IKEA Eyes Specialty Grocery Market
Plymouth Meeting, Pa., Swedish home-furnishings retailer IKEA has announced it will move into the grocery market next year with its own-label products. The company plans to offer mainly Swedish fare, including roll-mop herring and smoked elk sausage.
The announcement follows Wal-Mart’s announced plans to expand operations into the rest of Europe.
London’s Lost Sales
London, The British Retail Consortium estimated that central London experienced a 77% decline in shopping traffic on Thursday, the day following multiple bombings of the city’s transit system. The group, the largest trade association in the United Kingdom, estimated the attacks resulted in lost sales of ?26 million, or $45.4 million.
Walgreens Pharmacists Remain on Strike
Deerfield, Ill., Chicago-area Walgreens pharmacists are still striking, and both sides say no new talks have been scheduled. Previous talks with the National Pharmacists Association have led to no agreement.
In the meantime, the Walgreens that are affected by the strike are keeping pharmacies open, staffing them with non-union pharmacists and technicians.