Louis neighborhood to match its surroundings, attracting younger shoppers with new items to try and a variety of international products. "It's a really diverse street, so I think people are looking for something a little different," said Shayn Prapaisilp, a member of the retailer's ownership group.
An app used by Canadian grocer Longo's lets customers know when fresh items that are within three days of their sell-by dates go on discount. The Flashfood app helps people stretch their shopping dollars and helps the grocer reduce food waste.
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