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Whole Foods Market Forecasts Top 10 Food Trends for 2021
Whole Foods Market global buyers and experts unveiled their top 10 anticipated food trends for 2021 in the retailer’s sixth annual trends predictions. Hard kombucha, upcycled foods, leveled-up breakfasts and jerky made from produce are among the food influences expected to take off in the next year.
Each year, a Trends Council of more than 50 Whole Foods Market team members, including local foragers, regional and global buyers and culinary experts, compile trend predictions based on decades of experience and expertise in product sourcing, studying consumer preferences and being on the frontlines with...
Impossible Foods Debuts in Asian Grocery Stores
Impossible Foods is making its award-winning, plant-based meat available to home chefs in Asia in nearly 200 grocery stores across Hong Kong and Singapore, the first time Impossible Beef Made From Plants has been available for home chefs outside of the United States.
Starting this week, Impossible Beef will roll out at nearly 100 PARKnSHOP banner stores across Hong Kong, including PARKnSHOP, FUSION, TASTE, food le parc and GREAT FOOD HALL. It’s also available for delivery through parknshop.com.
In Singapore, Impossible Beef will start rolling out this week at nearly 100 NTUC FairPrice stores, including...
Lidl to Install Hospital Grade Air Filters in All U.S. Stores to Prevent Spread of COVID-19
Following recently issued Centers for Disease Control guidelines stating that the COVID-19 virus can be spread through the air, Lidl US announced it will install new air filtration systems rated MERV 13 or higher in all of its U.S. stores by the end of this year. Air filters rated MERV 13 or higher, which are typically found in hospitals, help filter out COVID-19, according to public health and industry leaders.
"Since the beginning of the pandemic, we have worked diligently to protect the health of everyone in our stores by meeting or exceeding CDC guidelines and this measure to create cleaner, healthier air is no different," said Johannes Fieber, CEO of Lidl US. "Customers and team members in Lidl stores can breathe easier knowing we have...
Coronavirus Changing Eating Habits of Vegan, Vegetarian, and Flexitarian U.S. Consumers
The majority of U.S. consumers report eating more comfort foods, snacks, and treats because of the coronavirus, reports market research firm Packaged Facts in a new study. Some consumers are eating more healthily and more locally produced foods, while a smaller portion are eating less healthily, less fresh produce, and more processed foods.
"The coronavirus has had an impact on consumer eating habits, with some tending toward less healthy foods, while others are experiencing the opposite and hunkering down with healthier foods," says Jennifer Mapes-Christ, food and beverage publisher for Packaged Facts.
Vegans, who already tend to think they eat a healthy diet, are most likely to report eating...
Albertsons Companies Reports Second Quarter Results
Albertsons Companies, Inc. reported results for the second quarter of fiscal 2020, which ended September 12, 2020.
Second Quarter of Fiscal 2020 Highlights
Instacart Appoints Two New Executives To Leadership Team
Instacart, the North American leader in online grocery delivery, today announced the addition of two new executives to its leadership team. Experienced human resources executive and people leader Christina Hall has joined Instacart as the company's first Chief Human Resources Officer. Additionally, as part of the company's continued investment in product development, Instacart has named Ariel Bardin as Senior Vice President of Product. These new leadership hires come as Instacart continues to build out its teams and scale to meet the increased consumer demand for its online grocery delivery and pickup services...
Albertsons Companies Unveils PickUp Lockers as Newest Addition to e-Commerce Lineup
Albertsons Companies (NYSE: ACI) today announced that it is piloting PickUp lockers in select Chicago Jewel-Osco and Bay Area Safeway stores as the newest easy fulfillment option for e-Commerce orders made through the company’s websites and apps.
The company already offers in-house Delivery and Drive Up & Go options through its innovative websites and apps, and has partnerships with third-party operators to provide fast delivery options. Albertsons Cos., which reported a 276% increase in digital sales in its first fiscal quarter and continues to add Drive Up & Go stores throughout the country, is looking at all of the ways that it can make customers’ lives – and their grocery shopping – easier and more exciting...
ANALYSIS: Pork Cutout Showing October Highs
With both heightened retail and export demand continuing into the Autumn months, along with labor constraints and limited cold storage stocks, the Urner Barry Pork Cutout has ascended to...
NRF Foundation Introduces COVID-19 Trainings to Aid Retail Employees
The NRF Foundation today launched two new credentials in its RISE Up program in response to the coronavirus pandemic. The credentials focus on Retail Operations and Customer Conflict Prevention to further ensure retail workers — and the millions of customers they serve — can work and shop more safely and help keep the economy open.
“Retailers have been on the front lines of this pandemic as economic first responders and are going above and beyond to maintaining a safe work environment for themselves, their colleagues and their customers,” NRF President and CEO Matthew Shay said. “These new credentials will give employees the training they need to continue operating and serving customers safely. An informed workforce will build customer confidence and show...
Cargill Study Shows Consumer Support of Farmers Grows As a Result of COVID-19 Challenges
A recent Cargill study found a majority of consumers stand ready to rally around farmers in support of their efforts to put food on tables around the globe. Consumer recognition for the challenges and expectations farmers face grew amid the COVID-19 pandemic, as processing and transportation bottlenecks, especially in the protein industry, stretched the global food supply. In the latest Feed4Thought survey, Cargill found nearly one-third of consumers in the U.S., Brazil, Vietnam and Norway have a renewed appreciation for animal agriculture.
“Farmers and ranchers have faced tremendous pressures caused by COVID-19 supply chain disruptions. And those pressures came on top of the multitude of challenges farmers already faced as they worked to feed the world in...
Kroger's Simple Truth Brand Expands Plant Based Collection
The Kroger Co. announced the expansion of its exclusive Simple Truth Plant Based collection, unveiling more than 50 new, fresh and flavorful plant-based foods at affordable prices, including non-dairy cheeses, oat milk ice cream and Emerge fresh chicken-less patties and grinds.
Kroger's Simple Truth Plant Based collection launched with more than 20 products last September, featuring vegan chocolate chip cookie dough, oat milk, sour cream, deli slices, sausage, and other products. Since then, the line has continued to grow to meet customer demand, offering a diverse selection of vegan- and flexitarian-friendly snacks, spreads, dips, desserts, burger patties and grinds, and more. By the end of 2020, the collection will feature more than...
COVID-19 has Flipped the Value Proposition of Omnichannel Shopping for Constrained Consumers
With few alternatives available during the widespread lockdowns earlier this year, e-commerce quickly became a go-to means-to-an-end for shop-needy consumers around the globe. Six months later, that early reliance on e-commerce has expanded into a fundamental dependence on still-evolving omnichannel shopping experiences.
The premise of omnichannel shopping certainly wasn’t borne out of the COVID-19 pandemic, but the global health crisis has dramatically elevated consumers’ use of both on- and offline channels in tandem, whether for click-and-collect, contactless delivery or an array of other fulfillment options. And across consumer groups, online channels have become the most critical shopping resources for...
Kroger Launches Chefbot to Help Consumers Reduce Food Waste
The Kroger Co. launched the first generation of Chefbot, its AI-powered Twitter recipe tool that helps users' pair the groceries in their fridge and reduce food waste by providing mealtime inspiration and personalized recommendations.
Developed in partnership with integrated creative and media agency 360i, and technology partners Coffee Labs and Clarifai, Kroger's Chefbot offers an innovative and user-friendly conversational solution for breaking away from mundane mealtime routines and unwanted at-home food waste—common challenges for many as families continue to enjoy more meals together at home. Chefbot's AI analyzes photographs to recognize nearly...
Retailers Say White House and Congress Cannot Wait on New Pandemic Recovery Legislation
The National Retail Federation expressed concern over President Trump’s decision to stop negotiating with congressional leaders on new legislation intended to help the economy recover from the impact of the coronavirus pandemic.
“The pandemic isn’t over and neither is the economic crisis it has created,” NRF President and CEO Matthew Shay said. “There are many families still struggling to make ends meet and businesses facing obstacles to putting workers back on the payroll. We need a vaccine to ensure our personal health. And we need...
Imports Set New Record as Retailers Replenish Inventories and Stock Up Early for Holidays
Imports reached an all-time high this summer as retail sales bounced back from the pandemic and merchants replenished inventories and stocked up early for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“After staying at home this spring, consumers are buying again and retail supply chains are working overtime to keep up with demand,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Nothing about this year is predictable, but retailers are making sure their shelves and warehouses are well-stocked for the holidays. They are also stocking up earlier than usual because...
Instacart Raises $200 Million in New Funding as Grocery Delivery, Pickup Booms During Pandemic
Grocery delivery service Instacart announced it has raised $200 million in funding led by existing investors Valiant Peregrine Fund and D1 Capital Partners.
2020 has been a strong year for the company, which has seen its valuation more than double since the year began as consumers have pivoted to online grocery shopping during the coronavirus pandemic.
According to CNBC, the company’s valuation jumped to $17.7 billion following the funding round, up from $7.9 billion when 2020 began. Instacart is now...
Zero Egg Cracks U.S. Plant-Based Foodservice Market
As demand for alternatives to animal products is at an all-time high among omnivores, vegetarians, and vegans alike, Zero Egg, is cracking the U.S. market by boldly taking over the decades-old traditional World Egg Day on October 9 to introduce the a plant-based egg replacement that tastes, looks, and functions like an ordinary egg, but is entirely made with plants.
Now available to all U.S. foodservice operators and food manufacturers, Zero Egg offers two products, "EGG Basics," crafted to rival ordinary eggs in traditional egg entrees and breakfast dishes, and "BAKE Basics," developed for specialty baking. Both products come in powder form with high yields that offer...
Kroger Testing Ghost Kitchens in Pair of Midwest Stores
Through a partnership with ghost kitchen start-up ClusterTruck, top U.S. retailer Kroger will debut a pair of delivery and pickup-only kitchens in two of its Kroger stores in Indianapolis, Indiana and Columbus, Ohio.
Kroger said it the kitchens will provide a variety of freshly prepared meals on-demand with no service or delivery fees.
The decision to create the on-site kitchens stems from a pilot launched in December of 2019 in Carmel, Indiana and the aforementioned cities. Still, the pilot was an off-premises concept, the new kitchens will be about 1,000 square feet of culinary space...
Beyond Meat Introduces New Breakfast Sausage Links at Grocery Stores Nationwide
Beyond Meat announced the addition of Beyond Breakfast Sausage Links to its line of innovative plant-based meat offerings.
The brand’s fourth new retail product of 2020 following the launch of Beyond Breakfast Sausage Patties, Cookout Classic and most recently, Beyond Meatballs, Beyond Breakfast Sausage Links will roll into grocery stores nationwide, including at select Kroger, Albertsons, Sprouts, Harris Teeter, Wegmans, Whole Foods Market and more throughout October. Sold in the meat case with...
Veggies Made Great Partners with Beyond Meat and Debuts New Frittatas
Veggies Made Great is partnering with Beyond Meat to create a new Veggies Made Great Frittata Line made with Beyond Meat, which will be available at select retailers in the coming weeks, and available online at the Veggies Made Great website and Amazon.
The Frittatas come in two flavors:
ANALYSIS: Pork 42 Trim vs. Beef 50 Trim
For some processed meat products, beef and pork trimmings can be used interchangeably on items such as...
ANALYSIS: Chicken Cold Storage: A Reflection of the Times
August’s cold storage coincide with the current market status of most major lines and serve to remind us of the supply-side challenges which marketers continue to wrestle with...
Smithfield Foods Launches New Power Bites
The Smithfield brand announced that all new Power Bites are here. Power Bites are a breakfast bite of real sausage, egg, and cheese you can eat anywhere. Offered in portable packaging, Power Bites make meal-time awesome for meat lovers. They pack all your favorite ingredients into one bite to provide a boost of flavor and protein. The brand-new line hitting shelves this fall is available in three flavors: Homestyle, Western Style and Meat Lovers.
Smithfield Power Bites require almost zero prep to accommodate active and busy lifestyles; simply heat for 45 seconds in the microwave and eat right out of the container – no fork required. All varieties are fully cooked and made with...
French Plant-Based Protein Maker Roquette Sees Short-Term COVID-19 Impact
The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said.
The market for plant-based protein such as meat-free burgers has surged in the past few years, attracting major investment from global agrifood groups, including Archer Daniels Midland, Cargill, and Nestle, hoping to capitalize on a trend towards healthy eating generally, including less red meat.
But lockdowns around the world to prevent the spread of COVID-19 have shaken the market, Jean-Philippe Azoulay, Head of Pea and New Proteins Business at French ingredient maker...
ANALYSIS: Turkey Holdings--In Tune With the Times
The most recent release of the USDA’s cold storage report helps to support the current standing of most major lines within the turkey complex while, at the same time, reflects...
ANALYSIS: Pork Cold Storage 2020 Update
Cold Storage is a key metric that allows us to see the impact the coronavirus pandemic has had, and continues to have, on the pork market overall. The diminished production in Q2, due to...
Kroger Announces New Senior Vice President of Supply Chain
The Kroger Co. announced the retirement of Robert Clark, senior vice president of supply chain, manufacturing and enterprise sourcing, after more than 35 years of service, effective February 1, 2021. Clark will be succeeded by Gabriel Arreaga, who is joining The Kroger Co. as senior vice president of supply chain, starting October 1, 2020.
Robert Clark, Senior Vice President of Supply Chain, Manufacturing and Enterprise Sourcing, Announces Retirement
Clark began his career in the Fry's division as a bagger in 1985. He advanced to occupy several store, district and division leadership roles for Fry's, including being named vice president of merchandising in 2002. Clark relocated in 2010 to the Columbus division to serve as...
U.S. Shoppers Shift Shopping Strategies to Brace for Recessionary Effects
A much more discerning grocery shopper is emerging in the wake of initial widespread panic-buying sparked by COVID-19 this past spring that led consumers to disregard prices and stock up on products and ingredients required to prepare the entirety of their family meals at home. Retailers and their trading partners responded as rapidly as possible to the sudden spikes in demand by pulling back on promotional efforts and focusing on their supply chains to keep up, which led to higher prices on 64% of more than 500 grocery store categories.
The short-term result? FMCG sales shot up $77.9 billion across all U.S. channels for the 52 weeks ended Sept. 12, 2020, translating to year-over-year growth of 9.3%. While this lift was astounding for the retail industry, it’s time for stakeholders to...
Beyond Meat to Expand Walmart Distribution
Beyond Meat, Inc. announced a major expansion in its long-standing relationship with Walmart. Following this summer’s successful launch of the Cookout Classic value pack, Beyond Meat’s most affordable product offering to date, this fall, Walmart plans to triple availability of the Beyond Burger from approximately 800 locations to more than 2,400 stores nationwide beginning next week. The move comes as part of Beyond Meat’s effort to increase worldwide accessibility to simple, plant-based meat products made without GMOs.
Beyond Meat first launched its frozen products at Walmart in 2015. Since then, Walmart has expanded its Beyond Meat in-store offerings to include the Beyond Burger and Beyond Sausage in the fresh meat aisle and most recently...
The Hartman Group's Shelley Balanko on Consumer Buying Trends in a Pandemic
During extraordinary times, insights into consumer behaviors become more vital than ever to businesses. The Hartman Group, a food culture consultancy, provides such trends, insights, and strategic counsels to professionals in the food and beverage industry. The company conducts its own primary research with expertise in areas including sustainability and the health and wellness consumer.
In 2012, the Hartman Group developed the Eating Occasions Compass, a database that documents the who, what, when, where, and why of eating occasions in the United States...
Kroger and Ocado Announce Location of Customer Fulfillment Center in Michigan
The Kroger Co. and Ocado announced Romulus, MI, as the latest location for a Customer Fulfillment Center (CFC). The location confirms a previous announcement stating Kroger and Ocado would construct a CFC in the Great Lakes Region.
"Kroger is incredibly excited to develop one of our industry-leading Customer Fulfillment Centers in Michigan in relationship with Ocado to bring fresh food to our customers faster than ever before," said Robert Clark, Kroger's senior vice president of supply chain, manufacturing and sourcing. "We continue to invest in and constantly improve our e-commerce capabilities, focusing on...
Kroger Provides Resources to Help Families Prevent Food Waste While Enjoying More Meals at Home
In September 2017, The Kroger Co. (NYSE: KR) announced the launch of Zero Hunger | Zero Waste, the company's bold social impact plan aimed at ending hunger in the communities it calls home and eliminating waste across the company by 2025.
Three years later, Americans are more conscious of food waste than ever before. A recent national survey of Kroger shoppers conducted by 84.51˚, Kroger's data analytics subsidiary, revealed that food waste prevention is top of mind for many families as they continue to enjoy more meals together at home...
Landlords and Retail Tenants Compromise to Emerge Stronger Post-COVID-19, says NRF and PJ SOLOMON
With close to zero revenue coming in the door for many bricks-and-mortar retail operations during the COVID-19 stay-at-home orders, retailers and their landlords are working together to address outstanding rent obligations, the National Retail Federation and PJ SOLOMON said today.
“We started to see some encouraging signs for the retail industry with June’s positive sales growth and within the backdrop of a gradually reopening economy,” said David French, NRF’s Senior Vice President of Government Relations. “The influx of stimulus-driven consumer spending and negotiations with landlords has helped keep retailers afloat. As retailers look ahead to cover rent and other expenses in the coming months, more federal government relief is needed to ensure the industry can continue to rebound and fuel the economic recovery..."
Gardein Debuts First-Ever Collection Of Plant-Based Meat Alternative Soups
Gardein, a brand of Conagra Brands, Inc. (NYSE: CAG), is taking its collection of plant-based meat alternatives from the freezer case to the soup aisle with the debut of five new Gardein Soups, the first-ever line-up of soups featuring plant-based meat alternatives. Delivering "meaty" taste with 100% vegan ingredients, the soups are destined to be a cold-weather favorite for anyone seeking an alternative to traditional meat-based soups.
"For years Gardein has been providing delicious foods that deliver the taste of meat in a plant-based offering," said Tim Nangle, Conagra Brands' vice president and general manager, Meals and Sides...
Walmart Sets Goal to Become a Regenerative Company
Building on more than 15 years of sustainability leadership, Walmart today announced it is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart and the Walmart Foundation are also committing to help protect, manage or restore at least 50 million acres of land and one million square miles of ocean by 2030 to help combat the cascading loss of nature threatening the planet.
“We want to play an important role in transforming the world’s supply chains to be regenerative. We face a growing crisis of climate change and nature loss, and we all need to take action with urgency,” said Doug McMillon, president and chief executive officer, Walmart Inc...
Tofu Sales Skyrocket During the Pandemic, as Consumers Search for Affordable Meat Alternatives
American grocery store shoppers became accustomed to limits on certain household staples during the first half of 2020. The quest for toilet paper, ground beef and hand sanitizer sparked panic buying and supermarket aisle scuffles, while overzealous bread bakers desperately searched for flour and a drop in carbon dioxide supply threatened the soda industry.
But the biggest surprise of this year's COVID-19 public health crisis may be a sudden outpouring of love for tofu.
Since U.S. coronavirus shutdowns began in mid-March, tofu shortages have been reported from Seattle...
New York City Partners with Mercato to Equip Independent Grocers with Online Ordering & Delivery
Mercato has been selected by the City of New York to become the eCommerce marketplace that will connect underserved NYC communities to local grocery stores. Through this partnership, select stores in all five boroughs will begin offering their inventory online and via local delivery - a functionality these stores weren't previously equipped with.
"As a native New Yorker and the son of an independent grocer in Brooklyn, I am excited to work with the City to support these neighborhood grocers and to announce Mercato's commitment to improving access to quality food for residents of areas that were impacted by the COVID crisis while also providing these local retailers with a new sales channel..."
Top Plant-based Protein Producers Make Expansion, Distribution Efforts
A pair of companies leading the way for the plant-based protein industry, Beyond Meat and Impossible Foods both announced moves to boost their presence in the retail and foodservice landscape.
On Monday, Beyond Meat announced it will double the distribution of its Beyond Breakfast Sausage Patties. The company said the product will be available in additional Kroger, Super Target, Walmart, Publix and Harris Teeter stores by the end of the month.
“Following the initial release of our Beyond Breakfast Sausage Patties at retailers earlier this year, we heard an enthusiastic and overwhelmingly positive response from consumers who asked for increased availability,” said Chuck Muth, Chief Growth Officer, Beyond Meat...
Johnsonville Welcomes Vermont Smoke & Cure to its Brand Portfolio
Johnsonville, LLC added a new brand to its portfolio with the purchase of a leading East Coast meat-snacking company, Vermont Smoke & Cure (VSC). The Vermont-based, privately held company will operate as a part of Johnsonville, while maintaining its current brand name, leadership team and operations. Established in 1962, VSC produces dozens of high-quality, clean-ingredient, hand-crafted meat snacks. Among its long list of delicious products are:
Publix Named Among Fortune’s Best Workplaces for Women
Publix has been recognized by Fortune as one of the Best Workplaces for Women, ranking No. 29 out of 100 companies on the 2020 list.
“We are honored to be recognized by Fortune as a best workplace for women,” said Publix Director of Communications Maria Brous. “Our inclusion on the 2020 list reflects Publix’s commitment to create a diverse culture that makes us stronger as a company.”
In a survey conducted by Great Place to Work, women were asked about experiences in their workplace based on their ability to reach their full potential and how their gender shapes those experiences. Great Place to Work then analyzed trends based on an organization’s size, industry and region...
Plant-based Protein Labeling Legal Battle Heats Up in Oklahoma
Upton’s Naturals Co, a plant-based protein producer, and the Plant Based Foods Association are suing the state of Oklahoma for its ‘Meat Consumer Protection Act’ which will come into effect on November 1 and force products to print a label the size of the brand name stating that the product is plant-based.
Upton’s argues the Act is infringing on the company’s first amendment rights, per a complaint filed to a U.S. District Court. This is the second time the parties have taken...
NRF: August Retail Sales Grow as Pandemic Recovery Continues
Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, the National Retail Federation said today.“While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” NRF President and CEO Matthew Shay said. “Over the past several months, consumers have responded well to federal relief measures that have supported the recovery, so it comes as no surprise that they would take a pause on spending as some of these programs tapered off at the end of July..."
Study Sheds Light on U.S. Consumer Preferences on Conventional and Alternative Protein Products
In the past six months, players within the plant-based protein industry have been dazzled by the performance of their alternative burgers, patties, nuggets, and sausages. As reported by the Good Food Institute (GFI) overall plant-based product sales increased to a peak of...
SpartanNash Announces New President and CEO
SpartanNash Company announced that it has hired Tony B. Sarsam as President and Chief Executive Officer. Sarsam will assume that role and join the Board of Directors, effective September 21, 2020. Interim President and CEO Dennis Eidson will continue in his role as Chairman of the Board and will serve as Executive Chairman for a period of thirty days to ensure a smooth transition with Sarsam.
Sarsam is an accomplished CEO who has a unique blend of consumer products and supply chain expertise in the food industry, which positions him especially well to lead SpartanNash Company. Sarsam most recently served as CEO of Borden Dairy Company, Inc. where he led business growth and positive trends in a challenging industry. He successfully led Borden through its recent restructuring and...
Beyond Meat Introduces Beyond Meatballs at Grocery Stores Nationwide
Beyond Meat announced that Beyond Meatballs will be rolling into grocery stores nationwide starting this week. With more consumers looking for nutritious options that are delicious and easy to prepare, Beyond Meatballs are conveniently pre-seasoned with a signature blend of Italian spices, pre-rolled and ready to cook.
Beyond Meatballs will be launching at grocery stores nationwide including Whole Foods Market, Stop & Shop, Sprouts, Harris Teeter, Kroger, Albertsons, and others by early October. Sold in the fresh meat section with a suggested retail price of $6.99 for 12 meatballs, Beyond Meatballs have...
Amazon Hiring 100,000 New Employees Across the U.S. and Canada
Amazon continues to provide opportunities for regular full-time and part-time jobs in its fulfillment and logistics network as it expands its footprint to better serve customers in communities where they live. The company announced that it is hiring an additional 100,000 regular employment opportunities throughout the U.S. and Canada on top of the 33,000 Corporate and Technology jobs announced last week. The roles offer a starting wage of at least $15 per hour, and in select cities Amazon is offering sign-on bonuses up to $1,000 to new hires. On top of Amazon’s minimum $15 wage, the company offers full-time employees industry-leading benefits, which include health, vision and...
Kroger Reports Second Quarter 2020 Results and Updates Full-Year 2020 Guidance
The Kroger Co. reported its second quarter 2020 results, provided a Restock Kroger progress update on the three-year transformation plan, and shared a COVID-19 response update.
Comments from Chairman and CEO Rodney McMullen
"Each day I'm inspired by the work our incredible associates do to bring to life our purpose, to Feed the Human Spirit. I am proud of our dedicated associates who are serving our customers when they need us most. Our top priority is to provide a safe environment for associates and customers and as the pandemic continues, we will continue to rise to meet the challenge.
Customers are at the center of everything we do and, as a result, we are...
ANALYSIS: Q4 Wing and Tender Performance Dependent on Price and Seasonality
It is certainly a relief to have our daily lives slowly returning to something we might recognize as normal. There is no doubt that is the case for...
Imports Spike as Economy Continues Recovery and Retailers Stock Up for Holidays
Imports surged to unexpected high levels this summer and may have hit a new record as the U.S. economy continues to reopen and retailers stock up for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“It’s important to be careful how much to read into these numbers after all we’ve seen this year, but retailers are importing far more merchandise for the holidays than we expected even a month ago,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Some of these imports are helping replenish inventories that started to run low after...
Bell & Evans Begins Construction On an Organic Chicken Facility
Premium poultry producer Bell & Evans began construction on a new 411,500 square foot, Organic-Certified Chicken Harvesting Facility in Fredericksburg, Pennsylvania. The first precast walls were placed in July, and the facility will be operational by late 2021. The project will cost the company approximately $330 million and double its current production capacity.
Bell & Evans produces 100% premium Raised Without Antibiotics chicken and Organic chicken, approximately 60% and 40% of its business, respectively. The additional capacity will allow Bell & Evans to continue expanding...
NotCo Closes $85 Million Series C Round and Announces U.S. Expansion
NotCo, a food-tech company in Latin America, has announced the closing of an $85 million Series C investment round, co-led by Future Positive. NotCo is a startup that utilizes proprietary technology that can match animal protein to its replacement among plant-based ingredients. NotCo has launched plant-based products including dairy, eggs, and meat. The company has launched NotMilk, NotBurger, NotIceCream, and NotMayo in Brazil, Argentina, and Chile. In less than three years it has become a fast-growing food-tech company in Latin America.
The new funding comes as the company announces scaled up operations and marks plans for international expansion leading with an entry into the United States, a promising market for its portfolio of products of plant-based food. The company will evaluate both...
Planterra Foods Launches Plant-Based Offerings for Foodservice Operators
At a time when foodservice operators are pivoting to counteract the world's health pandemic, menu innovation, and addressing consumer's evolving demands are more vital than ever. Innovative Colorado-based start-up Planterra Foods is answering the call and launching a line of OZO plant-based protein products for foodservice. The OZO foodservice line is now available in four plant-based offerings: burgers, ground, nuggets and breakfast sausage patties, catering to all dayparts.
The debut of OZO will elevate the protein possibilities that foodservice operators can feature on their menu to attract new customers and increase check averages. To support its partners during this recovery period and...
Walmart Now Piloting On-Demand Drone Delivery
Walmart's latest initiative has the company exploring how drones can deliver items in a way that is convenient, safe, and fast. Walmart is taking the next step in the exploration of on-demand delivery by announcing a new pilot with Flytrex, an end-to-end drone delivery company.
The pilot is launching in Fayetteville, North Carolina, and focuses on delivering select grocery and household essential items from Walmart stores using Flytrex's automated drones. The drones, which are controlled over the cloud using a smart and easy control dashboard, will help...
Impossible Foods Debuts in Canada as International Expansion Accelerates
Canada’s most reputable chefs are launching Impossible Foods’ flagship product at their restaurants from coast to coast.
In response to overwhelming demand, the Impossible Burger will become available later this year in a wide variety of additional restaurants and grocery stores nationwide -- but patrons of the country’s top restaurants can get an exclusive sneak peek for the next two weeks.
Starting today, Canadians can try the plant-based Impossible Burger in world-class restaurants by...
Costco Wholesale Reports August Sales Results
Costco Wholesale Corporation reported net sales of $13.56 billion for the retail month of August, the four weeks ended August 30, 2020, an increase of 15.0 percent from $11.79 billion last year.
For the 16-week fourth quarter ended August 30, 2020, the Company reported net sales of $52.3 billion, an increase of 12.7 percent compared to net sales of $46.4 billion during the similar period last year.
For the 52-week fiscal year ended August 30, 2020, the Company reported...
Eat Just Announces Retail Expansion for JUST Egg Product
Eat Just Inc. announced the largest expansion yet for its award-winning plant-based egg. By the end of the month, JUST Egg will be available at more than 17,000 points of retail distribution in the United States, a 40% increase and a testament to the breakout success of the pioneering product that launched nationwide last year.
Walmart will add the original 12-ounce pourable JUST Egg – perfect for scrambles, omelets, quiches, stir-fries and a variety of baking applications – to more than 1,900 stores coast-to-coast after it became a strong seller at hundreds of regional locations. About 900 Food Lion stores in the Mid-Atlantic and Southeastern U.S. and 170 Giant stores in Delaware, Maryland, Pennsylvania, Virginia and...
Retailer Introduces ‘Dark Store’ Focusing Solely on Online Grocery Shopping
Whole Foods is launching its first ‘dark store’ a facility that will solely operate to fulfill the Amazon-owned grocer’s online orders.
The store will not be open to the public, so customers cannot stroll in like a traditional grocery store. This new experiment follows the COVID-19 pandemic where online grocery ordering witnessed a significant uptick as customers were unwilling to risk a trip to pick up food.
According to USA TODAY, the new concept was in the works pre-COVID...
NRF Chief Economist Says Coronavirus 'Continues As a Shock' for Small Businesses
Data indicating that small business owners are increasingly pessimistic about the coronavirus shows the need for continued economic stimulus measures, National Retail Federation Chief Economist Jack Kleinhenz said today.
“The coronavirus continues as a shock to America’s small employers,” Kleinhenz said. “Small businesses are the backbone of American ingenuity and impact local economies in cities and towns across the country, but responses to recent surveys highlight the fragility of many small business enterprises and the importance of the need for well-tailored economic policy.”
“Just as a physician checks a patient’s pulse to measure the rhythm and strength of the heartbeat, small business is...
Dr. Praeger’s Introduces New Plant-Based Turkey Burger
Dr. Praeger’s Sensible Foods has introduced their newest meat-alternative patty — the Perfect Turk’y Burger.
The Perfect Turk’y Burger was created to have the look, taste, and texture of a turkey burger without the meat. Packed with 20g Pure Plant Protein and infused with carrots, sweet potatoes, and butternut squash, the Perfect Turk’y Burger is plant-based, gluten-free, soy-free and non-GMO project verified.
“At Dr. Praeger’s we’re always innovating and looking to create new products that fill the needs of our ever-evolving community,” said Dr. Praeger’s CEO Larry Praeger. “As the average consumer seeks out more options for...
Walmart Introduces New Membership Program
Walmart is launching a new membership program that brings together in-store and online benefits to save customers money and time: Walmart+.
Walmart+ uses the company’s unique assets to make life easier for busy families. Along with the power of its online presence, Walmart+ has the reach of more than 4,700 stores, including 2,700 stores that offer delivery as fast as same day. Members will receive unlimited free delivery from stores, fuel discounts and access to tools that make shopping faster for families. Membership will be available to...
New Study Finds Many Americans Going Plant-Based for Breakfast
Over half of Americans are eating fewer animal products since the COVID-19 pandemic began and nearly six in 10 find themselves transitioning to a more flexitarian, or semi-vegetarian diet, citing health as their top reason for making the change, according to a new survey conducted by market research firm OnePoll. The poll of 2,000 adults was commissioned by Eat Just, Inc., a company that applies cutting-edge science and technology to create sustainable foods, ahead of Better Breakfast Month, observed annually in September.
Nearly 60% of respondents in the national general population survey said they “strongly agree” or “somewhat agree” when asked whether their eating habits were increasingly shifting to plant-based, with 39% of participants 18-25 years old and 23% of participants 26-41 years old stating that...
Premium Brands Announces Acquisition of Global Gourmet Foods and Allseas Fisheries
Premium Brands Holdings Corporation, a leading producer, marketer and distributor of branded specialty food products, announced that it has acquired Global Gourmet Foods Inc. and signed an agreement to acquire Allseas Fisheries Inc.
Global Gourmet is one of Canada’s leading providers of ready-to-eat kettle cooked food solutions, including protein-based fillings, specialty sauces, soup bases and side dishes, to retailers and restaurants in Canada and...
Impossible Foods' Flagship Product Rolls Out at Sprouts Stores
Impossible Foods is rolling out its flagship product, Impossible Burger, starting this week at more than 350 Sprouts Farmers Market stores in 23 states.
Sprouts shoppers can find Impossible Burger in the frozen meat section of the store in convenient, versatile 12-ounce packages for the price of $9.99. The product is available for curbside pickup and delivery.
Impossible Burger is versatile in all ground meat recipes, including...
The Nature Conservancy, Cargill, McDonald’s and Target Unite to Invest in Beef Sustainability
The Nature Conservancy, McDonald’s, Cargill and Target are coming together to launch a new five-year, $8.5 million project aimed at working with Nebraska farmers to advance proven soil health practices to help mitigate greenhouse gas emissions and help farmers adapt to climate change. Overall, this effort has the potential to sequester 150,000 metric tons of carbon dioxide over the course of the project – equivalent to removing over 32,000 cars from the road in one year.
Nebraska is one of the top states for U.S. beef production and among the top three states for corn production, a key ingredient for cattle feed. This project will work with interested farmers to reach...
Beyond Meat Launches New E-Commerce Site
In an effort to make plant-based meat accessible to more consumers, Beyond Meat is launching a new e-commerce site and a whole new way to shop for Beyond Meat products. Featuring unparalleled access to a vast portfolio of signature plant-based meats, including all-new bulk packs, mixed product bundles, limited-time offers, trial packs and more, the direct-to-consumer site is a new and convenient way to experience Beyond Meat.
Available for order in the contiguous U.S., the online shop brings the plant-based meat directly to consumers doors, with...
Incogmeato Launches Partnership with Postmates to Bring a One-Bite Challenge to Plant-Based Skeptics
To celebrate National Burger Day on Aug. 27, Incogmeato by MorningStar Farms is issuing a simple challenge to flexitarian eaters in Dallas and Denver, and Twitter users nationwide – give Incogmeato's plant-based burger just one bite.
Sixty percent of Americans want to eat more plant-based but hesitate due to fears it won't taste as good as meat. Incogmeato is attempting to reassure flexitarians that its line of plant-based burgers, brats, sausage and chik'n nuggets look, cook and taste just like the real thing. To make overcoming first bite fears easy, Incogmeato is...
ANALYSIS: The Spread Between Wholesale and Retail Beef Prices
During the COVID-19, wholesale beef prices have moved through phases as the situation changed...
Lidl Unveils Plans to Add 50 New Stores and 2,000 New Jobs By the End of Next Year
Lidl US announced plans to open 50 new stores by the end of 2021. The stores will be located in Delaware, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia. Below is a full list of the new locations, which will bring Lidl’s total number of stores to more than 150.
Lidl will invest more than $500 million in the new stores and will create about 2,000 new jobs across these communities. Lidl offers a leading wages and benefits package that includes healthcare insurance for...
Jimmy Dean to Launch New Breakfast Products this Fall
Jimmy Dean, is bringing two new products to tables, counter tops and desks to enjoy this fall. Jimmy Dean Casserole Bites and Jimmy Dean Delights Breakfast Wraps will join the brand’s product portfolio, delivering new warm and satisfying breakfast options, no matter the morning routine.
“Breakfast plays a comforting role in people’s lives and daily routines, especially as many of us continue to navigate...
Impossible Foods Launches Impossible Burger Patties in Grocery Stores
Impossible Foods’ flagship product is now available in packages of two pre-formed, quarter-pound (4-oz) patties at nearly 2,000 grocery stores nationwide owned by Kroger.
Patty packs of the award-winning, plant-based Impossible Burger will begin rolling out this week at Kroger-affiliated stores, including Kroger, Ralphs, Fred Meyer, Mariano’s, Smith’s and more. Customers can find Impossible Burger patties in...
ANALYSIS: Taking a Look At the Spread Between Ribeyes and Strip Loins
Typically, ribs and loins follow the same sort of trend, and are largely sought after in the foodservice sector. This year, with the pandemic, there has been...
BJ’s Wholesale Club Adds Contactless Shopping Option with Launch of Curbside Pickup
BJ’s Wholesale Club announced the availability of contactless, curbside pickup at all BJ’s Wholesale Club locations to make it even more convenient for members to shop.
“It’s more important than ever to provide our members with a variety of convenient options to shop the club,” said Jeff Desroches, executive vice president, Club Operations Officer. “Our new, contactless curbside pickup service is another example...
Convenience Store Sales Growth Doubles Between 2019 and 2020
The pandemic has given an impressive boost to convenience store sales this year helping the market grow by more than double the rate achieved in 2019. According to the latest Mintel research, convenience sales will grow by almost 8% in 2020 - compared to the 3% achieved last year.
The significant increase in in-home food and drink experienced as a result of COVID-19 will see the convenience store market increase from £44.1 billion in 2019 to an estimated...
Whole Foods Market Forecasts Top 10 Food Trends for 2021
Lidl to Install Hospital Grade Air Filters in All U.S. Stores to Prevent Spread of COVID-19
Coronavirus Changing Eating Habits of Vegan, Vegetarian, and Flexitarian U.S. Consumers
Rabobank: Lack of Trade Deal Will Hit EU-UK Food and Agriculture Trade Hard
Meatless Farm Launches New Plant-Based Breakfast Product in Canada
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