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Walmart's Innovative Approach to Convenience Around the World
Shopping lists are increasingly including a new item: convenience.
The grocery industry is a great example. American shoppers average about 60 minutes spent shopping for food each week. To cut this time down, more and more of Walmart’s U.S. customers find themselves taking advantage of online shopping options like pickup and delivery.
But the U.S. isn’t the only place customers want convenience. Walmart Canada’s recent announcement to expand grocery delivery with Instacart demonstrates how quickly customers are responding to time-saving innovations in...
AmazonFresh Expands to Houston, Minneapolis and Phoenix With 1- and 2-Hour Delivery
Amazon today announced that AmazonFresh has expanded to three new cities: Houston, Minneapolis and Phoenix. Beginning today, Prime members in those cities can shop tens of thousands products from meat and seafood to fresh produce and everyday essentials for free two-hour delivery from AmazonFresh.
“We’re thrilled to introduce AmazonFresh to Prime members in Houston, Minneapolis and Phoenix,” said Stephenie Landry, Vice President of AmazonFresh and Prime Now. “Prime members tell us they want their stuff even faster. We’re happy to deliver on that ask and can’t wait for customers in Houston, Minneapolis and Phoenix to take advantage of...
BJ’s Wholesale Club Announces Second Quarter Fiscal 2019 Results
BJ’s Wholesale Club Holdings, Inc., today announced its financial results for the thirteen and twenty-six weeks ended August 3, 2019.
“Second quarter results for sales and earnings were in line with our expectations,” said Christopher J. Baldwin, Chairman and Chief Executive Officer, BJ’s Wholesale Club. "We delivered improved margins and continued to grow earnings as we executed against our strategic priorities. Our sales were particularly strong in the second half of the quarter as weather improved, and we ended with strong momentum. We are confident that we will deliver on our full-year expectations as we continue to...
Target Introduces Food and Beverage Brand
Target Corporation today announced the introduction of Good & Gather, Target’s largest owned Food & Beverage brand. Grounded in guest research, the flagship brand will offer a wide range of food and beverage products that prioritize taste, quality ingredients and ease, at a great value. Good & Gather will be available in stores and online on Target.com for same-day delivery beginning September 15, 2019.
“Our guests are incredibly busy and want great-tasting food they can feel good about feeding their families,” says Stephanie Lundquist, executive vice president and president, Food & Beverage, Target. “We saw this as a huge opportunity for Target to help. So our team got to work on our most ambitious food undertaking yet, reimagining our owned food brands to serve up...
HelloFresh Adds Beyond Meat to Menu Line-Up
HelloFresh, the leader in delivering delicious ingredients and easy-to-follow recipes to households worldwide, today announced the introduction of the Beyond Burger from Beyond Meat, a market leader in the plant-based meat category. Offered as part of HelloFresh’s premium Craft Burger collection, HelloFresh customers can now order the first recipe Goudalicious Beyond Burgers paired with Potato Wedges and Creamy Mustard Aioli, which will begin shipping to customers nationwide the week of September 14, 2019.
“We are always looking to expand our menu offerings and provide customers with exciting, new recipe choices that appeal to a variety of palates and eating preferences,” said Marcel Comtois, Vice President of Procurement, HelloFresh US. “With the addition of the Beyond Burger to our menus, we’re excited to give our home cooks the opportunity to...
This Week in Retail: Prepare for Pre-Season Protein Demand
We’re halfway through August, but protein demand doesn’t expire with the summer season. In fact, consumers may even be stepping up their purchases at the meat case as the NFL preseason is officially underway! And the regular season is just around the corner.
It’s been six long months since fans were treated to their favorite teams facing off on the gridiron. Now, everyone is getting in on the action. Retailers across the board are running promotions to capitalize on the return of football frenzied spending.
Grocers are changing up end caps from summer smore displays to game day essentials. Grilling ads are shifting from summer barbecues in the backyard to...
July Retail Sales Show Strong Gains
Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants.
“July’s strong results are consistent with a confident consumer,” NRF Chief Economist Jack Kleinhenz said. “Households are in good shape with spending and that should continue as long as the labor market remains healthy. But it’s important to remember that today’s data is looking backward at what was happening a month ago. The impact of volatile financial markets and increased trade tensions in recent weeks may put a wind of caution in consumer spending as...
SpartanNash Announces Second Quarter 2019 Financial Results
SpartanNash Company today reported financial results for the 12-week second quarter and 28-week period ended July 13, 2019.
“Consistent with our comments in the press release issued earlier this week, the Board of Directors and I remain confident in the Company’s overall strategic direction,” said Dennis Eidson, Interim President and Chief Executive Officer. “I am excited to work with our team of talented associates as we focus our efforts on improved execution, while continuing to...
Food Lion to Expand "To-Go" Grocery Pick-Up Service at Multiple Stores
Food Lion continues to expand its “Food Lion To-Go" grocery pick up service at multiple area locations beginning August 19, 2019.
A ribbon cutting ceremony will be held at each location at 8:45 a.m. on August 19th, and to help introduce customers to this new service, Food Lion is offering shoppers their first pickup for free.
The launch of this new, convenient service enables Food Lion to continue to deliver on its promise to ensure an easy, fresh and affordable grocery shopping experience, and it allows customers to order and pick up their groceries in as little as an hour.
“We are so excited to expand this convenient service to more stores in the Food Lion footprint and enable customers to spend more time...
Walmart Releases Q2 FY20 Earnings
Total revenue was $130.4 billion, an increase of $2.3 billion, or 1.8%. Excluding currency, total revenue was $131.7 billion, an increase of $3.7 billion, or 2.9%.
Walmart U.S. comp sales increased on a two-year stacked basis by 7.3%, which is the strongest growth in more than 10 years. Segment operating income increased 4%, marking the fifth consecutive quarter of growth.
Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery.
Sam's Club comp sales increased 1.2%, and eCommerce sales grew 35%. Reduced tobacco sales negatively affected...
Food And Beverage Industry Seen As Growth Market in U.S. Retail Real Estate Sector
A healthy appetite for food and beverage businesses continues to fuel significant growth in one of the hottest areas in the U.S. retail real estate sector, according to BBG, a leading due diligence commercial real estate firm.
In U.S. cities across the country, more restaurants, bars and grocery stores are opening or expanding operations to meet growing demand for these services, as a result of an ongoing demographic shift in how and where people live, work and play.
That has led to these businesses growing their share of total retail spending, from 24.3 percent during the past decade, compared with 22.7 percent prior to the 2007-2008 recession, according to one recent industry report. F&B sales now account for nearly...
Smithfield Foods Launches Plant-Based Protein Portfolio Under Pure Farmland Brand
Smithfield Foods, Inc. today announced that it is launching a plant-based protein portfolio under the company’s Pure Farmland brand. The new line comes in a variety of breakfast patties, meatballs, burger patties, and pre-seasoned protein starters to help consumers grow their plant-based protein options for all meal occasions, including breakfast, lunch, dinner, and appetizers.
The brand-new Pure Farmland soy-based line features eight fresh, versatile, juicy, and flavorful products. Proudly crafted in the USA, all items are made with natural flavors, are gluten and dairy free, and serve as a good source of protein. Given that soy is a complete protein, it provides levels of all essential...
SpartanNash Announces Leadership Transition
SpartanNash Company (Nasdaq: SPTN) (“SpartanNash” or the “Company”) today announced that its Board of Directors has appointed the Company’s Chairman, Dennis Eidson, to the additional roles of Interim President and CEO, effective immediately. Mr. Eidson will serve in these additional roles until the next CEO is identified. Mr. Eidson served as CEO from 2008-2017, and previously served as SpartanNash’s President, Chief Operating Officer and Executive Vice President of Marketing and Merchandising during his 16-year tenure with the Company. The Board also announced that it has accepted the resignation of President and CEO, Dave Staples, who is leaving the Company and the SpartanNash Board.
“The Board remains confident in the Company’s strategic direction and its ability to generate top line growth; however, execution has fallen short of our expectations and we believe that now is the time for...
Nathan's Famous, Inc. Reports First Quarter Results
Nathan's Famous, Inc. (“Nathan’s”, the “Company”, today reported results for its first fiscal quarter ended June 30, 2019.
For the thirteen-week period ended June 30, 2019 (“first quarter fiscal 2020”):
Meal Kits and Online Grocery Shopping Revitalize Interest in Home Cooking
More than half of U.S. adults claim they really enjoy cooking (53%) and more than a third consider the kitchen to be the most important room in the home (35%), according to data in the new report Eating Trends: Cooking & Food Shopping from market research firm Packaged Facts. These percentages are up compared to a decade ago.
Packaged Facts found that most people who don't cook at home either have a lack of time to grocery shop and meal prep or they lack confidence in their cooking skills. The latter reason is especially prevalent among Gen Z adults (ages 18-24) and to a lesser extent Millennials (ages 25-39).
The meal kit industry is arguably the best example of a food industry segment that's making it easier for adults to start cooking more at home again. The products are marketed to emphasize...
Blue Apron Holdings Reports Second Quarter 2019 Results
Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results for the quarter ended June 30, 2019.
“Blue Apron’s next phase will be defined by focusing on our customers and our core business in order to return the business to growth in 2020,” said Linda Findley Kozlowski, Blue Apron Chief Executive Officer. “We’ve clearly and thoroughly demonstrated results in operational optimization and fiscal discipline throughout the organization. Now, we need to prove we can grow our customer base and revenue through both better execution and new initiatives that enable our core business to reach its full potential. Our market opportunity is large and we believe that it is growing, leading to...
This Week in Retail: Enter the Dog Days
Goodbye July—hello August. The dog days of summer are here as we enter the lazy hazy final crazy days of the season.
August is often referred to as the “Sunday of summer” and that perspective could bode well for retail sales as consumers seek to soak up the last few weeks of sunshine and outdoor activity before the school year resumes and the weather begins to transition again.
Beef is killing the retail game in recent weeks, taking the top weekly spot for protein feature volume during the entire month of July. Currently, beef ads account for 27 percent of circular real estate, beating out second placed seafood at 23 percent. Steak features make up about half...
Albertsons Companies Announces Executive Appointments
Albertsons Companies announced today that Jonathan Gardner has been named its new Group Vice President of Strategic Sourcing. In this new position, Gardner will report to Evan Rainwater, Senior Vice President, Strategic Sourcing and Manufacturing. Additionally, the company has promoted David Nelsen to Group Vice President of Manufacturing.
Gardner joins Albertsons Cos. following a successful nine yearsat Starbucks, where he began his tenure as Director of Sourcing for IT and Digital. Most recently, he served as Vice President, Global Sourcing and Supplier Relations. In this leadership role, Gardner was responsible for Beverage, Dairy, Packaging, Print Production, and Supply Development teams in Seattle. Additionally, he set strategic and cultural priorities for...
Demand Rises for Groceries Online
Today, there is hardly any field or area where technological advancements have not been made. In the retail sector, grocery shopping is expanding technologically. In the past, consumers generally grocery shopped at nearby supermarkets or convenience stores. However, with the increasing development of the internet and smartphones, online grocery shopping has gained popularity in recent years.
According to Research and Markets, grocery stores can be broadly categorized into three formats: small format, large format, and electronic/online. Online grocery shopping is a recent trend that has developed as a form of e-commerce. These stores can be in the form of brick-and-mortar supermarkets or...
Amazon Share is Declining Amid Online CPG Sales Growth
Amazon remains the leader in online consumer packaged goods (CPG), continuing to outpace the competition in share of sales and buyers. Yet, its share growth has slowed.
A downward shift in Amazon’s share of CPG sales in the U.S. sends an important message to retailers and manufacturers. Traditional and non-traditional retailers have been accelerating their responses to Amazon by adjusting their omnichannel offerings and strategies. These adjustments have helped them steal share from the global online player, but other factors are at play.
Today, the playing field online has become exponentially more crowded, and while that does bring complications, it also means that many merchants have begun to...
Walmart Begins Pilot with Autonomous Vehicle Company Gatik
To address consumer demand for convenience, Walmart is bringing the best of their grocery pickup and delivery service to communities across the United States. The company is testing new and innovative capabilities that will improve the business and shape the future of retail. Walmart has been exploring pilot options with self-driving car companies that include customer delivery as well as transporting goods between store locations. Today, Walmart has announced a new pilot with autonomous vehicle company Gatik.
In March, Arkansas passed legislation that allows self-driving vehicles to operate in the state. Through Gatik, Walmart is staying on the cutting edge of grocery pickup by testing the vehicles to move customers' orders on a two-mile route in Bentonville between stores. This will aid Walmart in learning more...
U.S. Department of Labor Releases Productivity and Costs by Industry Report
The United States Department of Labor’s Bureau of Labor Statistics released its productivity and costs by industry in 2018 report. The report highlighted changes in the productivity of employees in various industries, along with the compensation workers receive.
The report provides statistics for merchant wholesalers that sell grocery and related products, food and grocery stores, and foodservice and drinking places.
The report highlighted various statistics, including an upswing in labor productivity for foodservice in 2018, which climbed by 1.6 percent. In the same industry...
Packaged Facts: Retail Breakfast Trends Focus on Health-Related Product Claims and Positioning
Health and wellness trends have significant impact on consumer attitudes and behaviors when shopping for food and beverages, according to market research firm Packaged Facts in the report Breakfast: Retail Product Trends and Opportunities in the U.S., 2nd Edition. The dilemma is that health is a subjective term. This means there is a range of desired product attributes that consumers seek out to fit within their perspective of what's healthy.
While low calorie and low carb were at one time benchmarks for health food, attention has shifted to a greater focus on low/no sugar or low/no added sugars. Sugar is an ingredient in many packaged breakfast foods, especially cereal and breakfast pastries.
Health trends are moving away from being diet-focused in favor of adopting a healthy lifestyle. With increased knowledge of food sourcing and...
Hormel Foods Launches New Single-Serve Lunchmeat
The makers of Hormel® Natural Choice® deli meats announced today the addition of new single-serve lunchmeat options, further expanding the brand's growing portfolio of 100 percent natural deli meats, snacks and bacons made without artificial preservatives or ingredients.
Packaged with 2 ounces – or five slices – of 100 percent natural* deli meat, the new offering provides additional, convenient choices for consumers to enjoy their favorite lunch meat.
"We've received feedback from consumers that smaller households sometimes struggle to get through the entire package of lunchmeat, so we wanted to provide...
Albertsons Reports First Quarter Results
Albertsons Companies, Inc. (the "Company") today reported results for the first quarter of fiscal 2019, which ended June 15, 2019.
First Quarter of Fiscal 2019 Highlights
Kroger and Ocado Break Ground on America's Second High-Tech Customer Fulfillment Center
The Kroger Co. (NYSE: KR), America's largest grocery retailer, and Ocado (LSE: OCDO), one of the world's largest dedicated online grocery retailers, today broke ground on America's second customer fulfillment center (CFC), located in Groveland, FL – a new market for the retailer.
"Kroger is excited to enter Florida to redefine the customer experience through our industry-leading partnership with Ocado," said Rodney McMullen, Kroger's chairman and CEO. "There's a substantial demand for Kroger products and services in the state, and we're eager to offer a new and seamless experience through the customer fulfillment center, leveraging advanced robotics technology and...
Mobile Payment Trends Create Growth in Global Food E-Commerce
A country’s mobile payment usage will be an increasingly strong indicator for its food e-commerce market going forward, as consumer familiarity with making mobile payments is key for boosting online shopping, reports Packaged Facts in the recent market research study Global Food E-Commerce (published May 2019).
Research in the report reveals that:
Mobile payments are central to online-to-offline grocery experiences such as Alibaba’s Hema Fresh and JD.com’s 7Fresh in China. U.S.-based Kroger and Walmart also offer...
Giant Eagle and Grabango Announce Checkout-Free Technology Partnership
Today, Giant Eagle, Inc., one of the nation’s leading food, fuel and pharmacy retailers, and Grabango, the leading checkout-free technology provider for existing brick-and-mortar stores, announced a partnership designed to create a no-wait checkout experience.
By partnering with Grabango, Giant Eagle strengthens its commitment to continually invest in the latest forward-thinking technologies to enhance the shopping experience for customers. Grabango’s enterprise class platform is designed to operate across Giant Eagle’s multi-format footprint with checkout-free technologies providing the flexibility that Giant Eagle greatly values.
According to a recent study conducted by Forrester Research, waiting in the checkout line is the top complaint among U.S. grocery shoppers. Giant Eagle and Grabango hope to...
Alexa, How Was Prime Day? Prime Day 2019 Surpassed Black Friday and Cyber Monday Combined
This year, Prime Day was once again the largest shopping event in Amazon history with more than one million deals exclusively for Prime members. Over the two days of Prime Day, on July 15 and 16, sales surpassed the previous Black Friday and Cyber Monday combined. Prime members purchased more than 175 million items throughout the event. Prime Day was also the biggest event ever for Amazon devices, when comparing two-day periods – top-selling deals worldwide were...
Blue Apron Introduces Beyond Meat on Menus Beginning in August
Beginning this summer, home cooks across the country can explore cooking seasonal recipes from Blue Apron (NYSE: APRN) that feature plant-based proteins from Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat. Blue Apron x Beyond Meat recipes will be included on Blue Apron’s Signature Two-Serving Plan starting in August with flavorful summer burgers specially crafted by the Blue Apron Culinary Team that feature the popular Beyond Burger™. Consumers can begin placing orders for the new August recipes now through Blue Apron’s website and mobile app.
“We know a growing number of customers are interested in plant-based proteins, whether as an alternative to meat, a desire to explore a new ingredient, or an opportunity to...
Amazon Continues to Change the Face of Retail with Prime Day
According to the NPD Group, more than half of Amazon Prime members plan to purchase products from Amazon during the Prime Day shopping event on July 15th and 16th. While retailers including Target and Walmart are following Amazon's lead with deals of their own during these dates, only 15 percent of these consumers intend to shop at both Amazon and other retailers.
When surveyed, 70 percent of Amazon Prime members reported to look for deals in advance of Prime Day, and nearly two-thirds are doing so to get an idea of what they wish to buy ahead of time. This planning includes comparing prices with other retailers, with nearly a quarter of consumers purchasing items elsewhere if a lower price is found prior to Prime Day. However, those that do not shop on Prime Day, 69 percent, claim...
The New Black Friday? Prime Day's Halo Effect Spans Beyond Gadgets (And Amazon Itself)
Remember when shopping was primarily a chore? If you’re a Millennial, you might never have thought this way, but it really wasn’t that long ago that shopping was more of a task than an experience—let alone something to look forward to.
Historically, Black Friday was the year’s sole shopping experience. Today, however, the abundance of choice, access and creative marketing give brands and retailers all the ammunition they need to inspire consumers to shop at any time they choose...
Food Lion to Unveil New Shopping Experience with Completion of $158 Million Investment in 92 Stores
Food Lion will unveil a new, easier shopping experience for customers in the greater Myrtle Beach, Florence, Columbia and Charleston, S.C., markets on Wednesday, July 17. Customers in Lumberton, N.C., also will be able to shop their newly-renovated local stores.
The company made a significant $158 million capital investment in its 92 area stores earlier this year, which included remodeling the stores, hiring 2,000 additional associates and giving back to local communities, including the donation of two mobile trucks...
Conagra Brands Launches Robust Pipeline Of New Food Innovation
Continuing its focus on bringing provocative food in contemporary forms and flavors to retail customers and consumers, innovation at Conagra Brands, Inc. (NYSE: CAG) is ramping up. The company is kicking off its fiscal year with dozens of new product launches across the four domains in which its iconic and emerging brands compete: Frozen & Refrigerated Meals, Snacks & Sweet Treats, Condiments & Enhancers, and Shelf Stable Meals & Sides.
"Conagra Brands has been reinventing frozen meals to drive growth since 2015, and our efforts are fueling the entire category," said Darren Serrao...
The Packaged Burgers Market at a CAGR of Almost 8% During the Forecast Period
Packaged burgers are sold in ready-to-eat and ready-to-cook forms by food retailers such as supermarkets, hypermarkets, convenience stores, and others. This packaged burgers market analysis considers the revenue generated from the sales of frozen burgers, chilled burgers, and fresh burgers. Our analysis also considers the sales of packaged burgers in North America, Europe, APAC, MEA, and South America.
In 2018, the frozen burgers segment had a significant market share, and this trend is expected to continue over the forecast period...
Progressive Grocer Names Four Food Lion Leaders to 2019 "Top Women in Grocery" List
Progressive Grocer magazine has named four Food Lion leaders to its prestigious 2019 Top Women in Grocery, one of the food industry’s highest honors.
Progressive Grocer’s Top Women in Grocery award recognizes grocery retail leaders who demonstrate excellence in leadership daily throughout the industry, their stores and in their communities. The awards honor leaders in various categories. The Food Lion “Senior-Level” category winners include...
The Makers of Hormel® Natural Choice® Add Global Inspired Flavors to Snacking Portfolio
The makers of Hormel® Natural Choice® deli meats announced today the addition of two new all-natural* deli meat and cheese snacks to its growing on-the-go snacking line up. The two new flavors are inspired by bold global flavors and offer consumers a delicious and convenient way to snack naturally.
The newest varieties - Mediterranean style chicken paired with bruschetta jack cheese alongside garlic and herb pita chips; and chipotle chicken paired with queso quesadilla cheese and flax seed corn chips...
Giant Food Announces Convenient New Giant Pickup Service
Giant Food, the leading greater Washington D.C. regional grocery chain, announced today the launch of Giant Pickup, which will allow customers to place their grocery orders online and pick them up at a local store without ever leaving their cars. Giant Pickup will begin rolling out on July 1st and will be available at 100 stores in Washington D.C., Maryland, Virginia and Delaware by the end of the year.
With Giant Pickup, customers now have another option to suit their busy schedules, from shopping in-store to pickup and home delivery...
Whole Foods Celebrates Prime Members with Exclusive Deals on Customer Favorites Through Prime Day
Amazon and Whole Foods Market are offering some of the deepest discounts of the year on summertime favorites in celebration of Prime Day. In addition, Prime members who spend $10 at Whole Foods Market in store or on Prime Now will receive a $10 credit to use on Amazon for Prime Day. This offer is available until July 16. Visit wholefoods.com/primeday to learn more.
“To celebrate our Prime members in an even bigger way this year we will add an additional week..."
Walmart Announces Plan to Invest $1.2 Billion to Upgrade Logistics in China
Ryan McDaniel, Senior Vice President of Walmart China Supply Chain, announced Monday that Walmart will increase its investment in its supply-chain logistics. In addition to building the first customized perishable food distribution center, the South China Fresh Food Distribution Center, the company plans to increase investment in its supply-chain logistics in China by RMB 8 billion, or about $1.2 billion, building or upgrading more than 10 logistics distribution centers over the next 10-20 years.
Walmart invested more than RMB 700 million to build the South China Fresh Food Distribution Center, which has been in operation since March 2019. It currently serves more than 100 Walmart stores in Guangdong and Guangxi, with daily distributing capacity of up to...
Packaged Facts: Retail Market for Meat Substitutes Now a Billion Dollar Industry
Major opportunities remain in meat and poultry, though not in the usual ways or for the usual players, according to U.S. Food Market Outlook 2019, a report by market research firm Packaged Facts.
Leading players have done much to innovate in meat and poultry with new and acquired products that offer premium farm-to-table experiences with authentic stories; organic ingredients; or grass-fed, free-range, and locally raised animals. Most importantly, they will continue to do so. Nevertheless, meat substitutes and alternatives have...
Aldi Chooses Parx for Hygiene and Cross Contamination Prevention in Meat and Poultry Section
PARX PLASTICS N.V. (Euronext: MLPRX) ("Parx" or the "Company") is pleased to announce Aldi in USA has been implementing shelf liners produced with the aid of the Parx Plastics technologies.
Hygiene is an important priority for supermarkets. On the one hand it is to guarantee food safety on the shop floor and on the other hand, the consumer is becoming increasingly critical. Certainly, when it comes to hygiene and safety. A clean supermarket contributes to a positive...
Affluent Food Shoppers: Money Isn’t Everything
With their laser-like focus on healthy eating, sophisticated tastes, and ample financial resources, the 42 million food shoppers with a household income of $150,000 or more exercise an outsize influence on the food industry. The sheer volume of spending on food at home by affluent households—which is in excess of $100 billion—makes them an essential consumer segment for food manufacturers, marketers, distributors, and grocers.
But it’s not money alone that sets affluent food shoppers apart. Besides spending a lot more money every year buying food to eat at home (74% more than their less affluent counterparts, according to the U.S. Government’s Consumer Expenditure Survey), the way affluent food shoppers spend money at the grocery store is...
As Grocery Wars Heat Up, A Growing Number of Consumers Enlist in Ordering Groceries Online
The leading grocery retailers have been playing a game of one-upmanship when it comes to raising the bar on online ordering convenience. From offering grocery delivery to-your-door to same-day delivery through a variety of service modes, like drive-up pick-up, grocers are making shopping easier and an increasing number of consumers are responding. The percentage of U.S. consumers, ages 18 and above, who shopped online for groceries within a 30-day period, whether for delivery or pick-up in store, increased from 17 percent in the quarter ending November 2018 to 20 percent, or about 51 million consumers, in the quarter ending February 2019, reports The NPD Group.
Of those who shop online for groceries from brick and mortar or pure-play online grocers, 16 percent order their food and beverages for delivery. The option to order online and pick-up in store, also known as...
This Week in Retail: Outlook for the Fourth
Hard to believe it, but the 4th of July is just around the corner. With at or near record production levels in U.S. protein, the industry is counting on good weather and hungry consumers to move some product at retail.
Urner Barry’s weekly retail beef feature index is down roughly 4% compared to the 3-year average—and is also the lowest in 6 years for the current week. Beef has consistently stolen the top spot for overall feature volume over competing proteins recently, with few exceptions. This week, beef claims 26% of protein ad volume and is on track to be the number one category for the week of July 4th as well.
Burgers are arguably the most popular grilling item for large Independence Day gatherings in backyards across America. The year-to-date average for 80% lean ground beef is...
Acosta Finds Grocery Delivery and Non-Traditional Grocery Channels are Gaining Popularity
With residents of the top 50 most populous cities comprising nearly 16 percent of the total U.S. population and city growth rates consistently topping those of suburban and rural areas, urban grocery shoppers are becoming an increasingly influential demographic.
Research released today in The Urban Grocery Shopper, the latest Hot Topic report from Acosta — a leading full-service sales and marketing agency in the consumer packaged goods industry — provides insights into the grocery shopping world of city dwellers, which varies significantly from that of suburbanites and those living in rural areas.
"For urban grocery shoppers, crowded stores are the norm so convenience is a major priority," said Colin Stewart, Senior Vice President, Business Intelligence at Acosta. "City dwellers are more likely than...
Research and Markets: The Plant-Based Meat Market Poised to Grow
The "Global Plant-Based Meat Market Analysis & Trends - Industry Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Plant-Based Meat Market is poised to grow strong during the forecast period 2017 to 2027.
Some of the prominent trends that the market is witnessing include creation of flavour components, alternative proteins and flexitarian diets and likemeat project serves as the base.
Based on product, the market is categorized into burger patties, meatballs, natto, sausages, strips & nuggets and other products. Depending on type, the market is segregated into...
AmazonFresh Expands to Las Vegas with 1- And 2-Hour Delivery
Amazon today announced that AmazonFresh has expanded to Las Vegas. Starting today, Prime members in Las Vegas can shop tens of thousands products from meat and seafood to fresh produce and everyday essentials for ultrafast one- and two-hour delivery from AmazonFresh.
“We’re thrilled to introduce AmazonFresh to Prime members in Las Vegas,” said Stephenie Landry, Vice President, AmazonFresh and Prime Now. “Prime members tell us they want their stuff even faster. We're happy to deliver on that ask and can’t wait for customers in Las Vegas to take advantage of one- and two-hour delivery from AmazonFresh.”
With AmazonFresh, Prime members can combine grocery and other shopping into one seamless experience that easily fits into their busy lives. Customers can choose from tens of thousands of items across produce, meat, grocery, plus Amazon.com bestsellers from Amazon devices to electronics, health and personal care, home & kitchen, toys and more...
Kroger Reports First Quarter 2019 Results
The Kroger Co. (NYSE: KR) today reported its first quarter 2019 results and provided a Restock Kroger progress update on the company's three-year transformation plan.
Comments from Chairman and CEO Rodney McMullen
"Because the retail industry is constantly transforming, we proactively launched Restock Kroger to deliver for our customers and shareholders. It all starts with our customer obsession, which is why Kroger is assembling a platform to deliver anything, anytime, anywhere.
We are building momentum in the second year of Restock Kroger, which is off to a solid start. The entire company is focused on redefining the grocery customer experience, improved upon by...
Ahold Delhaize USA Announces Leadership Changes at Stop & Shop and Giant Food
Ahold Delhaize USA today announced leadership changes at two of its U.S. brands. The changes include:
May’s Retail Sales Show Consumer Resilience and Confidence in the Economy
Retail sales rose 0.5 percent in May seasonally adjusted from April and up 3.2 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants.
“Today’s retail numbers, and upward revisions to prior months, reinforce the ongoing strength of the consumer and are consistent with a pick up in the pace of the economy in the coming months. The strong job market, recent income gains and elevated confidence translates into ongoing support for spending. Households, in the aggregate, are in solid financial condition but an escalation in trade tariffs will undoubtedly create a considerable downdraft to confidence and spending, or lead to...
Affluent Food Shoppers More Likely to Purchase Natural and Organic Products
The belief that natural and organic practices produce foods that are tastier, more nutritious, and healthier continues to germinate in the minds of key consumer demographics. The result has created a pervasive and enduring trend that spreads to virtually every corner of the food and beverage industry.
Wealthy Americans are among the most influential and active participants in the natural and organic food market, according to Affluent Food Shoppers, a new report by market research firm Packaged Facts.
Packaged Facts’ consumer survey data found that affluent food shoppers are increasingly moving in the direction of eating more organic and natural foods. They are more likely than non-affluent food shoppers to respond that they are eating more natural foods or organic certified foods compared to...
Consumer Disloyalty is the New Normal
Assume the people you consider to be the most loyal customers on the planet are, in fact, disloyal. Because 92% of the time, you’ll be right. New Nielsen findings demonstrate that just 8% of consumers consider themselves to be firmly committed loyalists.
Yet the marketing tactics and investments rarely reflect these realities. A whopping 46% of consumers tell us they are more likely to try new brands than they were five years ago; a clear signal to a trend we should expect to intensify. Yet we see few signs that adjustments have been made to marketing initiatives or innovation pipelines to match these numbers.
The implications of not dramatically rethinking campaigns that focus on winning or retaining loyal customers are meaningful. The drag effect of consumer demand for choice and...
Kroger and Ocado Break Ground on America's First High-Tech Customer Fulfillment Center
The Kroger Co. (NYSE: KR), America's largest grocery retailer, and Ocado (LSE: OCDO), one of the world's largest dedicated online grocery retailers, today broke ground on America's first customer fulfillment center (CFC).
"Kroger is incredibly excited to reach this meaningful milestone in our Restock Kroger vision to serve America through food inspiration and uplift," said Rodney McMullen, Kroger's chairman and CEO. "Our partnership with Ocado will introduce transformative ecommerce, fulfillment and logistics technology in the U.S. and bring customers fresher food faster than ever before, accelerating our ability to provide anything, anytime, anywhere...
Tyson Foods Unveils Alternative Protein Products and New Raised & Rooted Brand
As part of efforts to expand its protein offerings, Tyson Foods, Inc. (NSYE: TSN) today introduced the company’s first plant-based and blended products, along with its new Raised & Rooted® brand. The initiative makes Tyson Foods the largest U.S. meat producer to enter the growing alternative protein segment with its own products.
TheRaised & Rooted brand was created to provide great-tasting plant-based and blended foods that are rooted in how people eat today. The initial products under this new brand, which will launch with several major retail customers this year, include plant-based nuggets as well as blended burgers made with a combination of beef and plants. In addition, the company’s existing Aidells® brand has launched Aidells Whole Blends™ sausage and meatballs, made with chicken and plant-based ingredients.
Tyson Foods expects to introduce additional alternative protein products through multiple customers and sales channels. This includes...
Perdue Foods Launches Chicken Plus Products
Plant-based food may be one of the hottest trends in grocery today, but for parents trying to get their kids to eat their vegetables the struggle is still real. To help flexitarian families who are hungry for new ways to fill the vegetable void without sacrificing flavor or nutrition, Perdue is introducing first-of-its-kind nationally distributed new PERDUE® CHICKEN PLUS™ Nuggets, Tenders and Patties blended with vegetables.
Perdue’s latest innovation PERDUE® CHICKEN PLUS™ blends cauliflower, chickpeas and plant protein to create the next generation of frozen chicken nuggets, tenders and patties, and each serving is complete with one-quarter cup (half a serving of vegetables) and is made with 100 percent all-natural ingredients and no antibiotics ever white meat chicken...
Walmart is Taking Grocery Delivery One Step Further
Consumers have more options than ever before when it comes to how they receive their groceries. Customers can shop in stores, order online for free pickup, or have groceries delivered to their front doors. Now, Walmart is on track to offer Grocery Pickup from 3,100 stores and same-day Grocery Delivery from 1,600 stores by the end of the year. To make grocery shopping an even easier experience for customers, Walmart is offering the option to order fresh groceries and have them be delivered directly into their refrigerator.
Walmart InHome Delivery is a new service designed to help consumers save time and offer another convenient option for grocery shopping. Customers can place a grocery order and then select InHome Delivery and a delivery date at checkout. Then, consumers can go about their daily routine while a Walmart associate completes their grocery shopping for them, from aisle to fridge...
This Week in Retail: Looking Ahead to Father’s Day Spending
Father’s Day is coming up on Sunday, June 16th, and retailers are prepping for the second big grilling holiday of the summer.
According to the National Retail Federation, Father’s Day spending in 2019 is expected to reach an all-time high of $16 billion. That’s up from last year’s $15.3 billion. This monumental spending figure still, however, pales in comparison to spending for Mother’s Day, coming in at a whopping $25 billion.
Mother’s Day has long been known as a foodservice holiday, but Father’s Day tends to favor grilling at home with some quality steaks, burgers, chops or ribs. The NRF also reports that spending for Father’s Day has grown 70 percent over the last decade, with special outings playing a big part of that growth, accounting for a projected $3.3 billion. With 76 percent of...
United Natural Foods Inc Reports Third Quarter Fiscal 2019 Results
United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") today reported financial results for the third quarter of fiscal 2019 ended April 27, 2019.
Third Quarter Fiscal 2019 Highlights
"Our transformational journey continues, and I'm proud of what our team has accomplished this quarter," said Steven L. Spinner, Chairman and Chief Executive Officer. "I am excited about our next chapter and the acceleration of value creation we expect to...
Good Eggs Releases Results of Family Food Fix Survey
Good Eggs, the online market that delivers absurdly fresh groceries, today announced the results of its Family Food Fix Survey, which takes a pulse on the perspectives and behaviors of today's consumers when it comes to the necessary task of grocery shopping. Additionally, the findings reveal insights into meal kit usage, the reality of preparing multiple dinners every night, and what families across America want most for dinner.
"From grocery shopping to getting dinner on the table, feeding a family has become a time-consuming struggle for today's busy parents," said Jaime Nessel, Vice President of Assortment of Good Eggs. "Online grocery delivery services can provide significant time savings to families. At Good Eggs, we provide a complete, yet curated assortment of local products, absurdly fresh local produce and meat...
SpartanNash Appoints New President of Food Distribution
SpartanNash (Nasdaq: SPTN) announced today that Mr. Walt Lentz has joined the company as Executive Vice President and President, Food Distribution, effective May 31, 2019. Mr. Lentz has 32 years of logistics and supply chain experience in roles of increasing leadership responsibility, including serving from 2017 to 2019 as Acting Chief Executive Officer and Chief Supply Chain Officer of Peapod LLC, the grocery eCommerce business division of Ahold Delhaize.
As President of Food Distribution, Mr. Lentz will have full responsibility of SpartanNash’s $4 billion food distribution segment and responsibility for the total company supply chain. He will work with the SpartanNash team in developing and executing strategic plans to grow the wholesale distribution and food manufacturing businesses’ profitability. Mr. Lentz will report to SpartanNash’s President and Chief Executive Officer, David M. Staples...
Butterball Launches New Flavor In Premium Deli Portfolio
In 2018, Butterball launched its premium deli portfolio, featuring specialty and seasoned items with category-driving flavors that were selected specifically for the premium set. This year, Butterball is adding to this premium line with its new flavor option, Herb Roasted Thanksgiving Style Turkey Breast, to build on the Thanksgiving flavor Butterball is most recognized for. Joining Butterball’s signature Thanksgiving Style Roasted Turkey Breast product, the Herb Roasted Thanksgiving Style item will deliver a unique and complimentary flavor profile to any deli case. Oven roasted with a topical herb seasoning, this product allows consumers to enjoy the savory flavor combination of holiday stuffing and oven roasted turkey year-round.
Each of the following deli turkey and chicken items provide consumers with a premium eating experience and wholesome ingredients...
This Week in Retail: Wholesale vs. Retail Action
There are two sides to every story, and the retail meat situation is no different. This week in retail, we look at some of the dynamics at play in the wholesale arena for beef and pork and how retail has responded.
There seems to be a contra-seasonal trend happening in the wholesale boxed beef market, for grilling items in particular. The loin complex—where we get strip steaks, T-bones, porterhouse steaks and filets—is currently moving in a contrary direction to its historical norms, residing at multi-year lows.
When we look at the retail items derived from this market, bone-in rib steaks are featured nearly 19 percent below year ago levels, at an average $7.19 per pound. Boneless strip steaks are down a whopping 29 percent from this time last year! Porterhouse steaks are right about on par with year ago levels, while T-bones are down 20 cents per pound. Tenderloin filets are down nearly...
This Week in Retail: The Memorial Day Rundown
It’s finally here, the unofficial start to summer and the very official start to the grilling season. In the week leading up to Memorial Day weekend, the beef category claims the top spot for protein feature volume at 27 percent, followed by seafood at just under 26 percent.
Chicken managed to knock out pork for the number three spot with 22.5 percent of ad space, leaving pork with 18 percent. Cheaper grilling items like thighs and drumsticks helped boost chicken featuring volume this week. Meanwhile, the beef segment presents the ultimate showdown between ground beef and steak. In the pork complex, we see an increase in pork chop featuring, up nearly 8 percent week over week.
Taking a closer look at the beef complex, Urner Barry’s weekly retail beef index is right on par with the 3-year average at $5.85 per pound. This is down from the previous week’s index of $6.47 per pound. Ground beef features are modestly lower year over year at an average...
BJ’s Wholesale Club Holdings Inc Announces First Quarter Fiscal 2019 Results
BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) (the "Company") today announced its financial results for the thirteen weeks ended May 4, 2019.
“We are pleased with our solid start to the year,” said Christopher J. Baldwin, Chairman and Chief Executive Officer, BJ’s Wholesale Club. "We delivered merchandise comparable sales of 1.9%, improved margins and continued to grow earnings by executing against our strategic priorities. Looking forward, we continue to see momentum across our business and are encouraged by the opportunities ahead of us, as we continue to transform BJ's Wholesale Club."
“In addition, Robert Steele has been appointed to serve as BJ’s Lead Independent Director,” said Baldwin. “His extensive experience and knowledge of our industry and business will be invaluable to our company.”
SpartanNash Announces First Quarter 2019 Financial Results
SpartanNash Company (the "Company") (Nasdaq: SPTN) today reported financial results for the 16-week first quarter ended April 20, 2019.
"We are pleased with our team's efforts to grow net sales across all three business segments, particularly in light of the challenging operating environment," said David Staples, President and Chief Executive Officer. "While we are not satisfied with our bottom-line results for the quarter, our team remains committed to our fiscal 2019 objectives and long-term strategy, which we believe will support both future growth and profitability long-term."
Strategic Business Objectives
As outlined in its fourth quarter earnings release, the Company has defined its top five objectives for 2019. These objectives remain critical in the context of the Company's long-term strategic objective to evolve into a company with a national, highly efficient distribution platform servicing a diverse customer base through...
Whole Foods Market to Further Reduce Plastics Across all Stores
Whole Foods Market today announced that it will eliminate plastic straws from its stores in the U.S., the U.K. and Canada by July 2019, becoming the first national grocer to make this change. In addition, the grocer switched to smaller plastic bags in its produce department this year and is replacing hard plastic rotisserie chicken containers with new bags that use approximately 70 percent less plastic. Together, these packaging changes will reduce an estimated 800,000 pounds of plastic per year.
“For almost 40 years, caring for the environment has been central to our mission and how we operate,” said A.C. Gallo, President and Chief Merchandising Officer at Whole Foods Market. “We recognize that single-use plastics are a concern for many of our customers, Team Members and suppliers, and...
Sparboe Companies Announces the Sale of its New Hampton, Iowa Plant to Deb El Food Products
Sparboe Companies is pleased to announce the sale of its New Hampton, Iowa plant to Deb El Food Products. Deb El will continue to operate the New Hampton plant, which produces liquid, frozen and dried egg products. Sparboe’s shell egg division, Sparboe Farms, will continue to operate their shell egg facilities in Minnesota, Iowa and Colorado and is not part of the sales agreement.
Beth Schnell, Sparboe CEO says of the agreement “We would like to thank all of our employees in New Hampton for the years of dedication and hard work and wish them the best under new leadership. We are pleased to have partnered with another family owned company in this transaction and look forward to Deb El’s success in New Hampton. Proudly celebrating our 65th anniversary, Sparboe will continue to focus on...
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URNER BARRY INDICES