Of all the ways Walmart Inc. will do battle with Amazon.com Inc., I suspect none will be more important than their face-off in the grocery business. Full
IRI’s 22nd annual New Product Pacesetters report provides an industry-recognized benchmark analysis of exceptional first-year CPG sales success for newly launched products, recognizing top performers in food and beverage, non-food and convenience store sectors. The latest report offers detailed insights into the top new product launches for 2017 and how they have been able to achieve success.
Sauces, dressings and marinades may be considered the tip of the flavor spear. They give product developers the capability to create new flavors that may be easily executed across a variety of applications.
The fresh food section of the store has been driving big sales growth in recent months. But while items like salad and vegetables are fostering a good portion of that growth, the fresh seafood section could use a pick-me-up. Full
Some 58% of US consumers name taste as the most important factor in their bread purchases, outranking price, flavor, shelf life and ingredients in a recent study by Comax Flavors. In the sliced bread category, however, price was the top driver of bread purchases, the study noted. Full
Albertsons Cos. has reported its strongest fiscal fourth quarter since its acquisition of Safeway more than three years ago, as well as a healthy 2017 that saw rises in overall and comparable-store sales. Full
The new "drive up" service allows customers to place orders through the Target app, and have it brought out to their cars by a store employee when they pick it up one to two hours later. The service is being offered in select locations in Alabama, Florida, Georgia, Mississippi, Oklahoma, South Carolina and Texas. Full
Grocers saw their produce, meat and prepared foods departments becoming clear difference-makers between them and their competition, according to survey results from Progressive Grocer. Produce was considered the top sales generator in the survey, followed by private label goods and meat departments. Full
Marketing firm Catalina found that CPG companies making less than $1 billion annually are top performers in the department. The study underscores how brands that introduce innovative, often-niche products that address evolving consumer motivations are keeping the Center Store relevant.
As independent retailers look for ways to outmaneuver national chains, high-quality meals have emerged as a major opportunity. Full