Despite reaching a sobering coronavirus milestone earlier this week, U.S. drug stores and grocers are increasingly optimistic that they will be able to support in-store COVID-19 vaccination efforts as supplies become available at their stores. …
U.S. online grocery sales reached $8.1 billion during November, continuing a trend of more than $8 billion in monthly sales dating back to May, according to the Brick Meets Click/Mercatus Grocery Shopping Survey. The survey …
U.S. consumers spent an estimated $9 billion this year on U.S. retail websites for Black Friday, according to Adobe Analytics, reported AL.com (Nov. 28). The spend represents a 22% increase over a record $7.4 billion …
Ahold Delhaize will acquire a majority stake in FreshDirect, with plans to accelerate its growth online and around New York, reported Winsight Grocery Business (Nov. 18). The acquisition will allow Ahold Delhaize to begin its …
Amazon opened an online pharmacy Nov. 16, allowing customers to order medications and prescription refills for delivery, reported CNBC (Nov. 17). The retail giant has been building its pharmacy offering for several years now. In …
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 …
Grocery shoppers are gravitating towards more premium products, according to data from IRI. Unlike the beginning of the pandemic, when consumers raced to stock up on household staples, shoppers are now turning toward specialty items …
The most “digitally mature” grocery retailers are capturing a considerably greater share of the growth of a growing shopping modality, according to the results of 2020 Grocery Digital Maturity Benchmark Study from Incisiv, reported Winsight …
Albertsons Companies introduced Albertsons Pay, a new zero-touch checkout experience. Available through its updated just for U loyalty app, it offers shoppers with a secure and contact-free way to pay, use discounts, and earn rewards. The new technology is …
Grocers and suppliers feel more prepared for a second surge of COVID-19, reported The Boston Globe (Oct. 19). Most grocers and wholesalers began stockpiling items that were popular during the first wave of shutdowns. Some …
Amazon issued a warrant to purchase up to 5.4 million shares in SpartanNash, according to a filing with SEC, reported The Motley Fool (Oct. 9). The warrant has been issued specifically to Amazon.com NV Investment …
Grocers are stocking up to prepare for a possible surge in sales amid a second wave of the COVID-19 pandemic, as well as the holiday rush, reported The Wall Street Journal (Sept. 27). Food companies …
While restaurants continue to feel the weight of the pandemic, retailers are still benefiting. Nearly one in six restaurants, representing 100,000 foodservice establishments, have closed permanently or long-term in the six months following the first shutdown orders …
Kroger forecasted growth of more than 13% for 2020 in its latest earnings report. Sales were up 8.2% to $30.5 billion in second quarter, with growth up 139% excluding fuel. Identical store sales increased 14.6%, …
More than half of shoppers plan to stock up on groceries if another coronavirus-related shutdown occurs, according to data from Acosta. “As COVID cases continue to rise, most shoppers believe we’re headed for another shutdown …
Retailers are developing new strategies in an effort to one up each other in the battle for delivery advantage. Walmart will launch Walmart+, a membership service that could help it better compete with Amazon Prime. …
Julie Companey, director of client strategy for grocery, drug, and mass retail channels at Valassis, discusses the retail industry’s continued adaptation in the wake of the pandemic, and efforts companies can take to be better …
German discount grocers Aldi and Lidl have been capturing a larger share of the U.S. grocery market over the past several years. The stores have increased sales and attracted shoppers with simpler stores that offer …
DoorDash plans to open an initial public offering in the fall, according to people familiar with the matter, reported Bloomberg (Aug. 22). The company had previously considered going public through a direct listing but decided …
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. …
As the new year rolled around, no one could have predicted the drastic changes grocery retailers would face in the first half of 2020. The COVID-19 pandemic created major disruptions in consumer buying patterns, online …
As consumers turned to stockpiling when stay-at-home orders were enacted at the onset of the coronavirus pandemic, food manufacturers were forced to pivot to new operating models to ensure profitability. Avenues targeted included direct-to-consumer models, …
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 – Switching From Global to Local Food Supply Chains
Food Institute Focus – Consumer Buying Patterns Emerge at Grocery Stores
Food Institute Focus – Will Retail and Dining be Changed Forever?
Food Institute Focus – Consumer Perceptions of Food Industry During Pandemic
Food Institute Focus – Retailers Face Their Future
Food Institute Focus – Restaurants-as-Markets Model Not a Passing Fad
Food Institute Focus – Walmart Achieves Sales Increase in First Quarter
Food Institute Focus – How COVID-19 Could Change Grocery Shopping Indefinitely
Food Institute Focus – Consumers Feel Guilty About Having Food Delivered
Food Institute Focus – The Future of Food Industry Post-Pandemic
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 …
