Search:

The search returned 62 results.

Start:    End:       Search Title?    Search Article?    Search Tags?
YOUR SEARCH RESULTS:






























































SpartanNash Announces Second Quarter Fiscal 2020 Financial Results

SpartanNash Company reported financial results for its 12-week second quarter ended July 11, 2020.

Second Quarter Fiscal 2020 Highlights

  • Net sales growth of 9.4% to $2.18 billion from $2.00 billion in the prior year quarter, representing the seventeenth consecutive quarter of growth.
  • Retail comparable store sales of 17.1% were positive for the fourth consecutive quarter, representing a continuation of trends driven by increased consumer demand related to the COVID-19 pandemic.
  • EPS of $0.80 per share, compared to...
Full Story »
Aug 13 4:01 PM, General News



Kroger Ship to Integrate a Marketplace this Fall

The Kroger Co. announced Kroger Ship will expand to offer an extended ship-to-home assortment through a marketplace offering of third-party sellers powered by Mirakl, the leading software platform enabling B2C and B2B digital marketplaces.

"Our customers are increasingly turning to our e-commerce solutions provided at Kroger.com for their grocery and household essential needs. To better serve our customers, we're continuing to invest in technology that enables us to expand our digital services to deliver anything, anytime, anywhere," said Jody Kalmbach, Kroger's group vice president of product experience. "Leveraging Mirakl's best-in-class marketplace solution, we are...

Full Story »
Aug 13 8:21 AM, General News


PODCAST: The Grocerant Guru - Steve Johnson, An Expert on Innovative Distribution in the New Normal

What can protein producers be doing to get product into new and innovative channels? Laura sat down with Steve Johnson, the Grocerant Guru, to discuss just that. With extensive research and experience with ever-changing consumer trends, Steve shares his recipes for success...

Full Story »
Aug 12 11:38 AM, Urner Barry


Feltman's of Coney Island Debuts At Publix Super Markets Across Southeast U.S.

The original American hot dog, Feltman's of Coney Island (est. 1867), has launched at 1,190 Publix Super Market locations across FloridaGeorgiaAlabamaSouth CarolinaNorth CarolinaVirginia, and Tennessee.

In Feltman's biggest supermarket retail launch to date, the small veteran-owned and operated hot dog company has debuted a new 12.8 oz. eight-count pack SKU of its Uncured Beef Natural Casing Hot Dogs—a perfect match for an eight-pack of hot dog buns—which are now available at Publix locations across the Southeast, and through Publix curbside pickup and delivery powered by Instacart in select locations...

Full Story »
Aug 10 12:48 PM, General News


Aramark Prepared to Welcome College Students Back to Campuses Across the Country

As many college campuses make arrangements to safely open amid COVID-19, Aramark, a leading food and facilities partner with hundreds of colleges and universities across the U.S., is prepared to meet the safety and hygiene standards required in today’s ever-changing environment. This includes introducing a variety of new programs and service offerings to support a safe, enjoyable campus dining experience.

“As with many other aspects of campus life, dining services will look and feel a little different this Fall,” said Jack Donovan, President of Aramark’s Higher Education business. “Knowing health and safety is imperative for returning students and faculty, as well as...

Full Story »
Aug 6 8:23 AM, General News


Weis Markets Reports Second Quarter Results

Weis Markets reported its sales increased 23.7 percent to $1.1 billion during the thirteen-week period ended June 27, 2020, compared to the same period in 2019, while second quarter comparable store sales increased 24.1 percent.

The Company's second quarter net income increased 102.5 percent to $41.5 million compared to $20.5 million in 2019, while earnings per share totaled $1.54 compared to $0.76 per share for the same period in 2019. Ecommerce sales increased 243 percent during the same period.

"The coronavirus pandemic has altered most aspects of daily life in our seven-state market area which was impacted by...

Full Story »
Aug 5 8:24 AM, General News


Beyond Meat Expands Club Store Distribution with BJ's Wholesale and Sam's Club

Beyond Meat is working to increase accessibility to plant-based meat through the development of new sales channels, including club and convenience stores. The company, which offers an 8-pack of its flagship Beyond Burger, first broke into the club channel last year at Costco. This summer, Beyond Meat added partnerships with BJ’s Wholesale and Sam’s Club, unlocking partnerships with three major club stores.

“Having entered all national conventional retailers in the US, we looked for where the white space existed and club stores were the next logical step towards increasing accessibility to plant-based meat among mainstream consumers,” said Chuck Muth, Chief Growth Officer, Beyond Meat. “By offering the Beyond Burger in a larger format, we’re able to provide value to consumers and a more accessible entry point for...

Full Story »
Aug 4 8:25 AM, General News


Impossible Foods Debuts at Walmart 

Impossible Foods’ flagship product will begin rolling out at Walmart.

The Impossible Burger has started hitting Walmart shelves and will soon be stocked in nearly 2,100 Walmart Supercenter and Walmart Neighborhood Market locations. Customers can find Impossible Burger in the fresh meat section of the store in convenient, versatile 12-ounce packages. Impossible Burger is also available through Walmart Grocery Pickup & Delivery.

With the addition of Walmart locations, Impossible Burger will be available in more than 8,000 brick-and-mortar grocery stores across all 50 states -- a more than 50X increase...

Full Story »
Aug 3 8:56 AM, General News


Leading Food Firms Create Dedicated Teams for Plant-Based Products 

A four-year investor engagement with 25 giant food retailers and manufacturers, led by the FAIRR investor network, has found that two in five global food giants with combined annual revenues of $459 billion now have dedicated teams to develop and sell plant-based alternatives to meat and dairy; with Tesco and Unilever ranked top.

New research shows that over $1.1 billion of venture investment has flowed into alternative proteins in the first half of 2020, more than double last year's total investment ($534 million). The alternative protein market is expected to grow to...

Full Story »
Jul 29 8:22 AM, General News


Albertsons Reports First Quarter Results

Albertsons Companies, Inc. reported results for the first quarter of fiscal 2020, which ended June 20, 2020.

First Quarter of Fiscal 2020 Highlights

  • Identical sales growth of 26.5%
  • Digital sales growth of 276%
  • Diluted net income per share of $1.00; Adjusted net income per share of $1.35
  • Net income of $586 million
  • Adjusted EBITDA of $1.7 billion, an increase of 93% compared to the first quarter last year
  • COVID-19 related investments of approximately...
Full Story »
Jul 28 9:24 AM, General News


Food and Beverage E-Commerce Sales Growing Rapidly but Still Small

Even prior to the coronavirus pandemic, online sales of food and beverages in the U.S. have been growing rapidly and totaled about $17 billion in 2018. They are forecast to increase 32% per year through 2023, according to Packaged Facts in the report U.S. Beverage Market Outlook 2020: Grocery Shopping & Personal Consumption in the Coronavirus Era.

Yet, while e-commerce sales are growing rapidly, they still represent a very small percentage—about 4%—of total food and beverage sales.

The impact of online sales varies by food category, ranging from less than 1% to 3% of sales. Coffee and tea sell the best, while dairy and juices...

Full Story »
Jul 24 8:21 AM, General News


NCBA and NAMI Respond to USDA Report on Cattle Markets 

The USDA suggested broader reporting requirements for meatpacking companies as it investigates cattle market movements driven by the coronavirus pandemic and a fire at a major beef plant. The USDA stated in a report in conjunction with the U.S. Department of Justice that it continues to investigate potential regulatory violations and anticompetitive conduct within the industry. However, the report does not detail any wrongdoing by meat processors.

“In its analysis of the effects of the fire and the pandemic, USDA found no wrong-doing and confirms the disruption in the beef markets was due to devastating and unprecedented events,” said North American Meat Institute President and CEO, Julie Anna Potts. “It is difficult to see how the USDA’s recommended legislative proposals would have...

Full Story »
Jul 24 8:21 AM, Urner Barry


Beyond Meat Brings Latest Iteration of the Beyond Burger to Canada

Beyond Meat is announcing its latest iteration of the Beyond Burger, produced locally at a co-manufacturing facility in Canada, is now available at major grocery stores nationwide. This latest version of the Beyond Burger, Beyond Meat’s flagship product, has 20g of protein derived from simple, plant-based ingredients like peas, mung beans and rice, and features marbling made from cocoa butter that is designed to melt and tenderize like beef.

Canada continues to be an important part of Beyond Meat’s long-term growth strategy and producing the Beyond Burger locally in Canada enables Beyond Meat to better serve the Canadian market, while...

Full Story »
Jul 23 8:22 AM, General News


ALDI Surpasses 2,000 Stores and Embarks on Next Wave of Coast-to-Coast Expansion

ALDI opens its 2,000th store and kicks off a new wave of expansion. ALDI plans to open more than 70 new stores by the end of the year, announces plans to enter the greater Phoenix market and will support further Gulf Coast store expansion with a new distribution center in Loxley, Alabama.

"Each new store is an opportunity to serve another community, which is an honor and responsibility we do not take lightly," said Jason Hart, CEO, ALDI U.S. "As we continue to expand, we promise to do everything in our power to offer the lowest prices, every day, without exception. In fact, as food costs are rising across the country, we're lowering prices on...

Full Story »
Jul 22 8:24 AM, General News


Pork Remains on the Menu in Spain and Italy Even if Tourists Stay Away

Spain and Italy face a miserable summer tourism season. But does this mean a terrible year for pork, too? Remarkably, Rabobank's analysis shows that decreased international tourist activity will have a limited impact on total pork consumption in these countries.

For the full year of 2020, Rabobank expects a decrease in total pork consumption of about 6% in Spain and 2% in Italy due to reduced demand in foodservice and retail. Furthermore, pork exports to Italy from major exporters, such as Germany, Spain and Denmark, are expected to remain largely unaffected by...

Full Story »
Jul 20 9:45 AM, General News


JUST Egg to Debut at Select Retailers in Canada this Fall

Eat Just, Inc., announced that its award-winning plant-based egg will be coming to Whole Foods Market and select Walmart stores in Canada this fall. Canada is one of the most requested markets for the product, which has been a breakout success in retail and foodservice channels in the United States since its nationwide launch last year.

The newly released fluffy, folded format, will be marketed as JUST Plant Egg in Canada. It will be sold as a box of four in the frozen aisle at Whole Foods Market in Toronto, Vancouver, Victoria and Ottawa, and at more than 100 Walmart stores coast-to-coast. Additional on-shelf details will be announced at a later date.

In the U.S., sales of the toaster-ready product have surged since April, and it is now the #1 frozen breakfast entrée by velocity in the Natural Channel, according to...

Full Story »
Jul 17 8:20 AM, General News


National Retail Federation Pushing for all Retailers to Adopt Face Mask Policy

As the COVID-19 pandemic continues to impact the United States, the National Retail Federation (NRF) called upon retailers to adopt a nationwide face-covering policy.

The NRF urged business, including grocery stores to implement the policy to protect the health of customers, associates and partners during the pandemic.

“The health and safety of associates and customers is retailers' number one priority and wearing a face covering or mask is scientifically proven to reduce the spread of COVID-19,” the NRF said in a press release...

Full Story »
Jul 16 10:21 AM, General News


Impossible Foods’ Growth Accelerates as Restaurant Sales Rebound and Retail Orders Surge

Since the start of the COVID-19 pandemic, Impossible Foods has expanded its grocery store footprint by more than 30X, and the food tech startup is on track to increase retail availability 50X throughout 2020.

Impossible Burger was sold in only 150 grocery stores in March. Impossible Foods’ plant-based burger is now available in more than 5,000 grocery stores across 48 states, including the nation’s largest grocery chain, Kroger, as well as Albertsons, Fred Meyer, Gelson’s, Safeway, Vons, and Wegmans.

Last month, Ahold Delhaize-owned stores on the East Coast, including Giant, Giant Martin’s and Stop & Shop, began selling Impossible Burger. And Impossible Foods’ flagship product will...

Full Story »
Jul 15 8:24 AM, General News


Sweet Earth Foods Debuts New Plant-Based Burgers 

Sweet Earth Foods announced the release of its Awesome Bacon Burger. The new burger extends the plant-based food makers' portfolio just in time for grilling season, as nearly 40 percent of Americans are trying to eat more plant-based foods, according to Nielsen.

The Sweet Earth Awesome Bacon Burger is a smoky plant-based burger infused with vegan bacon bits. Made of textured pea protein, this plant-based burger contains 26g of protein per serving (27% DV) and is non-GMO project certified. The burger will be hitting shelves of HEB starting this week with nationwide distribution increasing over the coming weeks.

"We are so excited to announce the release of the Awesome Bacon Burger as the first-ever vegan bacon burger, proving eating plant-based can be...

Full Story »
Jul 15 8:23 AM, General News


Carando Introduces New Calzone Products 

Carando, a brand of Smithfield Foods, is venturing further into the deli section with the addition of handheld, fully-cooked calzones. The new line features three mouth-watering flavors to tantalize every palate, including Pepperoni, Meatball, and Chicken Parmesan. Known for its authentic Italian flavors, the calzones offer consumers a simple, no-prep meal without skimping on taste.

"As a leader in Italian meats, we are excited to expand our portfolio and bring more of the traditional taste of Carando to consumers," said Diane Purnell, brand manager for Carando at Smithfield Foods. "Our new fully-cooked calzones offer convenient, on-the-go options for...

Full Story »
Jul 15 8:22 AM, General News


Conagra Brands Launches More Than Two Dozen New Products, Hitting Shelves This Summer

Conagra Brands, Inc. is celebrating the summer with the debut of more than two dozen new products. More people are cooking and eating at home due to the COVID-19 pandemic, and Birds Eye, Marie Callender's, Healthy Choice and Snack Pack are among the brands bringing new items to market to satisfy evolving consumer needs. The new items from Conagra Brands will be hitting store shelves this summer.

New Plant-Based Meal and Snack Options

Plant-based products continue to rise in popularity, and not just for vegetarians and vegans, but for flexitarians too. Nearly 40% of Americans are attempting to incorporate more plant-based options into their diets. To answer the increased demand, brands including Birds Eye, Gardein, Healthy Choice and Marie Callender's have developed new items including...

Full Story »
Jul 10 8:22 AM, General News


Target Enhances Online Grocery Pickup Service

Target’s making it easier than ever for consumers to get what they need to enjoy the season. Starting this week, consumers can shop fresh and frozen grocery items via Target's Order Pickup and Drive Up services at more than 400 stores.

“When it comes to safe, fast and easy shopping, Target leads the way,” says Dawn Block, senior vice president, digital, Target. “By expanding our Order Pickup and Drive Up assortment to include fresh and frozen grocery items, we’re making the Target Run even easier—ensuring that guests can get everything they need, using the fast, convenient services they already love.”

Select stores in Illinois, Ohio, Colorado, Utah, Michigan, Wisconsin, Iowa, Indiana, Kentucky and Kansas now offer the enhanced service, where guests can shop 750 items across...

Full Story »
Jul 9 9:20 AM, General News


Kroger Announces Leadership Changes

The Kroger Co. announced the retirement of Joe Grieshaber, senior vice president and chief merchant, after more than 37 years of distinguished service, effective August 15. Grieshaber will be succeeded by Stuart W. Aitken, currently senior vice president of alternative business and CEO of 84.51˚, Kroger's data analytics subsidiary. Yael Cosset, senior vice president and chief information officer, will assume responsibility for alternative business and 84.51˚.

"Today's leadership announcements are consistent with our positive track record of strong succession planning and will help us to continue to drive transformation of our business and culture, focusing on speed, action and agility to...

Full Story »
Jul 9 8:18 AM, General News


Uber Unveils Grocery Delivery

Uber Technologies, Inc. announced that users in select Latin American and Canadian cities can now order groceries through the Uber and Uber Eats apps, in partnership with Cornershop, the popular grocery delivery startup based in Santiago, Chile. This follows the companies’ 2019 agreement for Uber to acquire a majority stake in Cornershop, which is expected to close in the coming days. Today’s news marks Uber and Cornershop’s first integrated grocery delivery experience.

Uber connects people and communities with the tap of a button, including rides, prepared food, retail goods—and now groceries. Starting today, shoppers in select cities in Latin America, Canada and coming later this month, the United States, can find grocery delivery opportunities through both Uber and Uber Eats apps, furthering Uber’s vision of bringing people closer to...

Full Story »
Jul 8 8:22 AM, General News


Purple Carrot Launches New Single Serve, Frozen Meals in Retail

Purple Carrot, known for its e-commerce subscription plant-based meal kit, announced their new 100% plant-based, single serve meals are now available in the frozen aisle at most Whole Foods Market stores across the country. Purple Carrot created these meals with the same flavor profiles and nutritional philosophies that are core to its meal kit offering.

The frozen foods market has been growing exponentially during the last few years, specifically for products that align with consumer demand for more plant-based options, according to the National Frozen and Refrigerated Foods Association.

"As more and more consumers are seeking to add plant-based options to their weekly routines but aren't ready to commit to a full lifestyle change, these single-serve meals offer a perfect way to...

Full Story »
Jul 8 8:20 AM, General News


Lloyd's Barbeque Introduces Pulled Pork and Chicken Products 

The makers of Lloyd’s barbeque products announced its pecanwood smoked pulled pork and hardwood smoked chicken made with 2-time world barbeque sauce champion Pig Beach Mustard BBQ Sauce.

Winner of the 2014 and 2016 Memphis in May World Championship Barbecue Cooking Contest, Pig Beach Mustard BBQ Sauce is a perfect match for Lloyd’s lightly seasoned hardwood smoked pulled meats. Recognized by USA Today as the “Most Prestigious Barbecue Contest,” the Memphis in May World Championship Barbecue Cooking Contest is a four-day competition held in Memphis, Tenn., that draws nearly 250 teams competing from around the world.

“Barbeque is all about bringing families and friends together,” said Eric Jacobson, Lloyd’s barbeque brand manager. “Our new hardwood smoked pulled meats made with...

Full Story »
Jun 30 8:07 AM, General News


Albertsons Companies Announces Launch of Initial Public Offering

Albertsons Companies, Inc. announced the commencement of an initial public offering of 65,800,000 shares of its common stock to be sold by certain of its stockholders, at an anticipated initial public offering price between $18 and $20 per share, pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (the "SEC").

The Company is not selling any shares pursuant to the common stock offering. In connection with the offering, certain of the selling stockholders expect to grant the underwriters a 30-day option to purchase an aggregate of...

Full Story »
Jun 23 8:14 AM, General News


Plant-Based Protein Brand OZO Brings New Option to Retail and E-Commerce

Colorado-based Planterra Foods is making its debut this month in retail outlets and direct-to-consumer e-commerce with its introductory line of OZO. Consumers looking for a new plant-based protein can take a bite of OZO Burgers (two-4 oz patties), Ground (12 oz), and Mexican-Seasoned Ground (12 oz) just in time for summer grilling and new recipe ideas.

Powered by an exclusive proprietary blend of pea and rice protein fermented by shiitake mushrooms, all of the new OZO products are an excellent source of protein with up to 22 grams per serving. OZO features a high-quality pea protein that is a great source of iron. The Planterra team is also passionate about...

Full Story »
Jun 22 8:15 AM, General News


Kroger Reports First Quarter 2020 Results and Provides Update on COVID-19 Response

The Kroger Co. reported its first quarter 2020 results, provided a Restock Kroger progress update on the three-year transformation plan and an update to the COVID-19 response.

Comments from Chairman and CEO Rodney McMullen

"The COVID-19 pandemic and the most recent instances of racial injustice have changed our country in unmistakable ways, not the least of which is the devastating loss of life and livelihood that has affected so many Americans. Kroger remains guided by our purpose and our values. I am proud of our associates who stepped up when we were called to be there for our customers, communities and each other. Our company is proud to...

Full Story »
Jun 18 9:13 AM, General News


Beyond Meat Introduces Limited Edition Burger Pack

Beyond Meat is making plant-based burgers more accessible and affordable this summer with the introduction of Cookout Classic, a limited edition burger 10-pack available at a majority of Walmart and Target stores nationwide and select retailers across the U.S. beginning the week of June 22. Sold in the frozen meat aisle with a suggested retail price of $15.99 ($1.60 per patty), the new offering will be available through mid-August, or until supplies last, and is intended to narrow the price gap between plant-based meat and animal protein.

With growing consumer interest in plant-based protein, the Cookout Classic value pack is designed to inspire a plant-based meat option at barbecues and summer gatherings. The burgers are made with...

Full Story »
Jun 18 8:19 AM, General News


May Retail Sales Improve Dramatically Over April but Still Below Last Year

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, the National Retail Federation said.

“This sales report is very encouraging news at a time when we need to focus on what will happen as retail doors open once again,” NRF President and CEO Matthew Shay said during a live interview on CNBC’s Squawk Box program. “For a sick economy, there is no better medicine than retailers responding to consumers who are ready to safely return to stores. These sales numbers do not reflect the same strength we had going into the pandemic, but they certainly reflect the trajectory we need coming out of it. The most important thing now is...

Full Story »
Jun 18 8:18 AM, General News


Mintel: A Quarter of British Millennials Say COVID-19 has Made a Vegan Diet More Appealing 

The prospect of a diet packed with chickpeas, lentils, and quinoa appears to be more tempting as of late, as new research from Mintel reveals that a quarter (25%) of young British Millennials (aged 21-30) say that the COVID-19 pandemic has made a vegan diet more appealing.

These plant-loving Millennials are not alone, as the research reveals that a vegan diet is proving more attractive to over one in ten (12%) of all Brits, rising to almost a quarter (22%) of Londoners, since the start of the pandemic.

This comes as Mintel research indicates there is a strong belief in the healing power of plants, as half of Brits (51%) believe plant/botanical ingredients (eg herbs, spices) can have...

Full Story »
Jun 18 8:17 AM, General News


Sweet Earth Foods Debuts Eight New Plant-Based Products

Sweet Earth Foods announced the national launch of a selection of eight new burritos and entrée bowls. As the latest additions to Sweet Earth's best-selling product lines, these two new burritos and six new entrée bowls are available now in the frozen aisle of grocery stores, with distribution increasing in the following weeks.

The new burritos and bowls all incorporate plant-based Awesome Grounds or Mindful Chik'n, satisfying cravings for the meaty, juicy taste of traditional meats, and making them a good source of protein. Created with wholesome ingredients like veggies and globally inspired spices, the burritos and bowls are...

Full Story »
Jun 16 10:05 AM, General News


Instacart Announces $225 Million In New Funding Led By DST Global, General Catalyst And D1 Capital

Instacart, the North American leader in online grocery, today announced it has raised $225 million as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes as Instacart continues to experience an unprecedented surge in customer demand for grocery delivery and pickup. Today's announcement increases the company's valuation to $13.7 billion...

Full Story »
Jun 12 8:07 AM, General News


70% of Grocery Shoppers Can Find Foods They Want, While 30% Are Still Experiencing Out of Stocks

The grocery cases and shelves that were left barren in the early days of the COVID-19 pandemic, for the most part, are back to their pre-COVID states. In the week ending May 28, 68% of U.S. grocery shoppers reported to The NPD Group that they hadn’t encountered any out of stocks of the foods and beverages they were shopping for during the week. This wasn’t the case for 32% of shoppers who did experience out of stocks when they shopped for foods and beverages during the week ending May 28, according to the findings of NPD’s NET® COVID-19 Pantry & Food Strategy Tracker...

Full Story »
Jun 11 8:18 AM, General News


United Natural Foods Reports Third Quarter Fiscal 2020 Results

United Natural Foods, Inc. reported financial results for the third quarter of fiscal 2020 (13 weeks) ended May 2, 2020.

Third Quarter Fiscal 2020 Highlights

  • Net Sales increased 12% to $6.67 billion compared to $5.96 billion in last year's fiscal third quarter
  • Net income increased 54% to $88 million; Adjusted EBITDA increased 32% to $222 million
  • Earnings per diluted share (EPS) of $1.60; Adjusted EPS increased 130% to $1.40
  • Net debt reduced by $302 million compared to the second quarter of fiscal 2020
  • Updates fiscal 2020 guidance, which includes the impact of Retail included...
Full Story »
Jun 10 9:24 AM, General News


Kroger and Ocado Announce Three Additional Regions for Customer Fulfillment Centers

Kroger and Ocado announced the continued expansion of their partnership with plans to construct three new Customer Fulfillment Centers (CFC) in the Great Lakes, Pacific Northwest and West regions.

"Kroger is incredibly excited to construct three additional industry-leading Customer Fulfillment Centers across the country in relationship with Ocado to bring fresh food to our customers more conveniently than ever before," said Robert Clark, Kroger's senior vice president of supply chain, manufacturing and sourcing. "Through our strategic partnership, we are...

Full Story »
Jun 8 9:13 AM, General News


Impossible Foods Launches Direct-to-Consumer Sales and Accelerates Retail Expansion

Impossible Foods is launching an all-new e-commerce site today, allowing people in the lower 48 states to buy the award-winning, plant-based Impossible Burger and cook it at home.

The startup’s direct-to-consumer channel offers family-size quantities of the award-winning, plant-based Impossible Burger starting at $49.99 (plus tax). The orders come with compostable and recyclable packaging, free shipping and two-day home delivery.

Impossible Foods has increased its retail footprint nearly 20-fold since the start of 2020, and its flagship product is now available in over...

Full Story »
Jun 5 9:24 AM, General News


COVID-19 Impact on Alternative Protein Industry

The on-going COVID-19 pandemic is re-shaping everything from the global economies to product categories, pricing, and stock availability to consumer behavior.

The pandemic has also placed the spotlight on meat supply and food security globally. The spotlight on meat supply has been evident in both developed and emerging markets amidst disruptions to supply chains and panic buying and stockpiling, following announcements of lockdowns and social distancing measures...

Full Story »
Jun 5 8:09 AM, General News


Aramark Opens More than 100 Pop-Up Grocery Stores for Frontline Healthcare Workers

As the fight against COVID-19 continues, Aramark is continuing to assist and support frontline workers by opening on-site ‘pop-up’ grocery stores at healthcare facilities across the country, to serve as a one-stop shop for doctors, nurses and hospital staff to grab necessities on their way home. To date, Aramark has opened more than 100 pop-up stores.

The Company is transforming existing retail spaces into grocery stores offering a variety of fresh baked goods, bread, milk, eggs, non-perishable items, paper towels, health & beauty aids and more.

These ‘mini-marts’ stock basic and hard-to-get items that Aramark is able to source through its vast distributor network. By offering a place to shop within their workplace environment...

Full Story »
Jun 3 8:08 AM, General News


Uncertainty Surrounds the Reopening of Businesses

While the reopening of businesses shut down because of the coronavirus pandemic is a significant step forward, the rate at which the economy will recover or consumers will feel comfortable resuming activities such as dining out or shopping remains to be seen.

“Is it possible the worst of the coronavirus pandemic is behind us? Maybe, but we are not out of the woods yet, and uncertainty abounds,” said National Retail Federation Chief Economist Jack Kleinhenz.

Kleinhenz added, “Predicting what will happen is even more challenging than usual. While history often helps guide us, previous downturns offer little guidance on what is likely to unfold over the next six to 12 months. There is no user’s manual in which government, businesses or consumers can find...

Full Story »
Jun 3 8:07 AM, Urner Barry


NAMI's Response to New York Times' "End of Meat" Op-Ed

Like many sectors of the economy, meat and poultry production has been challenged during the COVID crisis. This leads to the popular pundit sport of writing the industry’s eulogy. The most recent comes from vegetarian and author Jonathan Safran Foer here in the New York Times. Safran Foer says COVID-19 has shown that for Americans, the end of meat is here.

From the start of the pandemic, it was clear meat is essential to Americans. Consumers were flooding grocery stores and buying necessities. Meat was among the few key items, like toilet paper and hand sanitizer, which they bought immediately and in historically high quantities. Meat continues to experience...

Full Story »
Jun 2 9:45 AM, General News


Costco Reports Financial Results for Third Quarter 

Costco Wholesale Corporation announced its operating results for the third quarter (12 weeks) and the first 36 weeks of fiscal 2020, ended May 10, 2020.

Net sales for the quarter increased 7.3 percent, to $36.45 billion from $33.96 billion last year. Net sales for the first 36 weeks increased 7.8 percent, to $110.94 billion from $102.90 billion last year.

Reported net income for the third quarter was $838 million, or $1.89 per share, which was negatively impacted by $283 million pretax, or 47 cents per diluted share, from incremental wage and...

Full Story »
Jun 1 8:52 AM, General News


Ranking Member Stabenow Introduces Legislation to Protect America’s Food Supply

U.S. Senator Debbie Stabenow, Ranking Member of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, introduced legislation to help protect the food supply after the COVID-19 crisis has put an unprecedented strain on farmers, workers, food banks, and families.

“The COVID-19 crisis has tested the strength of our nation’s food supply chain, creating a ripple effect that’s harming our families, farmers and workers,” said Senator Stabenow. “This bill will help strengthen our food supply by redirecting food to families and helping farmers and processors retool their operations.”

The shift in demand from restaurants and food service to retail and food donations has caused bottlenecks in the supply chain. Meanwhile, outbreaks of COVID-19 in food processing plants have...

Full Story »
May 29 8:23 AM, General News


Lightlife Reinvents Plant-Based Protein Line with Simpler Ingredients and New Look

Lightlife, owned by Greenleaf Foods, SPC, announced sweeping changes to its product portfolio to deliver the cleanest ingredient labels in the plant-based meat category. Driven by growing consumer demand for products with ingredients they understand, Lightlife is making it easier for consumers to make healthier food choices by offering plant-based meat products made only with simple, recognizable ingredients, like pea protein, brown rice, dried red bell pepper, and beet and cherry powders.

To define its new brand and business strategy, Lightlife conducted a comprehensive research study, connecting with more than 11,500 consumers to better understand their values and expectations from plant-based protein. The study uncovered five unique demand spaces that define specific consumer needs for...

Full Story »
May 28 8:14 AM, General News


Food E-commerce Market Projected to Reach $498 Million by 2026

Consumer behavior in the food industry is transforming owing to rising e-commerce and technological trends. The food and beverage industry is gradually moving towards e-commerce, that's certain, but its full potential is yet to be exploited.

Infinium global research has recently published a global report on "Food E-commerce Market," the reported study estimated the market for food e-commerce to be USD 138 million in 2019 and is projected to reach up to USD 498 million in 2026, with a Compound Annual Growth Rate of 20.3%, over the forecast period of...

Full Story »
May 27 8:14 AM, General News


Field Roast Expands Frozen Portfolio with Plant-Based Nuggets

Field Roast Grain Meat Co, owned by Greenleaf Foods, has added Plant-Based Nuggets to its portfolio of frozen plant-based appetizers and entrees. The crispy, bite-size nuggets feature a bold, inspiring taste and expand the brand’s frozen portfolio that also includes Fruffalo Wings and Miniature Corn Dogs.

“Remember the joy that a chicken nugget could bring you as a kid?,” said Dan Curtin, president of Greenleaf Foods. “We’re bringing that back with an absolutely delicious plant-based nugget...

Full Story »
May 22 8:14 AM, General News


BJ’s Wholesale Club Announces Record First Quarter Fiscal 2020 Results

BJ’s Wholesale Club Holdings, Inc. announced its financial results for the thirteen weeks ended May 2, 2020.

“Our top priority remains the health and safety of our members and team members during this challenging time and I am deeply thankful for the contributions of our dedicated team members this past quarter,” said Lee Delaney, President and Chief Executive Officer, BJ’s Wholesale Club. "While the coronavirus pandemic increased demand for our services, our team's hard work and the capabilities we have built over the last four years have enabled us to...

Full Story »
May 22 8:14 AM, General News


Has the Coronavirus Caused Consumers to Adopt New Eating Behaviors? 

Although social distancing measures have forced many people to stay indoors and start experimenting in the kitchen, the verdict is mixed on home cooking. According to Datassential, two in five consumers did not actually start cooking more often. However, about 35% found joy and excitement in discovering new dishes, yet more than a third of Gen X and households with children are sick of having to cook more often for their families.

For the most part, the pandemic has encouraged very few consumers to adopt new shopping and dining strategies, the rest are maintaining their prior routines. Online grocery shopping and grocery delivery have benefited the most from these new trials, with 21% trying grocery pickup for the first time, and...

Full Story »
May 22 8:13 AM, Urner Barry


SNAP Online Purchasing to Cover 90% of Households

U.S. Secretary of Agriculture Sonny Perdue today announced that households in 13 new states – Connecticut, Georgia, Illinois, Indiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Oklahoma, Pennsylvania, Tennessee, and Virginia – will soon be able to purchase food online with their Supplemental Nutrition Assistance Program (SNAP) benefits. Once operational, online purchasing will be available in 36 states and the District of Columbia, home to more than 90% of SNAP participants. 

In addition, Secretary Perdue also announced an expansion of independently owned and operated retail stores beyond those included in the original pilot. Soon more SNAP authorized retailers, under...

Full Story »
May 20 9:14 AM, General News


Nestlé Introduces New Life Cuisine 

Nestlé is introducing Life Cuisine, an exciting new brand delivering delicious and satisfying meal solutions to match the approach to eating well. From gluten-free to high-protein, Life Cuisine is made with flavorful ingredients that help power your day.

Over the years, the definition of wellness has evolved from calorie-conscious eating to a more holistic approach that extends well beyond just what's on your plate. Once-niche dietary trends like gluten free and meatless meals have also...

Full Story »
May 20 8:12 AM, General News


Hormel Natural Choice Lunch Meat Announces New Hardwood Smoked Product Line 

The makers of Hormel Natural Choice premium lunch meat have launched a new line of slow-smoked products called Natural Choice hardwood smoked lunch meats. These expertly crafted products – smoked in netting over real wood chips for over four hours – include exciting flavors like applewood ham, applewood turkey with garlic and herbs, pecanwood ham with sweet black pepper and pecanwood ham with brown sugar.

"We leaned into the real smoke and premium ingredients with this line and are offering consumers that great hardwood smoked flavor, without having to fire up the smoker," said Samantha Hovland, Natural Choice brand manager. "Lunchtime is a busy time for people, so we're helping...

Full Story »
May 20 8:11 AM, General News


Walmart Releases Q1 FY21 Earnings

Walmart's net sales and operating results were significantly affected by the outbreak of COVID-19.

Unprecedented demand for products across multiple categories led to strong top-line results. Certain incremental costs negatively affected operating income, including costs associated with enhanced wages and benefits as well as safety and sanitation.

Total revenue was $134.6 billion, an increase of $10.7 billion, or 8.6%. Excluding currency, total revenue would have increased 9.7% to reach $135.9 billion.

Walmart U.S. comp sales increased 10.0%, led by strength in food, consumables, health & wellness and...

Full Story »
May 19 9:27 AM, General News


JUST Announces Partnership with Post Holdings’ Michael Foods

JUST and Michael Foods, a subsidiary of Post Holdings and one of the largest processors of value-added eggs in the world, announced a groundbreaking new partnership to bring the top-selling, plant-based JUST Egg to millions more consumers in the United States.

Under the arrangement, Michael Foods will be the exclusive manufacturer, supplier and distributor of JUST Egg to foodservice and food ingredient customers who are already familiar with their industry-leading egg brands such as Papetti’s, Abbotsford Farms and Davidson’s Safest Choice and are in search of a unique, plant-based egg product.

For over 100 years, the Michael Foods family of businesses have leveraged quality ingredients and cutting-edge processes to offer the finest products and solutions to their customers. This partnership adds...

Full Story »
May 19 8:08 AM, General News


April Retail Sales Drop Nearly Twice as Much as March During Coronavirus Pandemic

Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when most businesses were closed because of the coronavirus pandemic, the National Retail Federation said.

“As predicted, retail sales were bad in April and lower than in March,” NRF Chief Economist Jack Kleinhenz said. “This should come as no surprise since April was the first full month when most businesses not considered essential were closed, both in retail and across the economy. But month-to-month comparisons provide little insight other than indicating that most of the economy was on lockdown. Now that we’re in mid-May, many businesses are already starting to reopen. Relief payments and pent-up demand should provide some degree of post-shutdown rebound, but...

Full Story »
May 18 9:37 AM, General News


Applegate Farms Unveils Well Carved Product Line

Applegate introduced a new line of organic blended burgers and meatballs designed to satisfy consumers who are mindful of their meat intake. The new, chef-crafted Well Carved product line combines meat with whole vegetables, legumes and grains, and continues the brand’s mission – Changing The Meat We Eat.

“The Well Carved product line is a bold, direct challenge to the newly established wisdom that the only way to eat meat responsibly is to settle for a highly processed soy or pea-based burger—or to not eat meat at all,” said John Ghingo, president of Applegate. “Well Carved products offer a way for consumers to enjoy the real, clean meat they crave along with the vegetables that promote health and a healthier planet.”

To that end, all Well Carved products are made exclusively with organic meat and vegetables, and none of the...

Full Story »
May 8 9:17 AM, General News


Impossible Foods Accelerates Retail Expansion with Kroger 

Impossible Foods is accelerating its retail expansion this week with the rollout of its flagship product at more than 1,700 grocery stores nationwide owned by The Kroger Co., America’s largest grocery retailer.

In addition to grocery shelves at Kroger-affiliated brick-and-mortar stores, Impossible Burger is also available starting today for online ordering through Kroger.com for Kroger Curbside Pickup and Delivery.

The rollout of Impossible Burger at Kroger represents a 18-fold increase in Impossible Foods’ retail footprint so far in 2020. The company’s award-winning, plant-based meat is now on shelves in about...

Full Story »
May 6 10:01 AM, General News


COVID-19 Impact on the Plant-Based Meat Market

According to MarketsandMarkets, the global plant-based meat market size is projected to grow from $3.6 billion in 2020 to $4.2 billion by 2021, recording a compound annual growth rate of 17.0% in the realistic scenario during the forecast period.

The pea segment is projected to be the fastest-growing segment in the plant-based meat market during the forecast period.

The use of pea in plant-based meat has gained significant prominence over the past two years, driven by companies such as Beyond Meat (US), R&S Blumos (Brazil), and other regional players who are...

Full Story »
Apr 23 8:19 AM, General News


U.S. Plant-Based Retail Market Worth $5 Billion, Growing at 5X Total Food Sales

New data released today by the Plant Based Foods Association (PBFA) and The Good Food Institute (GFI) shows U.S. retail sales of plant-based foods have grown 11.4 percent in the past year, bringing the total plant-based market value to $5 billion.

The total U.S. retail food market has grown just 2.2 percent in dollar sales during this same period—and was flat in unit sales—showing that plant-based foods are a key driver of growth for retailers nationwide. This data covers the total grocery marketplace and was commissioned from SPINS.

The leading drivers of plant-based sales continue to be plant-based milks, meat, dairy alternatives in general, and plant-based meals. Sales of plant-based milks grew 5 percent over the past year, now making up 14 percent of...

Full Story »
Apr 3 8:23 AM, General News


Beyond Meat Announces National Retail Launch of Beyond Breakfast Sausage

Beyond Meat announced its latest product innovation, Beyond Breakfast Sausage, will start to hit retail shelves by the end of March. Beyond Breakfast Sausage is a new plant-based breakfast sausage featuring 11 grams of protein per serving.

Available in two flavors, classic and spicy, this breakfast option offers the taste of traditional pork breakfast sausage.

Perfect for busy mornings, Beyond Breakfast Sausage is a quick and convenient plant-based option that goes from...

Full Story »
Mar 11 10:51 AM, General News


New Plant-Based Protein Brand OZO to Debut Nationwide this April

New plant-based protein brand OZO, powered by start-up Colorado business Planterra Foods, is making its debut at grocery stores nationwide beginning in April, providing consumers with a clean protein option that delivers exceptional taste and nutrition. Where superior taste meets convenience, OZO is raising the bar on plant-based protein offerings for today's consumer who doesn't want to compromise flavor to eat well.

The new line of plant-based products will officially launch with Burgers, Ground, Mexican-Seasoned Ground and Italian-Style Meatballs, and foodservice and club packs are also planned for 2020. The four OZO protein offerings are non-GMO, do not contain soy, and feature transparent, straightforward...

Full Story »
Mar 4 8:22 AM, General News


Lightlife and Field Roast Bring More to the Table with New Plant Based Breakfast Sausages

Greenleaf Foods is transforming the growing breakfast category with a nationwide retail launch of three plant-based breakfast sausage products from its Lightlife and Field Roast Grain Meat Co brands. The new, innovative products were created to continue the brands’ common goal: to pioneer the plant-based category by putting plants at the center of the plate.

“Breakfast is an important part of the day, and until now, there has not been many plant-based protein options available,” said Dan Curtin, president of Greenleaf Foods, SPC. “We’re reinvigorating the plant-based breakfast space with new delicious items from Lightlife and Field Roast.”

Lightlife is introducing Plant-Based Breakfast Sausage Links and Plant-Based Sausage Patties that offer...

Full Story »
Mar 2 8:25 AM, General News




URNER BARRY INDICES




Load More
Label Label
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.