Corporate Operations: Page 164
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Retrieved from Amazon on June 14, 2018
90% of food and beverage industry leaders expect sales growth, but will economic policy make a difference?
According to Mazars USA's annual survey, 84% of company execs plan to see higher profit and 69% predict an increase in employment.
By Jessi Devenyns • July 30, 2018 -
Deep Dive
David versus Amazon: Can independent grocers profit off e-commerce?
While large competitors often win on price and convenience, experts say small retailers can’t afford to shy away from online shopping.
By Jeff Wells • July 30, 2018 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Deep Dive
Peeking inside the pod: A deep look inside Peapod's grocery delivery business
As competition increases and more consumers purchase food online, the Chicago company increasingly depends on drivers like Ron Gordon to be the face of its business.
By Christopher Doering • July 30, 2018 -
How strong CPG brands sweeten restaurant dessert sales
More than half of Gen Zers and millennials said they would pay more for items made with products they trust — and would come back for more.
By Patti Zarling • July 30, 2018 -
Boston Beer earnings fall short of estimates
The brewer's stock price dropped 41% the morning after it reported losses due to marketing, packaging and shipping costs.
By Krishna Thakker • July 27, 2018 -
Deep Dive
With Supervalu acquisition, UNFI gets a company in transition
The combination will create a new wholesaling entity offering a wide variety of products, but both companies have significant challenges to overcome in order to make the deal work.
By Jeff Wells • July 27, 2018 -
Necco shuts down Massachusetts factory and is reportedly resold
Nothing is known about the entity that purchased the 171-year-old confection brand after a lawsuit accused Round Hill Investments of not paying for it.
By Megan Poinski • July 27, 2018 -
How can Walmart get more online shoppers?
According to a study from Packaged Facts, the mega-retailer has a 59% penetration rate in store, but only 5% digitally.
By Jessica Dumont • July 27, 2018 -
Nestlé's half-year sales rise, checking activist investor criticism
Daniel Loeb has been pressuring CEO Mark Schneider to make aggressive changes, but the company's moderate investments in coffee and frozen food seem to be paying off.
By Emma Liem Beckett • July 27, 2018 -
Retrieved from Walmart on July 26, 2018
Walmart tests driverless vehicles, bringing online shoppers to stores
Through a partnership with Waymo, the retailer is the latest to test out autonomous technology.
By Dan O'Shea • July 26, 2018 -
Hershey Q2 earnings sweetened by acquisitions and divestments
The Pennsylvania-based candy maker saw success with the Amplify acquisition, logistical improvements and the sale of an underperforming Chinese sector.
By Krishna Thakker • July 26, 2018 -
UNFI to acquire Supervalu for $2.9B
The move, which follows mounting pressure on the Minnesota-based company, expands UNFI's fresh business and gives it access to new markets.
By Jeff Wells • July 26, 2018 -
AB InBev's struggle to revive US sales continues
Growing consumer interest in small brewers and international imports, and a hefty marketing spend around the World Cup, weighed on its Q2.
By Emma Liem Beckett • July 26, 2018 -
Mondelez power brands push revenues up worldwide
The snacking giant posted solid growth, with e-commerce, biscuits and chocolate leading the way.
By Megan Poinski • July 26, 2018 -
Coca-Cola's diet drinks boost Q2 performance
The beverage giant exceeded Wall Street expectations, with a net income of $2.32 billion compared to $1.37 billion in the same quarter last year.
By Emma Liem Beckett • July 25, 2018 -
Rethink Water raises $6.7M for kid-sized boxes
As environmentally conscious millennials begin families of their own, they are looking for sustainable, healthy products for their children — a sweet spot the manufacturer is hoping to be first in.
By Patti Zarling • July 25, 2018 -
BJ's Wholesale Club finds success offering more fresh foods and smaller items
The East Coast bulk retailer says the refrigerated items represent 27% of sales, much higher than its competitor Costco.
By Patti Zarling • July 25, 2018 -
Tesco's new format raises questions about US grocers' discounter defense
The British retailer is reportedly preparing to open a chain of smaller low-price stores in response to Aldi and Lidl.
By Jeff Wells • July 24, 2018 -
Albertsons doubles down on experience at new Idaho store
The new flagship location in Boise offers culinary classes, events, a restaurant-style food court, a concierge, and will serve wine and 32 craft beers at its bar.
By Krishna Thakker • July 24, 2018 -
Chick-fil-A's meal kit test puts pressure on a crowded category
The quick-service restaurant plans to test five different varieties in Atlanta stores before deciding whether or not to roll the offerings out chainwide.
By Alicia Kelso • July 24, 2018 -
Deep Dive
Are grocers solving the e-commerce riddle? Depends on whom you ask
Most major supermarket chains have made investments or partnerships in the space, but some experts question whether they are doing enough to separate themselves from their competitors.
By Christopher Doering • July 23, 2018 -
PepsiCo CEO downplays threats to Gatorade's market dominance
While it's still the leading energy beverage in the country, the sports drink is facing headwinds as consumers sour on sugar and brands like BodyArmor grow in popularity.
By Cathy Siegner • July 23, 2018 -
Kroger shrugs off Amazon's Prime Day boast
The web giant's claim that it shipped more than 100 million products in the first 24 hours of Prime Day prompted a response from the grocer, which said it sells about 110 million items a day.
By Alicia Kelso • July 23, 2018 -
FMI: Grocers should take a more holistic approach to loyalty
A new report shows retailers can gain or lose loyal shoppers across all areas of their business, including merchandising, in-store experience and food departments.
By Alicia Kelso • July 20, 2018 -
New Jewel-Osco president faces an uphill battle in the Windy City
Paul Gossett, former head of Albertsons' Shaw's and Star Market divisions, steps into the role following the death of previous president Doug Cygan.
By Jeff Wells • July 20, 2018