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Whole Foods Market Predicts Top 10 Food Trends For 2020

Today, Whole Foods Market’s global buyers and experts revealed the most anticipated and innovative food trends for 2020 in the retailer’s fifth annual trends predictions announcement. Regenerative agriculture, West African foods, meat-plant blends and new varieties of flour are among the food influences and movements expected to take off in the next year.

Each year, more than 50 Whole Foods Market team members including local foragers, regional and global buyers and culinary experts thoughtfully compile the report based on decades of experience and expertise in product sourcing, studying...

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Oct 21 10:31 AM, General News



Ready or Not, Here Comes the 2019 Holiday Shopping Season

Changing Consumer Attitudes Could Change the Game for Retail, Reports NPD

Consumers are split in their attitudes about holiday shopping. According to the 2019 Holiday Purchase Intentions Survey from The NPD Group, most consumers in the U.S. are looking forward to this holiday season, and see the holidays as a break from everything happening in the world – half even say going out shopping puts them in the holiday spirit. But almost half of consumers that said they would rather plan an outing with family or friends than exchange gifts – more than last year. More consumers also said they think preparing for the holidays may not be worth all of the work entailed.

“There is more of a divide in consumer sentiment heading into this holiday season than we have seen in years,” said Marshal Cohen, chief industry advisor, The NPD Group. “There are fewer consumers planning on doing what they did last year, which means retail needs to be prepared to think differently as well...

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Oct 18 10:37 AM, General News


September Sales Grew 4.5 Percent Over Last Year 

According to the National Retail Federation, retail sales in September were down 0.1 percent seasonally adjusted from August, but up 4.5 percent unadjusted year-over-year.

“The pullback in September compared with August is possibly a reaction to increased fears over U.S.-China tensions,” NRF Chief Economist Jack Kleinhenz said. “While uncertainty around trade policy and other issues has dampened consumer sentiment recently, consumers still have a lot going for them as evidenced by longer-term trends and factors like the tight labor market. September is a tricky month to measure because of seasonal factors like the end of summer and back-to-school spending, and this year’s...

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Oct 17 8:21 AM, Urner Barry


Walmart's InHome Delivery Service Officially Launches in Kansas City, Pittsburgh and Vero Beach

Early this summer, Walmart announced InHome Delivery, its latest innovation aimed toward giving time back to families by delivering fresh groceries and everyday essentials directly into their kitchen or garage fridges. Today, for the first time ever, Walmart is thrilled to launch this new service for over 1 million customers in Pittsburgh, Kansas City (Missouri and Kansas) and Vero Beach.

The company is obsessed with simplifying grocery shopping and finding ways to make customers’ lives easier. That’s why InHome goes the extra step so that customers can live their lives without worrying about making it to the store or being home to accept a delivery.

All it takes to use the service is three simple steps...

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Oct 15 9:08 AM, General News


Online Grocery Shows Global Growth 

According to ResearchandMarkets, the online grocery market is projected to grow by $354.2 billion, with the potential to grow at over 17.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over $524.5 billion by the year 2025, online grocery will bring in gains adding significant momentum to global growth.

The United States is expected to maintain an 18.7% growth momentum. In Europe, Germany is projected to add over $13.6 billion to the region's size and clout in the next...

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Oct 14 10:15 AM, Urner Barry


Walmart Names John Furner President & CEO of Walmart U.S.

Today, Walmart announced that John Furner will become the President and Chief Executive Officer of Walmart U.S., following a successful five years for the business segment under Greg Foran. Furner will report directly to Walmart President and CEO Doug McMillon, and the move will be effective November 1. Foran, who is taking a role as CEO at Air New Zealand Limited, will stay on with Walmart through January 31 to ensure a smooth transition.

“John has done a fantastic job at Sam’s Club, and he will continue the momentum we have in Walmart U.S.,” said McMillon. “John knows our business well, having held many different jobs in the company over more than 25 years, and he is helping transform it for the future. He has the experience and judgment to know what we should continue doing and what we should...

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Oct 11 8:52 AM, General News


Mercato Introduces Same-Day Grocery Delivery with Mercato Green

Mercato, the online grocery eCommerce platform for independently owned grocery and specialty food stores, announced today the launch of Mercato Green. The delivery membership program allows consumers in more than 25 states across the U.S. to receive unlimited free, same-day deliveries from their favorite local grocers. Mercato will also plant a tree for every order placed by a Mercato Green member.

There are two Mercato Green membership plans - both come with a 14-day free, unlimited trial. The Neighborhood plan covers deliveries up to three miles from the store, and the City plan covers up to 10 miles. Both plans provide a deep discount for consumers who are looking for the convenience and reliability of same-day delivery from their favorite neighborhood grocers.

Online grocery sales, estimated to reach $29.7 billion by 2021, continue to climb as many people find traditional grocery shopping - parking, waiting in checkout lines, and loading groceries - a hassle. With Mercato, consumers conveniently order...

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Oct 10 3:28 PM, General News


Natural Grocers Expands Meat and Seafood Department

Natural Grocers recently refreshed its Meat and Seafood Department selections in all its grocery stores across 19 states. The new and improved Meat and Seafood Department features high-quality and exotic varieties of grass-fed meat, pork, poultry, fish and seafood. Customers can expect a wide variety of offerings including, bison, beef, yak, wild boar, elk, venison, lamb, pork, chicken, turkey, ostrich, cod, mahi mahi, salmon, scallops, shrimp, tuna, pollock, rockfish and sole.

"Our standards ensure that all of our meat is naturally and humanely raised and our seafood is sustainably sourced, which we believe is the best for...

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Oct 10 8:51 AM, General News


Kepak Secures USDA Approval to Distribute Irish Beef Burgers in the United States

Kepak Group has become the first ever European meat processor to be awarded United States Department of Agriculture (USDA) approval for the supply, marketing and distribution of Irish beef in a value-added format of beef burgers into the US market.

The approval announced at Anuga, the world’s largest trade fair for food and beverages in Cologne, Germany, secures access for Kepak to the US beef burger market which is currently valued at over $122bn.

The development follows the successful launch in 2017 of the first Irish beef retail brand in the United States, Kepak’s Celtic Beef Company, and means...

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Oct 8 9:08 AM, General News


Mintel: Organic Food and Drink Products Gain Popularity 

According to Mintel Global New Products Database, in the last 10 years, the total number of new food and drink product launches globally with an organic claim has risen from 6% to 10% between August 2009 and July 2019.

Mintel research finds that Europe is leading the way in terms of organic food and drink innovation, with almost a fifth of all food and drink products launched in Europe carrying an organic claim. In the 10 years to July 2019, the number of European food and drink launches with an organic claim has shot up from 9% to 17%, satisfying Europe’s hunger for organics. Current leading innovators include...

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Oct 3 11:28 AM, General News


Mighty Spark Continues Rapid Growth with Launch of All-Natural Poultry at Walmart and CVS

Mighty Spark, an independent company that donates a meal with each purchase consumers make of their all-natural premium poultry, is expanding its assortment and presence at retailers nationwide with the launch of patties and ground blends at select Walmart stores, and chicken snack sticks at 2,500 CVS locations.

"In addition to launching at Walmart and CVS stores, Mighty Spark's rapid expansion includes recent launches at Giant Landover, United Supermarkets, Save Mart, Lucky, Rouses and more, expanding our nationwide presence to thousands of additional stores to bring more consumers healthy, delicious protein," said Nick Beste, CEO and Founder, Mighty Spark. "With our expanded distribution comes...

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Oct 2 9:07 AM, General News


Impossible Burger Sales Skyrocket at Retail Debut 

After its highly anticipated retail debut, the Impossible Burger remains the number one item sold at grocery stores on the East and West coasts where the product is offered. The flagship product from Impossible Foods made its worldwide debut in grocery stores on September 20th at all outlets of Gelson's Markets in Southern California. Since its launch, Gelson’s has sold more Impossible Burgers than all types of ground beef, based on both revenue and total number of pounds sold. On September 26th, the Impossible Burger became available in all 100 outlets of Wegmans on the East coast, including seven states and two Fairway locations in New York City. The Impossible Burger became the number one single item sold in the meat department at Fairway's two Manhattan locations.

Also, during the product's first full weekend on stores shelves in Southern California, the Impossible Burger outsold by more than...

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Oct 2 8:21 AM, Urner Barry


Don Lee Farms Launches Plant-Based Burger 

Don Lee Farms is announcing the launch of the Better Than Beef Burger: a burger made from plants. The burger delivers the satisfaction and experience of beef but with the lowest calories, fat and saturated fat compared to other leading brands.

The new burger is an excellent source of protein made from plants.

Donald Goodman, President, Don Lee Farms, said, “We are thrilled to introduce the new Better Than Beef Burger. This new burger, along with our growing vegan line launched fifteen years ago, reinforces our family’s commitment to...

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Oct 1 8:19 AM, General News


Kroger Opens Two-Level Store with First-Ever Food Hall

The Kroger Co. opened a new, 52,000-square-foot urban format store today in downtown Cincinnati, offering the grocer's first-ever food hall, named On The Rhine Eatery. The experience features Cincinnati eateries Django Western Taco, DOPE! Asian Street Fare, Eli's BBQ and Queen City Whip, as well as Kitchen 1883 Café and Bar, Kroger's American food restaurant concept.

"Kroger is thrilled to introduce our first food hall and offer a one-of-its-kind shopping experience in our hometown of Cincinnati, providing a convenient location to experience delicious, quality meals and foods. This innovative destination highlights Kroger's food-first culture," said Rodney McMullen, Kroger's chairman and CEO. "Kroger's new store offers...

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Sep 27 8:18 AM, General News


Impossible Foods to Make East Coast Grocery Debut 

After a record-shattering launch on the West Coast, the Impossible Burger will make its East Coast grocery store debut today at all 100 Wegmans locations in seven states, and at two Manhattan locations of Fairway Market. Though widely available in restaurants since 2016, the Impossible Burger first appeared in grocery stores just last week, when it debuted at all 27 of Gelson's Markets in Southern California. During its first full week on sale, the Impossible Burger outsold ground beef based on both revenue and total number of pounds at Gelson's. In fact, the Impossible Burger was the number one packaged good sold at Gelson's from Friday through Sunday across the 27 stores.

Rob McDougall, CEO of Gelson's Markets, said, "The Impossible Burger generated more excitement than any other single product we’ve seen in more than a half-century of operations. In addition to exceptional sales and volume, the launch initiated...

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Sep 26 8:16 AM, Urner Barry


Sweet Earth Foods Debuts New Plant-Based Culinary Innovations 

Sweet Earth Foods, an award-winning and rapidly-growing plant-based food innovator, announced today the launch of their newest products, the Sweet Earth Awesome Burger and Sweet Earth Awesome Grounds. Sweet Earth's Awesome Grounds will provide the same plant-based protein in a ground version that allows greater flexibility to cook various meals and sides, such as meatballs and tacos.

The Awesome Burger and Awesome Grounds advance Sweet Earth's mission by delivering on the taste and texture of beef with the nutritional benefits offered by plant-based proteins. The non-GMO Awesome Burger was developed by Sweet Earth's culinary team with Nestlé R&D support, with a focus on achieving awesome flavor and nutrition. It's made with U.S.-sourced yellow pea protein, which is...

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Sep 26 8:15 AM, General News


The Consumer Confidence Index Declined in September

The Conference Board Consumer Confidence Index decreased in September, following a slight decline in August. The Index now stands at 125.1 (1985=100), down from 134.2 in August. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – decreased from 176.0 to 169.0. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – declined from 106.4 last month to 95.8 this month.

“Consumer confidence declined in September, following a moderate decrease in August,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “Consumers were less positive in their assessment of current conditions and their expectations regarding the short-term outlook also weakened. The escalation in trade and tariff tensions in late August appears to have rattled consumers. However, this pattern of...

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Sep 24 10:08 AM, General News


Impossible Foods Makes Retail Debut 

Impossible Foods announced that the alternative meat company will make its debut in grocery stores on Friday at all 27 Gelson's Markets in Southern California. This is the first time that the general public will be able to buy and experience the Impossible Burger at home. The Impossible Burger is the plant-based meat that rivals ground beef, and is on menus in more than 17,000 restaurants. However, home chefs never had a chance to work with the Impossible Burger, until now.

Throughout the fourth quarter and in early 2020, Impossible Foods will expand its retail presence by launching the Impossible Burger in industry-leading grocery stores in key regions. Impossible Foods will launch in additional grocery stores later this...

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Sep 20 8:21 AM, Urner Barry


Cultured Meat Market Forecast to Grow by 2032

According to MarketsandMarkets, the cultured meat market size is estimated to be valued at $214 million by 2025, and projected to reach $593 million by 2032. This projection will lead to a compound annual growth rate of 15.7% from 2025 to 2032. The rising consumption of meat along with increasing demand for nutritional meat are a few of the key factors driving the growth of the industry. When considering the categories of poultry, beef, seafood, pork, and duck, the poultry segment is projected to witness the fastest growth during the forecast. This is due to the availability of poultry when compared to other meat sources such as beef, and also the consumer preference for poultry and poultry products.

The increasing popularity of poultry products in many quick service restaurants has encouraged manufacturers to develop innovative alternative products to meet consumer demand. Additionally, the rising demand for chicken, due to...

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Sep 19 11:14 AM, Urner Barry


The Golden Growth Opportunity for U.S. Drugstores 

The self-care movement is playing a key role in reshaping health care in a way that drug store retailers and manufacturers can’t afford to ignore. Recent data from The Conference Board Global Consumer Confidence Survey, in collaboration with Nielsen, shows that 18% of Americans reported health as a top concern, next only to the economy (22%) and immigration (19%). With the threat of rising health care costs, consumers are prioritizing wellness and taking a more active role in managing their own health.

Today’s health-minded consumers are looking beyond medicine to manage their health—and opting for healthier food is a big part of this mindset. Increasingly for drugstores, the way to consumer wallets is through their diet. However, Nielsen’s 2019 Health Care study showed that only 24% of consumers are satisfied with the health food selection in drugstores, compared with 75% who expressed satisfaction of...

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Sep 19 10:09 AM, General News


The Makers of Hormel Mary Kitchen Hash Announce New Frozen Varieties

The makers of Hormel Mary Kitchen hash, America's No. 1 selling hash, announced today the launch of an innovative meal solution for the frozen breakfast foods aisle – the brand's first offering outside of the can since first coming off the production line 70 years ago.

The new items include two varieties of frozen hash – corned beef hash and turkey sausage sweet potato – and include more than 9 grams of protein in each serving. Made with a hearty blend of quality meats, roasted potatoes, onions, red bell peppers and a touch of select seasonings, Hormel Mary Kitchen frozen hash is sure to satisfy your craving for breakfast.

"Our new Hormel Mary Kitchen frozen hash products are a perfect way to...

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Sep 19 9:02 AM, General News


Shop on Amazon, Pay in Cash

Amazon is making it even easier for customers to pay with cash. Amazon PayCode, already available in 19 countries around the world, launches today in the U.S. and allows customers to choose Amazon PayCode at checkout and then pay for their purchase in cash at one of 15,000 Western Union locations. Items ship once customers pay for their purchase in person at a participating Western Union location. Amazon PayCode will be rolling out to customers over the coming weeks.

Separately, Amazon Cash, which enables customers to load cash into their Amazon Balance for making online Amazon purchases, is now available in over 100,000 cash-loading locations nationwide. Customers in the U.S. who prefer to use cash are now...

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Sep 19 8:16 AM, General News


Fresh and Focused: The U.S. Retailer Path to Winning Brick and Mortar

Despite the explosion in online shopping in the U.S., physical stores haven’t gone by the wayside. Why? In a word: fresh.

Although e-commerce represents just 4% of grocery sales today, it accounts for nearly one-third of total growth. And Americans are increasingly heading online to shop for nonperishables, household items and pet products, making the concept of stock up grocery trips a thing of the past for many shoppers.

Yet the fresh departments (bakery, deli, meat, produce and seafood) still lure people into physical stores; in fact, online grocery shoppers spend 1.5% more in-store on fresh food than the average consumer does. As more category sales continue to...

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Sep 17 9:26 AM, General News


August Retail Sales Grew 4.1 Percent Over Last Year but New Tariffs Present 'Downside Risk'

Retail sales were up 0.4 percent in August seasonally adjusted from July and up 4.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants.

“While consumer attitudes about the economy indicate some retreating optimism, the bottom line is that consumer spending remained resilient in August and continued to be a key contributor to U.S. economic growth,” NRF Chief Economist Jack Kleinhenz said. “Trends remain strong, but August grew somewhat slower than July, which could reflect consumers’ concerns about the unpredictability of trade policy. It is too early to assess the impact of the new tariffs that took effect at the beginning of this month, but...

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Sep 17 8:20 AM, General News


Kroger and Ocado Name Dallas Location of Fifth High-Tech Customer Fulfillment Center

The Kroger Co., America's largest grocery retailer, and Ocado, one of the world's largest dedicated online grocery retailers, today announced Dallas, Texas, as the fifth location for a Customer Fulfillment Center (CFC).

"Kroger is incredibly excited to construct one of our industry-leading Customer Fulfillment Centers in Dallas, Texas — one of the largest cities in America — in relationship with Ocado to bring fresh food to our customers faster than ever before," said Robert Clark, Kroger's senior vice president of supply chain, manufacturing and sourcing. "Through our strategic partnership, we are engineering a model for the region, leveraging advanced robotics technology and creative solutions to redefine the customer experience for...

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Sep 16 8:51 AM, General News


NPD Group: Consumers Consider the Environment when Making Food and Beverage Decisions

Sustainability, which by definition is the avoidance of the depletion of natural resources in order to maintain an ecological balance, is a much talked about topic today and is used in a broader sense to mean environmental consciousness or earth-friendly. In the food and beverage and foodservice sectors, many grocers, food manufacturers, and restaurant operators are initiating sustainability efforts as socially responsible corporate citizens and to support consumer interests. Nine percent of adults consider the environment as a top factor when making food and beverage purchase decisions, and it’s young adults, ages 18-44 years old, who are most likely to feel this way, finds The NPD Group.

When making food and beverage purchase decisions based on the environment, packaging is most visible to consumers. One in ten U.S. adults, or roughly 20 million consumers, said that they have switched to a different food or beverage brand because...

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Sep 13 9:10 AM, General News


Packaged Facts: Alternative Proteins Budding with Organic and Clean Label Food Shoppers

Though the majority of Americans eat meat, trends throughout 2019—from the launch of Burger King's Impossible Whopper to skyrocketing shares of Beyond Meat's blockbuster IPO—hint at the multi-billion dollar potential impact of plant-based products on the nation's food and beverage market.

According to The Organic and Clean Label Food Shopper, 2nd Edition, a brand new report by market research firm Packaged Facts, consumers are increasingly more adventurous with what they eat and more consider themselves flexitarian than in the past. Packaged Facts reveals that only 6% of Baby Boomers claim to eat flexitarian diets, while 13% of Generation Z considers themselves flexitarian, showing the trend is...

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Sep 12 11:51 AM, General News


Kroger Reports Second Quarter 2019 Results

The Kroger Co. today reported its second quarter 2019 results and provided a Restock Kroger progress update on the company's three-year transformation plan.

Comments from Chairman and CEO Rodney McMullen

"The Restock Kroger framework is designed to reposition our core business by 2020 while continuing to deliver for shareholders.

We are pleased with the improvement of trends in our supermarket business in the second quarter. Guided by our customer obsession, Kroger delivered our best identical sales, without fuel, result since the launch of our transformation plan. FIFO gross margin, without fuel and pharmacy, was stable in our supermarket business. Gross margin headwinds in pharmacy were offset by strong fuel performance during...

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Sep 12 8:54 AM, General News


Walmart to Roll Out Delivery Unlimited to Stores Across the Country

Walmart has plans to expand the reach of Delivery Unlimited – a Grocery Delivery membership option for customers – to 1,400 stores later this fall. The program gives customers the option to pay a yearly $98 fee or a monthly $12.95 fee to receive unlimited Walmart Grocery Delivery orders. Customers will continue to have the option to pay a per-delivery fee, without a membership.

“Grocery Delivery takes convenience to a new level, and our customers love it. With Delivery Unlimited, we’re providing incredible value for our customers and leveraging our unique assets to save them both time and money,” said Janey Whiteside, chief customer officer, Walmart.

The retailer began piloting Delivery Unlimited in four markets – Houston, Miami, Salt Lake City and Tampa – earlier this year. Based on the positive response of customers, Walmart is expanding the program to all 200 metro areas where...

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Sep 12 8:45 AM, General News


Survey: Quality and Transparent Sourcing Drive Millennial Food Choices

Quality drives millennial food shopping, and they are willing to pay more for it, according to a new Whole Foods Market survey. Eighty percent of millennials value quality when it comes to food shopping, and nearly 70 percent are willing to spend more money on high quality foods.

These findings are part of a new survey released today that examines millennial food, health and grocery shopping preferences, which was conducted independently by YouGov on behalf of the retailer. The national online survey sampled 1,006 adults between the ages of 22 and 37 in the U.S.

Another trend that emerged is more informed purchasing decisions. A majority of millennials want to know where their food comes from and...

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Sep 9 9:48 AM, General News


Kroger's Simple Truth Brand Launches Plant Based Collection

The Kroger Co. announced today a new collection: Simple Truth Plant Based. The collection will include fresh meatless burger patties and grinds as well as plant-based cookie dough, pasta sauces, sausages, deli slices, dips and other items.

The Simple Truth collection was announced on stage by Gil Phipps, Kroger's vice president of Our Brands, at the Good Food Conference in San Francisco, where he was a featured speaker. The Conference, hosted by the Good Food Institute, focuses on accelerating the marketplace for plant-based food.

"Since its launch in January 2013, Simple Truth has become the leading natural and organic brand in the country, with annual sales exceeding $2.3 billion," said Phipps. "As more of our customers embrace a flexitarian lifestyle, choosing to prioritize...

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Sep 6 8:17 AM, General News


How the Coffee Category Became a Hot Bed of Innovation for the U.S. Grocery Market 

Beyond the buzz created around the early release of Starbuck’s Pumpkin Spice Latte, there is something big brewing in the U.S. coffee market. American’s consumption habits are shifting across the beverage industry, and consumers are increasingly seeking their next caffeine fix from chilled, on-the-go coffee options over energy drinks and carbonated soft drinks.

Nielsen data shows that the ready-to-drink coffee category is hot. In fact, dollar sales within the latest 52 weeks (ending July 27, 2019) netted $3 billion, up 16% versus a year ago. And a steady stream of innovation is fueling...

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Sep 5 10:12 AM, General News


Hormel Foods Announces the Creation and Launch of Plant-Forward Meat Alternative Brand

During its annual presentation at the Barclays Global Consumer Staples Conference in Boston, Hormel Foods Corporation, a global branded food company, announced the launch of the Happy Little Plants brand, a new plant-forward, protein portfolio created as part of the company's first project under its Cultivated Foods umbrella.

"Hormel Foods has one of the most admired brand portfolios in the industry, led by our legacy of industry-leading innovation," said Jim Splinter, group vice president of corporate strategy at Hormel Foods. "We are continuing to build an organization that has the agility and adaptability to create products to align with today's dynamic marketplace."

The Happy Little Plants brand is part of the company's plant-based and blended protein innovation efforts, which began in 2014 with the launch of...

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Sep 5 8:16 AM, General News


Packaged Facts: 4 Ways Grocers can Improve Outreach to Affluent Food Shoppers

The food culture and buying habits of affluent food shoppers (the 42 million food shoppers in the U.S. with household incomes of $150,000 or more) cause them to have a disproportionate impact on the bottom line of brick-and-mortar supermarkets and grocery stores. Affluent food shoppers are more prone than other food shoppers to shy away from conventional shelf-stable packaged foods and are more likely to spend their money and time on buying and experiencing higher margin store perimeter products and services.

In the market research report Affluent Food Shoppers, Packaged Fact identifies four key ways that U.S. grocers can better attract and meet the needs of this important consumer segment...

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Sep 4 11:56 AM, General News


AmazonFresh Expands to Indianapolis With 1- and 2-Hour Delivery

Amazon today announced that AmazonFresh has expanded to Indianapolis. Beginning today, Prime members in Indianapolis can shop tens of thousands products from meat and seafood to fresh produce and everyday essentials for free two-hour delivery from AmazonFresh.

“We’re thrilled to introduce AmazonFresh to Prime members in Indianapolis,” said Stephenie Landry, Vice President of AmazonFresh and Prime Now. “Prime members tell us they want their stuff even faster. We're happy to deliver on that ask and can’t wait for customers in Indianapolis to take advantage of one- and two-hour delivery from AmazonFresh.”

Prime members can choose from tens of thousands of items across produce, meat, grocery, plus Amazon.com bestsellers from...

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Sep 4 9:06 AM, General News


Throughout the World, Convenience Stores Are a Rapidly Growing Venue for U.S. Red Meat

The desire for work-life balance and pre-packaged meals requiring little or no kitchen time is leading consumers around the world to a surprising new destination for breakfast, lunch and dinner: the neighborhood convenience store.

And we’re not just talking about beef jerky and pepperoni sticks.

Convenience stores are offering a wide selection of entrée and full meal options that are winning over customers and creating more demand for U.S. red meat. For every gourmet hot dog sold in a South Korean GS25 store, every bowl of beef noodle soup ladled from a 7-Eleven hot food counter in Taiwan and every pork sausage sandwich pulled from a shelf in a Mexican Oxxo outlet comes another trade opportunity for...

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Sep 3 11:26 AM, General News


Cell-Based/Cultured Meat, Poultry, and Seafood Makers Form Coalition

Five cutting-edge food companies who are looking to bring cell-based/cultured meat, poultry and seafood to restaurants and retail shelves in the United States announced today they have formed the Alliance for Meat, Poultry & Seafood Innovation (AMPS Innovation), a coalition focused on educating consumers and stakeholders about their new industry and advocating for a clear path to market for their products. Founding member companies include BlueNalu and Finless Foods, makers of cell-based/cultured seafood; and Fork & Goode and JUST, makers of cell-based/cultured meat and poultry; and Memphis Meats, which is making cell-based/cultured meat, poultry and seafood.

Cell-based/cultured meat, poultry and seafood is real meat grown outside the animal, directly from animal cells. This means the companies are able to produce only the muscle, fat, skin and connective tissue that is typically eaten, without...

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Sep 3 10:08 AM, General News


Aug 30 9:25 AM, Urner Barry Video

The Consumer Confidence Index Declined Marginally in August;
A Clear Trend Toward More Efficient Chicken Weights;
Sponsored by Urner Barry's Prospector
If you cannot see this video, please click here
 
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This Week in Retail: That’s Right, It’s Labor Day Weekend

Seriously. Where did August go?

Somehow, in the blink of an eye, summer has come and gone and Labor Day weekend is here. The final big grilling weekend of the season (fear not, much grilling to be done for football and other fall activities) has the meat case fully stocked and consumers taking advantage of prime deals on protein.

This week, beef and seafood are neck and neck, each claiming just over 24 percent of total protein feature volume (beef technically wins by 0.2 percentage points). Claiming the third spot is pork with 22 percent of ad space, followed by chicken just shy of 21 percent.

Average feature prices for ground beef are actually above year ago levels this week at $3.44 per pound—that’s up nearly 9 percent over Labor Day weekend 2018. Features run as low as $2.04 on average in some regions and as high as...

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Aug 30 8:27 AM, UB Newswires


The Consumer Confidence Index Declined Marginally in August

The Conference Board Consumer Confidence Index® declined marginally in August, following July’s rebound. The Index now stands at 135.1 (1985=100), down from 135.8 in July. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 170.9 to 177.2. The Expectations Index – based on consumers’ short-term outlook for income, business and labor market conditions – declined from 112.4 last month to 107.0 this month.

“Consumer confidence was relatively unchanged in August, following July’s increase,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions improved further, and the Present Situation Index is now at its highest level in nearly 19 years (Nov. 2000, 179.7). Expectations cooled moderately, but overall remain strong. While other parts of the economy may show some weakening, consumers have remained confident and willing to spend. However, if the recent escalation in trade and tariff tensions persists, it could potentially dampen...

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Aug 29 9:39 AM, General News


Applegate Battles Lunchtime Boredom with Its “Lunching Awesome” Campaign

Sandwiches. Nearly half of us eat one every day. And no wonder. They’re fast, versatile–travel well and are a go-to Back to School lunch option for parents. With countless sandwich ingredient combinations to explore, no one should have to suffer from a blah lunch. No matter a person’s taste preferences or dietary restrictions, there’s an ultimate sandwich for everyone.

This back-to-school season, Applegate is battling lunch-making boredom with its “Lunching Awesome” campaign, sharing crave-able sandwich recipes and offering a simple sandwich guide that identifies the key components of a great sandwich.

Despite an endless amount of sandwich possibilities, many people make the same sandwich over and over again. And then, there are those who still haven’t found their ultimate sandwich. According to a recent survey conducted by Applegate...

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Aug 28 9:24 AM, General News


Pilgrim’s to Acquire Tulip Limited, Creating Integrated Prepared Foods Leader in Europe

Pilgrim’s Pride Corporation today announced that it has signed a contract to acquire Tulip Limited, a leading, integrated prepared foods supplier with 12 fresh and value-added operations in the United Kingdom, from Danish Crown. The transaction solidifies Pilgrim’s as a leading European food company, creating one of the largest integrated prepared foods businesses in the UK with a portfolio of brands and retail private label solutions.

The transaction, unanimously approved by Pilgrim’s Board of Directors and funded with cash on hand, values Tulip Limited at £290 million (or approximately $354 million based on a 1.22 exchange rate as of August 27, 2019). The purchase amount represents 5.4x implied expected EBITDA.

“We are pleased to strengthen our European foods platform with the acquisition of Tulip Limited, which positions Pilgrim’s as a leading global prepared foods player,” said Jayson Penn, Pilgrim’s global chief executive officer. “The transaction represents...

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Aug 28 8:56 AM, General News


Retailers Respond to Tariff Escalation: ‘Where Does This End?’

The National Retail Federation issued the following statement from Senior Vice President for Government Relations David French after the Trump administration announced that current tariffs on $250 billion in Chinese goods will rise from 25 to 30 percent on October 1. New tariffs set to take effect September 1 and December 15 on $300 billion in Chinese goods will rise from 10 to 15 percent.

"It's impossible for businesses to plan for the future in this type of environment. The administration's approach clearly isn't working, and...

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Aug 26 10:22 AM, General News


Walmart's Innovative Approach to Convenience Around the World

Shopping lists are increasingly including a new item: convenience.

The grocery industry is a great example. American shoppers average about 60 minutes spent shopping for food each week. To cut this time down, more and more of Walmart’s U.S. customers find themselves taking advantage of online shopping options like pickup and delivery.

But the U.S. isn’t the only place customers want convenience. Walmart Canada’s recent announcement to expand grocery delivery with Instacart demonstrates how quickly customers are responding to time-saving innovations in...

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Aug 23 8:18 AM, General News


AmazonFresh Expands to Houston, Minneapolis and Phoenix With 1- and 2-Hour Delivery

Amazon today announced that AmazonFresh has expanded to three new cities: Houston, Minneapolis and Phoenix. Beginning today, Prime members in those cities can shop tens of thousands products from meat and seafood to fresh produce and everyday essentials for free two-hour delivery from AmazonFresh.

“We’re thrilled to introduce AmazonFresh to Prime members in Houston, Minneapolis and Phoenix,” said Stephenie Landry, Vice President of AmazonFresh and Prime Now. “Prime members tell us they want their stuff even faster. We’re happy to deliver on that ask and can’t wait for customers in Houston, Minneapolis and Phoenix to take advantage of...

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Aug 22 9:50 AM, General News


BJ’s Wholesale Club Announces Second Quarter Fiscal 2019 Results

BJ’s Wholesale Club Holdings, Inc., today announced its financial results for the thirteen and twenty-six weeks ended August 3, 2019.

“Second quarter results for sales and earnings were in line with our expectations,” said Christopher J. Baldwin, Chairman and Chief Executive Officer, BJ’s Wholesale Club. "We delivered improved margins and continued to grow earnings as we executed against our strategic priorities. Our sales were particularly strong in the second half of the quarter as weather improved, and we ended with strong momentum. We are confident that we will deliver on our full-year expectations as we continue to...

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Aug 22 9:33 AM, General News


Target Reports Second Quarter 2019 Earnings

Target Corporation today announced its second quarter 2019 performance, including comparable sales growth of 3.4 percent driven by a 2.4 percent increase in comparable traffic. The Company reported GAAP earnings per share (EPS) from continuing operations of $1.82 in second quarter 2019, up 22.0 percent from $1.49 in second quarter 2018. Second quarter Adjusted EPS of $1.82 was 23.9 percent higher than $1.47 in second quarter 2018. The attached tables provide a reconciliation of non-GAAP to GAAP measures. All earnings per share figures refer to diluted EPS.

  • Second quarter comparable sales grew 3.4 percent, driven by 2.4 percent traffic growth.
  • Comparable sales have grown approximately 10 percent over the last two years — the best performance in more than...
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Aug 21 8:50 AM, General News


Amazon Announces Plans to Expand in Utah with New Fulfillment Center in West Jordan

Amazon.com, Inc. today announced plans to open a new fulfillment center in West Jordan, Utah creating more than 800 full-time jobs starting at $15 an hour with comprehensive benefits starting on day one. Amazon currently employs more than 2,000 full-time associates throughout the State of Utah.

“We’re excited to open a new, state-of-the-art fulfillment center in West Jordan and to continue innovating in a state committed to providing great opportunities for jobs and customer experience. Utah has a talented workforce, and we are very excited to grow employment beyond the more than 2,000 associates already serving customers in the state,” said Alicia Boler Davis, Amazon’s Vice President of Global Customer Fulfillment.

“We are pleased that Amazon has chosen Utah again for such a strategic part of Amazon’s business by setting up another fulfillment center in West Jordan. As the ‘Crossroads of the West,’ Utah is the perfect place for companies in the...

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Aug 20 9:03 AM, General News


Target Introduces Food and Beverage Brand 

Target Corporation today announced the introduction of Good & Gather, Target’s largest owned Food & Beverage brand. Grounded in guest research, the flagship brand will offer a wide range of food and beverage products that prioritize taste, quality ingredients and ease, at a great value. Good & Gather will be available in stores and online on Target.com for same-day delivery beginning September 15, 2019.

“Our guests are incredibly busy and want great-tasting food they can feel good about feeding their families,” says Stephanie Lundquist, executive vice president and president, Food & Beverage, Target. “We saw this as a huge opportunity for Target to help. So our team got to work on our most ambitious food undertaking yet, reimagining our owned food brands to serve up...

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Aug 19 10:20 AM, General News


HelloFresh Adds Beyond Meat to Menu Line-Up

HelloFresh, the leader in delivering delicious ingredients and easy-to-follow recipes to households worldwide, today announced the introduction of the Beyond Burger from Beyond Meat, a market leader in the plant-based meat category. Offered as part of HelloFresh’s premium Craft Burger collection, HelloFresh customers can now order the first recipe Goudalicious Beyond Burgers paired with Potato Wedges and Creamy Mustard Aioli, which will begin shipping to customers nationwide the week of September 14, 2019.

“We are always looking to expand our menu offerings and provide customers with exciting, new recipe choices that appeal to a variety of palates and eating preferences,” said Marcel Comtois, Vice President of Procurement, HelloFresh US. “With the addition of the Beyond Burger to our menus, we’re excited to give our home cooks the opportunity to...

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Aug 19 9:05 AM, General News


This Week in Retail: Prepare for Pre-Season Protein Demand

We’re halfway through August, but protein demand doesn’t expire with the summer season. In fact, consumers may even be stepping up their purchases at the meat case as the NFL preseason is officially underway! And the regular season is just around the corner.

It’s been six long months since fans were treated to their favorite teams facing off on the gridiron. Now, everyone is getting in on the action. Retailers across the board are running promotions to capitalize on the return of football frenzied spending.

Grocers are changing up end caps from summer smore displays to game day essentials. Grilling ads are shifting from summer barbecues in the backyard to...

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Aug 19 8:11 AM, UB Newswires


July Retail Sales Show Strong Gains

Retail sales were up 0.9 percent in July seasonally adjusted from June and up 5.6 percent unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants.

“July’s strong results are consistent with a confident consumer,” NRF Chief Economist Jack Kleinhenz said. “Households are in good shape with spending and that should continue as long as the labor market remains healthy. But it’s important to remember that today’s data is looking backward at what was happening a month ago. The impact of volatile financial markets and increased trade tensions in recent weeks may put a wind of caution in consumer spending as...

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Aug 16 8:15 AM, General News


SpartanNash Announces Second Quarter 2019 Financial Results

SpartanNash Company today reported financial results for the 12-week second quarter and 28-week period ended July 13, 2019.

“Consistent with our comments in the press release issued earlier this week, the Board of Directors and I remain confident in the Company’s overall strategic direction,” said Dennis Eidson, Interim President and Chief Executive Officer. “I am excited to work with our team of talented associates as we focus our efforts on improved execution, while continuing to...

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Aug 16 8:15 AM, General News


Food Lion to Expand "To-Go" Grocery Pick-Up Service at Multiple Stores

Food Lion continues to expand its “Food Lion To-Go" grocery pick up service at multiple area locations beginning August 19, 2019.

A ribbon cutting ceremony will be held at each location at 8:45 a.m. on August 19th, and to help introduce customers to this new service, Food Lion is offering shoppers their first pickup for free.

The launch of this new, convenient service enables Food Lion to continue to deliver on its promise to ensure an easy, fresh and affordable grocery shopping experience, and it allows customers to order and pick up their groceries in as little as an hour.

“We are so excited to expand this convenient service to more stores in the Food Lion footprint and enable customers to spend more time...

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Aug 16 8:15 AM, General News


Walmart Releases Q2 FY20 Earnings

Total revenue was $130.4 billion, an increase of $2.3 billion, or 1.8%. Excluding currency, total revenue was $131.7 billion, an increase of $3.7 billion, or 2.9%.

Walmart U.S. comp sales increased on a two-year stacked basis by 7.3%, which is the strongest growth in more than 10 years. Segment operating income increased 4%, marking the fifth consecutive quarter of growth.

Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery.

Sam's Club comp sales increased 1.2%, and eCommerce sales grew 35%. Reduced tobacco sales negatively affected...

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Aug 15 8:29 AM, General News


Food And Beverage Industry Seen As Growth Market in U.S. Retail Real Estate Sector

A healthy appetite for food and beverage businesses continues to fuel significant growth in one of the hottest areas in the U.S. retail real estate sector, according to BBG, a leading due diligence commercial real estate firm.

In U.S. cities across the country, more restaurants, bars and grocery stores are opening or expanding operations to meet growing demand for these services, as a result of an ongoing demographic shift in how and where people live, work and play.

That has led to these businesses growing their share of total retail spending, from 24.3 percent during the past decade, compared with 22.7 percent prior to the 2007-2008 recession, according to one recent industry report. F&B sales now account for nearly...

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Aug 15 8:19 AM, General News


Retailers Respond to Tariff Delay Ahead of Holiday Season

The National Retail Federation issued the following statement from Senior Vice President for Government Relations David French after the Trump administration announced it would delay new tariffs on certain consumer products until December 15. Tariffs on other products are scheduled to take effect September 1.

“While we are still reviewing the details, we are pleased the administration is delaying some tariffs ahead of the holiday season and acknowledging the impact on American consumers. Still, uncertainty for U.S. businesses continues, and tariffs taking effect September 1 will result in higher costs for American families and slow the U.S. economy. During this delay period, we urge the administration to...

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Aug 14 8:17 AM, General News


Smithfield Foods Launches Plant-Based Protein Portfolio Under Pure Farmland Brand

Smithfield Foods, Inc. today announced that it is launching a plant-based protein portfolio under the company’s Pure Farmland brand. The new line comes in a variety of breakfast patties, meatballs, burger patties, and pre-seasoned protein starters to help consumers grow their plant-based protein options for all meal occasions, including breakfast, lunch, dinner, and appetizers.

The brand-new Pure Farmland soy-based line features eight fresh, versatile, juicy, and flavorful products. Proudly crafted in the USA, all items are made with natural flavors, are gluten and dairy free, and serve as a good source of protein. Given that soy is a complete protein, it provides levels of all essential...

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Aug 13 8:15 AM, General News


SpartanNash Announces Leadership Transition

SpartanNash Company (Nasdaq: SPTN) (“SpartanNash” or the “Company”) today announced that its Board of Directors has appointed the Company’s Chairman, Dennis Eidson, to the additional roles of Interim President and CEO, effective immediately. Mr. Eidson will serve in these additional roles until the next CEO is identified. Mr. Eidson served as CEO from 2008-2017, and previously served as SpartanNash’s President, Chief Operating Officer and Executive Vice President of Marketing and Merchandising during his 16-year tenure with the Company. The Board also announced that it has accepted the resignation of President and CEO, Dave Staples, who is leaving the Company and the SpartanNash Board.

“The Board remains confident in the Company’s strategic direction and its ability to generate top line growth; however, execution has fallen short of our expectations and we believe that now is the time for...

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Aug 12 9:36 AM, General News


Nathan's Famous, Inc. Reports First Quarter Results

Nathan's Famous, Inc. (“Nathan’s”, the “Company”,  today reported results for its first fiscal quarter ended June 30, 2019.

For the thirteen-week period ended June 30, 2019 (“first quarter fiscal 2020”):

  • Revenues were $30,518,000, as compared to $30,168,000 during the thirteen weeks ended June 24, 2018;
  • Income from operations was $9,448,000, as compared to $9,087,000 during the thirteen weeks ended June 24, 2018;
  • Adjusted EBITDA1 , a non-GAAP financial measure, was $10,173,000 as compared to $9,595,000 for the thirteen weeks ended...
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Aug 9 9:32 AM, General News


Retail Imports Remain at Near-Record Levels Despite Tariffs

Imports at the nation’s major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Even with virtually everything American imports from China soon to be subject to tariffs, it isn’t quick or easy for retailers to change their supply chains,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “That means American families are ultimately going to pay more for goods they can’t do without. And even if sourcing eventually shifts away from China, it will simply come from other countries. It’s time to stop punishing American businesses, workers and families for China’s wrongdoing.”

President Trump announced last week that new 10 percent tariffs on an additional $300 billon in Chinese goods will take effect on September 1. Coupled with 25 percent tariffs imposed on...

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Aug 9 8:31 AM, General News


Nielsen: Meet the New "Meat" Eater

Meat alternatives have made a big splash in consumer packaged goods (CPG), and sales are on the rise. But are manufacturers and retailers doing enough to educate consumers in this space? Getting consumers to try trendy plant-based foods is one thing, but encouraging long-term adoption and lifestyle change is another.

Today’s shoppers are, in many cases, omnivores, but they’re playing the field when it comes to exploring meat alternatives in their search for dietary protein. In fact, protein-seeking consumers are more likely than ever to consider all the options available to them. Nielsen Homescan consumer purchase metrics indicate that 98% of meat alternative buyers in America also purchase meat products. Conversely, 21% of U.S. meat buyers, also purchase...

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Aug 8 9:26 AM, General News


Meal Kits and Online Grocery Shopping Revitalize Interest in Home Cooking

More than half of U.S. adults claim they really enjoy cooking (53%) and more than a third consider the kitchen to be the most important room in the home (35%), according to data in the new report Eating Trends: Cooking & Food Shopping from market research firm Packaged Facts. These percentages are up compared to a decade ago.

Packaged Facts found that most people who don't cook at home either have a lack of time to grocery shop and meal prep or they lack confidence in their cooking skills. The latter reason is especially prevalent among Gen Z adults (ages 18-24) and to a lesser extent Millennials (ages 25-39).

The meal kit industry is arguably the best example of a food industry segment that's making it easier for adults to start cooking more at home again. The products are marketed to emphasize...

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Aug 7 8:16 AM, General News


Blue Apron Holdings Reports Second Quarter 2019 Results

Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results for the quarter ended June 30, 2019.

“Blue Apron’s next phase will be defined by focusing on our customers and our core business in order to return the business to growth in 2020,” said Linda Findley Kozlowski, Blue Apron Chief Executive Officer. “We’ve clearly and thoroughly demonstrated results in operational optimization and fiscal discipline throughout the organization. Now, we need to prove we can grow our customer base and revenue through both better execution and new initiatives that enable our core business to reach its full potential. Our market opportunity is large and we believe that it is growing, leading to...

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Aug 6 8:42 AM, General News


This Week in Retail: Enter the Dog Days

Goodbye July—hello August. The dog days of summer are here as we enter the lazy hazy final crazy days of the season.  

August is often referred to as the “Sunday of summer” and that perspective could bode well for retail sales as consumers seek to soak up the last few weeks of sunshine and outdoor activity before the school year resumes and the weather begins to transition again.

Beef is killing the retail game in recent weeks, taking the top weekly spot for protein feature volume during the entire month of July. Currently, beef ads account for 27 percent of circular real estate, beating out second placed seafood at 23 percent. Steak features make up about half...

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Aug 5 8:14 AM, UB Newswires


Retailers Respond to Administration’s Latest Tariff Escalation

The National Retail Federation today issued the following statement from Senior Vice President for Government Relations David French in response to the Trump administration’s plans to impose a 10 percent tariff on $300 billion worth of goods imported from China beginning September 1.

“As we’ve said repeatedly, we support the administration’s goal of restructuring the U.S.-China trade relationship. But we are disappointed the administration is doubling-down on a flawed tariff strategy that is already slowing U.S. economic growth, creating uncertainty and discouraging investment. These additional tariffs will only threaten U.S. jobs and raise costs for American families on everyday goods.

“The tariffs imposed over the past year haven’t worked, and there’s no evidence another tax increase on American businesses and consumers will...

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Aug 2 8:25 AM, General News


Amazon Announces Plans to Expand in Pennsylvania

Amazon.com, Inc. (NASDAQ: AMZN) today announced plans to open its 15th Pennsylvanian operations facility in Pittsburgh, creating more than 800 new, full-time jobs starting at $15 an hour with comprehensive benefits and opportunities in an industry-leading workplace.

“Pennsylvania is a great state for business and Amazon is excited to continue its growth and investment with our newest fulfillment center in Allegheny County,” said Alicia Boler Davis, vice president of global customer fulfillment, Amazon. “For nearly a decade, the Keystone state has been key to Amazon’s ability to serve our incredible customers and provide great selection and super-fast shipping speeds across the Northeast and Midwest regions of the U.S. Since 2010, the company has invested more than $8.5 billion in the state through its local fulfillment center and...

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Jul 31 8:27 AM, General News


Albertsons Companies Announces Executive Appointments

Albertsons Companies announced today that Jonathan Gardner has been named its new Group Vice President of Strategic Sourcing. In this new position, Gardner will report to Evan Rainwater, Senior Vice President, Strategic Sourcing and Manufacturing. Additionally, the company has promoted David Nelsen to Group Vice President of Manufacturing.

Gardner joins Albertsons Cos. following a successful nine yearsat Starbucks, where he began his tenure as Director of Sourcing for IT and Digital. Most recently, he served as Vice President, Global Sourcing and Supplier Relations. In this leadership role, Gardner was responsible for Beverage, Dairy, Packaging, Print Production, and Supply Development teams in Seattle. Additionally, he set strategic and cultural priorities for...

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Jul 31 8:16 AM, General News


Demand Rises for Groceries Online 

Today, there is hardly any field or area where technological advancements have not been made. In the retail sector, grocery shopping is expanding technologically. In the past, consumers generally grocery shopped at nearby supermarkets or convenience stores. However, with the increasing development of the internet and smartphones, online grocery shopping has gained popularity in recent years.

According to Research and Markets, grocery stores can be broadly categorized into three formats: small format, large format, and electronic/online. Online grocery shopping is a recent trend that has developed as a form of e-commerce. These stores can be in the form of brick-and-mortar supermarkets or...

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Jul 30 8:18 AM, Urner Barry


Amazon Share is Declining Amid Online CPG Sales Growth 

Amazon remains the leader in online consumer packaged goods (CPG), continuing to outpace the competition in share of sales and buyers. Yet, its share growth has slowed.

A downward shift in Amazon’s share of CPG sales in the U.S. sends an important message to retailers and manufacturers. Traditional and non-traditional retailers have been accelerating their responses to Amazon by adjusting their omnichannel offerings and strategies. These adjustments have helped them steal share from the global online player, but other factors are at play.

Today, the playing field online has become exponentially more crowded, and while that does bring complications, it also means that many merchants have begun to...

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Jul 30 8:18 AM, General News


Walmart Begins Pilot with Autonomous Vehicle Company Gatik

To address consumer demand for convenience, Walmart is bringing the best of their grocery pickup and delivery service to communities across the United States. The company is testing new and innovative capabilities that will improve the business and shape the future of retail. Walmart has been exploring pilot options with self-driving car companies that include customer delivery as well as transporting goods between store locations. Today, Walmart has announced a new pilot with autonomous vehicle company Gatik.

In March, Arkansas passed legislation that allows self-driving vehicles to operate in the state. Through Gatik, Walmart is staying on the cutting edge of grocery pickup by testing the vehicles to move customers' orders on a two-mile route in Bentonville between stores. This will aid Walmart in learning more...

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Jul 26 9:31 AM, Urner Barry


U.S. Department of Labor Releases Productivity and Costs by Industry Report

The United States Department of Labor’s Bureau of Labor Statistics released its productivity and costs by industry in 2018 report. The report highlighted changes in the productivity of employees in various industries, along with the compensation workers receive.

The report provides statistics for merchant wholesalers that sell grocery and related products, food and grocery stores, and foodservice and drinking places.  

The report highlighted various statistics, including an upswing in labor productivity for foodservice in 2018, which climbed by 1.6 percent. In the same industry...

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Jul 26 8:19 AM, General News


Packaged Facts: Retail Breakfast Trends Focus on Health-Related Product Claims and Positioning

Health and wellness trends have significant impact on consumer attitudes and behaviors when shopping for food and beverages, according to market research firm Packaged Facts in the report Breakfast: Retail Product Trends and Opportunities in the U.S., 2nd Edition. The dilemma is that health is a subjective term. This means there is a range of desired product attributes that consumers seek out to fit within their perspective of what's healthy.

While low calorie and low carb were at one time benchmarks for health food, attention has shifted to a greater focus on low/no sugar or low/no added sugars. Sugar is an ingredient in many packaged breakfast foods, especially cereal and breakfast pastries.

Health trends are moving away from being diet-focused in favor of adopting a healthy lifestyle. With increased knowledge of food sourcing and...

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Jul 26 8:17 AM, General News


Hormel Foods Launches New Single-Serve Lunchmeat

The makers of Hormel® Natural Choice® deli meats announced today the addition of new single-serve lunchmeat options, further expanding the brand's growing portfolio of 100 percent natural deli meats, snacks and bacons made without artificial preservatives or ingredients.

Packaged with 2 ounces – or five slices – of 100 percent natural* deli meat, the new offering provides additional, convenient choices for consumers to enjoy their favorite lunch meat.

"We've received feedback from consumers that smaller households sometimes struggle to get through the entire package of lunchmeat, so we wanted to provide...

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Jul 25 8:27 AM, General News


Albertsons Reports First Quarter Results

Albertsons Companies, Inc. (the "Company") today reported results for the first quarter of fiscal 2019, which ended June 15, 2019.

First Quarter of Fiscal 2019 Highlights

  • Identical sales increased 1.5%
  • Adjusted EBITDA increased 7.5% to $877 million compared to last year
  • Net income of $49.0 million compared to a net loss of $17.7 million last year
  • Own Brands sales penetration reached 25.3%
  • Digital and eCommerce sales grew 33%
  • Net debt leverage reduced to...
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Jul 25 8:26 AM, General News


Kroger and Ocado Break Ground on America's Second High-Tech Customer Fulfillment Center

The Kroger Co. (NYSE: KR), America's largest grocery retailer, and Ocado (LSE: OCDO), one of the world's largest dedicated online grocery retailers, today broke ground on America's second customer fulfillment center (CFC), located in Groveland, FL – a new market for the retailer.

"Kroger is excited to enter Florida to redefine the customer experience through our industry-leading partnership with Ocado," said Rodney McMullen, Kroger's chairman and CEO. "There's a substantial demand for Kroger products and services in the state, and we're eager to offer a new and seamless experience through the customer fulfillment center, leveraging advanced robotics technology and...

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Jul 25 8:25 AM, General News


Mobile Payment Trends Create Growth in Global Food E-Commerce

A country’s mobile payment usage will be an increasingly strong indicator for its food e-commerce market going forward, as consumer familiarity with making mobile payments is key for boosting online shopping, reports Packaged Facts in the recent market research study Global Food E-Commerce (published May 2019).

Research in the report reveals that:

  • The rapidly growing penetration of smartphones means that an increasing share of total e-commerce transactions will be performed via mobile devices, rather than computers.
  • Mobile devices are essential to omnichannel sales strategies that integrate online and offline shopping experiences.
  • Mobile apps are the payment platforms used in cashierless grocery stores.

Mobile payments are central to online-to-offline grocery experiences such as Alibaba’s Hema Fresh and JD.com’s 7Fresh in China. U.S.-based Kroger and Walmart also offer...

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Jul 24 8:28 AM, General News




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