Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
Online Grocery Delivery Services Market size is set to grow by USD 652.45 billion from 2023-2027
Albertsons Companies Inc., Alibaba Group Holding Ltd. and Amazon.com Inc., and more to emerge as Some of the Key Vendors, Technavio
The global online grocery delivery services market size is estimated to grow by USD 652.45 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 19.43% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental...
CNBC/NRF Retail Monitor Shows Retail Sales Grew in March Amid Wage Gains and Easing Inflation
Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.
“As inflation for goods levels off, March’s data demonstrates steady spending by value-focused consumers who continue to benefit from a strong labor market and real wage gains,” NRF President and CEO Matthew Shay said. “In this highly competitive market, retailers are having to keep prices as low as possible to meet the demand of...
Shoppers Believe Government Policies and Actions Most Responsible for Higher Prices in Supermarkets
The Feedback Group, a leader in providing actionable stakeholder feedback, today released new findings from national research conducted with 1,150 consumers about their experience shopping in supermarkets for food and groceries.
Government Policies and Actions Top List of Factors Responsible for Higher Prices at SupermarketsSupermarket shoppers rated a variety of entities and factors, on a five-point scale where five is "highly responsible" and one "not at all responsible", as to their degree of responsibility for higher prices in supermarkets. Viewed as most responsible, government policies and actions received the highest mean score (3.86). Product manufacturers and suppliers scored second most responsible (3.75), followed more distantly by wars and worldwide political conflicts (3.42), supermarket retailers (3.40), and labor supply shor
Dickey’s Barbecue to Expand Partnership with Sam’s Club
Dickey’s Barbecue Pit is thrilled to continue growing their retail presence with Sam’s Club.
Starting in April 2024, the Texas-style barbecue brand is expanding their partnership into an additional 30+ Sam’s Club stores throughout Montana, Louisiana, New Mexico, Central and South Texas Regions. Sam’s Club shoppers can purchase Dickey’s world famous, original polish smoked sausage ropes in the popular 36oz Club Pack and show off their backyard pit master skills from the comfort of their own homes.
“We are pleased to now be offering the Dickey’s...
Kroger Kicks Off a Latin Flavor Take Over Four-Week Event
The Kroger Co. today announced it is kicking-off Cinco de Mayo with a four-week Latin flavors event. Customers are invited to experience savory Latin cuisine and explore the vibrant world of Latin flavors waiting for them at Kroger.
"This event is a celebration of a culture and flavors that inspires togetherness and a passion for food," said Dan De La Rosa, Kroger's group vice president of Fresh Merchandising. "We hope to curate an experience that promises to spark a new culinary adventure...
The Retail Rundown: Competitive Prices Drive Traffic; CPI Update
The coming weeks and months present favorable weather conditions for grilling and travel, considered supportive of protein sales from both a retail and foodservice standpoint. And with a few notable items displaying comparatively attractive prices, the retail sector is well positioned to capitalize on pent-up grilling demand.
Below, we’ll explore a few notable items featured near or below year-ago levels last week, when some households celebrated Easter.
First up is beef ribeye, which averaged $10.79 discounted, down $2.24, or 17.2% from a year ago. Beef...
Albertsons Companies Unveils Simplified “for U” Loyalty Program Enhancing Member Experience
Albertsons Companies (NYSE: ACI) continues to transform its customer shopping experience and deepen customer relationships announcing today a new, simplified loyalty program providing more value and ease than ever for the retailer’s 38 million* loyalty members. Available now, the award-winning for U™ loyalty program is better than ever with a single points-based system, double the time to earn points and a new automatic cash off option for more convenient savings, among other benefits. The program retains all the benefits customers love with exciting enhancements to celebrate their loyalty and create customers for life.
The for U loyalty program is free and available to all customers who shop at Albertsons Cos. stores including Safeway, Albertsons, Shaw’s, ACME, Jewel-Osco, Randalls and Vons
The Retail Rundown: The April Outlook
The first inklings of planting season have made an appearance and with it comes the prospect of prolonged warmer weather. April typically launches a period of improved foodservice and retail demand as the shift in seasons encourages consumers to venture outdoors and fire up the grill. Moreover, spring break is underway, giving a boost to foodservice interest.
With spring in full swing, feature volume will begin to shift from roasts, popular with cooler weather cooking, to grilling cuts. Currently, the pork category overtakes seafood for a second consecutive week with the most feature volume...
Mintec's 2024 US Easter Index
Mintec’s US Easter Index measures price fluctuations across key food commodities that are typically consumed in the US during the Easter period. The US Easter Index compares the commodities’ prices in March 2024 against March 2023 to determine whether consumers will be hypothetically better or worse off this Easter. The Index is comprised of three sub-indices: the US Easter Protein Index represents a selection of meats, fish and eggs that will typically be eaten as part of a main Easter dinner; the US Easter Chocolate Index compares the main...
The Retail Rundown: Easter Features Breakdown
A March Easter is approaching—an occurrence not seen since 2016. Circulars are flush with holiday and springtime themes as grocers take full advantage of the upcoming weekend.
Pork feature volume rose through the ranks and earned the top spot of protein feature volume this week with 29% of ad space. Seafood eased to 25%, down from 32% last week. Lent ends tomorrow at sundown, meaning observers can soon indulge in meat on Fridays again.
Beef has 20% of retail activity while chicken features comprise 11% of protein ad volume. Turkey features more...
Two of America's Favorite Flavors Join Forces with the Limited-Time Offering
Bacon and ranch both continue to be beloved food items of consumers everywhere, with both ingredients easily applied to a variety of different dishes. Whether it's a burger or sandwich, pizza or soup, ranch and bacon both tend to enhance the meals and snacks they're added to.
That is why the makers of the HORMEL® BLACK LABEL® brand are so excited, as they have combined these two tasty flavors within a single bite in their latest limited-time flavor offering, HORMEL® BLACK...
Flashfood and The Save Mart Companies Partner to Make Groceries More Affordable on the West Coast
Flashfood, the app for grocery’s best deals, today announced a partnership with The Save Mart Companies, a California-based grocer operating 194 stores under the banners of Save Mart, Lucky, and FoodMaxx in California and Western Nevada. Flashfood’s free app connects shoppers with fresh produce, meat and other high-quality groceries at up to 50% off, diverting food waste from landfills and offering great deals on groceries at the same time.
The Flashfood app is now available at 44 Lucky stores in the greater...
The Retail Rundown: 2024 Annual Power of Meat Study Recap
The 2024 Power of Meat Study was revealed at the Annual Meat Conference in Nashville, Tennessee this week. Anne-Marie Roerink, Principal at 210 Analytics, presented the findings and identified the trends currently shaping the retail meat sector.
This year’s report found that the number of Americans who describe themselves as meat eaters (80%) and the number of households that purchase meat (98%) were unchanged from 2023. Circana data indicates that overall household penetration across all incomes, ethnicities, household sizes, and ages, averages above 97%...
Kroger Delivers Convenience and Fresh for Springtime Travelers
The Kroger Co. is sharing quick and easy spring break travel prep ideas, delivering fresh products, friendly service and affordable prices directly to customers' destinations.
"Whether you're planning a road trip to visit family and friends, gearing up for relaxation on the beach or seeking thrills at your favorite theme park, we look forward to connecting more customers to Kroger Delivery," said Rebekah Manis, Senior Director, Kroger Delivery Fulfillment Centers. "Our service enables us to meet our customers' needs during special moments like family vacations, providing exceptional friendly service from...
DoorDash Expands Food Access for SNAP Customers With New Grocery Partners
Every day, millions of consumers look for affordable ways to set the table with their favorite dishes. Today, DoorDash (NASDAQ: DASH), the local commerce platform, is proud to expand its SNAP/EBT payment offering with additional grocers to make fresh food accessible to more people. Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash. Consumers can order SNAP-eligible groceries using their SNAP benefits through our platform from over...
Market Force Study Reveals America's Top Grocers, and What Feeds Consumers Choice of Where to Shop
Market Force's newest syndicated research covering grocery retailers suggests that consumers are still focused on pricing and promotions, but that slowing inflation has allowed them to also choose grocers based on convenience, cleanliness, and variety of merchandise available. H-E-B, Fry's, King Soopers, Brookshire Grocery and Food Lion rank at the top of consumer preference, receiving the highest proportion of consumer spending across 40+ grocery brands named in the study. Interestingly, "loyalty" to a grocery brand, doesn't necessarily translate to higher...
February CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending in February
Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access February’s retail data.
Total retail sales, excluding automobiles and gasoline, were up 1.06% seasonally adjusted month over month and up 6.3% unadjusted year over year in February, according to the Retail Monitor. That compared with a decrease of 0.16% month over month and an increase of 2.34% year over year in January...
One-Hop Shopping! BJ’s Wholesale Club Delivers Fresh Savings for Easter Celebrations
BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs, is bringing egg-citing savings this year on Easter essentials, including fresh food, spring décor, apparel, paper goods and basket stuffers.
Members will find unbeatable value on Easter essentials both in-club and online at BJs.com. Plus, members can earn additional savings when they stock up on practically anything between March 12 and March 31. When BJ’s members spend $150* in one transaction between those dates, either in-club or online, they will receive a...
America's Low-Price Leader ALDI Expands Footprint Nationwide with 800 New Stores by the End of 2028
ALDI, one of the fastest-growing grocers in the U.S., today announced plans to add 800 stores nationwide by the end of 2028 through a combination of new openings and store conversions. This five-year expansion plan will bring even more communities great products at the lowest possible prices during a time when consumers are more focused than ever on saving money. As a key part of its plans, ALDI also announced the successful completion of its acquisition of Southeastern Grocers and its...
The Retail Rundown: Hopping Towards the Holiday
Seafood maintains its lion’s share of total feature volume with 37% this week, up from 28.6% the week prior. At present, 42% of seafood features stem from the fresh/frozen fillet category as retailers look to capture sales from Lent observers.
Tilapia and salmon have the greatest percentages of feature volume within the fillet category. With prices comparable to or below year-ago levels, retailers were keen to give the two species a larger chunk of circular real estate.
Fresh salmon, the top seller within the finfish category last week, retailed at...
Whole Foods Market to Open Smaller Format Stores as Part of Ongoing Expansion
Whole Foods Market announced today that it is introducing a new, quick-shop store format designed to provide customers in urban neighborhoods a quick, convenient shopping experience with easier access to the fresh, high-quality offerings they expect from Whole Foods Market. The new format, called Whole Foods Market Daily Shop, will initially launch on the Upper East Side in Manhattan with additional locations in New York City to follow. The first store, located at 1175 Third Avenue, is expected to open this year...
New Research Identifies Opportunities for Aligning on Consumer Eating Occasions
Insights revealed today from FMI – The Food Industry Association, Oliver Wyman and Circana demonstrate new opportunities for food industry trading partners to cater to shoppers’ expanding definitions of value. The research, Finding Growth for Food & Beverage at Retail: Winning Eating Occasions throughout the Day, supports go-to-market strategies and ways in which grocers can attract more shopper relevance regarding needs, experiences, tastes, rewards, health – and especially convenience.
Mark Baum, senior vice president of industry relations and chief collaboration officer, FMI said, “The research showcases how food and...
Publix Reports Fourth Quarter and Annual Results for 2023
Publix’s sales for the three months ended Dec. 30, 2023, a 13-week quarter, were $14.7 billion, a 4% decrease from $15.3 billion in 2022, a 14‑week quarter. Excluding the additional week in the fourth quarter of 2022, sales for the fourth quarter of 2023 would have increased 2.8%. Comparable store sales for the three months ended Dec. 30, 2023 increased 0.4%.
Net earnings for the three months ended Dec. 30, 2023 were $1.2 billion, compared to $1.3 billion in 2022, a decrease of 7.8%...
JSI Store Fixtures Launches New Line of Environmentally Friendly Refrigerated Displays
JSI Store Fixtures, an LSI Industries Inc. company (Nasdaq: LYTS), shipped its first order of refrigerated retail displays featuring environmentally friendly R290 refrigerant this month. JSI’s standalone refrigeration systems are a mainstay in the U.S. grocery market. The new R290 is a propane-based system that provides customers with an alternative product that is a non-toxic, zero ozone-depleting refrigerant with a Global Warming Potential (GWP) of 3, compared to common HFC Refrigerant having a GWP rating greater than 1,400.
“Interest in this product is very high...
Kroger Responds After FTC Decision to Block Albertsons Merger
On Monday news broke that the Federal trade Commission (FTC) would be challenging Kroger’s acquisition of Albertsons. The FTC said that the potential merger would “eliminate competition and raise grocery prices for millions of Americans, while harming tens of thousands of workers.” Now, Kroger has responded.
“Kroger’s business model is to take costs out of the business and invest in lowering prices for customers,” the company stated. “Kroger has reduced prices every year since 2003, resulting in $5 billion invested to lower prices and a 5% reduction in gross...
UK's M&S to Raise Store Workers' Pay By 10.1%
British clothing and food retailer Marks & Spencer said on Tuesday it would give around 40,000 store workers a 10.1% pay increase from April 1, a move that reflects the rise in the government-mandated minimum wage.
M&S said customer assistants will see their pay rise from 10.90 pounds ($13.83) an hour to 12 pounds an hour - ahead of the government's national living wage, which will increase by 9.8% to 11.44 pounds an hour, taking effect from April.
The pay rise will be noted by the Bank of England...
US Foods CHEF’STORE Continues Steady Growth With Five New Store Openings Planned in 2024
US Foods Holding Corp. (NYSE: USFD) – one of America’s leading foodservice distributors – announced today its plan to open five new CHEF’STORE® locations in 2024. The new stores will be in Beaverton, Ore.; Hampton, Va.; Hickory, N.C.; Sandy Springs, Ga.; and Virginia Beach, Va. The new locations are expected to open in the second half of 2024. CHEF’STORE offers a one-stop-shop for restaurant operators, food industry professionals, community groups and at-home chefs to quickly stock up or replenish ingredients and...
Podcast: Agri-Food for Thought on Valentine's Day and "Hot" Cocoa Prices in 2024
Jamie and Simon gear up for Valentine's Day with insights on consumer spending and the price tag on the food products they love. Featuring special guest, Andrew Moriarty! Listen Now.
Albertsons Companies Voluntarily Recalls Five ReadyMeals and Store-Made Taco Kits
Albertsons Companies has voluntarily recalled five ReadyMeals and store-made taco kits supplied by Fresh Creative Foods due to possible Listeria monocytogenes contamination. The select meals and kits contain a recalled cheese ingredient supplied by Rizo-López Foods, Inc., of Modesto, California.
The FDA and CDC, in collaboration with state and local partners, are investigating illnesses in a multi-year, multistate outbreak of Listeria monocytogenes infections linked to queso fresco and cotija cheeses manufactured by Rizo-López Foods. Rizo-López Foods’ recall announcement can be found here.
Publix Vice President to Retire; New Vice President Announced
After 45 years of dedicated service, Publix Vice President of Customer Experience Bob Bechtel announced his decision to retire March 31.
“Bob has spent his career focusing on customer service,” said Publix CEO Kevin Murphy. “Through his leadership and efforts, he has helped our associates provide a premier shopping environment that has exceeded our customers’ expectations and helped create raving fans at Publix. We thank Bob for his many years of service to Publix and wish him the best in his retirement.”...
The Retail Rundown: Super Sunday Promotions
The Super Bowl ranks as the second biggest eating occasion of the year, behind Thanksgiving. To prepare for this weekend's celebrations, circulars are brimming with promotions on items like finger foods, party trays, and beverages ahead of the showdown between Kansas City and San Francisco.
The National Chicken Council (NCC) projects chicken wing consumption for Super Bowl LVIII at 1.45 billion wings, unchanged from last year's record level. Americans are more likely to prefer eating bone-in wings (53%) than boneless wings, based on the NCC’s survey findings.
Urner Barry's jumbo wing values...
Save A Lot Partners with Swiftly to Bring World-Class Digital Capabilities to its Retailers
The partnership will help drive advertising revenue, provide customers with budget-friendly savings and boost growth opportunities for supplier partners
Swiftly, a leading provider of innovative technology tools and solutions, today announced a strategic partnership with Save A Lot, one of the country's largest discount grocery chains. This collaboration aims to expand Save A Lot's digital footprint while enhancing customer, supplier and retail media engagement. Swiftly, uniquely positioned as the best technology provider suited for Save A Lot's independent owner model, brings expertise and resources...
Instacart Expands Online SNAP Acceptance to Reach 96% of SNAP Households Nationwide
Instacart , the leading grocery technology company in North America, today announced a series of retail expansions that will allow customers to use Supplemental Nutrition Assistance Program (SNAP) benefits to shop online for groceries for same-day delivery from Food City, Gordon Food Service, Hy-Vee, Schnucks, and additional Kroger banners including Baker's, City Market, Dillons, Fred Meyer, Gerbes, Harris Teeter, King Soopers, Marianos, Metro Market, Pick n' Save, Smith's and QFC. The new retail expansions help make groceries more accessible to more SNAP families, allowing...
The Retail Rundown: Packing on the Protein
The retail space is packing on the protein as grocers promote healthy eating campaigns and hearty options like roasts during the wintry woes endured by much of the country in recent weeks.
For the second week in a row, seafood features take the top spot with 30.7% of retail buying opportunities. Pork climbed to second place with 23.7% of ad space, followed by beef with 20.4%. Chicken feature volume stands at 19% this week, up two points from the week prior. Turkey saw a slight decrease to 3.7% while eggs held...
Kroger Innovates to Make Customers' Favorite Our Brands Products Even Better
The Kroger Co. (NYSE: KR) today shared it is reformulating beloved deli and bakery items making customer favorites even better, including products such as Home Chef fried chicken and Private Selection cinnamon rolls and crumb cake.
"From flavor profile to freshness and packaging, we have studied some of our most beloved Our Brands deli and bakery products to make these customer favorites even more fresh and delicious," said Dan De La Rosa, Kroger' group vice president of Fresh Merchandising. "Our Brands fresh and prepared products have long been basket...
Kroger CIO Discusses Digital Innovation Trends for Grocery Retail in 2024
The Kroger Co. (NYSE: KR) today shared Chief Information Officer (CIO) and Senior Vice President (SVP) Yael Cosset joined Sucharita Kodali, Vice President at Forrester Research, this week at the National Retail Federation's (NRF) Big Show for a conversation on Kroger's digital journey and how that transformation impacts customers and associates.
"We continue to invest in our digital transformation journey by enhancing our customer and associate experiences, recognizing that both are equally impactful to gaining loyalty and earning our customer's...
FSIS Issues Public Health Alert for Ready-To-Eat Charcuterie Products
The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) is issuing a public health alert out of an abundance of caution due to concerns about Salmonella illnesses that may be associated with ready-to-eat (RTE) charcuterie meat products in Busseto brand Charcuterie Sampler and Fratelli Beretta brand Antipasto Gran Beretta.
The Fratelli Beretta brand Antipasto Gran Beretta was sold at Costco in a 24-oz. twin-pack (two 12-oz. trays). The Busseto brand Charcuterie Sampler was sold at Sam's Club in an 18-oz...
Wakefern Food Corp. Names Chief Sales Officer
Wakefern Food Corp., the nation’s largest retailer-owned cooperative with member companies that own and operate supermarkets under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage and Fairway Market banners, today announced the appointment of a new chief sales officer to the leadership team.
Darren Caudill, who joins the cooperative this week, brings over four decades of experience working in both grocery wholesale and retail. As Wakefern’s new chief sales officer, he will head up center store, own brands, fresh and prepared foods departments along with digital and innovation...
The Fresh Market Helps Guests Create a Valentine’s Day to Remember
The Fresh Market is helping its guests pull out all the stops—from velvety roses to delectable desserts and fully prepped meals—as they plan a memorable Valentine’s Day this year.
Whether guests are looking for a romantic gift for their partner or planning a thoughtful gesture for a friend, The Fresh Market is their one-stop-shop for everything they need for the holiday, with plenty of gift ideas – including heart-shaped chocolates to fine wines and flowers that impress. The specialty fresh food retailer has extensive and...
A Winning Quarter Back: ALDI Offers 25% Off Game Day Must-Haves
Shoppers can score big at ALDI ahead of their 2024 Big Game parties. Starting Jan. 31, ALDI will give fans a quarter back in the form of 25% off the most popular game day foods, from dips and pizza to meatballs and other iconic apps. Because overpaying for your favorite game day eats is a fumble (let's leave those on the field, shall we?).
"Just like a quarterback leads their team, ALDI is championing shoppers by reducing our already low prices on the most popular Big Game foods...
Albertsons Companies Launches New Signature SELECT® Mix + Match Meal Solution
Albertsons Companies, Inc. (NYSE: ACI) today announced the launch of its newest Own Brand innovation, the Signature SELECT Mix + Match meal solution. Designed to save customers time both in the store and in the kitchen, this new line of frozen entrees, sides and veggies cook together in one standard oven at 375 degrees for about 35 minutes. Available now at 1,900 Albertsons Cos. stores including Albertsons, Safeway, Vons, Jewel-Osco, ACME and Shaw’s, this customizable meal solution feeds a family of four at a great value...
Egglife Foods Launches New egglife® Variety Pack At Sam's Club Nationwide
Egglife Foods, Inc, a Chicago-based innovator harnessing the power of eggs to disrupt the food industry with simple, delicious, and nutritious egglife® egg white wraps, is launching a new dual flavor egglife variety pack available only at Sam's Club. With two packs of egglife original wraps and one pack of egglife sweet cinnamon wraps, the new 18ct variety pack will make it easy to prepare healthier meals the whole family can enjoy, from sweet breakfast bites, to lunch on the go, to savory, satisfying lasagna...
H-E-B Holds Top Spot in dunnhumby's Annual Grocery Rankings
Dunnhumby, the global leader in customer data science, today announced that H-E-B has been named the top U.S. Grocery Retailer in the seventh annual dunnhumby Retailer Preference Index (RPI), a comprehensive, nationwide study that examines the approximately $1 trillion U.S. grocery market, released today. H-E-B is the first grocery retailer to be recognized three times as number one in the RPI ranking surpassing Amazon and Trader Joe’s who both ranked as top grocer twice. Amazon (2) and Costco...
Americas Food and Grocery Sector Projected Growth and Competitive Landscape Through to 2027
The "Americas Food and Grocery Sector Overview, Market Size, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
Recently published data provides an extensive analysis of the Food and Grocery retail sector across the Americas, with robust growth forecasts and market shares of leading retailers.
A comprehensive databook offering groundbreaking insights into the Food and Grocery sector within the Americas has been added to our vast repository of industry research. This resource is poised to be invaluable for stakeholders looking to navigate the...
The Retail Rundown: Consumer Sentiment Rises at Year's End
Consumer sentiment spiked at the tail end of 2023, boosted by improved viewpoints of inflation in the new year. According to the University of Michigan’s (U-M) Survey of Consumers, consumer sentiment climbed by 14% in December, reversing the declines from the previous four months.
All age, income, education, geographic, and political identification groups saw gains in sentiment in December, said U-M. The index is just shy of the midpoint between the pre-pandemic reading and the historic low hit in June 2022, added U-M.
The University of Michigan's...
Mintec Releases "Christmas Dinner Index 2023" Report
Mintec's Christmas Dinner Index, which measures price fluctuations across key food commodities that make up a traditional Christmas dinner (main meal and dessert), increased by 2.7% year-on-year (y-o-y) in November 2023.
Mintec enables the world's largest food and manufacturing brands to implement more efficient and sustainable procurement strategies. We do this through our cutting-edge SaaS platform, Mintec Analytics, which delivers market prices and analysis for thousands of commodities, food ingredients and associated materials. Our data and tools empower our customers to understand prices better, analyze their spend...
Holiday Food Prices Projected Up 7% from Last Year, 18% from Two Years Ago
National supermarket data confirms slower food price inflation with consumers seeing smaller price increases when shopping for 2023 Christmas meals. According to a data analysis and forecast prepared by Category Partners, the price of purchasing Christmas dinner at a supermarket will be approximately 7% higher than in 2022. The forecast was derived using supermarket sales data provided by NielsenIQ collected from more than 35,000 food stores in the United States.
The data analysis shows that a basic Christmas dinner in 2023 purchased from a supermarket...
The Retail Rundown: Ham Features Increase for the Holidays
The countdown to Christmas is rapidly winding down and shoppers are busy stocking up on last-minute gifts and food for visiting family and holiday gatherings.
For the second week in a row, pork features claim the top spot among protein ads this week with 28.4%. Seafood follows with 25.7% of total protein ad volume, while beef comes in third at 20.5%. Chicken retail buying opportunities declined to 8%, compared to 13.8% the previous week. Turkey features advanced to 9.7%, up about four points from last week...
Wow Bao Caps off Record 2023 with Giant Eagle Partnership
In a year marked by significant expansion of its CPG portfolio, the Asian fast-casual restaurant brand landed in more than 5,000 grocery stores across the United States
Following a series of partnerships with grocery store brands across the country, Wow Bao, the leading Asian fast-causal restaurant brand in North America and largest dumpling house in the U.S., announced further expansion of its CPG line with the addition of Giant Eagle to its grocery partners. The Pittsburgh-based grocery chain will carry two flavors of Wow Bao’s signature...
Albertsons Companies Appoints Sarah Mensah and Lisa Gray to Board of Directors
Albertsons Companies, Inc. (NYSE: ACI) announced today that Sarah Mensah and Lisa Gray have been appointed to the Company’s Board of Directors (the “Board”). The Company’s board has now expanded to 11 members.
“Sarah and Lisa are accomplished leaders in their respective industries, and I am delighted to officially welcome them to the Albertsons Cos. Board of Directors,” said Vivek Sankaran, CEO of Albertsons Cos. “Sarah’s reputation for elevating brand value by thoughtfully challenging the status quo and championing innovation, along with Lisa’s proven track record in corporate...
Mintec Releases "Thanksgiving Dinner Index 2023" Report; Read It Here
Mintec enables the world's largest food and manufacturing brands to implement more efficient and sustainable procurement strategies. We do this through our cutting-edge SaaS platform, Mintec Analytics, which delivers market prices and analysis for thousands of commodities, food ingredients and associated materials. Our data and tools empower our customers to understand prices better, analyze their spend and negotiate with confidence.
Mintec’s latest report, “Thanksgiving Dinner Index 2023,” is a look at the components that make up the traditional holiday dinner...
Walmart Celebrates Re-Grand Opening of 117 Remodeled Stores Across
More Than Half a Billion Dollars in Investments Upgrading Stores
This Friday, Nov. 3, Walmart will celebrate the “Second Best Day” for 117 stores nationwide, the largest single-day rollout of re-grand openings in company history. The re-grand opening projects represent more than half a billion dollars in capital investments in local communities across 30 states. Associates and customers will be welcomed into the improved Supercenters and Neighborhood Markets with ceremonies, ribbon cuttings and family-friendly activities to commemorate the occasion...
FEATURED STORIES
Urner Barry Presents Historic Awards to Industry Professionals at Executive Conference
ANALYSIS: Industry Egg Prices Stabilized in the EU
ANALYSIS: "Falling Feathers"- A Retreat in February's Chicken Export Volume...
ANALYSIS: Will Peeled Knuckles Hold Their Ground? Lean Beef Shortage Tests Seasonal Trends
ANALYSIS: Australia's March Beef/Veal Exports Reach Highest Levels Since 2014, US Takes Top Spot