Creating Trusts For Your Children

By: Randall A. Denha, J.D., LL.M.* Some parents want to benefit the children immediately with gifts or an inheritance, while others want to attach strings and continue to maintain protection. What are the concerns that have led many parents to reconsider their children’s legacies? None are that unusual. One oft-expressed concern is that a child’s…

Prepared Foods Will Continue to Drive Growth

by Karl Smith/SVP-member value, Produce Marketing Association // the Shelby report Prepared meals in supermarkets have gone from an intriguing trend to a force to be reckoned with. Who is driving this trend? Millennials, of course. And they are driving it with gusto. According to the Food Marketing Institute’s “The Power of Fresh Prepared/Deli,” a survey of…

Central Grocers Files for Chapter 11 Bankruptcy

By Kristen Cloud // The  Shelby Report Central Grocers Inc. on May 4 announced that the company and all of its subsidiaries have voluntarily elected to file for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The company said it intends to use this court-supervised process…

Fresh Departments Continue to Dominate Grocers’ Differentiation Strategies

PG’s Annual Report reveals top in-store drivers   By Bridget Goldschmidt // Stagnito Business Information Is fresh overrated? Well, no. Although nonperishable products have definitely gained traction as part of a distinctive in-store experience, to differentiate themselves meaningfully, grocers must still primarily think fresh. In rating the most successful departments, 67.1 percent of respondents to…

Goodbye, Candy Counter: CVS Embraces Store Redesign

Nathan Bomey , USA TODAY Three years after abolishing tobacco sales, the nation’s largest drugstore chain is reducing space devoted to junk food and general merchandise. CVS Health plans to accelerate a store renovation project, devoting more floor space to nutritious food and health products. CVS executives said recently that they would implement the new format at several hundred stores by…

Supervalu and Unified Grocers Marriage to Create $16B Business

Posted by  Terrie // The Shelby Report Supervalu is acquiring California-based Unified Grocers in a transaction valued at approximately $375 million. Supervalu President and CEO Mark Gross said on a conference call Tuesday morning announcing the deal that the sale of Save-A-Lot late last year gave Supervalu the opportunity to pursue a business like Unified. He also noted that Supervalu intends…

Convenience Stores Hit Record In-Store Sales in 2016

NACS Online U.S. convenience stores experienced record in-store sales of $233.0 billion in 2016—and the third straight year of $10 billion-plus in pretax profits—according to newly released NACS State of the Industry data, the convenience and fuel retailing industry’s premier benchmarks and key performance category insights. Industry Snapshot 2015 2016 % Change U.S. Store Count…