5 food retailers among 50 'Most Admired' companies
Food retailers Costco, Whole Foods, Target, Walmart and Publix are all ranked among a list of top 50 "Most Admired" U.S. companies, according to a ranking published by Fortune.
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Aldi poses minimal threat, Stater Bros. says
Aldi is scheduled to open its first eight stores in Southern California late next month — all in areas east of Los Angeles — but Stater Bros. Markets, which dominates those areas, doubts the new competitor will have much impact.
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Sprouts CEO: 4Q results highlight strengths beyond produce
In discussing quarterly sales strength that took many by surprise, officials of Sprouts Farmers Markets made a point that the retailer’s fortunes ride on something more than just the prevailing price of produce.
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Trade groups back uniform GMO labeling legislation
Food industry associations announced their support of a Capitol Hill proposal to establish a federal uniform labeling standard for foods made with genetically modified organisms (GMOs) and also for GMO-free foods.
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Wakefern names Williams CIO
Wakefern Food Corp. has named executive Cheryl Williams its new chief information officer, the company said.
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KeHe acquires fresh distributor Monterrey Provision
In a move the companies said would create a "national powerhouse" in specialty, natural and organic food distribution, natural products distributor KeHe has acquired Monterrey Provision Co., a San Diego-based regional distributor focusing on fresh perimeter departments like deli, meats and cheeses, the companies said.
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Nature's Promise refresh highlights 'free-from'
Ahold announced the launch of "free-from" labeling on its natural/organic Nature's Promise private label brands available at U.S. retail banners.
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Smith's president to retire
Kroger Co. said Monday Jay Cummins, president of the chain's Smith’s division, plans to retire on April 29 after 44 years with the parent company.
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Chipotle woes could benefit Whole Foods: Analyst
The food safety scandal troubling the fast-casual restaurant chain Chipotle could result in a sales benefit for Whole Foods Market, an analyst said in a report.
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Food growth at Target quickens pace
Comparable food sales at Target Corp. grew faster in the fourth quarter than overall company sales in either the third or fourth quarters — growth that validates the changes the company is making in assortment, presentation and freshness, Brian Cornell, chairman and CEO, told investors.
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