CENTER STORE

Fresh & Easy slows expansion plans for the United States

BY Jenna Duncan

EL SEGUNDO, Calif. Fresh & Easy, the grocery chain operated by U.K.’s Tesco corporation that was slated to move into more California and West Coast markets by February, has announced that it will curb development of many stores, the company announced on Wednesday.

Tim Mason, chief executive officer of Fresh & Easy, said that due to the uncertainty of growth in the U.S. market for the remainder of 2008 and looking forward, the openings of 200 U.S. Fresh & Easy stores will be pushed to November 2009.

Tesco said that it had taken the decision because of the wider economy rather than because of concerns about how its stores were performing.

Tesco said that there was no doubt the U.S. economy was in a different place than it was when the company originally released plans for expansion. It said that initially its plans were to accelerate growth by the second quarter 2008, but now will delay plans for growth.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
CENTER STORE

Meijer updates databasing technology with aid from QuantiSense

BY Jenna Duncan

GRAND RAPIDS, Mich. Meijer grocery and general merchandise business has announced that it will build onto its current business intelligence systems by adding QuantiSense data tools.

The tools will help Meijer with improved information fathering, sorting and storage operations, reports said. Meijer will also have more support to for interaction between parts of their IT working on operations and also their business team to better execute strategy decisions, the company has said.  

Meijer is first integrating QuantiSense tools into its merchandising staff and will then roll out the system to executive management reporting, consumer insight groups and supply chain services, the company said. The tools help staff by monitoring dashboards which evaluate performance data.

Meijer also currntly uses the QuantiSense Developing Your Playbook for technology and management consulting services.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
CENTER STORE

Commerical Bakeries partners with Ganeden to develop probiotic cookies

BY Michael Johnsen

TORONTO Commercial Bakeries, manufacturer of private label cookie products in the United States and Canada, on Wednesday announced a partnership with Ganeden Biotech on the development of a variety of probiotic-enhanced cookie products.

“For the first time, we have the ability to produce baked goods with the added benefit of powerful, health-promoting probiotics,” said Phillip Fusco, vice president of Commercial Bakeries Corp. “Probiotics aren’t limited to the yogurt section any longer.”

“The ability to bake cookies and other products with probiotics is something that was unheard of until recently,” said Mike Bush, vice president for business development for Ganeden Biotech.

Ganeden Biotech’s patented probiotic, GanedenBC30, is the only commercially available probiotic strain that can survive baking and other manufacturing processes, Ganeden asserted. The ability of the probiotic strain to survive harsh manufacturing conditions makes it ideal for inclusion in shelf-stable, baked good products, such as cookies.

Commercial Bakeries Corp. produces an assortment of cookie varieties, including sandwich cream, wire cut and rotary cookies, for private labels in the United States and Canada.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?