Food retailers have little time to keep on top of business intelligence. The Food Institute allows its retailer members to have more time taking care of the business by offering brief, concise and timely reports on the trends and developments they need to know about.
The Organic Trade Association launched a pilot project to prevent and detect fraud in the global organic system. The three-month project was initiated to develop a voluntary fraud prevention program for organic companies, beginning with a "best practices" guide to facilitate the industry-wide implementation of systems and measures to prevent organic product fraud, both in the U.S. and abroad. Full Story
Almost half of retail real estate investors said grocery anchored shopping centers are the most attractive retail investment, according to a report from Real Capital Markets. Investors note to survive in today's marketplace, retailers need to create experiences for consumers, something that will inspire them to leave their computers and go to a physical store, reported RE Journals. Full Story
Unusual flavor combinations, healthy indulgences and over-the-top treats were some of the top trends at the Sweets & Snacks Expo in Chicago. Smarties Candy introduced a new logo, fresh packaging and a smoothie-inspired product line, From the Ground UP introduced cauliflower-based pretzel products, and Nestle launched Butterfinger Candy Pop popcorn. Private labels were also popular, as brands such as Target's Archer Farms and Trader Joe's are emphasizing better and fewer ingredients to appeal to healthy and natural trends, reported Chicago Tribune. Full Story
Amazon is moving its contract-delivery driver support unit to Phoenix. The growing Arizona unit is home to other centralized operations teams and has more space to grow the service to Amazon's range of delivery services, including Prime Now, Amazon Restaurants, and Amazon Fresh businesses, across the western U.S., reported Seattle Times. Full Story
Tesco plans to ban all non-recyclable plastic by the end of 2019. The supermarket retailer asked the UK government to help it to enable a "closed loop" recycling system in which waste is avoided altogether, reported The Independent. Full Storyread more
The Food Institute and asset solutions partner Harry Davis & Company are teaming up to deliver a free webinar on June 19 entitled “Understanding Your Assets: Expert Strategies for Food & Beverage Processors.” They will explore what value food manufacturers may be leaving on the facility floor, the basics of asset management, the various scenarios for valuing your assets, and a suite of strategies to maximize your assets’ value.
Despite the warnings of Elon Musk, artificial intelligence is on its way. It's not a topic we've shied away from in the Food Institute Blog, either, but a few developments over the past few weeks have inspired me to once again dive into the technology of the future in hopes of determining how it will affect the food...read more
Now, more than ever, the issue of food waste is top of mind for the food industry. Despite retailers, foodservice operators and manufacturers trying to tackle it head on, many challenges lurk around the corner. Despite this, innovative and impactful approaches abound to tackle this complex concern.read more
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