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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



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


REPORTER: Beef Grocery Prices Higher as Inflation Spills Into Food Costs

This article was originally featured in the Fall 2021 Edition of Urner Barry's Reporter magazine.

If you have filled up your grocery cart at any point during the year, you may have experienced some sticker shock along the way. While retail beef prices are down from 2020 pandemic highs, when the second run on the supermarkets coincided with reduced slaughter from COVID-19 plant shutdowns, the USDA All-Fresh Beef Retail in June was the second highest on record. And the average through...

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Oct 11 8:40 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


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


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


REPORTER: Egg Retailers Shift Focus as They Adjust Through Effects of the Pandemic

The retail landscape has changed in the wake of the COVID-19 pandemic. Not only are consumers shopping more online for groceries than ever before, but issues relating to higher costs, labor shortages, and resurgent foodservice demand appear to be impacting the way retailers operate and what they feature. Eggs have long been used as a loss-leader—an item that is promoted close to or below cost in order to get people into a store. Not only do eggs have over a 90% market penetration...

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Oct 1 9:28 AM, Urner Barry


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


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


PERDUE® THANKSNUGGETS™ Are Back – and Now Available in Select Retail Stores Nationwide

Perdue is bringing back by popular demand its limited time only, PERDUE® THANKSNUGGETS™ just in time for the holiday. Last year it sold out online in record time, in less than three minutes. Now for the first time ever, the white breast meat with sweet potato-seasoned breading turkey nuggets will be available in retail grocery stores nationwide so everyone can get their hands on them this holiday season.

The limited-edition nuggets pair the No Antibiotics Ever turkey consumers love with sweet potato... 

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Sep 23 8:28 AM, General News


Kroger Chairman and CEO Rodney McMullen Delivers Opening Keynote at Groceryshop

The Kroger Co. Chairman and CEO Rodney McMullen took the stage in Las Vegas at Groceryshop, a leading U.S. event for the retail, grocery, and consumer packaged goods industries, for its annual conference during the opening keynote themed Kroger Delivers the Future of Grocery Shopping Now.

McMullen shared the company's continued focus on leading with fresh and accelerating with digital by leveraging its complementary assets to create innovative solutions for customers, a continually improving workplace for associates, and a more sustainable operation for the planet...

 

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Sep 23 8:25 AM, General News


Hormel Foods Shares Food Journey Progress in 15th Annual Corporate Responsibility Report

Hormel Foods Corporation today announced the launch of its 15th annual corporate responsibility (CR) report. The report contains in-depth information about the company's CR progress in fiscal 2020. In addition, the company has launched a new set of CR goals to guide its programs through 2030.

"Our commitment to making the world in which we live a better place has never wavered. We're proud that we surpassed our 2020 nonrenewable energy use, water use, solid waste sent to landfills and product packaging reduction goals, and achieved..."

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Sep 23 7:59 AM, General News


Zoglo's Incredible Food Corp. to List Products with FreshCo

Zoglo's Incredible Food Corp. is pleased to announce the listing of its IncredibleTM plant-based product line with FreshCo Ltd. ("FreshCo"), broadening its retail footprint in the Canadian market. All of Zoglo's IncredibleTM line which includes consumer favourites such as chicken strips, meatballs and burgers will be available in 96 FreshCo supermarkets across Ontario.

FreshCo, a subsidiary of Sobeys Inc., launched in 2010 with a focus to provide the best low-price grocery shopping experience by offering quality fresh food at low prices, in a bright, easy-to-navigate store and...

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Sep 22 8:32 AM, General News


Banza Teams Up With Beyond Meat® and Follow Your Heart® to Launch Two New Pizzas

Banza, the rapidly growing maker of chickpea-based comfort foods, today announced that two new varieties of its chickpea pizza are hitting shelves nationwide starting this month. Joining Banza's line of high-fiber, high-protein chickpea pizzas are Supreme, a spin on a traditional sausage pizza featuring Beyond Sausage® Italian Crumbles, and Plant-Based Cheese, a vegan pie made with Follow Your Heart® dairy-free cheese.

The new pizzas offer the same nutritional benefits as Banza's original pizza varieties — more protein...

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Sep 22 8:03 AM, General News


Lightlife Debuts Breakthrough National Campaign, ‘Simple Ingredients for a Full Life’

Lightlife®, owned by Greenleaf Foods, SPC, today unveiled a new integrated marketing campaign that illustrates the company’s belief in simple, delicious, plant-based food. The 30-second spots, aptly named “Thrive” and “Inside,” will air across a variety of television, online video and social channels in North America, and feature the distinctive voice of award-winning actor Awkwafina. Set against breathtaking nature scenes, the films encapsulate Lightlife’s ethos in living well, eating clean, and keeping things simple.

“At Lightlife, we believe that eating delicious, clean food and keeping..."

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Sep 21 1:00 PM, General News


This Week in Retail: Heat Lingers, but Grocers Look Towards Fall Demand

Heat continues to blanket much of the country in mid-September. Meanwhile, hurricane season is wreaking havoc along the eastern U.S. and Gulf Coast, with tropical storm Daniel being the latest system to rear its ugly head.

With some communities still reeling from the devasting damage of Hurricane Ida and others flooded by torrential rainfall from Nicholas, late-summer grilling plans are far removed from the priority list for many households. 

Meanwhile, the first day of fall is just under one week away. For retailers, the transition to autumn will mean increased consumer preference for fall favorites like roasts. Weather-permitting, tail gaiting at sports events as fans celebrate NFL season could prolong demand for grilling cuts while supporting popular game-time foods like wings.

Speaking of wing fanatics, the National Chicken Council recognizes September as National Chicken Month. Some grocers are advertising additional chicken cuts to encourage consumer spending on poultry. However, the number of chicken advertisements this week in Urner Barry’s survey was down from a week ago and was also below the last half of August...

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Sep 16 9:39 AM, UB Newswires


Zoglo's Incredible Food Corp. to List Products with Leading North American Retail Co-operative

Zoglo's Incredible Food Corp. is pleased to announce the listing of its IncredibleTM plant-based product line with Calgary Co-operative Association Limited, solidifying its retail footprint in the Alberta market. The entirety of Zoglo's IncredibleTM line which includes consumer favourites such as chicken strips, meatballs, and burgers will be available in all 22 Calgary Co-op. supermarkets in the Calgary metropolitan area.

Calgary Co-op. is one of North America's largest retail co-operatives with over 440,000 members. They ranked 8th in sales among all...  

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Sep 16 9:18 AM, General News


Veroni Launches a Brand-New Snack Line - To Make Back-to-School Season Easier

With its snacks full of flavor and protein, Veroni makes 'back-to-school' easier, fun, and healthy. The brand-new line of the beloved Italian cured meat maker is inspired by the traditional Italian "merenda". It comes in four pairing variations that combine Italian salami (mild and spicy), Provolone cheese, breadsticks, and dry fruits such as dried cranberries and dried apricots. The portable snacking trays can be easily packed in lunch boxes for kids, served as an after-school snack, or while on-the-go during...

 

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Sep 16 8:40 AM, General News


Whole Foods Market to Launch Just Walk Out Technology at Two Stores Next Year

Whole Foods Market announced today that it will open two stores featuring Amazon’s Just Walk Out technology as an option for customers. Located in Washington, D.C.’s Glover Park neighborhood and Sherman Oaks, California, the stores are expected to open next year.

Both stores will offer the high-quality, natural and organic products and locally sourced options that are found in all Whole Foods Market locations – but customers will have an option to skip the checkout line. Using Just Walk Out technology, customers can enter, shop...

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Sep 16 8:38 AM, General News


Amazon Announces Plans to Hire Over 7,500 Employees in Several Cities and Towns Across Arizona

Amazon continues to provide opportunities for full-time and part-time jobs in logistics as it expands its footprint to better serve in communities where they live. Today the company announced that it is providing an additional 7,500 local employment opportunities throughout Arizona on top of the 40,000 corporate and technology jobs recently announced. The roles in fulfillment and transportation offer an average starting wage of more than $18 per hour—and up to $22.50 per hour in some locations...

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Sep 16 8:35 AM, General News


Zoglo's Incredible Food Corp. Adds Consumer Packaged Goods Executive Bill Ivany To Board

Zoglo's Incredible Food Corp. is pleased to announce the addition of Bill Ivany to Zoglo's Board of Directors effective September 13, 2021.

Bill Ivany is a seasoned Food Industry executive with experience leading and overseeing sales, operations, and supply chain departments of international consumer packaged goods organizations and brands. Mr. Ivany has held multiple leadership roles with companies such as Melita Canada, Marsham International Food Brokers and Kehe subsidiary, Tree Of Life Canada, over his 35-year career.

"It is an honour to be serving on the..."

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Sep 15 8:33 AM, General News


Amazon Announces Plans to Hire 125,000 Employees in Hundreds of Cities and Towns Across America

Amazon continues to provide opportunities for full-time and part-time jobs in logistics as it expands its footprint to better serve customers in communities where they live. Today, the company announced that it is providing an additional 125,000 local employment opportunities throughout the U.S., on top of the 40,000 corporate and technology jobs announced earlier this month. The roles in fulfillment and transportation offer an average starting wage of more than $18 per hour—and up to $22.50 per...

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Sep 14 9:22 AM, General News


UNFI Names Steve Dietz as its New Chief Customer Officer

United Natural Foods, Inc. today announced the promotion of Steve Dietz to the newly created role of Chief Customer Officer (CCO) effective October 1, 2021. In this new role, Dietz will be responsible for overseeing UNFI’s sales efforts throughout the United States and Canada.

Dietz currently serves as UNFI’s President, Pacific Region, a position he’s held since 2018. As CCO, Dietz will support the region teams, driving business growth and helping ensure UNFI delivers on its long-term vision to transform the future of food. The sales regions include UNFI’s...

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Sep 14 9:01 AM, General News


Blue Apron Introduces Heat & Eat, its First Single-Serving Meals

Blue Apron is introducing Heat & Eat, the company’s first-ever prepared, single-serving meal offering, ready in five minutes or less. Heat & Eat meals were designed to give customers additional flexibility to enjoy Blue Apron at different occasions throughout the week without sacrificing quality or flavor for convenience.

“A core pillar of our growth strategy is product innovation and efficient menu expansion with a goal of better integrating into our customers’ lives,” said Linda Findley Kozlowski, Blue Apron’s President and Chief Executive Officer. “The addition of Heat & Eat meals to..."

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Sep 13 9:41 AM, General News


Zoglo's Incredible Food Corp. Appoints Consumer Retail Industry Veteran as Board Chairman

Zoglo's Incredible Food Corp. is pleased to announce the appointment of Paul Del Duca as Chairman of the Board replacing incumbent David Sugarman who will be stepping down for personal matters.

Paul Del Duca is a consumer retail industry veteran with a career spanning over 40 years in leadership roles with A&P Canada, Dominion Stores, Metro Inc., Sobeys Canada, Walmart Canada, and Wilson's Transport. By applying an informed, multilateral approach, he has led multiple teams, businesses, and corporations to successful, measurable results. Del Duca has also...

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Sep 13 9:34 AM, General News


Meat District Launches "Shaq" Burgers in Retail Stores Nationwide

Meat District's "SHAQ" 2-lb burger pack created in partnership with basketball legend and Hall of Famer Shaquille O'Neal has officially hit shelves at Stater Bros., Food Lion, SEG, Hyvee, Dierberg's, Publix and Ralphs. The collaboration is Meat District's latest addition to its line of mouth-watering butcher-crafted, premium burgers that are perfectly seasoned and ready to cook.

"We worked closely with Shaquille to create a product that would wow fans and we are both really proud of the 'Shaq' burger!," said Meat District's COO Zack Levenson...

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Sep 13 8:29 AM, General News


Three Reasons Retailers Want to Become Tech Platforms

Kroger’s proprietary “Customer Fulfillment Center” (CFC) concept is one example of a retailer acting as a tech platform.

More retailers are attempting to transform themselves into full-fledged technology platforms, with good justification.

I recently wrote on a column on signs that Instacart wants to join major technology providers such as Amazon, Apple, Google and Facebook by evolving into a broadly-based tech platform. While I still stand behind that column, Instacart is hardly alone in what appear to be its technology ambitions.

Other retailers, including (but not limited to)...

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Sep 10 1:43 PM, General News


Natural Grocers® Officially Introduces The Good4u Meal Deal Program 

Showcasing that eating healthy does not need to be expensive and reflecting its Founding Principles to provide its communities with groceries that are healthy, high quality and affordable, Natural Grocers officially introduces the addition of its Natural Grocers good4uSM Meal Deal program. As part of its broader effort to fight food insecurity, the Natural Grocers good4u Meal Deals were introduced in April 2020 to provide customers with simple, affordable, and nutritious recipes for themselves and their families. The program has evolved into a mainstay for the organic and...

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Sep 10 9:20 AM, General News


This Week in Retail: NFL Season Kicks Off, Boosting Protein Demand

The unofficial end of summer is in the rearview mirror and the National Football League season kicks off today with a game between the Dallas Cowboys and Tampa Bay Buccaneers. Football viewing parties along with tailgating provide additional opportunities for consumers to gather and celebrate game day with finger foods and protein-centric meals like burgers, hot dogs, ribs, and of course—wings. Football season increases foot traffic at both the meat case and prepared foods sections in the supermarket as eager fans stock up on favorites while cheering for their teams. 

While pumpkin-flavored everything is already making headlines, many parts of the country are still enjoying warm weather. Some households may continue to barbeque outdoors, aiding in prolonged support for grilling cuts in the near term...

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Sep 9 9:45 AM, UB Newswires


Tyson Foods Unveils Hillshire Farm® SNACKED! to Meet Growing Demand for Kids Snacking

Tyson Foods, one of the world's leading protein producers, is taking on the $1 billion kids refrigerated, pre-packaged snack category with a new kids snack - Hillshire Farm® SNACKED! Building upon its powerhouse portfolio of protein brands and success in adult snacking, Hillshire Farm SNACKED! will give parents a versatile, on-the-go snack pack made with quality, trusted ingredients – made just for kids.

More than 76% of people, including children, eat two or more snacks every day. And when it comes to snack...

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Sep 9 9:37 AM, General News


Campbell's® Chunky® Debuts New Campaign: Lunchtime Is Your Halftime

Since 1997, Campbell's® Chunky®, the Official Soup Sponsor of the NFL, has partnered with numerous, high-profile NFL players and their moms. To kick off the 2021 NFL season tonight, Chunky will officially launch its latest nationwide advertising campaign, "Lunchtime Is Your Halftime," featuring Head Coach Sean McVay of the Los Angeles Rams. This marks the first time a coach has starred in a Chunky spot, as the brand has also featured Chunky Mama's Boys and the regular everyday Champions of Chunky.

In an effort to continue...

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Sep 9 9:32 AM, General News


Zoglo's Incredible Food Corp. Adds Canadian Food Industry Icon David Jeffs to Board of Directors

Zoglo's Incredible Food Corp. is pleased and honoured to announce the addition of Canadian Food Industry expert, David Jeffs, to its Board of Directors.

David Jeffs has enjoyed a 28-year career with Loblaw Companies Limited fulfilling numerous senior level positions, including President, Westfair Foods, and Executive Vice President, Loblaw Companies - National Retail. David has spent his most recent years leading major efforts with the Perennial Group of Companies, the Performance Sports Group, US Foods, and Sobeys Inc. He is also currently active in...

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Sep 9 8:38 AM, General News


Walmart and Meredith Corporation Partner To Help Answer the Question: ‘What’s for Dinner?’

Walmart Inc., the No. 1 U.S. retailer and world’s largest grocer, today announced a cross-platform partnership with Meredith Corporation, the leading multi-platform media company reaching nearly 95% of women in the U.S., to help millions of busy families plan and prepare meals faster and more easily through AI-powered meal planning, shoppable recipes, visual search, chatbots, and more. The partnership pairs Meredith’s expertise in food content, hyper-local consumer insights and proprietary technology platform with Walmart’s wide customer reach, omnichannel presence, deep product assortment, convenient...

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Sep 9 8:36 AM, General News


CHKN Not Chicken Announces Series A Funding to Accelerate Retail and Food Service Distribution

CHKN Not Chicken, the plant-based chicken alternative announced today the closing of a Series A round of funding led by Stray Dog Capital. The company will leverage the financing to launch its product assortment into retailers across the U.S. and expand partnerships with Quick Serve and Casual Dining restaurants to bring plant-based chicken products to the food service channel. This launch is the culmination of two years of research and development of its proprietary extrusion, flavor-infusion, and enrobing technology that allows...

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Sep 9 8:36 AM, General News


USDA Invests $700 Million in Grants to Provide Relief to Farm and Food Workers Impacted by COVID-19

Agriculture Secretary Tom Vilsack today announced that $700 million in competitive grant funding will be available through the new Farm and Food Workers Relief (FFWR) grant program to help farmworkers and meatpacking workers with pandemic-related health and safety costs. The announcement was made in press call with United Farm Workers Foundation Executive Director Diana Tellefson Torres and United Food and Commercial Workers International President Marc Perrone. Additionally, to recognize the essential role and costs borne by front-line grocery workers, $20 million of this amount has been set aside for at least one pilot program to support grocery workers and test options for reaching them in the future. The new program is funded by the Consolidated Appropriations Act of 2021 and is part of USDA’s Build Back Better efforts to respond and recover from the pandemic.

The program will provide relief to farmworkers, meatpacking workers, and front-line grocery workers for expenses incurred due to the COVID-19 pandemic. This relief is intended to defray costs for reasonable and necessary personal, family, or living expenses related to the COVID-19 pandemic, such as...

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Sep 8 9:11 AM, General News


Impossible Foods Launches Chicken Nuggets Made From Plants

Impossible Foods announced the launch of its newest product – Impossible Chicken Nuggets Made From Plants – marking a major milestone in consumers’ preference for plant-based products.

Now available through major foodservice distributors, Impossible Chicken Nuggets will appear today on the menus of top chefs across the country, including at David Chang’s fried chicken concept Fuku in New York City; Marcus Samuelsson’s comfort food eatery Red Rooster in Harlem and Miami; Sean Brock’s fast-food tribute Joyland in Nashville; Tal Ronnen’s Los Angeles hotspot Crossroads Kitchen; and...

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Sep 8 8:24 AM, General News


Walmart Driving Regeneration in Agriculture

In 2016, Walmart announced our commitment to sustainably source at least 20 key commodities by 2025. Building on that work, in 2020, we embarked on our journey to go beyond sustainability and become a regenerative company, dedicated to placing nature and humanity at the center of our business.

Regeneration means restoring, renewing, and replenishing, in addition to conserving and sustaining. And as part of that aim, we have committed to protect, manage or restore at least 50 million acres of land by 2030. Across our business, associates have been working with our suppliers and...

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Sep 7 8:36 AM, General News


This Week in Retail: How the Ads Stack Up for Labor Day

Labor Day weekend is a stone’s throw away and retailers are spotlighting popular grilling items as we approach the final weeks of summer. 

Beef reigns number one in circular ad space this week with 28.6 percent of total feature volume, followed by seafood with 25.5 percent. Pork surpasses chicken for third with 24.3 percent. Chicken claimed 17.1 percent.

In the beef complex, 80% lean ground beef is on feature for an average of $3.19 per pound, down from $3.25 per pound last year. 80% lean ground beef is the only item in the beef complex displaying lower YOY feature prices this week. Top round London Broil, a favorable choice for grillling, is featured at $4.16 per pound, 27.2% above a year ago. The steak complex currently averages $8.70 per pound, nearly one dollar more per pound versus last year. T-bone and top sirloin are heavily advertised this week and their feature prices average about 23% and 8%, respectively, above 2020...

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Sep 3 8:39 AM, UB Newswires


ANALYSIS: Pondering the Potential of Frozen Hens

Now that August is in the rearview mirror, and with very little standing in the way between now and Thanksgiving, turkey market participants can’t help but speculate over the future price potential of whole-body birds...

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Sep 2 8:44 AM, Urner Barry


Amazon Expands Hampton Roads Investment with a Career Center and Two New Delivery Stations

Amazon continues its investment in the Hampton Roads area with the launch of a Career Center and two delivery stations. The Amazon Career Center, located at 1989 S. Military Highway in Chesapeake will serve as a hiring and orientation hub for the company’s operations facilities in Chesapeake, Suffolk, Norfolk, Hampton, and Virginia Beach. Additionally, the company is excited to announce the opening of two delivery stations in the Hampton Roads area, a 165,000 square foot facility at 1400 Sewells Point Road in Norfolk and a 111,600...

 

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Sep 1 10:29 AM, General News


Nabati Foods Launches Plant-Based Liquid Eggs in the U.S.

Nabati Foods Global Inc., a plant-based food technology company offering whole, natural, plant-based foods for consumers, is launching Nabati Plant Eggz™, its plant-based liquid egg product, in the United States, on August 30, 2021.

The product is available online at Nabati.ca for $6.99 (USD) and is also available as part of VegNews’ deal of the week. The deal includes two bottles of Nabati Plant Eggz™ and two bags of Nabati Cheeze (one mozzarella style and one cheddar style), which can be purchased for...

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Sep 1 8:33 AM, General News


Kroger Releases 2021 Environmental, Social and Governance Report

The Kroger Co. released its 2021 Environmental, Social and Governance (ESG) report, sharing its new long-term ESG strategy and framework to benefit people and the planet, and to help create a more resilient, equitable food system for tomorrow.

"As a grocery retailer, Kroger is committed to advancing positive impacts for people and our planet and to creating more resilient global systems," said Rodney McMullen, Kroger's chairman and CEO. "Even throughout a difficult year, our team continued to make progress on our goals while still playing a key role in providing fresh food and essential goods to our communities. Through our Zero Hunger | Zero Waste social and...

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Aug 30 8:32 AM, General News


This Week in Retail: The Value of Labor

Labor Day – a holiday to honor the American labor movement – is a little over one week away. The invaluable contributions made by our nation’s workers warrants special recognition this year as nearly all sectors face widespread labor shortages during these unprecedented times.

These days ‘Help Wanted’ signs are commonplace and many restaurants have pared down their menu offerings in response to tight supplies. The retail landscape across nearly all proteins has been shaped by labor and processing constraints as some grocers struggle to secure enough product. Retail prices for several red meat, poultry, and seafood items this week continue to trend above 2020 levels.

Labor Day ads will be in full view next week and retailers will promote popular grilling items like pork chops, ribs, and steak. Grocers are also prepping for an influx of...

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Aug 27 8:41 AM, UB Newswires


PLANT PROTEIN: Get to Know Players in the Plant Protein Market: Barvecue 

‘Plant-based’ and ‘barbecue’ may not go hand in hand yet, but a bold and tight-knit team of innovators are making changes in the barbecue belt. "In September, we will open the world's largest plant-based smokehouse, Barvecue's Carolina Smokehouse," says Lee Cooper, founder, and CEO of Barvecue. Since its inception in 2017, Barvecue has been a family affair, nestled in the lush greenery of North Carolina developing plant-based barbeque meats. The mission? “To create the best tasting plant-based barbecue on the market while building a company that cares about people, animals, and the planet," says Cooper.

Barvecue offers chopped and pulled plant-based barbecue meat, lovingly smoked using a fragrant blend of local woods. The chopped Barvecue variety is gluten free while the pulled is not, and both varieties are...

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Aug 27 8:40 AM, Plant Protein


ANALYSIS: Pondering the Potential of Chicken Wings and Boneless Breasts

Chicken market participants and football fans alike are on the edge of their seats as we inch closer towards the first kickoff of the year...

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Aug 27 8:40 AM, Urner Barry


New Acosta Report Details the Evolving Impact of COVID-19 on Consumer Behavior

Acosta, a global integrated sales and marketing services provider in the consumer packaged goods (CPG) industry, today released its latest COVID-19 Shopper Insights report, COVID-19 Shopper Insights: Which Habits Are Sticking? The report examines pandemic-related shopping behaviors that are continuing to impact the CPG industry as COVID-19 evolves. According to Acosta's research, about 45% of consumers have increased their online grocery shopping and reduced trips to traditional CPG channels since pre-pandemic, indicating convenience and safety remain important considerations for consumers.

"COVID-19 has significantly impacted consumer behavior and accelerated trends we were seeing prior to March 2020," said Colin Stewart, Executive Vice President, Business Intelligence at Acosta. "While many believe we're headed towards normalcy, it is highly likely that...

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Aug 26 8:27 AM, General News


Beef Quarterly Q3 2021: Déjà Vu Argentina

In May this year, the Argentine government imposed a 30-day suspension on beef exports. After those 30 days, new limitations were placed on the volume and type of beef that could be exported. In our feature article, we look at what impact this will have on the Argentine beef industry and the global market.

Covid-19

Global confirmed case numbers began rising again in mid-June, after falling from a peak in late April. Numbers in Europe, the Eastern Mediterranean region, Africa, and the Western Pacific region have seen large rises. Food retail figures remain strong, and foodservice sales were still...

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Aug 26 8:26 AM, General News


Golden State Foods Appoints Justin Vannoy as Corporate Vice President and President, Liquid Products

Golden State Foods announced the appointment of Justin Vannoy as GSF corporate vice president and president, Liquid Products North America (LPNA). Based in Conyers, Georgia, Vannoy will lead the planning and execution of a strategic business plan to satisfy GSF's financial and operational objectives, including customer growth, product quality, food safety, associate safety, and succession planning. His role will also focus on broadening the capabilities, technologies, and markets in which...

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Aug 25 8:24 AM, General News


Walmart Launches Walmart GoLocal, a New Delivery as a Service Business

Walmart announced the creation of a new line of business – Walmart GoLocal – that extends its expertise in delivering goods to customers to businesses of all sizes.

“In an era where customers have come to expect speed and reliability, it’s more important than ever for businesses to work with a service provider that understands a merchant’s needs,” said John Furner, president and CEO, Walmart U.S. “Walmart has spent years building and scaling commerce capabilities that support our network of more than 4,700 stores and we look forward to helping..."

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Aug 25 8:23 AM, General News


AYO Foods Expands as West African Favorites Now Available at Kroger Locations Nationwide

AYO Foods, a premium frozen food brand delivering an authentic and delicious line of West-African inspired cuisine, today announced that its products are now available across the U.S. at Kroger, and Kroger owned banners nationwide. Kroger will be carrying some of the company's most popular offerings including Jollof Rice, Puff Puff, and two recently launched items in partnership with Bravo TV's Top Chef, Eric Adjepong, Chicken Yassa and Waakye. The company's new partnership with Kroger, along with a growing body of fast-growing regional grocers like...

 

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Aug 24 8:52 AM, General News


Online Grocery Shoppers are Willing to Pay Double the Fee to Improve Delivery Time by One Hour 

The long-held assumption that speed is the most important online delivery factor for e-commerce customers is upended by new research released in an article today by MIT Sloan Management Review. During the early COVID-19 lockdowns, committing to a speedy delivery seemed particularly important. Now, as many consumers emerge from the pandemic, they care more about being able to select a specific delivery day and a precise delivery time when it's convenient for them to take in their groceries.

A new analysis finds that a grocery customer is willing to wait 10.8 hours longer for a delivery if the delivery window is one hour shorter, and will wait an additional 7.5 hours longer if the delivery can be...

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Aug 24 8:38 AM, General News


SpartanNash Promotes Tyler King to VP, Finance

Grocery retailer and distributor SpartanNash today announced Tyler King has been promoted from Senior Director to Vice President, Finance and Finance Business Partner for the Company’s retail business segment.

In his new role, King will serve as an advisor for the retail business segment, led by Executive Vice President and General Manager, Corporate Retail Tom Swanson. King will provide strategic insights to support SpartanNash’s 148 retail stores in attaining financial goals and company objectives. King will report to EVP and Chief Financial Officer Jason Monaco.

“Tyler’s experience in delivering strong company financials has..."

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Aug 23 10:08 AM, General News


Surging Delta Variant Continues to Impact the Way Consumers Shop

Just as normalcy appeared to be on the horizon, surges of COVID-19 cases brought by the Delta variant are once again leaving many Americans in fear of what’s to come. Thirty percent of shoppers are more worried about COVID as Delta cases continue to rise, and 40 percent report feeling the same level of discomfort as they did one month ago. Of those concerned Americans, 43 percent report that the Delta variant is impacting the way they shop, and nearly half (47 percent) are more worried about shopping...

 

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Aug 23 8:33 AM, General News


SpartanNash Announces Second Quarter Fiscal 2021 Financial Results

SpartanNash Company reported financial results for its 12-week second quarter ended July 17, 2021.

Second Quarter Fiscal 2021 Highlights

- Net sales of $2.11 billion declined 3.6% from prior year quarter net sales of $2.18 billion, due to the prior year’s increased consumer demand related to the COVID-19 pandemic.
- Retail comparable store sales declined 2.7% for the quarter. Comparable store sales increased by 12.1% on a two-year basis, representing sequential improvement on a quarterly basis.
- EPS was $0.47 per share and adjusted...


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Aug 20 8:20 AM, General News


This Week in Retail: Prepping for Labor Day; Pork and Beef Indices Forge Record Highs  

Labor Day weekend – a symbolic end of summer – is sadly within reach for families scrambling to fit in one last vacation before school resumes. For some college students, the fall semester has already begun. Among retailers, the Labor Day holiday is widely viewed as the last major grilling weekend of the year.

Grocery stores could see an uptick in foot traffic as parents restock on school staples like breakfast and lunch foods. Typically, aside from back-to-school demand and Labor Day grilling opportunities, the meat case takes a back seat in mid to late August. This year, however, beef and pork appear well-positioned to remain in the spotlight despite a traditional period of seasonal... 

 

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Aug 19 10:15 AM, UB Newswires


July Retail Sales Slow Amid Tight Supply Chain but Demand Continues

Retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending from goods to activities like going out to dinner and traveling despite the delta variant, the National Retail Federation said today.

“July retail sales showed slight deceleration in spending, but nothing to derail our outlook for a record year,” NRF President and CEO Matthew Shay said. “Though the delta variant is presenting health challenges while supply chain disruptions along with unfilled job openings are presenting..."

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Aug 18 8:35 AM, General News


Jollibee Foods Corporation Supports Expansion and Commitment to Quality with HACCP and Digi®

SmartSense by Digi®, part of Digi International - a leading global provider of Internet of Things (IoT) connectivity solutions - today announced that Jollibee Foods Corporation (JFC) North America has amplified its commitment to the highest standard of quality as it rapidly expands its footprint with digital HACCP and temperature monitoring solutions from SmartSense by Digi®. Now deployed in more than 100 retail locations across the U.S. and Canada, state-of-the-art sensors and digital task management tools from SmartSense by Digi ensure the highest quality...

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Aug 18 8:34 AM, General News


Wegmans Announces Promotion of Nicole Wegman to President of Wegmans Brand

Wegmans announced Nicole Wegman, Senior Vice President of Wegmans Brand, has been promoted to the new role of President of Wegmans Brand.

“Our mission is to help people live healthier better lives through exceptional food,” said Danny Wegman, chairman. “The innovation we’re able to bring to life through our trusted brand enables us to deliver on that mission. Nicole is leading this effort across our company to ensure we only bring the very best to our customers.”

Nicole joined Wegmans in 1989 and has served as Senior Vice President since 2017...

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Aug 17 3:54 PM, General News


Real Good Foods Expands Frozen Entrée Offerings at Kroger Stores Nationwide

The Real Good Foods Company, a high growth brand in frozen food, announced today the launch of seven new frozen, high protein, low carb, grain free, gluten free entrées in approximately 1,500 Kroger stores nationwide. These tasty offerings are made with real ingredients that allow consumers to stay on track with their health and wellness goals while also bringing convenience to every lifestyle.

"We are delighted with this expansion of approximately 10,000 points of distribution in Kroger stores and Kroger owned banners," said Bryan Freeman, Executive Chairman of...

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Aug 17 9:04 AM, General News


Albertsons Companies Bring Grocery Shopping Through a Suite of New Revolutionized Digital Offerings 

Albertsons Companies has set out to reintroduce themselves to shoppers through new and refreshed offerings that make the grocery shopping experience more enjoyable and convenient. Today the company unveiled three new innovations: the launch of the free Deals & Delivery app, their new “Albertsons for U” shopper loyalty program and FreshPass™, their exclusive unlimited grocery delivery service with member-only perks.

“We have been working hard to revolutionize Albertsons Companies’ digital offerings and enhance all aspects of the food experience and journey,” said Chris Rupp, EVP...

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Aug 17 8:38 AM, General News


Lean Cuisine Introduces Six New Recipes at Retail

Known for creating comfort-inspired recipes that help you meet your goals, Lean Cuisine® is introducing six new entrees.

New Lean Cuisine recipes include two High Protein Bowls featuring oven fried chicken. Just like fast casual menu items, these bowls contain white meat chicken that is blasted with superheated air for that 'air fried taste' – making the chicken extra crispy and juicy.

Additionally, new Lean Cuisine Cauli' Bowls™ feature pasta made with cauliflower. From Mac and Cheese to Creamy Tomato Vodka Pasta, consumers can...

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Aug 17 8:28 AM, General News


Zoglo's Incredible Food Corp. to List Its New Product Line with Walmart Canada

Zoglo's Incredible Food Corp. announced that it will be listing its plant-based food products from its new Incredible product line in select Walmart Canada locations across the country.

Founded in 1994, Walmart Canada is part of Walmart Inc.'s International portfolio, with 408 retail locations including...

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Aug 17 8:27 AM, General News


Meatless Farm Offers Plant-Based Burger on Chefs Plate’s Menu, Expanding Availability

Meatless Farm today announced the launch of its plant-based protein option on Chefs Plate’s menu. Effective today, consumers across Canada are able to select the Meatless Farm patty as a recipe option with Chefs Plate, marking the first time the meal kit company has offered plant-based substitutions on its weekly menu.

Meatless Farm is featured in the Naked Veggie Cheeseburger meal option for its first week, with many recipes to come including Loaded Sweet Potatoes, Korean Bowls, Skillet Mexican Bowls and more. This represents an exciting...

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Aug 16 9:11 AM, General News


Nature Zen to Launch Their Plant-Based Protein on the US Market

Health and organic sections in conventional supermarkets and general food stores have never been so abundant. Year after year, the number of shelves proposing organic and animal free alternatives is increasing. We are now living in a new era where even top restaurants in New York City have completely converted their menus to adopt this new lifestyle that is vegetarian or vegan, preferring organically grown, eco-friendly, plant-based foods … today’s new must for the benefit of mind and body, when eating...

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Aug 16 8:27 AM, General News


Publix Introduces GreenWise Private-Label Plant-Based Burgers and Tenders

In response to increased customer demand for more plant‑based protein options, Publix is launching the company’s first pea-based chickenless tenders and meatless burger patties. The GreenWise Chickenless Tenders, arriving in stores this week, and the GreenWise Meatless Burger, released in April, offer the texture and taste of meat while providing 11 and 19 grams of plant-based protein, respectively. As an added benefit for customers with food sensitivities, both new products are nondairy and soy- and gluten-free. The company also currently offers a traditional black bean burger...

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Aug 13 8:00 AM, General News


This Week in Retail: Tight Supplies, Stellar Protein Demand; A Case of Déjà Vu?

August is flying by and retail ads are beginning to shift from grilling staples to tailgating must-haves as retailers highlight NFL preseason. Consumer demand for beef, pork, and chicken has remained stellar leading up to the fall, and tight supplies across most protein items may continue to keep retail prices elevated.

This week in retail we look at the situation surrounding the poultry and red meat complex, which continues to be influenced by the pandemic and ongoing logistical challenges. 

This time last year, retail prices were higher for many protein items amid efforts to reopen food service and dining capacity across the nation. The situation in August 2021 appears to be a case of déjà vu as retail prices, for beef and pork, in particular, trend higher than year-ago levels. The Delta variant is fueling volatility in the marketplace and re-emerging patterns of panic-buying are becoming increasingly likely. 

A year ago, seafood and beef features...

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Aug 13 7:43 AM, UB Newswires


Impossible Sausage Made from Plants Arrives in Home Kitchens

Impossible Foods announced that Impossible Sausage Made From Plants is launching in retail stores for the first time in a ground sausage form. Available in two flavors - Savory and Spicy - Impossible Sausage will be rolling out in Kroger, Ralphs, King Soopers, Fred Meyer, Safeway, Albertsons, Wegmans, Stop & Shop, Hannaford, Giant Martin’s, Giant Food, Sprouts Farmers Market, and Heinen’s and many more retailers across the country.

Impossible Sausage was introduced as the company’s first all-new product since the Impossible™ Burger debuted in 2016. Sausage went on the menu at the 30 Top American Diners as chosen by Yelp, and Jamba® most recently followed with...

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Aug 12 8:32 AM, General News


Tattooed Chef Launches New Innovation Items at Sprouts Farmers Market

Tattooed Chef, Inc., a leader in plant based foods, announced it has launched four entrée bowls including two new flavors at Sprouts Farmers Market in approximately 340 stores.

The four entrée bowl flavors are now available to Sprouts Farmers Market shoppers, including the new Buffalo Cauliflower Mac & Cheese Bowl and Spicy Thai Bowl...

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Aug 11 3:12 PM, General News


Sharon McCollam Returns to Retail as Albertsons Companies New President and Chief Financial Officer

Albertsons Companies today announced that Sharon McCollam will join the Company on September 7, 2021, as its President and Chief Financial Officer reporting to Vivek Sankaran, Albertsons Cos. Chief Executive Officer. McCollam will succeed Bob Dimond, who will be retiring and will remain with the Company as an advisor through February 2022 to ensure a seamless transition.

McCollam, 59, retired from Best Buy in 2016 where she served as Executive Vice President, Chief Administrative and Chief Financial Officer. She is broadly recognized as the...

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Aug 11 8:29 AM, General News


Life Cuisine Launches Ten New Recipes Inspired by Modern Ways of Eating

Life Cuisine is introducing exciting new recipes across a variety of formats with innovative ingredients, lifestyle options like cauliflower bites, gluten free pasta, single-serve cauliflower crust pizza, piadas and more.

One of the latest brands from Nestlé, Life Cuisine delivers delicious food made with nutrients and ingredients that help you thrive. Recipes are inspired by four popular ways of eating: high protein, meatless, gluten free and low carb lifestyle. With a variety of offerings for any time of day, Life Cuisine provides thoughtfully created recipes designed for...

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Aug 9 2:39 PM, General News


Retail Cargo Expected to Set Record in August as Merchants Move from Back-to-School to Holiday Prep

Imports at the nation’s largest retail container ports should hit yet another record in August as consumer demand continues to stretch supply chains and retailers shift from the back-to-school season to the peak shipping season for winter holiday merchandise, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

“Back-to-school supplies have been hit by the same supply chain disruptions and port congestion that have affected"...

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Aug 9 8:23 AM, General News


ANALYSIS: Jumbo Chicken Wings: A Countdown to the Coin Toss

With the first kickoff of college football season practically at our doorstep, the topic of chicken wings has begun to weave its way into market related conversations.

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Aug 9 8:23 AM, Urner Barry


Beyond Meat Reports Second Quarter 2021 Financial Results

Beyond Meat, a leader in plant-based meat, reported financial results for its second quarter ended July 3, 2021.

Second Quarter 2021 Financial Highlights

- Net revenues were $149.4 million, an increase of 31.8% year-over-year.

- Gross profit was $47.4 million, or gross margin of 31.7% of net revenues.

- Net loss was $19.7 million or $0.31 per common share. Net loss as a percentage of net revenues was...

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Aug 9 8:22 AM, General News


Zoglo's Incredible Food Corp. Partners with Tree of Life Canada to Expand Distribution Across Canada

Zoglo's Incredible Food Corp. announced that it is partnering with Tree of Life Canada ("TOL") to provide distribution and sales services to bring Zoglo's range of 100% plant-based food products to retailers and food service outlets across Canada.

Acquired in 2010 by Chicago-based KeHE Distributors, TOL services health conscious Canadian consumers living a wholesome, healthy and ethically responsible lifestyle with a retail sales team of over 140 individuals, including...

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Aug 6 8:21 AM, General News


Instacart Announces Consumer Technology Veteran Carolyn Everson is Joining the Company as President

Instacart announced it has appointed Carolyn Everson as President, effective September 7, 2021. Everson brings with her a 30-year proven track record of leading at-scale, global consumer technology teams with a focus on growing global partnerships, industry-leading business development and pioneering advertising platforms. As President, Everson will oversee Instacart's Retail, Business Development and Advertising businesses, as well as the company's People, Policy & Government Affairs, Legal, Partnerships, Instacart Pickup and Care teams. Everson will report directly to Instacart's Chief Executive Officer Fidji Simo. Everson will succeed current President Nilam Ganenthiran, who has been appointed to a new senior leadership position - Strategic Advisor to the CEO - also reporting directly to Simo.

"I've had the privilege of working with Carolyn for a decade and know just how lucky we are to have her leadership and talent at Instacart. Carolyn's an industry legend, best known for...

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Aug 6 8:19 AM, General News


This Week in Retail: The Outlook for August

The dog days of summer will soon be behind us and below normal temperatures are already starting to materialize in the areas spanning the central Plains to the East Coast. This week is retail, we delve into the supply and demand landscape that will impact retail meat prices in August.

As more moderate temperatures begin to arrive, grocers will begin to shift their attention to back-to-school needs by featuring items used in lunches and snacks. These items typically include easy-to-prepare frozen meals like pizza along with deli meats.

Retailers will also begin to promote breakfast foods like eggs. In addition, retailers will be focusing on dinnertime staples since families tend to sit down together for...

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Aug 5 10:16 AM, UB Newswires







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