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DoorDash Introduces Ultra-Fast Grocery Delivery

DoorDash (NYSE:DASH) is introducing ultra-fast grocery deliveries in 10-15 minutes beginning with DashMart in New York City. With over 2,000 items, DashMart offers a wide assortment of fresh and frozen grocery staples, snacks, household goods, and local products to fulfill any last minute shopping needs – whether you forgot an ingredient for tonight's dinner, or don't have time to get more eggs and milk midweek. To start, ultra-fast deliveries will be offered from a new DashMart location in Chelsea, with more locations and partners coming over the next few months...

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Dec 7 8:09 AM, General News



Smithfield Foods' Saratoga Food Specialties to Expand, Nearly Double Presence in Southern Nevada

Smithfield Foods, Inc. today announced Saratoga Food Specialties, its customized dry seasoning blends, sauces, dressings, and glazes business, will nearly double its footprint in Southern Nevada and bring approximately 50 additional jobs to the Clark County area with support from the Nevada Governor's Office of Economic Development (GOED) and the Las Vegas Global Economic Alliance (LVGEA).

In December 2019, Saratoga announced plans to acquire and invest in a former seasonings production plant to be the company's premier sauces, dressings, and glazes facility. Building on its initial...

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Dec 3 8:52 AM, General News


Kroger Reports Third Quarter 2021 Results and Raises Full-Year Guidance

The Kroger Co. today reported its third quarter 2021 results and will update investors on how key initiatives are positioning the company for long-term sustainable growth.

Comments from Chairman and CEO Rodney McMullen

"Kroger's strategy to lead with fresh and accelerate with digital continues to connect with our customers. Our agility, and the commitment from our amazing associates, is allowing us to navigate current labor and supply chain conditions and provide the freshest food at affordable prices across our store and digital ecosystem.

"Our focus on execution, combined..."

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Dec 2 9:37 AM, General News


This Week in Retail: Jingle Bells, December Sells

December has arrived and retailers have been proactively preparing for what could be a record-breaking season for holiday spending.

The National Retail Federation predicts the highest holiday retail sales on record this year. According to the NRF’s forecast, holiday sales during November and December could grow between $843.4 billion and $859 billion. This compares with a previous high of $777.3 billion in 2020.

Rising incomes along with household wealth, a desire to return to in-person events, and a favorable weather forecast for the holiday season are among the factors contributing to a promising spending outlook...

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Dec 2 8:30 AM, UB Newswires


Maple Leaf Foods Announces National Bacon Month in December 

Maple Leaf Foods today declared December as National Bacon Month, a time to celebrate what Canadians have made clear in new polling: bacon is unquestionably one of Canada's favourite foods. The Canadian producer of top-quality natural pork bacon products released an array of sizzling new facts and statistics to mark the beginning of National Bacon Month and the leadup to National Bacon Day on December 30.

The results are in: Canadians are 'hog wild' over bacon!

Bacon's story dates back to 1500 B.C in China, where pork belly was...

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Dec 1 8:59 AM, General News


Kroger and Kipster Farms Announce Plans to Bring the First Carbon-Neutral Eggs to U.S. Customers

The Kroger Co., America's largest grocery retailer, and Kipster Farms, the award-winning egg production system founded in The Netherlands, announced today a strategic partnership to bring the world's first carbon-neutral, cage-free eggs to retail shelves in the U.S.

"Simple Truth is excited to partner with the innovative team at Kipster to further elevate our brand's purpose to be a force for good," said Brad Studer, senior director, Our Brands for Kroger. "These Simple Truth and Kipster eggs will be produced..."

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Dec 1 8:47 AM, General News


eCommerce Platform Pepper Raises $16M in Series A Funding for Food Distributors

Pepper, the eCommerce platform for food distributors, has raised $16 million in Series A funding that will enhance the ordering experience for distributors servicing over 25,000 restaurants and grocery stores in the U.S. and Canada. Index Ventures led the round with participation from Greylock, Imaginary Ventures, BoxGroup, Moving Capital, and Brett Schulman, bringing the total capital raised to date to $20M.

With the Series A secured, platform enhancements are a top priority for Pepper. “This funding enables us to accelerate product development in..."

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Dec 1 8:19 AM, General News


Discounter Market Set to Top £34 Billion as Sales Spring Back in 2022

From the lure of the middle aisle to the thrill of a bargain, Britain’s savvy shoppers are set to splash out £34.4 billion at food and non-food discounters in 2022—an annual increase of 6.6%—as the sector looks set to spring back to growth, benefiting from continued economic uncertainty.

Next year’s forecast return to growth will be much welcomed by the sector, as food and non-food discounter sales in 2021 are expected to drop to £32.3 billion, following a bumper 2020... 

 

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Nov 30 2:34 PM, General News


WhatsGood To Bring Local Food To Customers Year-Round with New Retail Store in Lincoln Park

WhatsGood, an innovative technology provider for online orders at local farmers markets, is opening the first in a series of Chicago-based Farm Shops in Lincoln Park on December 7th, 2021. WhatsGood's Farm Shop is a small footprint grocery store with an array of locally curated products that will provide Chicagoans with in-store shopping and on-demand delivery. WhatsGood's team can deliver everything you'd expect at the farmers market in about an hour.

"WhatsGood's Farm Shop draws inspiration from the intimate relationship between..."

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Nov 30 11:24 AM, General News


Walmart Announces CFO Transition Plan

Walmart Inc. announced that Executive Vice President and Chief Financial Officer Brett Biggs will begin transitioning from Walmart during this upcoming year, after 22 years with the company, to begin a new chapter of opportunities in both the for-profit and non-profit sectors.

Biggs will remain in the CFO role until a successor is named next year and then support that transition, remaining as an associate until he leaves the company on Jan. 31, 2023. As part of the transition, he will also continue representing the company as a board member on Walmart’s FinTech startup joint venture with Ribbit Capital.

 

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Nov 29 8:37 AM, General News


Hormel Foods Annual Profit Sharing Continues

Hormel Foods Corporation, a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 83rd consecutive grant.

"There are many things that make Hormel Foods uncommon, including our portfolio of global food brands and the incredible people who make them," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. "Equally uncommon is our legacy of giving back to our team members and our communities..."

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Nov 24 8:49 AM, General News


Impossible Foods Closes $500M in New Funding Amid Record Growth

California-based Impossible Foods announced today that it has secured approximately $500 million in its latest funding round, led by existing investor Mirae Asset Global Investments with participation from other existing Impossible Foods investors.

Impossible Foods is now the fastest-growing plant-based meat company in retail, outpacing the next 10 leading plant-based meat companies combined, according to custom IRI research analyzing U.S. dollar sales for the most recent 13-week period compared to one year ago. This funding round will enable its continued growth in retail...

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Nov 23 9:12 AM, General News


Hormel Foods Corporation Announces 56th Consecutive Increase to Annual Dividend

The Board of Directors of Hormel Foods Corporation, a global branded food company, today announced a 6 percent increase to the annual dividend to shareholders, marking the 56th consecutive annual dividend increase.

The annual dividend on the common stock of the corporation was raised to $1.04 per share from $0.98 per share...

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Nov 23 8:46 AM, General News


Nowadays Plant-Based Chicken Nuggets Launch Nationwide

Having gained a passionate and dedicated fan base with their initial launch in California, the plant-based meat company Nowadays is now bringing their craveable chicken nuggets nationwide for the first time. Nowadays nuggets are crispy, juicy and packed with flavor, closely mimicking real chicken, but thanks to the company's proprietary technology, are made with a simple list of only seven sustainably sourced and recognizable ingredients, including organic yellow peas. Nowadays nuggets are GMO-free, soy-free, and 100% plant-based. Nowadays also uses no binders, thickeners, or artificial ingredients in their...

 

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Nov 23 7:55 AM, General News


Natural Grocers® Scales High-Quality Product Sourcing with RangeMe

Natural Grocers® is partnering with RangeMe, the industry standard online product sourcing platform for retailers and suppliers, to streamline the search for innovative products that meet their high-quality standards for customers.

"Our new partnership with RangeMe will help immensely in streamlining Natural Grocers' vendor submission program," explained Laura Perkins, Natural Grocers Vice President of Purchasing. "The digitization of the process means that before samples are even sent we can quickly see which vendor submissions meet our high-quality standards. The efficiency this brings to our process helps..."

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Nov 22 9:19 AM, General News


Planterra Foods Reveals First-of-its-Kind Plant-Based Chicken Cutlet

Colorado-based Planterra is expanding its line of plant-based proteins to help consumers eat their best with the first True Bite™ Plant-Based Chicken Cutlet on the market from brand OZO™, as well as their new Plant-Based Chicken Shreds. What makes True Bite™ Chicken Cutlet and Shreds unlike anything else on the market is the flavor and texture, which is comparable to that of real, whole muscle chicken. These first-of-its-kind vegan and plant-based protein options will hit...

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Nov 22 7:58 AM, General News


Walmart Serves Up Savings on Thanksgiving Meal

As we approach our second holiday season since the pandemic began, concern over rising costs and short supply has stirred up a conversation centered on uncertainty about the Thanksgiving meal. But amidst it all, here’s what we’re certain of: Walmart is ready. We planned early for Thanksgiving, and we’re setting the table with savings, assortment and convenience.

Five Years of Savings on Thanksgiving Dinner
This year, customers shopping Walmart for their Thanksgiving meal can expect to save more than $14 (or nearly 28%) compared to the national average price reported by the...

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Nov 19 8:00 AM, General News


This Week in Retail: Where’s the Turkey?

The countdown to Thanksgiving is winding down with only one week to go! More families are planning holiday gatherings this year following the pared-down festivities in 2020 due to the pandemic.

Typically, Thanksgiving is one of the biggest food holidays of the year. For some shoppers, the star of the show—turkey—has been harder to find because of supply chain interruptions that are affecting the production, further processing, and transportation of America’s beloved Thanksgiving centerpiece.

The American Farm Bureau Federation recently released its annual survey of Thanksgiving dinner costs, showing the price for a 16-pound turkey this year at $23.99. That figure is up about $1.50 per pound or 24% from last year. According to AFBF, a Thanksgiving feast for ten is $53.31 or less than $6.00 per person, up 14% from last year’s average of $46.90...

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Nov 18 9:57 AM, UB Newswires


Taste Republic Introduces Ravioli featuring Plant-Based Sausage from Beyond Meat®

Taste Republic continues to push what's possible for gluten-free pastas with the introduction of "Plant-Based Sausage Ravioli," featuring plant-based Beyond Sausage® Italian Crumbles from Beyond Meat® and Wisconsin cheese.

With a focus on making gluten-free pastas that go head-to-head with traditional pasta's taste and texture, Taste Republic found the perfect plant-based protein option in Beyond Meat's delicious and nutritious Beyond Sausage.

Crafted to look, sizzle and satisfy like animal-based pork, Beyond Sausage is made with simple...

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Nov 18 8:00 AM, General News


Impossible Foods Expands in Retail with New Impossible™ Meatballs Made From Plants

Today, California-based Impossible Foods is debuting Impossible Meatballs Made From Plants, the company’s third new retail product in four months, as it continues to expand its presence on grocery store shelves.

Earlier this year, Impossible Foods launched ImpossibleTM Sausage Made From Plants and ImpossibleTM Chicken Nuggets Made From Plants in grocery stores and supermarkets nationwide. The company also dramatically expanded retail availability of its flagship product, ImpossibleTM Burger, which is now available in about 22,000 grocery retail locations.

Available at Walmart stores starting this...

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Nov 17 8:22 AM, General News


Survey Says Americans Want Chicken on their Friendsgiving Plates

Please pass the…chicken! As Americans kick-off the holiday season, many are also gearing up for Friendsgiving – a moment to appreciate our friends that matter most. And this year, friends are choosing chicken as their Friendsgiving centerpiece.

A recent survey of more than 1,000 people across America revealed 65% of people who celebrate Friendsgiving want chicken during the holidays and 77% want to create new traditions, which may include anything from who is at the table to decorations to games played. More than two thirds want...

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Nov 17 8:00 AM, General News


This Week in Retail: Gearing Up for Thanksgiving 

With Thanksgiving just two weeks away, some households are proactively stocking up on holiday staples amid ongoing interruptions in the production and transportation of many commodities.

Frozen turkeys make up 89.3 percent of turkey ads this week—up from 52.1 percent the previous week. Feature prices for frozen turkey are in a wide range from 55 cents to $1.19 per pound. 

Typically, retailers will use whole turkeys as loss leaders during the holidays in order to increase customer traffic. That may be harder for grocers to do this year due to persistent snags in the supply chain. Amplifying the logistical issues affecting global trade such as a lack of labor and port bottlenecks is historically tight levels of whole turkeys in cold storage.

USDA reported total whole frozen turkeys in cold storage at the end of September at 258.4 million pounds, the lowest level for that month since 2006. At present, nearly all weight categories for whole turkeys, whether young hens or young toms, are quoted at all-time highs. Urner Barry’s benchmark quotation for young toms, East, frozen, 18 pounds is $1.43 per pound, a record high and up 27.7% from the prior five-year average...

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Nov 11 8:06 AM, UB Newswires


Publix Announces Two Officer Promotions

Today Publix CEO Todd Jones announced two officer promotions, effective Jan. 1, 2022, to support the company’s growth.

Chris Mesa, Director of Tax and Treasury, will be promoted to Vice President and Controller. Mesa, 51, began his career in 1986 in Tampa, Florida, as a front service clerk. In 1993, he transferred to support as a clerk in the treasury department. He worked in various positions within tax and treasury before being promoted to senior tax manager in 2004, director of tax in 2015 and to his current position in 2018...

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Nov 11 8:00 AM, General News


Buitoni and Impossible Foods Launch First-of-its-Kind Ravioli in Two Flavors

Buitoni and Impossible Foods today announced the debut of the first-ever ravioli filled with Impossible Foods' award-winning plant-based meat products at retail. Available in the refrigerated pasta aisle, the Buitoni ravioli comes in two varieties – Impossible™ Beef Made From Plants and Impossible™ Italian Sausage Made From Plants – both featuring a three-cheese blend of ricotta, Grana Padano and Parmesan for a quick, delicious family-friendly dinner. The new ravioli will initially roll out in select grocery stores nationwide, including Publix, Sam's Club...

 

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Nov 11 8:00 AM, General News


Applegate Farms LLC Presents New APPLEGATE NATURALS® Spicy Breaded Chicken Tenders and Bites

Applegate Farms LLC, the nation's leading natural and organic meat brand, today announced two new additions to its APPLEGATE NATURALS® Breaded Chicken line that's sure to bring the heat: APPLEGATE NATURALS® Spicy Breaded Chicken Breast Bites and APPLEGATE NATURALS® Spicy Breaded Chicken Tenders.

"From Nashville hot chicken to hot honey, Americans are craving the heat, and we're excited to put our own spin on it through our new bites and tenders," said Nicole Glenn, Vice President of Brand Strategy & Innovation at Applegate...

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Nov 10 8:00 AM, General News


Maple Leaf Foods Reports Third Quarter 2021 Financial Results

Maple Leaf Foods Inc. today reported its financial results for the third quarter ended September 30, 2021.

"Our meat protein business delivered exceptional results in the third quarter," said Michael H. McCain, President and CEO of Maple Leaf Foods. "Our revenue grew by over 13% and our Adjusted EBITDA grew by 22%, driven by a 90 bps improvement in margin to 13.0%, the result of outstanding execution of our strategies to become the most sustainable protein company on earth. I am grateful for the tireless commitment of our teams who are..."

 

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Nov 4 8:16 AM, General News


Applegate Farms, LLC Introduces the DO GOOD DOG™ Hot Dog

Applegate Farms, LLC, the nation’s leading natural and organic meat brand, today announced the launch of the DO GOOD DOG™ hot dog, the first nationally available hot dog made with beef raised on verified regenerative U.S. grasslands. Beef for the DO GOOD DOG™ hot dog comes from SunFed Ranch® in Northern California and boasts the Savory Institute’s Land to Market Seal, the world’s first regenerative sourcing verification.

The DO GOOD DOG™ hot dog is Applegate’s latest evolution of the humble hot dog and is an 

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Nov 4 8:04 AM, General News


Predictive Grocery Delivery Service Jupiter Expands to California, Nevada, Oregon and Washington

Jupiter, the predictive grocery delivery company, today launched across California, Nevada, Oregon, and Washington after a successful pilot in the San Francisco Bay Area. The expansion increases Jupiter’s potential customer base by more than 7x, with the opportunity to reach more than 11 million households across the Western United States.

Jupiter is the next generation of grocery delivery, tackling the mounting numbers of hours spent finding recipes, meal planning, and grocery shopping. Jupiter’s goal is to streamline the process, relieve pressure on the people responsible for putting food...

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Nov 4 7:57 AM, General News


Hormel Foods Announces the Advancement of Wendy A. Watkins

Global branded food company Hormel Foods Corporation today announced the advancement of Wendy A. Watkins to the new post of senior vice president and chief communications officer for the company's worldwide operations.

"As more organizations focus on ESG initiatives, Hormel Foods is proud of the work we have done as one of world's top corporate citizens, leading with transparency, integrity and trust with our stakeholders in all that we do," Snee said. "Since joining Hormel Foods six years ago, Wendy has built a world-class communications team and elevated the global..."

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Nov 2 12:58 PM, General News


Hormel Foods Announces the Retirement of Luis Marconi; Names Jeff Frank Successor

Hormel Foods Corporation, a global branded food company, announced today that Luis Marconi will retire as group vice president, Grocery Products.

Jeff Frank, currently vice president of Grocery Products and the leader of the integration of the Planters® brand into Hormel Foods, will succeed Marconi as group vice president, Grocery Products.

The company's Grocery Products business includes many of the company's most well-known brands such as Planters®, SKIPPY®, Justin's®,Dinty Moore®, Hormel® chili, Corn Nuts®, Herdez® and...

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Nov 2 8:15 AM, General News


The Butterball Turkey Talk-Line Opens Today, Celebrating 40 Years

The Butterball Turkey-Talk Line is now officially open for the holiday season, marking 40 years as an authority on all things Thanksgiving. Since 1981, the Butterball Turkey Talk-Line experts have offered advice and tried and true tips for cooking a perfect turkey to millions of holiday hosts, initially by phone, and now including text, online chat, social media, and Alexa.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8960431-butterball-introduces-turkey-talk-line-taste-kitchen-inspire-thanksgiving-hosts/

"The Butterball Turkey Talk-Line has become a Thanksgiving institution, and we're back in our 40th year to help new..."

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Nov 2 8:00 AM, General News


Publix Reports Third Quarter 2021 Results and Stock Price

Publix’s sales for the three months ended Sept. 25, 2021 were $11.9 billion, a 7.8% increase from $11.1 billion in 2020. Comparable store sales for the three months ended Sept. 25, 2021 increased 6.3%.

Net earnings for the three months ended Sept. 25, 2021 were $856.9 million, compared to $917.6 million in 2020, a decrease of 6.6%. Earnings per share for the three months ended Sept. 25, 2021 decreased to $1.24 per share, down from $1.31 per share in 2020. Excluding the impact of net...

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Nov 2 8:00 AM, General News


Tyson Foods Continues Growth of Wright® and Jimmy Dean ® Brands with Investment in Kentucky

Tyson Foods will invest $355 million to build a state-of-the-art bacon plant in Bowling Green, Kentucky, company officials announced today. The project is part of Tyson’s commitment to meet increasing retail and foodservice demand for bacon products to deliver against its strategy of accelerating long-term growth aligned to consumer trends. The new facility is expected to create 450 jobs with production beginning in late 2023.

“We are excited to be a part of the Warren County and Kentucky..."

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Oct 29 8:52 AM, General News


This Week in Retail: Consumers Get a Head Start on Their Holiday Shopping

The final days of October are upon us and grocery circulars will soon be inundated with holiday promotions. 

Retailers will increasingly advertise Thanksgiving staples and several outlets are offering shoppers free turkeys or other holiday favorites after spending a minimum amount. BOGO promotions are also popular at this time of year as grocers make room for fresh and frozen turkeys, hams, and beyond.

This week in retail, however, deep discounts at the meat case are hard to come by. Interruptions in the supply chain continue to influence price points for nearly all commodities while altering consumer shopping behavior.

Shoppers are expected to begin their holiday shopping earlier than usual this year. Some consumers are concerned that they may not be able to buy everything on their list due to the global gridlock at ports and production slowdowns...

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Oct 29 8:00 AM, UB Newswires


IRI Releases New Grocery Trends Data Ahead of Thanksgiving Holiday

IRI®, a global leader in innovative solutions and services for consumer, retail and media companies, today announced new insights on Thanksgiving-related grocery trends. As the holiday season approaches and widespread supply chain challenges continue to impact industries across the economy, IRI has been tracking a variety of holiday-related items to gauge their availability, demand, price and promotion for Thanksgiving and Christmas. The resulting important insights will enable retailers and manufacturers to make better decisions about merchandising, promotional activity, and other variables to drive growth and profitability...

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Oct 28 9:13 AM, General News


Pilgrim’s Pride Reports Third Quarter 2021 Results with Strong Growth in Sales and Adjusted EBITDA

Pilgrim’s Pride Corporation, one of the world's largest poultry producers, reports its third quarter 2021 financial results.

Third Quarter Highlights

- Net Sales of $3.83 billion, up 24% from prior year.
- Consolidated GAAP Operating Income margin of 3.2% with GAAP Operating Income margins of 2.9% in U.S., 11.5% in Mexico and marginally positive in Europe. Adjusted U.S. Operating Income margin of 8.2%.
- GAAP Net Income of $60.8 million. Adjusted Net Income of $162.5 million or adjusted EPS of $0.67...

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Oct 28 9:05 AM, General News


Giant Food Partners with Flashfood on Pilot Program

Giant Food, the leading greater Washington, D.C. regional food retailer, today announced a collaboration with Flashfood, a digital marketplace providing customers access to heavily discounted food nearing its best-by date. Initially available at three select Giant stores in Maryland and Virginia, this pilot program continues the expansion of Flashfood's partnership with Giant's parent company, Ahold Delhaize USA and its regional store brands.

The Flashfood app enables customers to browse deals on fresh items like meat, produce boxes, dairy and bakery items, as well as center-store foods...

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Oct 28 8:00 AM, General News


Packaged Facts Analyst Comments on Home Chef Hitting the $1 Billion Mark

The U.S. food and beverage industry has been impacted heavily by COVID-19 as consumers continue to spend more time at home. In 2020, more consumers than ever before were deciding to order meal kits and other food and beverage items online to avoid grocery shopping in crowded stores, where they might be exposed to the COVID-19 virus.

Growth has continued through 2021 as consumers looked to meal kits and grocery e-commerce as a convenient alternative to conventional grocery shopping and meal planning...

 

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Oct 27 9:03 AM, General News


Kraft Heinz Reports Third Quarter 2021 Results

The Kraft Heinz Company today reported financial results for the third quarter of 2021, which reflected gains in Organic Net Sales on top of exceptionally strong growth in 2020. The Company also reported better-than-expected results, enabled by improvements in its operating model and an agile approach to managing supply and services through volatile markets.

"I am incredibly proud of our Kraft Heinz team for delivering another quarter of results that exceed our expectations, even as we face the ongoing challenges of the pandemic and, now, escalating inflation,” said Kraft Heinz CEO...

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Oct 27 8:34 AM, General News


Beyond Meat® Updates Third Quarter 2021 Outlook

Beyond Meat, Inc. today announced that the Company is reducing its third quarter net revenues outlook. The Company is proceeding through its quarterly close, and based on preliminary results, the Company now expects third quarter net revenues of approximately $106 million as compared to prior guidance of $120 million to $140 million. Although the Company’s previous third quarter guidance anticipated a sequential decline in net revenues, the deceleration was larger than anticipated. Multiple factors contributed to the shortfall during the quarter.

While the Company continues to study the drivers...

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Oct 26 7:57 AM, General News


Tyson® Brand Introduces Air Fried Chicken Bites

Tyson® brand is bringing more tasty options to the game-day table with its new Tyson® Air Fried Chicken Bites—the protein-packed snack you won't feel guilty serving your guests. Tyson Air Fried Chicken Bites have 75% less fat and 35% less calories than fast food breaded chicken options1, but with the same great taste and crunch of traditionally fried chicken.

Americans today want better-for-you versions of comfort foods, and Tyson Brand is meeting this trend by launching chicken bites in Spicy and Parmesan flavors that have...

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Oct 26 7:55 AM, General News


Kroger's Home Chef Surpasses $1 Billion in Annual Sales

The Kroger Co. and Home Chef announced today the meal solutions brand reached $1 billion in annual sales. Founded in 2013 by Pat Vihtelic, Home Chef merged with Kroger, America's largest grocery retailer, in 2018. Since then, Kroger and Home Chef have advanced the availability of mealtime shortcuts and solutions, offered new product innovations, and continued to transform how customers approach preparing meals.

"Kroger's commitment to being Fresh for Everyone is underscored by our Home Chef products, which help us bring families together in the kitchen with meal options..."

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Oct 25 8:45 AM, General News


GrubMarket Expands to Canada through Acquisition of Funtech Software

GrubMarket today announced it has completed the acquisition of Vancouver-based Funtech Software, a provider of comprehensive eCommerce systems and online grocery software solutions to both online grocery companies and brick-and-mortar grocery stores, enabling them to manage their business online and reach more consumers. This marks GrubMarket's first acquisition in Canada, and the formation of GrubMarket's first overseas software technology R&D center, leveraging the rich software engineering resources in the Vancouver area.

Founded in 2017 by Sam Qi, Funtech designs, develops and supports eCommerce storefronts across platforms...

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Oct 22 8:00 AM, General News


This Week in Retail: Buying Opportunities Increase for Pork

Meat and poultry features are bountiful this week as consumers hunker down for hearty home-cooked meals during chilly autumn evenings. While Halloween is just around the corner, some retailers are already showcasing Thanksgiving promotions.

This week in retail, buying opportunities were lower week-over-week for turkey and seafood features. Towards the tail-end of October National Pork Month, marketing campaigns pushed pork features higher than the previous week. Meanwhile, retail activity for chicken and beef was nearly flat with the week prior. 

Buying opportunities for seafood this week are centered around fresh/frozen fillets—namely tilapia—and raw shrimp. The fresh/frozen fillets complex makes up 33% of ad space and averages $6.89 per pound, 20.1% above a year ago. Tilapia is up 7.8% from this week last year at $5.93 per pound on average. Atlantic salmon boneless filet is also widely featured and averages $8.68 per pound, compared to $7.70 per pound last year. The raw shrimp complex claims 23% of ad space. The regional price spread for 16-20 raw ranges from $6.99 per pound to $8.99 per pound, generally on par with year-ago levels...

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Oct 22 8:00 AM, UB Newswires


Sanderson Farms Stockholders Approve Combination with Cargill and Continental Grain Company

Sanderson Farms, Inc. announced that at a special meeting of stockholders held earlier today, its stockholders approved the previously announced agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash. Upon completion of the transaction, Cargill and Continental Grain will combine Sanderson Farms with Wayne Farms, a subsidiary of Continental Grain, to form a new, privately held poultry business.

“We are pleased Sanderson Farms stockholders approved this transaction and thank them for their support,” said Joe Sanderson, Chairman...

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Oct 22 8:00 AM, General News


America is Freezing Food at Record Rates

Americans have been freezing food at record rates these past two years, with a majority of people across the country (55%) saying they bought a second or even third freezer to house all the extra frozen food.

A recent survey* of 2,000 people across America revealed that some of the most common foods in freezers are vegetables, soups and sauces. And close to a third reported feeling ‘stressed,’ ‘uneasy,’ or ‘surprised’ when they open their freezer and see all the unused food; one-half say they have to waste their frozen food because...

 

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Oct 22 8:00 AM, General News


Natural Grocers® Now Taking Reservations for the Humanely Raised Thanksgiving Turkeys

Every October, as the leaves start to fall and the air starts to cool, Natural Grocers® kicks off its Thanksgiving turkey pre-order season at each of its 162 stores across 20 states and on its turkey reservations website www.naturalgrocers.com/turkeys. By securing an early reservation, customers can rest easy knowing they have purchased the perfect variety and size of turkey to help make their Thanksgiving celebration special this year.

As grocery industry leaders in animal welfare standards, Natural Grocers exclusively partners with...

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Oct 21 8:38 AM, General News


Mercatus Survey Reveals 75% of Online Grocery Orders To Be Fulfilled at Grocery Stores

Mercatus, the leading provider in digital commerce solutions for grocery retail, today announced findings from its annual eGrocery survey of U.S. consumers, conducted in collaboration with Incisiv. The report, titled eGrocery Transformed: 2021 market projections and insight into online grocery's elevated future, confirms that U.S. online grocery customers are predominantly oriented towards grocery pickup services with 75% of survey respondents preferring store pickup.

The number of online grocery customers who report using curbside pickup at least once in the last year increased to 61% on average...

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Oct 21 8:00 AM, General News


BASF and Cargill expand partnership for the Animal Feed Industry

BASF and Cargill are expanding their partnership in the animal nutrition business, adding research and development capabilities and new markets to the partners’ existing feed enzymes distribution agreements. Together, they will develop, produce, market, and sell customer-centric enzyme products and solutions. The goal is to bring farmers feed innovations that reduce nutrient waste, improving feed efficiency, and promote animal growth and wellbeing.

“We are proud to enter this next stage of collaboration with Cargill. Through joint solutions we will further increase the value creation opportunities in the enzymes space..." 

 

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Oct 21 8:00 AM, General News


JUST Egg's Key Ingredient Receives European Safety Approval, Paves Way for Launch

Eat Just, Inc., a company that applies cutting-edge science and technology to create healthier, more sustainable foods, announced today that the key ingredient in its popular plant-based JUST Egg products has received approval from the European Food Safety Authority’s (EFSA) expert panel on nutrition. This paves the way for the initial launch of JUST Egg to occur in Europe in mid-2022 after the European Commission concludes its review.

By participating in the European Union’s novel food process and passing the EFSA Panel on Nutrition...

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Oct 20 8:53 AM, General News


Albertsons Sees More Inflation

Albertsons Cos. projected higher inflation for the rest of the year, driven by higher supply-chain and labor costs across the food industry.

The Boise, Idaho-based supermarket chain is passing through some price increases to shoppers but said it is also offering cheaper alternatives. Executives said consumers are still spending heavily on groceries as they stay at home and cook more than they did before the pandemic.

"We have not seen material change in customer behavior," Chief Executive Officer Vivek Sankaran said Monday during a call with analysts.

Food companies say they have been...

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Oct 19 9:02 AM, General News


Walmart Selects Spartanburg County for New High-Tech Grocery Distribution Center

Today, Walmart announced plans to build a new, high-tech distribution center for fresh and frozen groceries in Spartanburg County, set to open in 2024. The new 720,000+ square-foot facility will create more than 400 full-time regional jobs and will rely on the combination of Walmart associates, automation technology, robotics and machine learning to process grocery perishables – such as produce, eggs, dairy, flowers and frozen goods – and deliver them to nearby stores. The high-tech facility marks Walmart’s largest grocery distribution center to date and...

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Oct 19 8:31 AM, General News


Amazon Hiring for 150,000 Seasonal Jobs to Help Deliver Great Holiday Experiences

Amazon continues to provide diverse employment opportunities for people of all backgrounds and skill levels, announcing today 150,000 seasonal jobs are now available across the U.S. All Amazon jobs in the U.S., including seasonal roles, have an average starting pay of $18 per hour, sign-on bonuses up to $3,000 and an additional $3 per hour depending on shifts in many locations.

“We are proud to be offering a huge range of full-time, part-time, and now seasonal jobs with great..."

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Oct 18 9:08 AM, General News


Publix Announces Three Officer Promotions

Today Publix CEO Todd Jones announced three officer promotions, effective Jan. 1, 2022, to support the company’s growth and expanding initiatives.

Kyle Davis, Director of Warehousing, will be promoted to Vice President of Distribution. Davis, 59, began his career in 1988 at the Miami warehouse. He worked in various positions before being promoted to Boynton Beach warehouse superintendent in 1994, Jacksonville produce warehouse superintendent and Jacksonville distribution manager in 1997 and Deerfield Beach distribution manager in 2004. He was promoted to his current position in 2007 overseeing various warehousing locations across Publix’s operating area...

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Oct 15 9:26 AM, General News


Lightlife Expands Distribution at Walmart, Adds Plant-Based Burgers, Breakfast Links and Patties

Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife® and Field Roast™, announced today that its Lightlife Plant-Based Burger, Plant-Based Breakfast Links and Plant-Based Breakfast Patties are now available at select Walmart locations nationwide. The plant-based breakfast items will be sold in the refrigerated breakfast meat section, the first time the retailer will offer a plant-based option in this area of the store, and the Lightlife Plant-Based Burger will be available in the frozen aisle...

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Oct 15 8:00 AM, General News


This Week in Retail: Spread Between Food at Home vs Away from Home Narrows

The latest Consumer Price Index (CPI) for September, released by the Bureau of Labor Statistics (BLS), showed the food index up 0.9 percent last month after gaining 0.4 percent in August. The Food at Home (FAH) index showed a 1.2 percent over the month increase with gains across all six major food group indices. The index for meats, poultry, fish, and eggs demonstrated a 2.2 percent over the month increase. The index for dairy and related products posted the smallest increase at 0.7 percent. 

The BLS defines the CPI as the change in prices paid by consumers for goods and services. Overall, the CPI rose by 0.4 percent in September. Notably, gains in the indices for food and shelter contributed to more than half of the monthly all items increase. Over the last 12 months, the all items index rose 5.4 percent before seasonal adjustment. 

The BLS reports that the index for Food Away From Home (FAFH), which was up 0.4 percent in August, gained 0.5 percent in September. Over the last year, the FAFH index rose 4.7 percent. Increases for limited and full-service meals offset a decline in the index for food at employee sites and schools...

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Oct 15 7:59 AM, UB Newswires


Stop & Shop and Instacart Team Up to Offer 30-Minute Convenience Delivery Service In the Northeast

Committed to providing customers with convenient ways to shop, Stop & Shop is taking convenience to a new level, partnering with Instacart, the leading online grocery platform in North America, to launch Stop & Shop Express. Stop & Shop Express allows customers to shop for groceries, convenience items, and other household essentials delivered to them in as fast as 30 minutes. Stop & Shop is the first grocery retailer in the Northeast to make this service available with Instacart.

Perfect for when you forget the key ingredient in...

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Oct 13 8:51 AM, General News


Fresh Del Monte Further Commits to Sustainable Agriculture Practices

Fresh Del Monte Produce Inc., one of the world’s leading vertically integrated producers, distributors, and marketers of fresh and fresh-cut fruits and vegetables, announced today its participation at this year’s World Biodiversity Summit, occurring alongside the United Nations Climate Change Conference (COP26) and the Convention on Biological Diversity (COP15). Fresh Del Monte’s Chief Sustainability Officer Hans Sauter will join industry leaders in a panel discussion on “Sustainable and Regenerative Agriculture at the Center of Development Strategies - Challenges and Opportunities,” – a conversation centered around how to transition the industry toward more...

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Oct 13 8:01 AM, General News


Blue Apron Announces Commencement of Fully Backstopped $45 Million Rights Offering

Blue Apron Holdings, Inc. announced today that it has commenced a $45.0 million rights offering as part of its planned $78.0 million capital raise, each as previously disclosed in the Form 8-K filed with the U.S. Securities and Exchange Commission (“SEC”) on September 15, 2021.

Under the terms of the rights offering, the company is distributing non-transferable subscription rights to each holder of its Class A common stock (as well as the holders of certain warrants issued to the company’s lenders) held as...

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Oct 12 8:45 AM, General News


AYO Foods Expands Nationwide, Achieving 80x Increase in Distribution Just One Year After Launch

AYO Foods, a premium meal solutions brand delivering an authentic and delicious line of West-African inspired cuisine, today announced that its brand has achieved 80 times increase in distribution as their products have now expanded nationwide across leading retailers. Furthermore, the company has been able to achieve this tremendous milestone just one year after launching their operations in 2020 of last year.

"We are so excited to experience such tremendous growth in just a short period of time," said Fred and Perteet Spencer, co-founders...

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Oct 12 8:00 AM, General News


Opie Drive-Thru Grocery Opens First Store — With More in the Works

A high-tech, drive-thru grocery store with a retro theme and big ambitions has opened its first location.

Opie Drive-Thru Grocery has unveiled its first location, in Mount Pleasant, S.C. It’s the first of three stores planned for the Charleston, S.C. area. (The company name comes from “The Andy Griffith Show” television series which ran in the 1960s. Andy’s son, played by Ron Howard, was named Opie.)

Opie, which bills itself as an ultra-fast convenience grocery store, is open 24 hours, seven days a week...

 

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Oct 11 8:43 AM, Urner Barry


This Week in Retail: Seafood Reigns Number One in Retail Ads This Week

Grocers' protein promotions this week included more seafood, which claimed the top spot in retail buying opportunities at about 30%. This is up from 27.3% the week prior and 25% this time last year.

The uptick in seafood featuring might be attributed to increased marketing campaigns for National Seafood Month. Organizations such as NOAA Fisheries utilize this month as a time to educate consumers about the U.S. seafood industry while sharing creative recipes to integrate fish, shrimp, and more into mealtimes and even tailgating parties. 

Retailers widely featured 16-20 raw shrimp this week at an average of $7.78 per pound. Down 7.5% from the week prior, this attractive price point could draw more consumers to the seafood case. 

The regional price spread for Atlantic Salmon boneless fillet ranged from $7.66 per pound to $8.86 per pound, generally down from week-ago levels but up on average from 2020. In the fresh/frozen fillets complex, tilapia averaged $4.99 per pound, down 8.6% from the week prior and 6.2% below 2020... 

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Oct 8 7:55 AM, UB Newswires


Sanderson Farms Increases Pay Rates for Hourly Employees

Sanderson Farms, Inc. announced today that it has increased pay rates for the company's hourly employees as of Sunday, September 26. The decision marks the third consecutive year the company has given an across-the-board pay increase to hourly employees as part of their ongoing effort to recruit and retain employees in today's competitive business environment.

With the pay increase, hourly line operators at Sanderson Farms will earn at least $16.70 an hour. The new pay scale for hourly line operator positions provides for additional rate increases after reaching...

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Oct 7 8:05 AM, General News


The Kroger Family of Companies to Hire 20,000 Associates

The Kroger Co. today announced its Family of Companies' second nationwide hybrid hiring event, including virtual and on-site interviews, will take place from 2-5 p.m. ET on Wednesday, October 13. The organization's mission is to hire 20,000 associates by finding talent for retail, e-commerce, manufacturing, supply chain, merchandising, logistics, corporate, and pharmacy and healthcare roles.

"The Kroger Family of Companies is eager to welcome 20,000 associates to our organization as we prepare for an incredible holiday season where customers are planning to return to larger family gatherings and..."

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Oct 6 8:36 AM, General News


Maple Leaf Foods Increases Pre-Cooked Bacon Capacity Through Creation of Bacon Centre of Excellence

Maple Leaf Foods Inc. today announced that it has completed construction of a $182 million expansion to its Winnipeg prepared meats plant, significantly increasing its bacon production capacity with new in-house capacity for pre-cooked, microwaveable bacon.

This investment in new state-of-the-art manufacturing equipment and cultivated in-house expertise represents a Bacon Centre of Excellence within Maple Leaf and positions the company to meet the growing customer and consumer demand in the pre-cooked bacon market and drive innovation...

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Oct 6 7:59 AM, General News


Do Good Foods Launches Infrastructure Platform That Combats Climate Change 

The Kamine Family, an established pioneer with a 40-year history of building large-scale infrastructure projects nationwide, today announced the launch of Do Good Foods. Backed by a $169M investment from Nuveen, Do Good Foods is the first scalable solution to eliminating the 48 billion pounds of food waste generated by grocery stores each year. The company’s closed loop system collects foods such as fruits, vegetables, and meats after human donations can occur, and upcycles them into a nutrient-dense animal feed to create sustainable animal protein...

 

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Oct 6 7:54 AM, General News


Del Monte Foods, Inc. Publishes 2021 Sustainability Report

Del Monte Foods, Inc. today published its fiscal year 2021 Sustainability Report, highlighting progress toward its sustainability goals and reaffirming the company's mission to nourish families with earth's goodness to create a healthier tomorrow where nutritious foods are more accessible to all.

"At Del Monte, we're growers of good. This past fiscal year, we extended this ethos not only to growing what's good, but also to taking care of what's good: our team members, our growers, our customers and our communities," said Greg Longstreet, President and CEO of Del Monte Foods...

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Oct 5 7:59 AM, General News


Publix to Hire 30,000 Associates in Fourth Quarter of 2021

Publix plans to hire approximately 30,000 associates across the company’s seven-state operating area through the remainder of the year. The company will hire associates to work in stores, distribution centers and manufacturing facilities for nonseasonal positions.

“As we continue to grow, having a dedicated team ready to meet our needs is vitally important,” said Publix Vice President of Human Resources Marcy Benton. “Whether associates are new to the workforce or making a career change, Publix provides great benefits and a strong culture in which its associates build long..."

 

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Oct 5 7:58 AM, General News


Hofmann Sausage Company Launches Oktoberfest Limited Edition Beer Bratwurst

Hofmann Sausage Company announces the production release of a special infused seasonal sausage for the month of October. The Hofmann Oktoberfest Beer Bratwurst is a limited-edition product made with a New York created lager.

"This beer brat is just the start of Hofmann making seasonal items that consumers will love," said Pat Favalo, National Sales Manager for Hofmann. "It is handcrafted, full of flavor, and has the texture of a traditional bratwurst. Many generations have boiled bratwurst in beer which started in Germany, but our brats are infused with..."

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Oct 4 8:04 AM, General News


This Week in Retail: Looking Ahead to October

Don’t blink—it’s nearly October. Corn and soybean harvests are underway, sweater weather is approaching, and grocers are seeing additional opportunities to promote protein sales. Pork and seafood are receiving special accolades next month, as October is recognized as National Pork and Seafood Month.

Both campaigns are aimed at supporting farmers and encouraging household consumption by showcasing creative ways to incorporate pork and seafood into mealtimes. Whether it's for back-to-school lunches or family-time dinners, there are no shortages of pork and seafood-centric recipes to celebrate October and fall time festivities. 

Traditionally, hogs were marketed in October. These days, specialized facilities allow for year-round production. While every...

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Oct 1 7:55 AM, UB Newswires


Walmart to Hire 150,000 Associates to Serve Customers for Holidays (and Beyond)

As the most wonderful time of the year approaches, we’re planning to hire approximately 150,000 new U.S. store associates, most of them permanent, full-time positions across the country. This will ensure we’re ready to help customers shop however they want, whether they’re in a store, using curbside pickup or shopping online.

We’re always looking to add great talent to our incredible team of dedicated associates – the every day heroes who have been a constant force for good in their communities amidst the uncertainty of...

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Sep 30 8:30 AM, General News


Beyond Meat® Introducing Plant-Based Beyond Breakfast Sausage® Links at All Big Retailers in Canada

Beyond Meat®, a leader in plant-based protein, is shaking up the breakfast game in Canada by launching plant-based Beyond Breakfast Sausage® Links in grocery stores nationwide, marking Beyond Meat’s entry into the Canadian retail breakfast category. Consumers can find the savoury plant-based sausage links at all major retailers across Canada, making it easier than ever to enjoy Beyond Meat’s delicious, nutritious and sustainable plant-based proteins any time of day.

Beyond Breakfast Sausage Links are crafted to...

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Sep 30 8:29 AM, General News


The GIANT Company Partners With Instacart To Launch “Instant Delivery” From All Stores

As part of its omnichannel growth, The GIANT CompanyThe Giant Company together with Instacart, the leading online grocery platform in North America, announced today the launch of GIANT Instant Delivery and MARTIN’S Instant Delivery, providing customers with convenience delivery chainwide. With convenience as one of the most popular categories on Instacart, GIANT Instant Delivery provides customers with fresh groceries, convenience items, and household essentials from early morning to late at night in as fast as 30 minutes.

“While no two families’ grocery experiences are alike..."

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Sep 29 9:19 AM, General News


Beyond Meat® Announces Latest Expansion In Plant-Based Chicken Platform

Beyond Meat®, a leader in plant-based meat, today announced that following multiple successful launches of its best-in-class plant-based chicken items in foodservice, it is debuting its Beyond Chicken® Tenders (MSRP: $4.99) at select retailers nationwide in response to consumer demand.

In addition to the retail rollout of the delicious plant-based chicken tenders, Beyond Meat is also increasing its retail product distribution of other Beyond Meat products at Walmart stores in which Beyond Meat products are currently sold, making this the...

 

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Sep 29 8:02 AM, General News


Impossible Foods Expands to the Middle East 

California-based Impossible Foods has arrived in the United Arab Emirates, the company’s first market in the Middle East. Its flagship product, Impossible™ Burger, is kosher, halal and gluten-free certified, and now exclusively available on the menus of select restaurants across Dubai, United Arab Emirates, including Pickl, Sticky Rice, Akira Back and The MAINE Oyster Bar & Grill.

Beginning Friday, October 1, Impossible Burger will be featured at World Expo 2020 on select menus in the US Pavilion. The event is expected to draw more than 25 million visitors from almost 200...

 

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Sep 28 2:02 PM, General News


Sysco Offers New and Innovative Products For Fall 2021 Through Cutting Edge Solutions Platform

Sysco Corporation, the leading global foodservice distribution company, announced today the nationwide launch of eight innovative concepts exclusively for Sysco customers through the company’s Cutting Edge Solutions platform. These chef-tested and exclusive products provide foodservice operators with on-trend menu options such as plant-based ingredients as well as innovative to-go solutions that will help them stand out in the ever-evolving foodservice environment.

“Our Cutting Edge Solutions platform helps our customers stay on-trend and ahead of the competition with new and..."

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Sep 27 8:02 AM, General News


Walmart Announces Closing of Inaugural $2 Billion Green Bond Issuance

Walmart Inc. today announced that it has closed its previously announced $2 billion inaugural green bond offering. Net proceeds will be allocated to fund current and prospective projects to advance Walmart’s sustainability goals.

The green bond is Walmart’s first offering under the company’s Green Financing Framework, published August 2021, which details the company’s alignment with the 2021 Green Bond Principles, administered by the International Capital Markets Association (ICMA).

“The closing of our first-ever green bond offering directs capital toward projects that will advance our environmental sustainability goals...

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Sep 24 9:48 AM, General News


This Week in Retail: Tight Cold Storage Stocks Keep Prices Elevated for Many Meat Items

Pumpkin spice lovers, rejoice! Yesterday marked the first day of autumn and consumers are gearing up for cooler temperatures and hearty home-cooked meals. As we approach the fourth quarter, retailers are optimistic that fall-oriented demand will help maintain a strong consumer pull for meat and poultry products.  

For hog producers, autumn typically signals a period of seasonal expansion in supplies. Buying interest among packers who purchase hogs in the open market has slowed considerably in recent weeks, according to livestock dealers. This suggests that hog supplies overall are adequate for packers’ needs and current processing capacity, which continues to be strained by labor challenges...

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Sep 23 9:23 AM, UB Newswires







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