The company filed a WARN notice with Maine JobLink Sep. 23, the same day it announced its national closure.
grocery
Posted inBusiness, Nation & World, News
Grocery chains are bigger than ever. Here’s a look at the market.
Over the past 3 decades, the traditional supermarket industry shrank as a handful of big-name grocers acquired their smaller local and regional rivals.
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Posted inBusiness, Nation & World
Kroger and Albertsons defend merger plan against U.S. regulators’ objections
A hearing began Monday in federal court in Oregon on the merger plan proposed in October 2022.
Posted inBusiness, Nation & World, News
Small grocers feel squeezed by suppliers, and shoppers bear the pain
Grocery owners say they have little room to maneuver amid already razor-thin margins.
Posted inBusiness, Nation & World
Grocers are finally lowering prices as consumers pull back spending
An array of federal regulators, Democratic lawmakers and think tanks contend that large retailers have kept prices artificially high.
Posted inBusiness, Food, News
Sour Patch Kids Oreos? Peeps Pepsi? What’s behind the weird flavors popping up on store shelves
Surprising flavor combinations are showing up more frequently in grocery stores and restaurants.
Posted inNation & World, News
Higher temperatures mean higher food and other prices. New study links climate shocks to inflation
By 2060, the climate-triggered part of inflation should grow, with global food prices predicted to increase 2.2 to 4.3 percentage points annually, the study said.
Posted inBusiness, Nation & World, News
Big grocery stores profited from pandemic more than smaller rivals
The report collected information confidentially from retail giants Amazon.com Inc. and Walmart Inc. as well as chains like Kroger Co. for an investigation of grocery supply chain disruptions.
Posted inBusiness, Nation & World, News
Discount grocers smell opportunity amid rising prices
Together, these discount grocers and value retailers are sprinting to meet consumers where they are: hunting for cheaper grocery options.
Posted inBusiness, Maine, News
Hannaford, Market Basket, Shaw’s, Walmart: Check out the Press Herald’s comparison shopping
The cost of groceries has skyrocketed in recent years, but the price of food is only one factor attracting patrons to the big players in Maine’s shifting supermarket landscape.