In this economy, cash-strapped consumers have become more budget conscious and less concerned about appearing cheap. As a result, better-known brands have steadily been losing ground to store-branded food products.
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Safeway might not seem to have any connection to Blockbuster, but it turns out the supermarket operator is the landlord of several Blockbuster stores slated for closure. Safeway has filed a motion to ensure the liquidations don…
Americans are returning to indulging in specialty foods the way they did before the recession, and they’ll likely make big purchases of these affordable luxuries during the holidays. A recent survey showed 63% of American consu…
The world’s largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari’s hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sour…
Whole Foods shares rose Friday after a Jeffries analyst upgraded the stock, saying the grocery’s strategy of offering lower-priced items has accelerated sales while maintaining low costs.
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