Tag

Supermarkets

All articles tagged with #supermarkets

business2 hours ago•5 min saved

Immigrant-led coalition moves to sue NYC over city-run groceries

An immigrant-led coalition, the Multicultural Business Coalition, plans to sue New York City over Mayor Mamdani’s plan to open five taxpayer-funded city-run supermarkets with a 30% discount, arguing it would create unfair competition for nearby bodegas and mom-and-pop grocers. The group aims to raise about $1 million for the lawsuit and public awareness as it prepares to challenge the policy ahead of the first store opening in the Bronx.

via New York Post|

#bodegas #business #immigrants

local17 days ago•4 min saved

Four-Hour Wait: Shopper Dies in LA Grocery Aisle Sparks Backlash

A Granada Hills Vons remained open for hours after a shopper died in the bakery aisle, with staff allegedly told to block the body with shopping carts; the grieving family sat inside the store as mortuary workers arrived, prompting widespread backlash while the company said it cooperated with emergency responders and would review the circumstances.

via New York Post|

#california #death #ethics

world-news2 months ago•22 min saved

Austrian police detain suspect over rat-poison tampering in HiPP baby jars

A 39-year-old suspect was detained in eastern Austria after rat poison was found in HiPP baby-food jars at SPAR supermarkets, triggering recalls in Austria, Slovakia and the Czech Republic. Authorities are investigating intentional endangerment of the public, with five tampered jars seized before consumption; HiPP says it was a victim of extortion and a toxicity report is pending.

via New York Post|

#arrests #austria #baby

business9 months ago•4 min saved

Supermarkets warn tax hikes may increase food prices

Supermarket leaders in the UK warn that potential tax hikes could lead to higher food prices, amid ongoing inflation driven by global factors and domestic tax policies, with industry lobbying for tax relief to help keep prices affordable ahead of the upcoming Budget.

via BBC|

#business #food-inflation #food-prices

business1 year ago•2 min saved

Albertsons and Kroger's Merger Fallout: Lawsuits and Stock Buybacks

Albertsons has terminated its $25 billion merger with Kroger following a federal judge's decision to block the deal, and has filed a lawsuit against Kroger for breach of contract. The merger, which aimed to combine two of the largest U.S. grocery chains to better compete with Walmart and Amazon, faced opposition from unions, small grocery stores, and political leaders concerned about corporate consolidation. The Federal Trade Commission also opposed the merger, citing potential consumer price increases. Despite the collapse, both companies' stocks rose, with Albertsons announcing a $2 billion share buyback.

via CNN|

#albertsons #business #ftc

business1 year ago•1 min saved

Federal Judge Halts $25B Kroger-Albertsons Merger

A U.S. District Judge in Oregon has blocked Kroger's $25 billion bid to acquire Albertsons, citing concerns from the Federal Trade Commission about reduced competition and potential harm to consumers and workers. The ruling is a setback for Kroger, which argued the merger was necessary to compete with major retailers like Walmart and Amazon. The decision is seen as a victory for the Biden administration's aggressive stance against monopolistic mergers.

via NBC News|

#albertsons #business #ftc

business2 years ago•2 min saved

Stop & Shop to Close Underperforming Stores Amid Retail Struggles

Stop & Shop plans to close underperforming stores in the coming years as part of a four-year strategy to strengthen its brand and market position. The company, which has nearly 400 stores in the northeast, including 125 in Massachusetts, has not yet disclosed which locations will be affected. The decision follows a review of its portfolio and aims to ensure long-term health and growth.

via CBS Boston|

#ahold-delhaize #business #massachusetts

business2 years ago•3 min saved

Report Recommends Hefty Fines for Australian Supermarkets Breaching Code of Conduct

A government-commissioned report in Australia recommends imposing hefty fines on major supermarkets, such as Woolworths and Coles, if they breach a proposed mandatory code of conduct when dealing with suppliers, rejecting calls to give regulators the power to break up the big chains. The report suggests fines of up to A$10 million or 10% of revenue for non-compliance and aims to make the code tougher and more compulsory, with meaningful penalties and a more independent dispute resolution process. The final report is due in June, and the government is seeking ways to address the cost of living crisis and improve competition in the grocery sector.

via Reuters|

#australia #business #code-of-conduct

business2 years ago•3 min saved

Supermarket Chains Take Stand Against PepsiCo's Price Hikes

European supermarkets are clashing with major suppliers over "shrinkflation," with Carrefour removing PepsiCo products from its shelves while E.Leclerc, France's largest supermarket chain, has decided to continue stocking them. The move comes after a battle over rising prices and product shrinkage, with Carrefour taking a more aggressive stance and E.Leclerc opting for a more passive approach in negotiations with suppliers. The issue of price rises, attributed to supply-chain shocks and profiteering, has come under scrutiny, with pressure mounting on suppliers to lower prices as inflation falls back toward central bank targets.

via Fortune|

#business #europe #pepsico

lifestyle-and-consumer-news2 years ago•5 min saved

"New Year's 2024 Guide: Openings and Closures for Jan 1 Celebrations"

On New Year's Day 2024, most banks, USPS offices, stock markets, and New Jersey Motor Vehicle Commission locations will be closed, while many supermarkets, restaurants, and stores will be open with varied hours. There will be no regular mail delivery except for Priority Mail Express. NJ Transit, PATH, and SEPTA will operate on a Sunday schedule. Shoppers and diners are advised to check specific hours for local supermarkets, chain restaurants like McDonald's and Starbucks, and stores like Walmart and Home Depot. Online deals and sales are also highlighted for those looking to shop on the holiday. The next federal holiday after New Year's Day will be Martin Luther King Jr. Day on January 15.

via NJ.com|

##holidayhours #lifestyle-and-consumer-news

business2 years ago•3 min saved

July Rain Dampens UK Retail Sales

Retail sales in the UK dropped by 1.2% in July, with wet weather affecting summer clothing sales and rising living costs impacting food shoppers. The Office for National Statistics (ONS) reported a particularly challenging month for supermarkets, as sales volumes fell by 2.6%. Department stores also experienced falling demand for household goods. Compared to pre-pandemic levels, total retail sales were 16.4% higher in value but 1.8% lower in volume. Economists had expected a smaller decline in sales, and with inflation still high and consumer confidence falling, the outlook for overall spending remains uncertain. However, online retailers saw a boost in sales as shoppers stayed home due to the rain.

via BBC|

#business #consumer-spending #cost-of-living

crime3 years ago•1 min saved

Credit Card Skimmers Discovered at Oahu Supermarkets, Public Alerted

Honolulu police have issued a warning to the public after credit card skimmers were discovered at self-checkout registers in supermarkets across the island. The skimmers, which are attached to actual card readers, scan credit and debit card information when a card is used. The devices can be difficult to spot but can be identified through visual and physical inspection. Authorities advise checking for alignment issues between the card reader and the panel underneath it, comparing the card reader to others nearby, and looking out for any differences. Employees should be notified of any tampered terminals, and affected individuals should contact their credit card companies and monitor their accounts for fraudulent activity.

via Honolulu Star-Advertiser|

#credit-card-skimmers #crime #crime-prevention

business3 years ago•3 min saved

"UK Government and Supermarkets Grapple with Profiteering Crisis"

UK supermarkets including Tesco, Sainsbury's, Asda and Morrisons will face a parliamentary committee examining the cost of a weekly shop. MPs will question senior supermarket bosses about food and fuel price inflation, asking if prices will come down this year. The Competition and Markets Authority is examining the issue of high food prices. Supermarkets deny they are profiteering from high prices and claim their profits are being squeezed. The grocers say they are cutting prices where they can, arguing falls in commodity prices take time to filter through to the consumer.

via BBC|

#business #competition-and-markets-authority #food-prices

business3 years ago•1 min saved

Juneteenth 2023: What's Open and Closed?

Most major supermarket chains in New Jersey will be open on Juneteenth 2023 with regular or reduced hours, including Walmart, Wegmans, Whole Foods, Stop & Shop, and ShopRite. However, shoppers should check with their local store for specific information on opening and closing hours as it can vary by location.

via NJ.com|

#business #grocery-stores #juneteenth

business3 years ago•1 min saved

Unveiling the Sneaky Supermarket Trick to Make You Spend More

Supermarkets play music to lift the mood of shoppers, making their decision-making on shopping items more intuitive rather than needs-based. Shoppers tend to buy as much as 10% more when music is played in the store during a tough workweek, but only purchase what they need on Fridays and the weekend. The positive power of music is less noticeable on weekends when people are essentially happier. Playing music when people are shopping on the weekend may even mean people buy less, possibly because it adds more stress to an already busy environment.

via New York Post |

#business #consumer-behavior #music