Food Retail Archive > Page 19

Major Retailers Begin Intense Hiring Push

The retail industry is hiring at a record pace. In June, the industry saw 1.1 million job openings even after more than 1.1 million workers got hired in a massive hiring spree, reported NPR (Aug. 26). Still, employment …

Albertsons Launches Shoppable Videos with Firework

Albertsons Cos. has entered the shoppable media space in a new collaboration with video platform Firework. Through the partnership, the grocer aims to transform its digital offerings with community-oriented experiences led by interactive short-form and …

How Misfits Market Doubled its Valuation Overnight

Online grocer Misfits Market Inc. nearly doubled its valuation in just five months, making it a unicorn twice over. The direct-to-consumer e-commerce platform buys so-called “ugly” produce from farmers that cannot be sold to stores for aesthetic reasons …

PREVIEW FOCUS: America’s Growing Food Waste Problem

Food waste has become a significant issue around the world, but nowhere more so than in America. In fact, about $161 billion of food is wasted in the U.S. every year, per Rubicon research. In …

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 …

Shoppable Content: The Next Chapter in Digital Advertising

As competition intensifies across the media advertising landscape, major retail players are differentiating themselves with technologically-optimized content that advances the omnichannel purchasing experience. The recent partnership between Walmart and media corporation Meredith has upped the …

Coffee Innovations Hitting Higher Gear

Coffee’s popularity in the U.S. shows no signs of slowing. More than half of Americans over 18 years old drink coffee daily, with the average coffee drinker consuming three cups of coffee per day, as …

Worker Shortages Spurring Rash of Labor Unrest

Chronic labor shortages and mandatory overtime appear to be fueling union unrest as the economy bounces back from the pandemic, with workers realizing they aren’t as powerless as they once were. “With the pandemic and …

Report: Eating at Home Trend Here for the Long Haul

The COVID-19 pandemic simply accelerated Americans’ shift to a home-centric lifestyle, according to a new report by The NPD Group. But the tendency to largely hunker down at home was already apparent prior to the …

What Does the Future Hold for Delivery Apps?

It seems like every few weeks food delivery apps are finding themselves in hot water. Most recently, Chicago officials accused both DoorDash and Grubhub of harming city restaurants and customers through high fees and other deceptive …

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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, …

E-commerce is Slowing; Will the Trend Continue?

With July U.S. retail sales off 1.1% overall, Walmart bucked the trend, reporting a second-quarter increase of 2.4%, compared to last year, while Amazon missed revenue estimates for the first time in nearly three years. …

GUEST COLUMN: 5 Predictions for the Wine World

What will the post-pandemic future hold for wine retailers? The global wine sector is large and highly fragmented, so it’ll take some time to fully measure and understand COVID’s impact on the segment. For wine …

Update: Major Food Companies Ramping up ESG Efforts

With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …

Examining the Wine Industry’s Post-Pandemic Challenges

Editor’s note: Juan Ruiz is a finance and investment professional with over 30 years’ experience collecting and reviewing wines. He’s a graduate of New York’s Institute of Culinary Education’s Intensive Sommelier Program and a certified …

How High Can Prices Go: Top Consumer Foods

As pandemic restrictions eased, pent-up consumer demand kept inflation elevated. In July, the overall consumer price index (CPI) rose 0.5%, a somewhat moderate gain relative to recent increases. Yet, over the past 12 months, price …

Employers’ Latest Hiring Tactic: Tuition-Free Degrees

Hiring and retaining employees has been a battle throughout the coronavirus pandemic, so companies are upping their game, waving perks like signing bonuses at workers. Now, the latest trend entails major employers like McDonald’s offering …

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 …