Tag Archive
Can Grocers Serve Up Profits – US-FOREX.US
Commodity costs are much cheaper than a year ago, so you’d think the food sector would have an easier time pleasing the Street with higher profits. But it’s not that simple: Consumers remain a challenge as companies vie for a bigger portion of their limited spending. Whole Foods Market has seen its number of shoppers… »
Wal-Mart Turns To Private-Label Products – US-FOREX.US
As budget-minded shoppers roll through grocery store aisles looking for ways to stretch their cash, grocers are responding to the competitive pricing environment by doing their own share of penny-pinching.For Wal-Mart Stores -which touted itself as the low-price leader even when other stores tried to lure higher-income shoppers with remodeled stores and improved product mix-private-label… »
Did Someone Order Savings – US-FOREX.US
Quarterly results from ConAgra Foods on Thursday proved that budget-minded consumers will buy brand-name products if they consider them a good value. Convenience and price dictate shoppers’ buying decisions, resulting in double-digit sales growth for the Omaha, Neb.-based company’s frozen meal lines like Healthy Choice, Marie Callender’s and Banquet. On Thursday, ConAgra Foods said enhanced… »
Food Industry Is Hungry For Profits – US-FOREX.US
ConAgra Foods is preparing to report fourth-quarter earnings on Thursday morning, but analysts warn the popularity of grocery stores’ private-label brands could chew into profits. According to one stockpicker, however, the company’s lower input costs are helping it close the pricing gap. After grocery store operator Kroger announced a meaty 12.7% boost to first-quarter profits… »