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 …
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% …
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 …
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, …
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 …
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 …
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 …
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. …
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 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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 & …
Walmart plans to open up its in-house delivery platform, Spark Driver, to other businesses. The retailer is doing so to allow the independent contractors out delivering Walmart merchandise to make additional deliveries along the way, …
Since acquiring Whole Foods for $13.7 billion in 2017, Amazon has been looking to further expand into the $900 billion U.S. grocery industry through its Amazon Fresh stores. And, with online grocery delivery growing about …
While grocery stores are experiencing an uptick in foot traffic this summer, most salad stations have stayed dark. Many grocers, including Hy-Vee’s, Wegmans, and Stop & Shop have no plans to reopen them anytime soon, …
Consumers in over 400 cities can now have their groceries delivered by Uber. The company’s Uber Eats division recently partnered with 1,200 Albertsons-owned stores, as well as 25 Costco locations across Texas—marking Uber’s first pilot …
Instacart is developing a media retail network ahead of its highly anticipated public offering and is positioned to raise ad revenue by 30% — or $700 million — in 2022, reported The Wall Street Journal …
Panera Bread is now catering to remote and hybrid employees as it moves to regain sales in the once high-ticket sector. The chain’s new program, Panera Connects, enables companies to host catered meetings regardless of …
French restaurant owners and workers are worried: Are they about to turn into the virus police? Retailers don’t understand how they’ll keep people who haven’t had a COVID-19 vaccination out. France is in the forefront …
In today’s omnichannel world, customer loyalty is difficult to earn and just as tough to maintain. With that, keeping pace with customers’ evolving tastes is an undeniably tall task. These issues were analyzed recently during …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: grocery inflation, menu price hikes, cost saving ideas, and more. Don’t be surprised …
Coop, one of Sweden’s largest supermarket chains, was forced to close some 500 stores due to an ongoing cyberattack affecting organizations around the world, reported BBC (July 4). Though the supermarket itself was not targeted …
Amazon broke new ground in the retail space with the recent debut of its “Just Walk Out,” cashierless checkout system at a grocery store in Bellevue, Washington. Amazon’s VP of Physical Retail and Technology, Dilip …
