Moody’s Likes The Outlook For Canadian Supermarkets
Canadian supermarkets are doing better than their U.S. and European counterparts in maintaining profit margins and credit quality, according to a Moody's analysis released Tuesday. …
Retail & FoodService
Ozone Refrigeration Named Hussmann Outstanding Distribution Partner
Hussmann recognizes Ozone Refrigeration for their extraordinary achievement in distribution in 2012 based on their contributions to Hussmann product sales and high quality engagement with food retailers throughout the metropolitan New York City market. Ozone has been a Hussmann distributor since 2000 and has continually increased Hussmann’s share of the new equipment shipments into their territory. They are driven to create premium value and to exceed their customers’ expectations with every retail project. …
Mi Pueblo Files For Chapter 11 Bankruptcy
Mi Pueblo, the festive Bay Area supermarket chain and icon of family-grown Hispanic businesses, filed for Chapter 11 bankruptcy protection Monday, citing a dispute with its primary lender, Wells Fargo. …
Kroger Plans $1 Billion Bond Offering
Kroger Co. has filed plans with the Securities and Exchange Commission to issue $1 billion in bonds. …
Peapod & Harvest Moon Farms Partner To Redefine Farm-To-Table Model
Community Supported Agriculture (CSA) is a great way to get summer’s bounty directly from the farm to your table, but the path to your table isn’t always easy – or profitable – for the farm. “Ask CSA farmers about what challenges them most, and they’re likely to report that distribution and scaling for growth top the list. In fact, distribution costs alone can kill the business,” said Bob Borchardt, owner of Harvest Moon Farms, a Viroqua, Wisc., grower that specializes in organic, heirloom vegetables. Enter Peapod. …
