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9/13/2015 24/7 Wall St.: Wegmans, Publix, Trader Joe’s Big Winners in Supermarket Survey ProQuest http://search.proquest.com.ezproxy1.lib.asu.edu/docview/1669469416/fulltext?accountid=4485 1/2 Translate 24/7 Wall St.: Wegmans, Publix, Trader Joe’s Big Winners in Supermarket Survey In a recently completed survey of more than 62,000 supermarket customers, Consumer Reports rated Wegmans at the top of the list with a score of 90 (out of a possible 100). Publix and Trader Joe’s finished in a tie for second with scores of 87. At the bottom of the list were the supercenter stores of Wal-Mart Stores Inc. (NYSE: WMT), tied with A&P and Waldbaum’s stores with scores of 64. The key is no longer low pricing, fast checkout times or variety of offerings. The new top-of-mind consideration according to Consumer Reports is “fresh.” Of the 68 chains included in the survey, only three received top scores for freshness: Wegmans, The Fresh Market Inc. (NASDAQ: TFM) and Whole Foods Market Inc. (NASDAQ: WFM). The magazine cited an observation by consumer research firm The Hartman Group: For many Americans, food is the new medicine: We believe we can eat our way to good health. As a result, consumers have become increasingly savvy label readers, wary of preservatives, chemicals, and unpronounceable ingredients. It’s no surprise, then, that since 2007 the demand for minimally processed foods with shorter ingredients lists has risen significantly. The emphasis on freshness is driven by younger consumers who have also turned away from fast-food restaurants like McDonald’s Corp. (NYSE: MCD) and favor slightly more expensive but higher-quality restaurants like Chipotle Mexican Grill Inc. (NYSE: CMG) and Panera Bread Co. (NASDAQ: PNRA). Consumer Reports also noted the rise of supermarket take-out and dine-in food choices as alternatives to fast-food restaurants. Once again, the focus is on freshness and higher-quality ingredients. Even the blizzard of cooking shows on TV gets a nod for increasing awareness of food. As one expert cited by Consumer Reports notes, “Once there was only Julia [Child]. Now entire networks are devoted to food. Food’s all around us.” ALSO READ: The Healthiest (and Least Healthy) Countries in the World The views expressed in any and all content distributed by Newstex and its re-distributors (collectively, the "Newstex Authoritative Content") are solely those of the respective author(s) and not necessarily the views of Newstex or its re-distributors. Stories from such authors are provided "AS IS," with no warranties, and confer no rights. The material and information provided in Newstex Authoritative Content are for general information only and should not, in any respect, be relied on as professional advice. Newstex Authoritative Content is not "read and approved" before it is posted. Accordingly, neither Newstex nor its re-distributors make any claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained therein or linked to from such content, nor do they take responsibility for any aspect of such content. The Newstex Authoritative Content shall be construed as author-based content and commentary. Accordingly, no warranties or other guarantees are offered as to the quality of the opinions, commentary or anything else appearing in such Newstex Authoritative Content. Newstex and its re- distributors expressly reserve the right to delete stories at its and their sole discretion. Credit: Paul Ausick Word count: 501 Copyright Newstex Apr 3, 2015 Back to top Newstex Finance & Accounting Blogs (/pubidlinkhandler/sng/pubtitle/Newstex+Finance+$26+Accounting+Blogs/$N/2032845/DocViewUX/166 9469416/fulltext/$B/1?accountid=4485). (Apr 3, 2015). (http://www.newstex.com) Full text (/docview/1669469416/fulltext?accountid=4485) Details (/docview/1669469416/citation?accountid=4485) ; Search ProQuest...

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9/13/2015 24/7 Wall St.: Wegmans, Publix, Trader Joe’s Big Winners in Supermarket Survey ­ ProQuest

http://search.proquest.com.ezproxy1.lib.asu.edu/docview/1669469416/fulltext?accountid=4485 1/2

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24/7 Wall St.: Wegmans, Publix, Trader Joe’s Big Winners inSupermarket Survey

In a recently completed survey of more than 62,000 supermarket customers, Consumer Reports rated Wegmans at the top of the list with a score

of 90 (out of a possible 100). Publix and Trader Joe’s finished in a tie for second with scores of 87. At the bottom of the list were the

supercenter stores of Wal-Mart Stores Inc. (NYSE: WMT), tied with A&P and Waldbaum’s stores with scores of 64.

The key is no longer low pricing, fast checkout times or variety of offerings. The new top-of-mind consideration according to Consumer Reports is

“fresh.” Of the 68 chains included in the survey, only three received top scores for freshness: Wegmans, The Fresh Market Inc.

(NASDAQ: TFM) and Whole Foods Market Inc. (NASDAQ: WFM).

The magazine cited an observation by consumer research firm The Hartman Group:

For many Americans, food is the new medicine: We believe we can eat our way to good health. As a result, consumers have become increasingly

savvy label readers, wary of preservatives, chemicals, and unpronounceable ingredients. It’s no surprise, then, that since 2007 the demand

for minimally processed foods with shorter ingredients lists has risen significantly.

The emphasis on freshness is driven by younger consumers who have also turned away from fast-food restaurants like McDonald’s Corp.

(NYSE: MCD) and favor slightly more expensive but higher-quality restaurants like Chipotle Mexican Grill Inc. (NYSE: CMG) and Panera Bread Co.

(NASDAQ: PNRA).

Consumer Reports also noted the rise of supermarket take-out and dine-in food choices as alternatives to fast-food restaurants. Once again, the

focus is on freshness and higher-quality ingredients.

Even the blizzard of cooking shows on TV gets a nod for increasing awareness of food. As one expert cited by Consumer Reports notes,

“Once there was only Julia [Child]. Now entire networks are devoted to food. Food’s all around us.”

ALSO READ: The Healthiest (and Least Healthy) Countries in the World

The views expressed in any and all content distributed by Newstex and its re-distributors (collectively, the "Newstex Authoritative Content") aresolely those of the respective author(s) and not necessarily the views of Newstex or its re-distributors. Stories from such authors are provided "ASIS," with no warranties, and confer no rights. The material and information provided in Newstex Authoritative Content are for general informationonly and should not, in any respect, be relied on as professional advice. Newstex Authoritative Content is not "read and approved" before it isposted. Accordingly, neither Newstex nor its re-distributors make any claims, promises or guarantees about the accuracy, completeness, oradequacy of the information contained therein or linked to from such content, nor do they take responsibility for any aspect of such content. TheNewstex Authoritative Content shall be construed as author-based content and commentary. Accordingly, no warranties or other guarantees areoffered as to the quality of the opinions, commentary or anything else appearing in such Newstex Authoritative Content. Newstex and its re-distributors expressly reserve the right to delete stories at its and their sole discretion.

Credit: Paul Ausick

Word count: 501

Copyright Newstex Apr 3, 2015

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