Department: Food

  1. Department: Food

Mondelēz International Reports Q4 and FY 2022 Results

Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […]
5 min read
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  1. Department: Food

C-Store Consumers want Fresh Food Fast Priced Right

  Convenience store operators want to garner a larger share of stomach and they continue to target fast food restaurant customers looing for something new, fresh, fast, that cost less.  Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® stated, the constant fluctuating price of gasoline is not attractive to consumers nor does it […]
4 min read
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  1. Department: Food

Finally, a Drive-Thru Only Grocery Store

  Gen Z and Millennials have an ongoing desire for fresh food discovery, seemingly not wanting to be ‘their parents’, so the question is will they opt for and migrate too a drive-thru grocery store?  According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®, “The jury is still out. It will depend […]
3 min read
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  1. Department: Food

Should Your Chatbot Talk Like a Human?

A recent consumer survey found that 76 percent of respondents would stop doing business with a company after just one bad experience. Reasons include high prices, rude agents, long hold times, and too many transfers. A bad bot experience can just as quickly upset a customer. Even when a chatbot clearly states it’s a chatbot, […]
5 min read
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  1. Department: Food

Vera Bradley Shakes Up Leadership, Fully Acquires Pura Vida for $10M

Vera Bradley last week announced a new streamlined corporate structure and full acquisition of bracelet brand Pura Vida. As a part of the reorganization, the company has eliminated the positions of Vera Bradley Brand President Daren Hull, Chief Creative Officer Beatrice Mac Cabe, and Chief Revenue Officer Mary Beth Trypus. Pura Vida Co-Presidents Griffin Thall and […]
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  1. Department: Food

Charted: U.S. Egg Prices More Than Double in 2022

Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […]
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  1. Department: Food

Whole Foods Pushes Suppliers To Lower Prices 

The Wall Street Journal is reporting this morning that Amazon-owned Whole Foods is pressing suppliers to lower prices as their own costs start to decline. According to the story, Whole Foods “told suppliers at a recent virtual summit that it wants to bring down retail prices in its store aisles as companies’ own costs start […]
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  1. Department: Food

Walmart Rolls Out Snazzier Look To Appeal To High Income Shoppers

From CNBC: “As Walmart’s low-priced groceries attract shoppers, the retailer is rolling out a fresh strategy aimed at wooing them into other aisles: stores with brighter lights, fashion-forward mannequins and colorful displays of makeup, pet supplies and more … Walmart’s snazzier look is part of a broader effort to sell more discretionary items – like […]
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  1. Department: Food

Food Lion Pilots New Food Pharmacy Program

Ahold Delhaize-owned Food Lion announced that it is collaborating with Novant Health “to launch a food pharmacy pilot program at Novant Health New Hanover Regional Medical Center in Wilmington, NC … The pilot program provides qualified participants access to nutritious food and encourages them to make healthy lifestyle choices to achieve sustained health. Throughout the […]
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  1. Department: Food

Whole Foods asks for lower prices, CEO apologies for layoff email and more

Plus: MrBeast’s blindness video raises ethics questions. Whole Foods has asked some food producers to lower prices as pressures from inflation begin to ease across the country, the Wall Street Journal reported. “We know our customers are weighing the impacts of inflationary pressure on their buying choices,” Alyssa Vescio, Whole Foods’ senior vice president of […]
4 min read
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  1. Department: Food

How the Values-Oriented Shopper Is Shaping Modern Commerce

Fragmented audiences create a unique challenge for brands and retailers Product innovation is one of the most exciting aspects of the health and wellness industry—and it can also be one of the most overwhelming. Within one year, SPINS channels tracked 71,000 new brands, with 65% of them specifically within the health and wellness space. This […]
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  1. Department: Food

H-E-B tops dunnhumby RPI for 2022

CHICAGO –– H-E-B has regained the leadership position in the sixth annual dunnhumby Retailer Preference Index (RPI), an examination of the U.S. grocery market released today by data science firm dunnhumby. Costco Wholesale holds the second position in this year’s index, followed by Amazon. Wegmans held the fourth position for the third consecutive year. Rounding […]
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  1. Department: Food

UNFI brings new produce varieties to Wild Harvest private brand

The grocery distributor and retailer has added more than 40 fruits and vegetables to the organic line, including apples, sweet potatoes, broccoli and tomatoes, as it looks to strengthen its own brands portfolio.         
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  1. Department: Food

Dunnhumby Survey: H-E-B Regains Title of America’s Top Grocer as Club Stores Move Up the Ranks

Three years after the pandemic upturned the grocery industry, omnichannel chain H-E-B has regained its leadership position as the top U.S. grocery retailer from Amazon, with Costco following closely behind in second place, according to the sixth annual Dunnhumby Retailer Preference Index (RPI). Amazon fell to third, while Wegmans took the fourth spot for the […]
3 min read
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  1. Department: Food

KFC Balances Employees and Customers for Sustainability

  Balancing a ‘dual mandate’, is the mantra most business leaders have been hearing a little too much of lately. So, just what is the most important dual mandate within the retail food sector today? That mandate according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® is branded messaging with equal relevance […]
4 min read
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  1. Department: Food

How Brands Can Compete On Trust

Trust matters. This one word – so loaded with meaning and impact – drives competitive market share and pricing in industry after industry where outputs are hard to assess or delivered as a service. Moreover, if a customer doesn’t trust a company, loyalty will be fickle. Trust should not be taken for granted. In a […]
4 min read
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  1. Department: Food

Bed Bath & Beyond Shutters Remaining Harmon Stores; Media Reports Say Search for a Buyer Stalled

Bed Bath & Beyond will reportedly shutter its 50 remaining Harmon stores in addition to 87 Bed Bath & Beyond locations and five buybuy BABY shops. Additionally, efforts to find a buyer ahead of its potential bankruptcy filing have reportedly stalled, people familiar with the matter told Bloomberg News. The store closures are in addition […]
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  1. Department: Food

A fresh new look for relaunched Ayrshire Spar store

Spar Hillfoot Road in Ayr celebrated its re-launch on 19 January following an extensive store refit. The Spar Scotland company-owned store has received major investment to bring it in line with CJ Lang’s latest modern Spar store models and their drive to be more energy efficient. The store’s exterior now has a new bright Spar […]
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  1. Department: Food

In focus Spring is sprung: Confectionery

With Christmas firmly behind us and New Year’s resolutions to eat more healthily already starting to crumble, consumer thoughts invariably begin to turn to spring occasions such as Valentine’s Day, Mother’s Day and Easter – all of which involve the purchase, gifting and consumption of confectionery. Easter-themed self-treat and mini eggs have already started to […]
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  1. Department: Food

Shipping’s 2023 Transformational Trends

The e-commerce industry is heading into a year of rapid change and potential uncertainty, as labor and capacity issues could intensify or ease, carrier and rail strike concerns could reemerge, and fuel prices and shipping surcharges might be a crapshoot. Plus, ever-evolving technologies, strategies and innovations make keeping up with customers’ expectations increasingly difficult. However, […]
3 min read
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  1. Department: Food

Your Views:  Crouch Cushions

We took note last week of a Boston Globe story about Addie’s, a new independent pickup-only grocery store that has opened in Norwood, Massachusetts, about 20 miles south of Boston.  Addie’s goal is to open 2,000 stores in 10 years, which led me toi comment: I would suggest that McQuade check out a company called […]
2 min read
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  1. Department: Food

Furner calls change the only constant in retailing

NEW YORK — A paradox at the heart of the retailing business was brought to light during the first keynote session at NRF 2023: Retail’s Big Show. John Furner, president and chief executive officer of Walmart U.S., addressed the constancy of change in the industry during his opening remarks at Javits Center and, in a […]
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  1. Department: Food

McMullen: Doing good plays big part in Kroger doing well

NEW YORK — Rodney McMullen, chairman and chief executive officer of Kroger Co., shared insights into the supermarket retailer’s purpose of “feeding the human spirit” in a marquee session at the NRF Big Show earlier this month. “At Kroger, we succeed by giving a great experience to the customer, investing in associates and making an […]
3 min read
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  1. Department: Food

At Burger Patch Success Equals Build, Measure, Learn, and Repeat

  Success does leave clues. One clue that you on the right path is ‘listening’ to your customers.  There are several ways that companies do that today but still one of the best ways is very simple.  Ask them how you are doing.  Then follow-up with how could we do better.  That according to Steven […]
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  1. Department: Food

Mondelēz International Reports Q4 and FY 2022 Results

Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […]
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  1. Department: Food

Aldi expands Too Good To Go partnership nationwide following successful trial

Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […]
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  1. Department: Food

dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. Grocery
THE GROCERS BEST ‘BUILT TO LAST’

H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […]
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