Shopko taps Genco for transportation procurement project
Pittsburgh — Genco has been selected to manage a truckload transportation procurement event for Shopko. The collaborative effort will encompass Shopko’s inbound and outbound transportation network and is the third strategic procurement engagement Genco has provided to Shopko.
"We are pleased to once again partner with Genco in the management of our upcoming transportation procurement project. We were impressed with the management team and their breadth of knowledge in the entire spectrum of procurement services. Genco’s ability to leverage their bid management tool to provide numerous cost savings opportunities had a significant impact on our decision to partner with this team," said James Wichern, director of transportation & distribution at Shopko.
Genco’s transportation logistics delivers proven solutions, including supply chain engineering, managed transportation, transportation procurement, multimodal freight brokerage and parcel management. GENCO combines our non-asset based, non-asset biased approach with industry leading best-in-class technology to provide data-validated transportation solutions that generate the most value and efficiency for customers.
Ground broken for new Premium Outlets Montreal
Montreal — Simon Property Group, SmartCentres and Calloway REIT hosted a ground-breaking ceremony on Wednesday to begin the construction of Premium Outlets Montreal, the second Premium Outlet Center in Canada.
The first phase of Premium Outlets Montreal will open in the fall of 2014 and will feature more than 80 upscale stores within the planned 366,000 sq. ft. center.
Montreal follows the successful opening of Toronto Premium Outlets in August 2013, Simon and Calloway’s first outlet center in Canada.
The Montreal center will be located in Mirabel, Quebec. The single level, village-style development will have a contemporary, sophisticated design for an upscale shopping atmosphere.
Survey: Consumers buying more specialty foods
New York — Consumers are choosing specialty foods over conventional foods at record levels, according to research from the Specialty Food Association.
Nearly 75% of U.S. consumers report making specialty food purchases this year, a major increase since the economic downturn of 2009 when only 46% reported that they bought these high-quality products. Consumers surveyed say they spend about one quarter of their at-home food dollars on specialty options like artisanal chocolates, cheeses and oils.
"The results confirm that consumers are responding to the wealth of innovative foods and beverages being produced today by food artisans and entrepreneurs across the U.S.," says Ron Tanner, the Specialty Food Association’s VP of communications and education. "Specialty food has become part of the daily diet for a majority of Americans."
The findings are based on an online survey conducted by Mintel International in August 2013 of 1,486 adults age 18 and older who purchase specialty foods.
Some 43% of specialty food consumers use their mobile phones to buy food, and nearly half buy foods with locally-grown ingredients.
Specialty food consumers tend to be young, affluent, and live in the West or Northeast. Men are almost as likely to make purchases as women, with 74% of men and 75% of women reporting buying specialty foods.