Target has updated the packaging for its private-label Market Pantry brand, starting with the line's dairy products and rolling out to the rest of Market Pantry's more than 1,900 products spanning 100 categories throughout the rest of the year. The new packaging, which was created by a team of merchants, marketers, designers and engineers, features a bolder design and better images of the products based on feedback from shoppers, who said the images of foods that appear on packages influence their buying decisions.
With the back-to-school shopping season in full swing, many retailers find themselves understaffed as students increasingly opt for unpaid internships to get real-life experience over taking retail jobs. Retailers are working with associations and local community groups to solve employee shortage problems.
Natural foods chain Earth Fare will open two stores in North Carolina's Triangle region in the next year, directly competing with market leader Whole Foods. Asheville, N.C.-based Earth Fare originally opened in 1975 as Dinner for the Earth.
With major grocery chains trying to stay competitive and keep their unions happy, Bi-Lo will most likely be purchased by a private investment firm or a buyout group, analysts say. The grocery chain was put up for sale in February and multiple bids have been submitted. The sale is expected to be completed by year's end.
The Belgian brewer increased its ownership of Sun Interbrew of Russia, signaling what many see is a commitment to the expanding Russian beer market. The deal, valued at nearly $650 million, raises Interbrew's ownership of Sun Interbrew to 75.5%.