Tag: grocery > Page 6

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 …

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 …

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 …

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 …

Walmart Makes Major Play in Last-Mile Delivery

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, …

Online Delivery Boosts Prospects for Amazon Fresh

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 …

Why Salad Bars May Become a Thing of the Past

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, …

Uber Eats Makes Significant Inroads with Food Retailers

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 …

The Future of Catering? Panera Focusing on Remote Workers

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 …

The Future of Food Retailing and The Accelerated Digital Age

The Future of Food Retailing and The Accelerated Digital Age WELCOME TO THE BIGGEST SHIFT IN RETAIL HISTORY In this omnichannel world, customer loyalty is hard to earn and maintain. Keeping up with consumers’ unique ...

Analysts: Brands Must Embrace Omnichannel Approach

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 …

Advertisement
FI-Home-NEW-2020Gaps
FI-Home-NEW-2020Gaps
Advertisement

FI Fast Break audio news: June 30, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the historic heatwave impacting crops in the Pacific Northwest, Dunkin’ Donuts’ shift away from plant-based sausage, and the increasing interest surrounding grocery-anchored …

Popularity of Frozen Food Continues to Solidify

Frozen food experienced significant growth throughout the pandemic, and demand for the category remains sticky. Data suggest that the popularity will linger in the long term, as consumer shopping patterns continue to favor the convenience …

The Omnichannel Shift Transforming CPG Companies

For the last 5 years, many people believed that CPG e-commerce would be dominated by an Amazon-like model based on fulfillment from warehouses. This deeply impacted their organization, ways of working and analytics. However, shoppers …

Rapid Digital Convergence Propels Shift to Omnichannel Commerce

Pandemic pressure from consumers has supercharged e-commerce technology and triggered its rapid adoption, ultimately blurring the boundaries between traditional food categories like never before. The stage is now set for an omnichannel future wherein providers …

Survey: Rising Food Prices Have Consumers Changing Allegiances

Escalating food and grocery prices have many U.S. shoppers rethinking their loyalty to retailers and brands, according to a new survey by Inmar Intelligence. Although vaccines and looser business restrictions are making consumers eager to get …

‘Revenge Spending’ the Latest Trend Driving Earnings

Walmart recently posted strong quarterly sales growth and boosted its profit outlook, as comparable sales increased 6% for U.S. stores, excluding fuel, according to Bloomberg (May 18). The retailer attributed the strong performance to a …

Latest Delivery Innovations Bring Groceries to Your Garage, Fridge

Recent delivery innovations by Amazon, Kroger, and Walmart are bringing groceries beyond consumers’ doorstep. Sales from grocery deliveries surged throughout 2020 and demand for the service remains high. In February 2021, online grocery deliveries and …

Foreseeable Future Appears Bright for Grocers

Online grocery usage has skyrocketed in recent years: 73% of consumers had purchased grocery items online within the last three months, compared to 17% in 2017, according to a survey by Power Reviews. Of course, …