Save Mart Supermarkets Signs Multi-Year Sponsorship Extension With Sonoma Raceway

June 29, 2015 Save Mart Supermarkets

Save Mart Supermarkets has signed a multi-year agreement to continue as co-title sponsor of the annual NASCAR Sprint Cup Series race at Sonoma Raceway, extending the raceway’s most enduring commercial sponsorship, officials announced today.

A Look Inside Boston's New 'Expired' Food Supermarket

We’ve all been in this confusing scenario: your milk in the fridge expires the day you want to use it. But is that its sell-by date? Best by? Use by? What does that expiration date really even mean?

Wal-Mart’s Neighborhood Market Is A ‘Different Animal’

The retailer's smaller-format stores, called Neighborhood Markets, are a major threat to traditional supermarkets like Whole Foods, Kroger, and Trader Joe's, and they are expanding rapidly, according to Moody's analysts.

Wal-Mart To Impose Charges On Suppliers As Its Costs Mount

June 29, 2015 Nathan Layne, Reuters

Wal-Mart Stores will begin charging fees to almost all vendors for stocking their items in new stores and for warehousing inventory, raising pressure on suppliers as the world’s largest retailer battles higher costs from wage hikes.

Sobeys To Cut 1,300 Jobs As It Streamlines Distribution Operations

Sobeys Inc. is preparing to shave 1,300 jobs in the wake of its takeover of Safeway Canada as the country’s second-largest grocer looks to consolidate its distribution and office operations and cut costs.