By Andrew Harig // Food Marketing Institute We’re in the midst of one of the longest periods of food price deflation in more than 50 years. USDA reports that the consumer price index has been negative on a year-over-year basis since December 2015, causing severe pressure on same-store sales growth. Retail beef prices have declined…
Voters in three states—and a potential fourth—approved recreational marijuana initiatives, and several other states passed medical marijuana provisions By NACS Online Trump may have won the White House, but voters who support legalizing marijuana proved to be big winners as well, reports The Washington Post. The news source writes that voters in California, Massachusetts and…
Following Tuesday’s elections, voters approved ballot measures in four U.S. cities to impose a soda tax By NACS Online “The trickle of soda taxes is becoming a stream,” reports the Wall Street Journal, with voters in three California cities, San Francisco, Oakland and Albany, and Boulder, Colorado, all approving a ballot measure that taxes sugary…
By Madison.com Anheuser-Busch InBev (NYSE: BUD) completed its acquisition of SABMiller last month, giving the megabrewer even greater global reach, but the real winner from this merger will actually be Molson Coors (NYSE: TAP), which acquired the other half of MillerCoors it didn’t already own. The one-time joint venture will now be the engine that fuels its new parent’s…
The U.S. central bank announced that the credit card networks’ routing screens violate the law By NACS Online Recently the Federal Reserve Board published a clarification of Regulation II which implements debit swipe fee reform. One part of Regulation II protects retailers’ ability to choose which payment network to use for their debit transactions. Prior…
For many consumers, protein means healthy By NACS Online From smoothies to salty snacks, consumers can’t seem to get enough of protein, reports Bloomberg. And for many consumers, protein has become code for healthy. In fact, when Americans seek out healthy products, protein is the term that’s searched for most, according to Mintel Group, with…
By Grocery Order Tracking Inc. If you are looking for an inexpensive, simple way to meet the new Federal Grind Log Regulations, G.O.T. Systems is your answer. Introducing the Got Systems Electronic Grind Log: For close to 30 years, G.O.T. Systems has been providing tools for Independent Grocers to keep their customers happy, save money, and…
Deal will boost retailer/distributor’s fresh prepared capabilities By Progressive Grocer Midwestern grocery retailer and distributor SpartanNash will acquire certain assets of Caito Foods Service and Blue Ribbon Transport (BRT), including Caito’s produce distribution and fresh-cut fruits and vegetables businesses, its newly constructed Fresh Kitchen facility for fresh-prepared foods, and Blue Ribbon’s logistics business. The $217.5…
By Oil Price Information Service The federal government has moved a step closer to releasing the U.S. Agriculture Department’s final rule that enhances retailer requirements in the federal food stamp program – also known as the Supplemental Nutrition Assistance Program (SNAP). The rule has been sent to the federal Office of Management and Budget (OMB)…
Chicago and Dallas join a growing list of cities where the same-day grocery delivery service is available By NACS Online Amazon is expanding its same-day grocery delivery service, AmazonFresh, to two new cities: Chicago and Dallas. These new cities add to the growing list of regions where AmazonFresh is available, including recently-launched Northern Virginia, Boston,…