Tag: grocery > Page 4
Keys to Combatting Inflation for Grocers
Inflation is causing shoppers to rethink their buying journeys, which has made price a more important factor than ever. That is affecting how shoppers both plan and execute their supermarket trips, and grocers must start …
In-Store Bakery Segment Seen Rolling in Dough by Next Year
After a challenging number of years, it looks like the bakery industry is in good shape. In Rabobank Consumer Foods Analyst JP Frossard’s third edition of “Bakery Bites,” he looks at current growth drivers for …
Omnichannel Fulfillment Changing the Face of Inventory Management
The rise of in-store fulfillment was rapid, and it created new challenges alongside new sales opportunities. Customers are demanding faster speeds and more convenience while grocers now need to juggle multiple fulfillment options while keeping …
Cashierless Tech Creating New Channel for Growth
Image courtesy of Whole Foods Market Cashierless stores are a promising technology that could redefine how shoppers interact with grocery stores, but the field is still in its relative infancy, with experimentation ongoing. While solutions …
Kroger’s Restaurant Supply Business Could Disrupt Foodservice Distribution
Image courtesy of The Kroger Co. Kroger is trying its hand at foodservice distribution. The grocer recently launched a restaurant supply business that offers next-day delivery to businesses in the greater Dallas area. Kroger …
What Are the Top Online Grocery Pain Points?
It’s been over two years since the start of the pandemic, a span in which many consumers began ordering groceries online for the first time. Though significant improvements have been made along the way, there …
Skyrocketing German Grocery Prices Seen on Soaring Inflation
Crisp Executive Sees Supply Chain Problems into Next Year
Supply chain backups are easing – if ever so slightly – according to one industry executive. “As economies open back up, there are fewer restrictions on the movement of people and goods,” Barry Bradley, head …
Why Are Private Label Products Not Thriving Amidst Inflation?
Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …
Grocery Stores Have More Work to Do on Sustainability Efforts
Consumers think grocery stores have a lot more work to do on sustainability, according to a recent survey from Retail Insight. More than half of respondents said grocery stores must improve their sustainability claims and …
Functional Ingredients Move to the Forefront
Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here. Dr. Kellyann Petrucci, a New York Times best-selling …
Can the Seafood Supply Chain Hold as Demand Rises?
While the seafood sector appears well positioned for growth, can the supply chain hold as demand rises? The Food Institute takes a closer look at some of the category’s recent developments. Supply chain implications as …
Why Consumers are Still Buying in Bulk
Nearly two years into the COVID-19 pandemic, consumers are still buying in bulk. Following over 20 years of steady but slow sales growth, sales at bulk retailers Costco, Sam’s Club and BJ’s Wholesale Club, rose 26.6% …
Can Beef Prices Moderate Amid Recent Developments?
Beef prices are up, but relief could be on the way. Retail beef prices rose 30% from the beginning of 2020, before pandemic lockdowns started, to a peak of $7.90 per pound in October, before …
Why Exponential Growth Works Better than Blitzscaling for New Consumer Brands
The steady volume of Silicon Valley unicorns in the past 15 years has buried the fact that growth operates very differently in consumer startups, especially for the manufactured consumer package goods (CPG) that fill Target, …
Retail Rankings: Value, Digital Strategies Key Factors in Winning Customers
The past year has been hugely impactful on the world of grocery. Dunnhumby’s latest Retailer Preference Index (RPI) dives into who saw success this year and how they got there, as well as the effects …
Consumers Expecting 2022 Grocery Price Surge
With grocery prices at a 10-year high, a recent survey by KPMG finds consumers expect prices to rise even more in 2022, with everything from mac-and-cheese to mustard and produce logging hefty increases. The KPMG …
Holiday Shopping Update: ‘Turkey Wednesday’ a Boon for Grocers
Last-minute Thanksgiving shopping led to major gains for the nation’s top grocery stores this year. A new report by analytics firm Placer.ai shows the nation’s top grocery store chains saw a big jump in foot …
Kroger, Kellogg part of ‘Strikesgiving’ wave
With the pandemic threatening to intrude on a second holiday season and the nation’s workers rethinking what they want out of their jobs and careers, labor unrest has been sweeping through U.S. companies of late. …
Delivery Innovation Hitting Higher Gear, Especially in U.S.
Chicago residents in need of last-minute ingredients are in luck. Getir, the Turkish provider of ultrafast, 10-minute grocery delivery, started operations in the Windy City this week. The company, which was founded in Istanbul in …
Kroger Banking on Fulfillment Centers to Challenge Publix, Walmart
Kroger may be more than a century old, but the venerable grocery store chain is taking a page from more recent upstarts and betting on e-commerce to keep it ticking long into the 21st century. …
Thanksgiving 2021: Buy Early, Expect Higher Prices, Look for Substitutes
Following a year of supply chain issues and inflation, Thanksgiving dinner could look a little different—and more expensive—this year. Consumer Reports found that turkey prices could go up anywhere from 10 to 15% this holiday …
Gellert Global Group Acquires Assets Of Mitsui Foods, Inc.
Elizabeth, NJ, Nov. 2, 2021/FINewswire/– The Gellert Global Group has purchased specific assets of Mitsui Foods, Inc., a subsidiary of Mitsui & Co. (U.S.A.), Inc. Since 1953, Mitsui Foods has been importing fine grocery and …
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Q&A: Kellogg Exec Notes How Pandemic Has Altered Snacking
Nigel Hughes had an uncomfortable thought at the outset of the coronavirus pandemic. The SVP of global research and development at The Kellogg Company feared his company might struggle in the snack space amid pandemic lockdowns, since …
Holiday Food Sales Seen Rising if Pandemic Constraints Kept in Check
As the holiday season approaches and retail projections begin rolling in, food sales look promising. That is, as long as the pandemic and its accompanying labor and supply constraints are kept in check. Overall, holiday …
Analysts: More Retailers Should Adopt Last-Mile Gig Delivery
In a recent Barclays conference call, a team of analysts discussed the success of gig delivery and how it could become a compelling offering for retailers. Here’s a look at the key takeaways from the …
STUDY: Consumers Growing Increasingly Cautious and Price Sensitive
A newly released study conducted by Vericast indicates consumers are leaving brands that aren’t perceived to offer value. The 2021 Deals & Coupons Report conducted by the marketing solutions company reveals that consumers are increasingly …
Online Grocery and Delivery Companies Find Success Owning the Supply Chain
While Amsterdam-based e-grocery platform Picnic recently made headlines by raising $707 million in a Series D funding round led by the Bill & Melinda Gates Foundation, perhaps the bigger news is how Picnic and other food …
Food Sales: Fresh Fruit Sales Experiencing Uptick in Higher Inflationary Environment
Fresh fruit dollar sales at the retail level continue to enjoy growth when compared to 2020, according to Food Institute analysis of IRI data. In the 52 weeks ending Sept. 5, dollar sales of items …
How Amazon is Changing the Grocery Landscape
A detour to the grocery store on the way home from work used to be just part of the daily grind, but all that has changed, and Amazon’s entry into the grocery business is moving …
Higher Food Prices, Lower Inventory Expected Through Holidays
According to industry experts, consumers can expect to see higher prices in the last quarter of this year in several grocery categories. Ingredient suppliers are seeing longer lead times because of issues like labor shortages …
Facing Mounting Pressures, Kroger Becomes Latest to Pass Along Higher Prices
On a recent earnings call, Kroger CFO Gary Millerchip said the retailer will be “passing along higher cost to the customer where it makes sense to do so.” The CFO acknowledged the company’s facing pressures …
Rising Food Costs Heighten Financial Insecurity Among Seniors
Food price spikes across the U.S. are forcing many senior citizens to visit food pantries or cut back on the number of meals they eat per day. In a recent survey by The Senior Citizens …
Labor Shortages Continue to Drive Supply Chain Woes
Massive supply chain disruptions continue to pervade the U.S. food sector, with labor challenges triggering shortages from raw materials and ingredients to packaged goods. Some of the largest U.S. food distributors, including United Natural Foods …
New Albertsons Offering Illustrates Strong Demand for Online Shopping
Albertsons Cos. has begun piloting an Instacart-powered online grocery pickup service in six major cities. The new click-and-collect service, which is currently available in 40 stores, will work in tandem with Albertsons’ Drive Up & …