The grocery wars are heating up, not just at supermarkets. A bizjournals report shows how Wal-Mart and Target are rolling out smaller stores and beefing up their focus on grocery sales. Target is spending $1 billion to remodel about 340 stores this year. New grocery content will feature fresh produce, packaged beef and ground chicken.
Nationally, drugstore chains like Walgreens and CVS, even Dollar Stores and 7-Eleven, are looking to groceries or prepared meals to boost sales. The Federal Bureau of Economic Analysis says consumers are holding back on spending. But food still sells in a tough economy. In april, personal income rose slightly by 0.4% to about $54 billion. Consumer spending rose about half a percent to $4 billion in April.
Marrano Marc Equity and Roswell Park Cancer Institute cut the ribbon on a home building project today in Williamsville. Marrano is "raising the roof for groundbreaking cancer research" by building a home for Roswell. When it is sold, Marrano will donate the proceeds to Roswell Park Cancer Institute.