CPG: Food & Bev

  1. CPG: Food & Bev

Smaller Menus Speed Up Service

  The old adage ‘time is money’ has not changed and if your menu has out grown it’s welcome it just might be tie to remove lot’s old menu items and add one or two new featured items to let your customers know your business is still relevant and not just a vestige of the […]
4 min read
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  1. CPG: Food & Bev

Casey’s General Store Technology Solutions Make Us Better

  Casey’s General Stores continues looking a customer ahead entering into new technology partnerships that will reduce ‘pain-points’ for both customers and employees according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Casey’s is upgrading its foodservice program with two new technology solutions that will streamline operations and while adding convenience to the ordering […]
3 min read
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  1. CPG: Food & Bev

Food and Beverage Retailer Holiday Hiring Tips

  It’s that time of the year to begin hiring for the holiday season. With the battle for share of stomach continuing to drive a wedge between restaurants, grocery stores, and convenience stores the companies that are not understaffed will win this holiday season.  Today Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® […]
9 min read
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  1. CPG: Food & Bev

How Ben Bridge Uses Subscription Diamond Inventory Tech to Propel Growth

Engagement ring spending in the United States rose 9.2 percent in 2022 year-over-year, according to the latest data from The Wedding Report, and another 2 million-plus weddings are likely for 2023. As a result, there are going to be lots of young couples walking into jewelry stores with that gleam in their eyes, ready to […]
2 min read
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  1. CPG: Food & Bev

Instacart Shares Up 12 Percent In First Day of Trading

•  From the Wall Street Journal: “Instacart’s shares jumped in their trading debut, another promising sign for a reawakening IPO market. “Shares of the grocery-delivery company finished their first day of trading at $33.70 on Tuesday on the Nasdaq exchange under the ticker CART, up 12% from the IPO price of $30 a share. “Instacart’s […]
2 min read
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  1. CPG: Food & Bev

Instacart’s IPO Raises $660 Million; Grocers Have Skin In The Game

Grocery delivery company Instacart launched its initial public offering (IPO) yesterday, raising $660 million with a $30 per share price that was at the top end of its offering range.  The price reflects a $10.2 billion valuation;  the company is making less than 10 percent of its shares available. Public trading of Instacart’s shares will […]
4 min read
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  1. CPG: Food & Bev

Your Views:  Multiplier Effects

On the subject of treating employees in a way that keeps them engaged, one MNB reader wrote: I have a nephew with limited cognitive skills but is a loyal bagger at a Michigan Kroger. On his fifth year of service he received a package containing Thank You cards from store management and fellow workers as […]
9 min read
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  1. CPG: Food & Bev

Instacart eyeing $9.3B IPO valuation

    [[“value”:” More details are coming in about Instacart’s initial public offering (IPO). The grocery delivery company submitted an updated filing for its IPO and said it plans on generating up to $616 million in new capital, according to reporting by CNBC. Related: Instacart unveils new omnichannel and AI solutions for grocery The […]
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  1. CPG: Food & Bev

Grocerant Food Sales Success Should Start with Breakfast

Do you want to sell more food? Ok, then insights matter if you are selling food.  Restaurants, Convenience Stores, Service Deli’s, Bodegas all need to know how they are doing compared to others selling meals and meal components for the same dayparts according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Regular […]
3 min read
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  1. CPG: Food & Bev

Worth Reading:  Aisles Of Lies

Yesterday we took note of the lawsuit challenging fast feeders on the grounds that their advertising of various products is not consistent with the actual items. Well, the challenge is spreading. The New Yorker has a piece this week entitled “The Lies In Your Grocery Store,” which describes how one lawyer is targeting products sold […]
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  1. CPG: Food & Bev

The ultimate guide to employee retention strategies

In an increasingly competitive world of business, companies face the daunting challenge of not only attracting, but retaining their top talent. Imagine you’ve assembled an outstanding team only for some members to leave in search of greener pastures just when things were getting going. Not only is that an absolutely irreparable loss, it’s also a […]
4 min read
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  1. CPG: Food & Bev

The Honey Baked Ham Finds Relevance in Tailgating

  Expanding relevance to your existing customer base is key too edifying a long-lasting loyal relationship and The Honey Baked Ham Company has found new relevance in tailgating according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. If you listen to your customers, you can drive both top-line sales and bottom-line profits. […]
4 min read
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  1. CPG: Food & Bev

PepsiCo to invest $175 million in Instacart

PepsiCo, Inc. recently took another step toward advancing its digital future with the disclosure it has agreed to purchase $175 million of Instacart’s Series A preferred convertible stock. The potential investment was disclosed as part of Instacart’s Form S-1 filed Aug. 25 with the Securities and Exchange Commission for a proposed initial public offering.
3 min read
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  1. CPG: Food & Bev

Restaurants Wonder What to Do with the ‘Sober Curious Mindful-Drinking’ Customers

  Have you noticed that younger generations are practicing “mindful drinking,” a philosophy that promotes meditation and awareness of the impact that alcohol has on overall mental health. If not you’re, not the only one Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® had not either.  However, after reading new research; he suggested […]
5 min read
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  1. CPG: Food & Bev

Instacart, Klaviyo Move Closer to IPO Filings

Instacart has moved another step closer to an IPO, filing an S-1 form with the Securities and Exchange Commission (SEC) but not providing information on how many shares the company plans to sell or at what price. Instacart had confidentially filed for an IPO in May 2022 but had not pursued it further until now. […]
2 min read
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  1. CPG: Food & Bev

Worth Reading:  “Who I’m Hurting By Shopping At Walmart”

There is an essay in Time entitled “Who I’m Hurting By Shopping At Walmart” by Alana Semuels, the magazine’s economic correspondent, which focuses on the increasing and crushing power of Walmart, as well as the dollar store chains that are spreading around the country like wildfire. “Every week, I go onto Walmart’s website and order […]
2 min read
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  1. CPG: Food & Bev

Fun Works Put Barbie on Menu

  The trend is your friend and there seems to be not stopping the momentum of Barbie the movie and everything that comes with it including restaurant sales. According to Steven Johnson Grocerant Guru® soon there will be ‘streaming Barbie parties’ and front and cent will be grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared menu […]
6 min read
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  1. CPG: Food & Bev

Visualized: U.S. Corporate Bankruptcies On the Rise

Visualized: U.S. Corporate Bankruptcies on the Rise In March, Silicon Valley Bank collapsed, plunging its parent company SVB Financial Group into bankruptcy a week later. While many expected a wave of bank failures to follow, much of this has since been averted—but cracks have begun to emerge with Moody’s recent downgrading of 10 small and […]
3 min read
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  1. CPG: Food & Bev

No Money No Meals Can Your Customers Afford Dinner

  Consumer spend more money for dinner than any other meal. So, just what does that mean for your retail food outlet?  Restaurants, Grocery stores, Convenience stores all want to increase share of stomach during the PM Daypart specifically dinner.  With inflation disrupting family budgets for food Steven Johnson Grocerant Guru® at Tacoma, WA based […]
4 min read
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  1. CPG: Food & Bev

How Store Cleanliness Impact Foot Traffic And Sales

Consider stepping into a retail store: your senses are bombarded with a myriad of sights, sounds, and smells. Imagine an environment where the floors are immaculately swept, the shelves dust-free, and products thoughtfully organized. It’s appealing, isn’t it? That’s the charm of cleanliness in a retail store – an aspect that significantly affects foot traffic […]
3 min read
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  1. CPG: Food & Bev

NACDS Foundation Dinner raises nearly $1.3 million for patient care initiatives

SAN DIEGO – In its 25th anniversary year, the NACDS Foundation Dinner made a major move to the 2023 NACDS Total Store Expo, expanding its reach and ability to support public health initiatives. Supporters and attendees raised nearly $1.3 million, which will help support evidence-based research, pharmacy education and philanthropic initiatives to improve patient outcomes and […]
2 min read
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  1. CPG: Food & Bev

Online Grocery Shopping Becoming a Luxury for Most

  The cost of shopping for grocery items online is fast becoming a major obstacle for most consumers today.  Customer migration to online grocery shopping was all the rage during the pandemic the ability for consumers to see, feel, touch items in the store while picking up ‘something on sale’ are the key drivers to […]
4 min read
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  1. CPG: Food & Bev

Dollar General ‘Food First’ Strategy Threatens Legacy Food Retailers

  Inflation, inflation, inflation is top of mind with consumers and Dollar General is targeting all food retailers with legacy stuck in the middle pricing. That’s right according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® legacy grocery stores and C-stores that have not elevated their food retail positioning and are still […]
4 min read
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  1. CPG: Food & Bev

ALDI Fast Growing and A Fan Favorite

  With over 2213 Stores open in 38 stated, Aldi is fast becoming one of the United States favorite grocery stores according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.  It’s simple Aldi has brought food discovery and low prices to an industry that for years has been stuck in the middle […]
3 min read
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  1. CPG: Food & Bev

Lego Abandons One of Its Projects To Make Oil-Free Bricks -FT

Danish toymaker Lego has reportedly abandoned a prominent initiative to eliminate oil-based plastics from its bricks. This decision comes after the company discovered that the new material, recycled polyethylene terephthalate (RPET), would result in higher carbon emissions. Lego’s CEO, Niels Christiansen, mentioned that extensive testing revealed it was challenging to find a material that met…
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  1. CPG: Food & Bev

CVS Is Permanently Closing Hundreds of Stores for a Surprising Reason

As the pandemic’s impact on brick-and-mortar retail lingers, the U.S. drugstore landscape is undergoing significant changes. CVS, the largest drugstore chain in America, is implementing a policy change that will lead to the closure of hundreds of stores over the next three years, aiming to optimize store locations based on population shifts and consumer buying…
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  1. CPG: Food & Bev

Amazon Invests $4 Billion in AI Company Anthropic

Amazon will invest up to $4 billion in Anthropic and gain a minority ownership position in the company, part of a deal that will have Amazon Web Services (AWS) become Anthropic’s primary cloud provider. Anthropic will make its future AI foundation models accessible to million of developers, as well as provide AWS customers with early […]
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