Walmart has recently made business moves that indicate it’s shifting its focus from international markets to digital operations. International Divestures In 2018, Walmart sold an 80% stake in its Brazilian operations to a global profit …
Although much of the grocery industry is prospering, trips to Whole Foods in September were down 25% from a year earlier, according to Placer.ai, reported Bloomberg (Oct. 7). Some of the decline is due to …
Walmart sold a majority stake in Asda to a consortium that includes brothers Zuber and Mohsin Issa and the private equity firm TDR Capital in a deal that values the supermarket chain at about $8.8 …
TikTok, a platform where some 50 million U.S. daily users share short-form videos, has been receiving attention in the media as the Chinese-owned company searches for a U.S. buyer. The app is not only a …
Shopify Inc. is seen as one of the biggest winners in the retail shakeout following the coronavirus pandemic, reported The Wall Street Journal (Sept. 8). Millions of small businesses were forced to adapt to online sales …
With popularity of frozen foods up during the pandemic, supply chains for frozen products are undergoing their own set of challenges. Eighty-six percent of consumers said they bought frozen food in March and April, with …
Online grocery shopping has surged during the COVID-19 pandemic. Before COVID-19, online accounted for less than 10% of food sales, according to Ernst & Young LLP (EY). By June, 45% of food sales were online. …
Food Institute Focus – The Online Grocer Wave and the COVID Accelerant
Food Institute Focus – Walmart Launches an Amazon Prime Competitor
Food Institute Focus – Latest Deals Prove Grocery Delivery is a Necessity
Food Institute Focus – Walmart Accelerates E-Commerce Business
Food Institute Focus – Will Retail and Dining be Changed Forever?
Food Institute Focus – Amazon Consumers Shop More But Satisfied Less
COVID-19 has changed the way many Americans shop for groceries today, driving a 192% increase in online orders for delivery and pickup services versus the summer of 2019. This has stressed supply chains, disrupted retail …
Food Institute Focus – Profits Before Health
As delivery becomes more crucial in business, companies are always innovating to find the ideal way to complete the last mile. Amazon Prime’s free and fast shipping set the bar for the industry. During the …
Food Institute Focus -Delivery Accelerates Due to Coronavirus
E-commerce is no longer considered an option for retailers if they want to keep up with competition. The average online grocery shopper spends 32.7% of the grocery budget online, according to a report from Acosta. …
According to U.S. Census Bureau, e-commerce in the U.S. during 2019 reached almost $600 billion, a staggering figure when considering the first products sold online occurred only about 25 years ago—about the time when Amazon …
According to Nielsen, at the close of 2019, brick-and-mortar food distribution represented the largest share of grocery sales—especially for fresh food. Despite this factoid, things are changing fast. In Nielsen’s words, “e-commerce maintained its meteoric …
As Chinese consumers stay home to avoid the coronavirus, delivery and e-commerce companies have an opportunity for growth. People are turning to ordering groceries online from companies with quick delivery times, reported CNBC (Feb. 6). …
Many e-commerce businesses are beginning to take advantage of artificial intelligence (AI) to help in searching, sorting, and finding relevant data. Giants such as Amazon, eBay, and Flipkart are standing on the cutting edge of …
Food Institute Focus – Omnichannel Shoppers Will Dominate by 2025
Food Institute Focus – Future of Food Ordering Businesses Unclear
