Price

White packaging rebrand sees Toffifay enter untapped affordable luxury segment in the US. Photo: Storck

Storck makes big US push with Toffifay

By Oliver Nieburg

August Storck has repositioned its Toffifay brand in the US to appeal to female shoppers and hopes to compete in the affordable premium space.

Rick Ancietti: “I think in some ways we’ve drifted more towards appearing and looking like a supermarket, which is not our heritage.

CEO: 'The center of the store is not generating the kind of performance that we would like'

New CEO at The Fresh Market to cut prices, reinvent center of store, launch loyalty scheme

By Elaine Watson

The Fresh Market can be fixed, but it’s going to have to cut prices of key-value-items (KVIs), and “reinvent” the center of the store, says its new president and CEO Rick Anicetti, who has spent his first few weeks at the helm “looking under the hood”...

Price increase drags down Smucker’s coffee sales

Price increase drags down Smucker’s coffee sales

By Elizabeth Crawford

J.M. Smucker Company’s notable 9% list price increase on Folgers, Dunkin’ Donuts and other packaged coffees in the U.S. announced last June has finally caught up with the food maker, dragging down its second quarter sales an expected 5%.

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