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UB Executive Conference: Deli is Driving Force Behind Grocery Perimeter Growth For Good Reasons
Sarah Schmansky is Vice President of Nielsen’s Fresh and H&W Growth and Strategy Teams, and a much-anticipated presenter at this year’s Executive Conference. The focus of her presentation was centered around the evolution of retail foodservice, with deli being a major component of that.
Nielsen data shows that in-store growth is coming from the perimeter of the store. Schmansky says “Deli is driving that growth.” And for good reason. Consumers are increasingly valuing their time and their health and wellness, and the deli foodservice component often checks both of those boxes.
Additionally, healthy growth is seen at the meat case and elsewhere in the perimeter. Deli is main driver of total fresh department growth. Deli foodservice, specifically, holds the dominant share...
Chilled & Deli Foods Market Size Worth USD 267.70 Billion By 2025
The global chilled & deli foods market size is likely to reach USD 267.70 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.2% during the forecast period. Chilled & deli foods are witnessing increasing demand in the food & beverages industry, mainly owing to growing acceptance among consumers. The popularity of these products is largely associated with their ease of preparation, storage, and availability in retail outlets, which is expected to influence the global consumption patterns over the forecast years.
Pre-packaged products are likely to be the largest product segment for the chilled & deli foods market throughout the forecast horizon. Chilled & deli foods are among promising segments in the food & beverage sector with its increasing acceptance among consumers since the available product range caters to a wide range of requirements such as Kosher and organic. Moreover...
Lipari Foods Finalizes Acquisition of PA-Based Heagy Foods, Expanding Distribution Area
On Friday, November 2, Lipari Foods, a leading Midwest food distributor based in Warren, Mich., closed on the acquisition of the specialty deli company, Heagy Foods, including the Guernsey’s Gift brand. Heagy Foods is headquartered in Lancaster, Pennsylvania. The opportunity increases Lipari’s eastern Pennsylvania distribution area along with expanding their portfolio of specialty deli product offerings.
Thom Lipari, President and CEO of Lipari Foods says: “We are excited to team up with a solid, service driven company like Heagy Foods. Adding a variety of their specialty deli products to Lipari’s portfolio along with ability to expand the Lipari distribution footprint will surely bring added value to both Lipari’s existing customers as well as customers that are currently serviced by Heagy Foods.”
Lipari’s strategic position continues to be one of the premier “perimeter of the store and...
This Week in Retail: Outlook for August
The dog days of summer are upon us. The month of August at retail brings a unique set of circumstances that affect the way grocers market and manage the meat case. This week in retail, we examine the underlying factors that impact the retail meat landscape this month.
Currently, wholesale beef prices are nearly steady with a year ago, though had trended at a notable discount to 2017 levels from May to about mid-July. Seasonally, the wholesale Choice beef cutout has fallen an average of 4 percent during the month of August when we look at the 3-year average. The seasonal downtrend typically starts in June and declines into September. This is a result of high production levels that occur during the summer months. In fact, the month of August has been the top beef production month of the year for the past two consecutive years. Monthly cattle slaughter figures in August 2017 hit an impressive 5-year high.
With ample product coming onto market, retailers have every opportunity to feature beef at attractive price points. Looking at the 3-year average of the retail beef feature index, prices have slid an average...
Applegate® Reveals Deli Ingredient Removal and Packaging Updates
Brand removes controversial ingredient carrageenan despite USDA’s decision to allow in organic products
Applegate, the nation’s leading natural and organic meat brand, is progressing its mission – Changing The Meat We Eat® – by bucking the status quo and improving its line of deli meat products. The brand decided to move forward with removing the controversial ingredient carrageenan in its poultry deli meat varieties, despite a recent United States Department of Agriculture (USDA) reversal on banning the seaweed extract from organic foods and beverages.
In addition to the carrageenan removal, Applegate is enhancing its deli ham varieties, and revealing a new packaging design that will boast a new look and provide an easier experience for consumers in-store and at-home. These deli changes will be transitioning at grocery store shelves now, until the end of the year.
“We’re proud to be a brand that not only listens to consumer feedback, but a brand that takes action on that feedback...
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