Research Topic

TROY, Mich. - Kmart Corp. on Friday reported a $174 million net loss for February, the first full month since the discount retailer filed for Chapter 11 bankruptcy protection, the Associated Press reports.

WASHINGTON, D.C. - U.S. consumer spending grew briskly in February as incomes rose at the fastest pace since December 2000, the government said on Friday, signaling the nascent economic recovery is picking up speed.

NEW YORK - A private research group has reported consumer confidence is at its highest level since before the Sept. 11 attacks, indicating consumers are looking with confidence to the end of the recession.

BOSTON - The momentum of digital camera adoption among U.S. households continues, recent data shows.

WASHINGTON, DC - Consumer products manufacturers are moving ahead with their plans to implement Collaborative Planning, Forecasting and Replenishment (CPFR) initiatives, according to a study published by the Grocery Manufacturers of America (GMA).

FLORHAM PARK, N.J. - The nation's largest food manufacturers and restaurant industry executives will gather at The Food Safety Summit in Washington, DC March 13-15 to discuss how to protect the nation's food supplies from the threat of bioterrorism.

LONDON - British supermarket group Asda said today it will lobby the UK to allow more competition in the pharmacy industry, potentially saving consumers 420 million pounds ($600 million) a year, Reuters reports.

DALLAS - The Board of Governors of Food Distributors International (FDI) has approved a plan in which the association's wholesale grocery companies will join an umbrella organization with members of the Food Marketing Institute (FMI).