Archive for the ‘FOOD & BEVERAGE’ Category

Survey: Few Older Americans Grocery-Shop Online

The number of Americans over 50 who are online grocery-shopping is relatively low, with only 17% ever having ordered groceries to be picked up from a store, 17% from a prepared meal delivery service, 16% ever having ordered groceries to be delivered, and 10% having ordered from a meal-kit delivery service. Those are among the […]

UNFI to acquire SUPERVALU

United Natural Foods, Inc. (UNFI), Providence, R.I., announced plans to acquire SUPERVALU INC., Minneapolis, for approximately $2.9 billion. The transaction will greatly expand UNFI’s customer base and exposure across channels, including those where demand for “better for you” products is increasing.

Report: Online grocery reaches 5.5% of total sales

Online grocery spending continues to grow at a rapid pace, now making up 5.5% of total grocery spending in the U.S., according to a new study from advisory firm Brick Meets Click. Nearly 30% of U.S. households buy groceries online, and most of the near-term growth in online grocery spending will continue to come from […]

Campbell Soup, Nestle placing bets on personalized nutrition

Personalized nutrition is “the next big opportunity” for packaged food companies, said Stephanie Naegeli, global director of marketing and innovation food at Nestle S.A. “It’s also a huge challenge because what C.P.G. is traditionally really good at is producing the same product at scale,” Ms. Naegeli said during a panel discussion at the Future Food-Tech […]

CEO DOUG MCMILLON ON THE FUTURE OF WALMART

The National Retail Federation named Doug McMillon, CEO of Walmart, The Visionary at the NRF Foundation Gala on Sunday, honoring him for his contribution to the retail industry.

ReFED: Tackling food waste is an $18.2B opportunity for retailers

ReFED, in partnership with the Food Waste Reduction Alliance, has released a new Retail Food Waste Action Guide aimed at expanding voluntary food donation and organics recycling. “Food waste is an $18.2 billion opportunity for grocery retailers,” ReFED Executive Director Chris Cochran told Waste Dive. “There’s a business case here.”