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Haggen Files for Chapter 11 Bankruptcy
Following the announcement of a $1 billion lawsuit against Albertsons, Haggen filed for Chapter 11 bankruptcy in a U.S. District court in Delaware. Haggen expanded almost nine times in size in a matter of months after purchasing 146 Albertsons and Safeway stores in a government-ordered sale this year in the wake of the Albertsons and […]
Specialty Food Stores May Increase Home Values
Some specialty food stores may benefit their communities more than others. A report by RealtyTrac found that homes in the same zip code as a Trader Joe's have seen a 40 percent increase in value since they were purchased, compared to only 34 percent for homes near a Whole Foods Market. Homes near Trader Joe's […]
Sprouts Farmers Market Adds New Prepared Foods
Sprouts Farmers Markets is adding new and expanded deli offerings in four additional stores following a successful test of the concept. The offerings include a new salad bar, prepared proteins, and healthy side dishes. Following the rollout, the company plans to incorporate many of the products in a greater number of stores in 2016 and […]
CT Restaurant Launches Retail Private-Label Line
Arezzo Ristorante & Bar in Westport, Conn., will market its own brand of food, including pasta sauces, caponata, and other specialty items. Juan Ceballos, who founded the restaurant in 2000, says customers have been asking for the line for years and many retailers have approached him about creating a private-label line. When he was originally […]