Michael's Market Files For Bankruptcy Protection

Michael’s Market Inc., which includes six stores in the Chicago metropolitan area, has filed for Chapter 11 bankruptcy protection and is blaming its lender, Premier Bank of Wilmette, for its woes citing regulatory problems at the bank.

K-VA-T Food Stores, Inc. Chooses Revionics For Price Optimization

January 5, 2012 Revionics, Inc.

Revionics, Inc., the leading provider in retail life cycle price optimization solutions, and K-VA-T Food Stores, Inc., one of the Mid-Atlantic's largest and oldest regional grocers, announced that K-VA-T has selected Revionics as their price optimization provider. K-VA-T will deploy Revionics(R) Price Optimization and Revionics(R) Promotion Optimization, which includes Revionics' category planning tools, weekly price maintenance capabilities and optimized prices across all pricing zones, each week.

Proposed Grocery Tax Unlikely To Be Approved By The Georgia General Assembly

As the Georgia General Assembly reconvenes next week for an election-year session in a still lackluster economy, lawmakers likely will reject any proposal to reinstate a sales tax on groceries, state leaders say.

H-E-B Is Dishing Up Some Healthy Meals

The spicy pork samples Lorena Kaplen, a registered dietitian with the supermarket chain, dished into small plastic bowls are from one of three recipes that she and other H-E-B dietitians have developed to launch the company's new Healthy Savings initiative, in which ingredients for almost-all-in-one meals are sold at a discount.

The Peerless Group Unveils New Brand Identity

January 5, 2012 The Peerless Group

The Peerless Group, a division of the ITW Food Equipment Group, today announced the launch of its new brand identity and tagline in support of its long-term positioning and renewed dedication as an efficient, customer-focused manufacturer of premium quality food equipment. From its roots in 1913, Peerless has been a trusted supplier to the bakery industry for quality machines.