Shopper & Customer Consumers want more food, national brands from dollar stores Fifty-one percent of dollar store shoppers want more fresh and frozen food, and 47% want more national brands. Food Business News June 10, 2023June 10, 2023 < 1 min read ConsumersDept. GroceryBrick and MortarShoppersDept. FrozenDept. Fresh 0 Saving Bookmark this article Bookmarked
Department & Category Building Healthy Food Brands with Simple Food Ventures’ Greer Tessler & Luke Goldstein The CPG Guys are joined in this episode by Greer Tessler & Luke Goldstein, co-founders of Simple Food Ventures, an early-stage venture capital firm that invests in the future of healthy foods and products. SFV’s partnership with the Albertsons Companies helps their protfolio brands with omnichannel distribution. Follow Greer Tessler on LinkedIn at: https://www.linkedin.com/in/greer-tessler-50256640/Follow Luke […] The CPG Guys June 10, 2023June 10, 2023 2 min read Dept. GroceryMarketing: SocialResults & InvestmentPodcastsOmnichannelTechnology & InnovationPredictions and ForecastsPartnershipsOperations & Supply ChainAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department & Category IFF transitioning to new operating model Former Kellogg exec to lead food and beverage categories. Food Business News June 10, 2023June 10, 2023 < 1 min read Kellogg'sDept. BeverageExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Acquisitions, Divestitures & Mergers MidOcean Partners acquires QualiTech Company manufactures food ingredients, animal nutrition and plant nutrition solutions. Food Business News June 9, 2023June 9, 2023 < 1 min read PartnershipsAcquisitionDept. Grocery 0 Saving Bookmark this article Bookmarked
Department & Category Mediterranean food company secures Series A funding Afia Foods raised $3 million to expand Mediterranean food category. Food Business News June 9, 2023June 9, 2023 < 1 min read Dept. GroceryStart Ups 0 Saving Bookmark this article Bookmarked
Technology & Innovation Innovation is next frontier for private brands: FMI While 82% of surveyed food retail executives said they are planning more store brand investments, only 10% said their organizations are “very far along” with innovation, per the trade group. Grocery Dive June 9, 2023June 9, 2023 < 1 min read Technology & InnovationOwned Brands (Private Label)StrategyExecutivesDept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Mass Tesco Irish Price Cuts Instigate Price War “Supermarket price war: retailers to ‘come out fighting’ after Tesco’s pledge to cut more than 700 grocery items. “Move is likely to put pressure on other supermarket chains to follow suit, leading to significant savings for Irish consumers. “Ireland’s leading supermarkets are likely to follow Tesco’s lead in reducing the price of hundreds of products […] MorningNewsBeat June 9, 2023June 9, 2023 < 1 min read TescoLidlOwned Brands (Private Label)Dept. HBCAldiDept. NonfoodConsumersDept. GroceryEconomyBrick and MortarHealth & WellnessUnited Natural Foods 0 Saving Bookmark this article Bookmarked
International Papa John’s acquires UK-based foodservice restaurants Drake Food Service International will provide Papa John’s 91 locations across London and UK. Food Business News June 8, 2023June 8, 2023 < 1 min read International - UKDept. GroceryRestaurantsAcquisitionInternational 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hy-Vee opening new store in Gretna, Neb. WEST DES MOINES, Iowa – Hy-Vee this month will celebrate the grand opening of the newest store featuring the regional supermarket chain’s entirely reimagined grocery store format. After more than a year of construction, the store, in Gretna, Neb., is set to greet its first customers June 13. The 135,000-square-foot store will feature many of […] MMR June 8, 2023June 8, 2023 2 min read Hy-VeeDept. FreshVendorsDept. PerimeterStore FormatDeliveryDept. GroceryDept. Natural / OrganicHealth & WellnessPartnershipsPredictions and ForecastsStore LocationBrick and MortarBOPIS 0 Saving Bookmark this article Bookmarked
Department: Food Tops invests over $6M to renovate five Pennsylvania stores The renovations total over 225,000 square feet of store space and will expand the locations’ fresh food, bakery, deli and carry-out cafe options as well as add new technology. Grocery Dive June 8, 2023June 8, 2023 < 1 min read Brick and MortarDept. PerimeterTechnology & InnovationDept. GroceryDept. Fresh PreparedDept. FreshDept. DeliDept. Bakery 0 Saving Bookmark this article Bookmarked
Shopper & Customer How Big Retail and CPG Brands Are Rethinking Omnichannel Promotional Campaigns to Battle Inflation U.S. food prices surged by 11 percent last year, marking the largest increase since the 1980s. While the rate of inflation has gradually calmed down since its June 2022 peak, rising prices remain a significant concern for retailers and consumer packaged goods (CPG) brands. Given the possibility of a recession, it may be tempting to […] Matt Antal June 8, 2023June 8, 2023 3 min read ShoppersOmnichannelData & InsightsEconomyConsumersAgenciesMarketing: Retail MediaMarketing: Loyalty & SubscriptionCustomer ExperienceTargetDept. GroceryMarketing: TradeDept. NonfoodStore LocationStore FormatMarketing: Direct & PersonalizationMarketing: SocialESG and CSRMarketing: In Store 0 Saving Bookmark this article Bookmarked
Department: Food Food Retailers with YoY Customer Counts Down, Sales Slipping, and Rent Sky Rocketing Need to Evolve Here is some of what the team at Tacoma, WA based Foodservice Solutions® has heard from clients, at the National Restaurant Show, or read printed in other recent articles. The simple fact is that rent for food retailers including restaurants, C-Stores, Deli’s etc. are continuing to increase. In many spots around the country, they […] Grocerant Guru June 8, 2023June 8, 2023 5 min read Dept. GroceryData & InsightsShoppersDept. DeliDept. Fresh PreparedRestaurantsMarketing: SocialMerchandisingResults & InvestmentMarketing: In StoreBrick and MortarStrategyExecutivesPartnershipsEconomyTechnology & InnovationTwitterMeta (Facebook)Marketing: Loyalty & SubscriptionDeliveryConsultingDept. FreshDept. PerimeterConsumersCOVID19Data VisualizationDept. Adult BevDept. BeverageDept. FrozenESG and CSRInternational - North AmericaMarketing: TradeMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Channel: Mass Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] MorningNewsBeat June 8, 2023June 8, 2023 2 min read TargetWalmartWhole FoodsDept. GroceryTrader JoesBrick and MortarConsumersCompetitionExecutivesShoppersAmazonDept. PetDept. ApparelPackagingMarketing: Loyalty & SubscriptionStrategyDept. NonfoodPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Department: Beverage Circana reveals 2022 New Product Pacesetters CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […] MMR June 8, 2023June 8, 2023 4 min read Dept. BeverageConsumersDept. GrocerySustainabilityHealth & WellnessDept. NonfoodTechnology & InnovationProcter & GambleRestaurantsMarketing: SocialDept. HBCDept. Adult BevDept. OTCCOVID19Data & InsightsPackagingDept. FreshTrends: Food and BeverageEconomyCoca ColaGooglePricing & PromotionsPepsiCoInclusivityInsight ProvidersMarketing: BrandMarketing: Loyalty & SubscriptionMondelezOperations & Supply ChainStrategyResults & InvestmentShoppersTrends: ManufacturerESG and CSRUnileverDept. LaundryCPG: Adult BeverageDeliveryData VisualizationBig Data 0 Saving Bookmark this article Bookmarked
Trends & External Forces Your Views: Business. Not Personal. Yesterday we took note of a Boston Globe story about how youth organizers with the Hyde Square Task Force in Jamaica Plain, Massachusetts, did significant market research and figured out that a grocery cart of items at their local Stop & Shop cost $34 more than the same products at the chain’s store in suburban […] MorningNewsBeat June 7, 2023June 7, 2023 12 min read EconomyAhold DelhaizeDept. FuelBrick and MortarWegmansShoppersAmazonStore LocationThick DataDollar GeneralDept. GroceryLegal & CriminalDept. BeverageTechnology & InnovationConsumersSustainabilityCOVID19Customer ExperienceAssociatesCompetitionWalmartHoliday & EventsMarketing: UGCDept. FreshMarketing: VoiceOwned Brands (Private Label)Albertsons / SafewayPredictions and ForecastsRestaurantsStrategyCPG: Adult BeverageDept. Adult BevOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Trends & External Forces Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big […] Retail TouchPoints June 7, 2023June 8, 2023 4 min read ConsumersHealth & WellnessBrick and MortarEconomyCOVID19Marketing: SocialSustainabilityResults & InvestmentShoppersESG and CSRTechnology & InnovationThick DataData VisualizationBNPLTrends: FinanceInternationalReturnsDept. BeverageOmnichannelAssociatesDeliveryDept. ApparelDept. GroceryOperations & Supply ChainInclusivity 0 Saving Bookmark this article Bookmarked 5
Media & Marketing Flipping Over Veggie Burgers with Actual Veggies’ Hailey Swartz The CPG Guys are joined in this episode by Hailey Swartz, co-founder of Actual Veggies, a manufacturer of chef-crafted, fresh & refrigerated burgers that celebrate vegetables instead of trying to mask them. Follow Hailey Swartz on LinkedIn at: https://www.linkedin.com/in/haileyswartz/Follow Actual Veggies on LinkedIn at: https://www.linkedin.com/company/actual-veggies/Follow Actual veggies online at: https://actualveggies.com/ Hailey answers these questions:1) Hailey, your […] The CPG Guys June 7, 2023June 7, 2023 2 min read Marketing: SocialPodcastsDept. FreshExecutivesDept. GroceryConsumersDept. RefrigeratedTechnology & InnovationDept. Perimeter 0 Saving Bookmark this article Bookmarked
Department & Category Spring and Summer Snacks take Center Stage How do you keep the kids happy when school get out? Fill the house with more snacks. The average household with a teenager out of school will spend $ 300 more a month on food. According to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® a mix of full flavored hot and […] Grocerant Guru June 7, 2023June 7, 2023 3 min read Dept. GroceryConsumersData & InsightsGoogleMarketing: BroadcastDept. FreshMarketing: Retail Media84.51Insight ProvidersShoppersDept. NonfoodDept. OTCThick DataPepsiCoBig DataAgenciesPartnershipsMarketing: SocialMarketing: Direct & PersonalizationDept. DairyDept. Perimeter 0 Saving Bookmark this article Bookmarked
International 4CAST Investment Group including Ben Stokes, Stuart Broad and Jofra Archer backs Sixes Social Cricket Ahead of its US expansion, immersive cricket experience Sixes Social Cricket has secured an undisclosed investment from 4CAST Investment Group, which includes the likes of Ben Stokes, Stuart Broad, Jofra Archer, KL Rahul and Jason Roy. Created by the founders of Scottish restaurant and butcher Mac & Wild, Calum Mackinnon and Andy Waugh, Sixes opened […] Retail Technology Innovation Hub June 7, 2023June 7, 2023 2 min read Results & InvestmentInternationalESG and CSRTechnology & InnovationPartnershipsInternational - UKRestaurantsFlagship StoresDept. GroceryDept. Beverage 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Five finalists selected for A Fancy New York Pitch Slam Event to be held at Summer Fancy Food Show on June 26. Food Business News June 6, 2023June 6, 2023 < 1 min read Industry Conferences and EventsDept. Grocery 0 Saving Bookmark this article Bookmarked
Department & Category Special report: Snack flavor trends Global tastes taking off in bite-size applications. Food Business News June 6, 2023June 6, 2023 < 1 min read Dept. Grocery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Stop & Shop Accused Of “Ripping Off” Low Income Neighborhoods The Boston Globe this morning reports that “the teenage sleuths of Hyde Square are at it again. “Six years after prompting TD Garden to donate $1.65 million for a skating rink after discovering the complex failed to hold fund-raisers for local recreation programs as required by state law, they have another behemoth in their sights: […] MorningNewsBeat June 6, 2023June 6, 2023 3 min read Ahold DelhaizeDept. GroceryBrick and MortarDept. FrozenStrategyShoppersPredictions and ForecastsPhilanthropyOperations & Supply ChainEconomyDept. NonfoodDept. Fresh 0 Saving Bookmark this article Bookmarked
Department: Food Inflation, Recession, & The Bifurcated Consumer The Los Angeles Times has an excellent story about how Southern Californians are strategizing to save money at the grocery store. First, some context for their decision-making: “The U.S. is not in a recession, but the psychological weight of that possibility — combined with the effects of still-high inflation — have consumers bracing for the […] MorningNewsBeat June 6, 2023June 6, 2023 2 min read ConsumersEconomyRestaurantsData & InsightsThick DataShoppersCOVID19Owned Brands (Private Label)Dept. Toys & GamesDept. GroceryTrends: RetailPredictions and ForecastsDept. FreshDept. PetDept. NonfoodDept. RefrigeratedDept. DairyUnilever 0 Saving Bookmark this article Bookmarked
Trends & External Forces How two regional grocers are positioning themselves as community health resources FMI – The Food Industry Association has released a new video highlighting efforts by Northgate Gonzalez Markets and Food City to harness the food-as-medicine trend to promote shopper well-being. Grocery Dive June 6, 2023June 6, 2023 < 1 min read Health & WellnessDept. GroceryShoppers 0 Saving Bookmark this article Bookmarked
Department & Category Batory Foods acquires food ingredients broker Deal for Tri-State Companies expands service offerings. Food Business News June 6, 2023June 6, 2023 < 1 min read Dept. GroceryAcquisition 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hy-Vee awards $50,000 in grants to minority businesses MADISON, Wis. — Hy-Vee Inc. on Thursday awarded $50,000 to local minority- and women-owned businesses during the Hy-Vee OpportUNITY Inclusive Business Summit at Monona Terrace Convention Center in Madison. The event was the fourth summit Hy-Vee has hosted in support of these business owners with access to funding and valuable business development resources. These summits […] MMR June 5, 2023June 5, 2023 2 min read Hy-VeeCompetitionDept. BeverageHealth & WellnessData & InsightsDept. DairyDept. HBCInclusivityTechnology & InnovationDept. Natural / OrganicDept. GroceryDept. Adult BevDelivery 0 Saving Bookmark this article Bookmarked
Channel: Delivery Foxtrot opens its biggest store to date on Monday The new site features an indoor-outdoor covered patio in addition to the chain’s signature locally sourced food and beverage options. Grocery Dive June 5, 2023June 5, 2023 < 1 min read Q CommerceDept. BeverageDept. Grocery 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) How 9 food retailers are jazzing up their private brands From expanding their store brand portfolios to creating new supplier partnerships, grocers and discounters are ramping up efforts to make their own products shine. Grocery Dive June 5, 2023June 5, 2023 < 1 min read Owned Brands (Private Label)Dept. GroceryPartnerships 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General, At A Rural Crossroads Fascinating piece in the New York Times about some resistance Dollar General is facing in one rural community to its plans to build a new store there. An excerpt: “Anne Hartley’s brick house in Ebony, Va., overlooks windswept fields, a Methodist church, a general store and the intersection of two country roads, a pastoral setting […] MorningNewsBeat June 5, 2023June 5, 2023 3 min read Dollar GeneralBrick and MortarAssociatesHealth & WellnessDept. GroceryStrategyStore LocationDept. NonfoodDept. FuelData & Insights 0 Saving Bookmark this article Bookmarked
Associates & Employees CEO Doug McMillon details Walmart’s evolution BENTONVILLE, Ark. — The Walmart that Doug McMillon presides over is a different place than it was when he became CEO nine years ago. At the time, some industry observers viewed the company as too vast and deeply rooted in brick-and-mortar retailing to compete effectively in the age of e-commerce. With McMillon’s prodding, Walmart proved […] MMR June 5, 2023June 5, 2023 4 min read AssociatesWalmartExecutivesEconomyResults & InvestmentSustainabilityTechnology & InnovationBrick and MortarDeliveryAcquisitionMarketing: Retail MediaCompetitionOmnichannelReturnsPredictions and ForecastsStrategyUnileverDept. BeverageESG and CSRDept. NonfoodDept. HBCDept. GroceryConsumersBOPISHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Grocery - Natural Channel: Mass Channel: Specialty & Other Department & Category Department: Consumer Durables Department: Nonfood Corporate Strategy Media & Marketing Shopper & Customer Trends & External Forces Merchandising Stores & Formats Target Leapfrogs Walmart For Upscale Grocery Approach Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […] Written by MorningNewsBeat June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Department: Beverage CPG: Adult Beverage CPG: Beverage CPG: Food CPG: Food & Bev CPG: HBC Channel: Ecommerce & Digital Channel: Restaurants Department & Category Department: Adult Beverage Department: Beverage Department: Food Department: HBC Department: Nonfood Corporate Strategy Corporate Finance Corporate Purpose ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Operations & Supply Chain Circana reveals 2022 New Product Pacesetters CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […] Written by MMR June 8, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Mass Channel: Mass Acquisitions, Divestitures & Mergers Media & Marketing Retailer Media Shopper & Customer Trends & External Forces Owned Brands (Private Label) Walmart Upgrades Its Digital Ad Network From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […] Written by MorningNewsBeat June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery Trends & External Forces Stores & Formats H-E-B expands its discount format Several years after opening its last Joe V’s location, H-E-B is reigniting the banner with two locations set to open in Dallas by 2025. Dive Brief: H-E-B announced Tuesday it is opening two Joe V’s Smart Shop by H-E-B stores in Dallas, marking the first time the grocer’s discount format will appear outside of the Houston area. […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked
Retailer Media ESG Media & Marketing Retailer Media Shopper & Customer Operations & Supply Chain Giant Eagle launches in-house retail media network Leap The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […] Written by Grocery Dive June 7, 2023June 8, 2023 Saving Bookmark this article Bookmarked