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Grocery stocks outperformed market in 2022
The stock prices of publicly traded food retailers had mixed performances in 2022, but most fared better than the market overall. Many grocery stocks started the year strong, but as inflation ramped up quickly in the first half of the year — and the economic outlook became gloomier amid rising interest rates and the fear of a possible recession — several companies’ stock prices faltered.......Read More |
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Publix unveils winners of top employee awards
Publix Super Markets has announced the winners of this year’s George W. Jenkins Award and President’s Award, which were presented at the company’s retail operations conference earlier this month in Orlando, Fla. Each of the 12 employee awards was presented to one retail leader from each of the company’s five divisions and one support leader, the Lakeland, Fla.-based company said...........Read More |
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Grocery stores help lift U.S. retail sales in October
U.S. retail sales picked up slightly for October, with grocery stores among the leading drivers. October retail and foodservice sales totaled $694.52 billion (seasonally adjusted), up 1.3% from September but up 8.3% from October 2021, the U.S. Census Bureau reported in advance estimates on Wednesday........Read More |
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CPG manufacturers, retailers adjust pricing game plans
Shopper cost sensitivity amid elevated inflation is leading consumer packaged goods (CPG) manufacturers and retailers to keep a tighter rein on pricing, new research from Advantage Sales shows. Just 38% of manufacturers polled plan to enact price hikes in response to increased costs, according to the October 2022 Advantage Sales Outlook. Of those companies, 13% aim to implement a first or second price increase, 18% a third increase, 6% a fourth increase and 1% a....Read More |
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Bold Commerce brings checkout lane impulse buys to online grocery
Bold Commerce, the ecommerce technology company that powers checkout and subscription experiences for leading retailers and DTC brands, today announces its newest curbside checkout feature for brick-and-mortar and omnichannel retailers. Curb Up enables retailers to recapture the high-margin impulse purchases lost with the growth of curbside checkout by introducing upsell and cross-sell opportunities after an order has been placed and during pick-up......Read More |
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Fresh food sales on the rise, especially online
Some 40% of online sales are being generated by fresh foods departments, suggesting a major change from previous trends. Food retail sales for many fresh departments were up significantly from 2019 to 2021, based on IRI data. Seafood experienced particularly strong growth over those two years, at 31%. Fresh foods (perishables) outperformed non-perishables in the past year.....Read More |
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Retailers can tame inflation with intelligent pricing
Matthew Pavich is a contributor to Supermarket News and senior director of retail innovation at Revionics, an Aptos Company, an Austin, Texas-based provider of science-based solutions for pricing, promotions, markdowns and competitive insights to help enterprise retailers with price optimization.......Read More |
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Online grocery shoppers spend more but less loyal
U.S. online grocery consumers spend more than in-store customers but shop at more retailers, according to the latest dunnhumby Consumer Trends Tracker. Omnichannel shoppers spend one-and-a-half times more on groceries than their in-store-only counterparts but spread their dollars at up to twice as many retailers, dunnhumby said in the .....Read More
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Albertsons' retail media arm aims to ‘close loop’ between ad spend, sales
Albertsons Media Collective, the retail media arm of Albertsons Cos., has adopted audience and measurement solutions from The Trade Desk to help give CPG advertisers a sharper picture of connection between ad campaigns and customer..... Read More
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Walmart to step up drone delivery service
Walmart this year plans to roll out DroneUp drone delivery for online orders to six states, enabling the retailer to serve 4 million households via the service. In a blog post on Tuesday, David Guggina, senior vice president of innovation and automation for Walmart U.S.said Walmart aims to expand DroneUp delivery to 34 sites in Arizona, Arkansas, Florida, Texas, Utah and Virginia by the end of 2022......Read More
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Meijer to bring Midwestern suppliers back into the spotlight
This summer, Meijer plans to hold its second virtual localization summit, in which grocery and other vendors from across the supercenter retailer’s Midwestern market will showcase their wares to its buyers and procurement teams. The Lift Local Supplier Event, scheduled for July 19 to 21, will focus on categories such as grocery (including fresh, deli and bakery),.....Read More
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The Fresh Market launches its first shopper rewards program
The Fresh Market has jumped into the rewards arena with the Ultimate Loyalty Experience, the specialty grocer’s first customer loyalty program in its 40-year history. Now available at all 159 stores in 22 states, as well as via The Fresh Market website, the Ultimate Loyalty Experience offers members exclusive savings on products.....Read More
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Grocery retailers celebrate workers on Supermarket Employee Day
FMI noted that the Supermarket Employee Day’s return reflects the enthusiastic response to its launch last year, including participation from nearly every level of FMI membership, from retailers and wholesalers to suppliers and state association partners. With more than 40,000 stores that sell food and grocery items in the U.S. alone, there are millions of hardworking frontline heroes to celebrate..........Read More
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DoorDash extends grocery delivery reach with Southeastern Grocers partnership
Online food delivery provider DoorDash on Tuesday launched on-demand grocery delivery from more than 400 Southeastern Grocers stores, including the retailer’s Fresco y Más, Harveys and Winn-Dixie banners. Online shoppers at SEG stores throughout Florida, Georgia, Alabama, Mississippi and Louisiana can now have groceries delivered from their local store in as little as 45 minutes.
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7-Eleven to pilot delivery via robotics-powered vehicles
Irving, Texas-based 7-Eleven said Wednesday said the pilot in Mountain View, Calif., will mark the first autonomous commercial delivery in the state. Customers in the service area will be able to place orders through the 7NOW delivery app and have their products delivered by bot-powered vehicles.....Read More
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BJ’s taps H-E-B exec Rachael Vegas as chief merchant
BJ’s said that Vegas starts as chief merchant effective immediately. The Westborough, Mass.-based warehouse club chain also announced the promotions of Tim Morningstar to executive VP and chief membership officer and Monica Schwartz to executive VP and chief digital officer......Read More
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Cub Foods eyes crisper produce operations
Midwestern grocer Cub Foods plans to deploy the Afresh fresh-food optimization platform in selected stores across the greater Minneapolis-Saint Paul area. The artificial intelligence-powered Afresh Fresh Operating System will be used to sharpen fresh produce operations at the Cub supermarkets, helping them reduce shrink, accelerate stock turns to provide shoppers with fresher produce......Read More
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Grocers tap cash-back platform to spur shopper return visits
Cardenas Markets, Woodman’s Market, Vicente Foods and Lunds & Byerlys — have enlisted the GetUpside cash-back promotional platform to boost shopper engagement. Washington-based retail technology provider GetUpside said this week that the additions expand its total grocery store locations to more than 175, as well as its geographic footprint in the supermarket channel. ........ReadMore
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FreshDirect co-founder David McInerney steps down as CEO
FreshDirect co-founder and CEO David McInerney is leaving the pure-play online grocer, four months after the company’s acquisition by global food retailer Ahold Delhaize. McInerney is stepping down from FreshDirect effective today and will be succeeded on an interim basis by Farhan Siddiqi, chief digital officer of Ahold Delhaize, the Zaandam, Netherlands-based company said.......Read More
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Amazon expands own-brand grocery lineup with Aplenty
Amazon has added a new food line called Aplenty to its private-brand grocery roster.Sold online and in-store via Amazon Fresh supermarkets, Aplenty at launch includes such items as pita chips, potato chips, crackers, cookies and mustard, Seattle-based Amazon said Monday. Plans call for hundreds more Aplenty products to roll out over the next year, covering such categories as.....Read More
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Costco posts 13% comp-sales gain in second quarter
Food and e-commerce were among the bright spots as Costco Wholesale Corp. posted double-digit sales gains for February and its fiscal 2021 second quarter. Quarterly earnings missed Wall Street’s projections, however, as Costco recorded significant COVID-19 costs, mainly from pandemic-related pay hikes........Read More |
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Walmart’s omnichannel game plan yields fiscal 2021 sales boost
CEO Doug McMillon says retail giant will ‘stay ahead’ with investments in e-commerce, supply chain, wages Walmart tallied robust sales gains, including strong U.S. comparable-sales growth, for its fiscal 2021 fourth quarter and year, despite missing Wall Street’s adjusted earnings forecast and posting a quarterly GAAP net loss.......Read More |
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Lidl offers extra pay to U.S. workers receiving COVID-19 vaccine
Arlington, Va.-based Lidl US said Wednesday that the additional payment will help offset employee costs related to receiving a coronavirus vaccine, including travel expenses and child care. Workers’ schedules also will have flexibility to accommodate appointments for the vaccine, the company added......Read More |
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Stater Bros. extends $2 hourly wage bonus into January
San Bernardino, Calif.-based Stater Bros. said Tuesday that all hourly employees in its store, distribution, transportation and construction operations and corporate offices will receive an extra $2 per hour worked for another two weeks, effective as of the work period starting Dec. 27..........Read More |
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Walmart sells off its Argentina business to Grupo de Narváez
As it continues to restructure its international presence, Walmart Inc. has agreed to sell its business in Argentina to Grupo de Narváez, a South American retail group. No financial terms were released. Bentonville, Ark.-based Walmart said it will continue to support the business through transition services and sourcing agreements under the new ownership, but will not retain an equity stake.........Read More |
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Southeastern Grocers eyes more effective promotions
Southeastern Grocers is building on efforts to personalize customer engagement by making its promotions more effective.The parent of Winn-Dixie, Bi-Lo, Harveys and Fresco y Más supermarkets, Southeastern Grocers in June implemented the Eagle Eye Solutions AIR Platform to create a central hub for continuously capturing customer data and interactions across retail channels,....Read More |
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Grocery retailers feel impact as nationwide protests escalate
Just like the rest of the nation, grocery retailers are watching and waiting as the strife from protests over the death of George Floyd is exploding in cities coast to coast. Through the weekend, protests were ongoing in more than 30 cities, ....Read More
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Pandemic pushes shoppers to expand ‘retailer repertoire’
Encountering empty shelves and disarray at their regular stores, many U.S. consumers turned to other retailers or went online to buy groceries and daily essentials as the coronavirus outbreak started and then escalated, a study by market research firm Kantar revealed....Read More
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OCEAN HEALTH INFLUENCES CONSUMERS’ SEAFOOD CHOICES
According to recent research by consultancy firm Changing Tastes, most American consumers are worried about the effect of ocean health on fish and seafood, with a majority now concerned about heavy metals, plastic contamination and radiation in their fish and seafood, as well as the use of forced labor and antibiotics.....Read More
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FMI CHANGES NAME, BECOMES THE FOOD INDUSTRY ASSOCIATION
FMI said the new identity, launched Tuesday, reflects its strategy to expand its representation of the food marketplace from its traditional membership of grocery and other food retailers include their suppliers and other business partners......Read More
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WEIS, BROOKSHIRE’S GET MORE PERSONAL WITH ONLINE GROCERY
Weis Markets and Brookshire Grocery Co. have enlisted e-commerce specialist Mercatus to make online grocery shopping more relevant for their customers......Read More
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THE BIGGEST TRENDS IN CENTER STORE IN 2019
Health & wellness, “clean” products and authentic flavors were the drivers behind sales growth in center store in 2019......Read More
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LIDL TO OPEN FIRST LONG ISLAND STORES NEXT WEEK
Lidl US has moved up the timetable for the opening of its first Long Island, N.Y., stores from its acquisition of metropolitan New York grocer Best Market. Lidl said Monday that it plans to open stores in Center Moriches and West Babylon on Dec. 11. A brand-new store,.....Read More
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SHOPPERS WOULD GO LOCAL FOR SAME-DAY DELIVERY
Though Amazon has raised customer service expectations in online retail, shoppers would order from local stores if they could provide same-day delivery, a survey from last-mile delivery.....Read More
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SUPERMARKET CAFÉS ACCUSED OF HAVING ‘IRRESPONSIBLE’ CHILDREN’S MENUS
A number of supermarket cafe chains including Marks & Spencer and Tesco are serving children unhealthy and unsustainable meals, according to a nationwide analysis......Read More
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HOW BRANDS CAN MAKE THEIR WAY INTO SHOPPERS’ CHRISTMAS DINNER PLANS
Christmas. A time of year when shopper demand is at its highest. Prices hit rock-bottom and the nation’s heartstrings are pulled by the much-anticipated Christmas adverts (and we enjoy debating which retailers got it right and which got it horribly wrong)......Read More
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