retail news in context, analysis with attitude

...with brief, occasional, italicized and sometimes gratuitous commentary…

• The Business Insider reports on a new study saying that "Target charges about 15% more than Walmart for groceries," and that "a price gap existed across all food categories, from fresh produce to packaged goods ... Walmart was at least 20% cheaper than Target on the following items: eggs, milk, peanut butter, meat, olive oil, grapes, pasta, quinoa, tall kitchen bags, got cheese, and pineapple. Target had cheaper prices on a few items, however, including grapefruit, coconut oil, and canola oil."

The story says that "the findings support a recent Moody's research note declaring that 'The gulf is widening between Walmart and Target,' and particularly when it comes to the retailers' grocery departments."

Fortune reports on a new study published in the Journals of Gerontology saying that "caffeine intake may be linked with a lower risk for dementia in older women ... Researchers found that participants who self-reported drinking more than 261 milligrams of caffeine cut their risk for dementia by 36%. That’s almost three 8-oz cups of coffee, with each cup containing 95 mg of caffeine."

However, "study authors warned that the results weren’t enough to establish a definitive cause-and-effect between caffeine intake and dementia prevention. The results may also have been influenced by the fact that the consumption data was self-reported."

I hope this also works for middle-aged men. Because when it comes to caffeine consumption, I like to think I am doing my best to hold up my end.

• The Associated Press reports that the American Egg Board's efforts to stop Whole Foods from selling an eggless vegan mayonnaise - Hampton Creek's Just Mayo - "were inappropriate, a review by the U.S. Department of Agriculture has found ... The USDA said it will require training for the American Egg Board and other 'checkoff' programs that promote commodities such as beef and pork as a result."

The Los Angeles Times writes that "investigators found that the board’s monitoring of a specific company and product and its attempt to undermine them were inappropriate and exceeded the 1976 bylaws that govern the 18-member board, which is appointed by the secretary of Agriculture and uses the $20 million in annual fees it collects from large-scale producers to support research and promote the egg industry."
KC's View: