Moody’s Investors Service is offering Target Corp. some food for thought Tuesday in a report that highlights the advantage Wal-Mart Stores Inc.’s U.S. business enjoys over its smaller rival in the size and scale of its grocery business. …
Lidl, known for its competitive prices and private labels, is preparing to expand up the East Coast, from Georgia to New Jersey, by 2018. It has invested $77 million in a U.S. headquarters in Virginia, about $120 million in a distribution center, and in late August began seeking managers in 12 metro areas, including in Virginia, North Carolina and South Carolina. …
The Connecticut Food Association (CFA) names Leslie G. Sarasin, president and CEO of the Food Marketing Institute (FMI), as the recipient of CFA’s Outstanding Industry Leader award at its 2016 Person of the Year banquet. Sarasin will be presented the award at an evening reception on October 20th. …
This article examines consumers' purchase decisions over multicategory assortment and documents that they are less likely to purchase from a category of a given assortment when it is presented with another category assortment of greater variety and that the effect is driven by display proximity. …
The Crops Subcommittee of the National Organic Standards Board has submitted a recommendation that crops using hydroponic, aquaponic, aeroponic and other containerized growing methods—commonly used for products like living lettuce, herbs, sprouts and leafy greens—should no longer be eligible for organic certification. In addition, the Crops Subcommittee recommended new restrictions on the growing media for producers of other crops that use containers in their farming practices. …
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