Month: April 2013

Metro Inc, Canada's No. 3 grocer, more than tripled quarterly earnings after selling part of a convenience store operator, but it warned of a "challenging" competitive environment. …

What else can Wal-Mart possibly do to win the web? Nielsen’s Todd Hale has one answer. “E-commerce is growing at 11% a year, but sales for consumer packaged goods online — food, groceries, everyday items — are more like high double digits, almost 20%,” said Hale, SVP of consumer and shopping insights. “This is the space Wal-Mart has to go after: perishable items. That’s where they need the infrastructure.” …

Looking to shorten the wait at the checkout, Kroger Co. is tinkering with technology that allows customers to scan grocery items themselves as they take them off the shelf. …

Supermarket operator Supervalu Inc, trying to slim down its business, on Wednesday reported a wider quarterly loss mainly on weak sales at its retail food segment. …