Americans believe that grocery retailers are earning a 35.2 percent net profit margin, 14 times higher than their actual net profit margin average of 2.5 percent. They also think that food-at-home inflation is 24.3 percent, double the annual rate reported by the U.S. Bureau of Labor Statistics, according to the latest dunnhumby Consumer Trends Tracker. In the third […]
Category: Grocery Industry
Posted inOnline Grocery Technology, Amazon Fresh, National, Whole Foods
January eGrocery Sales Dip From Year Ago To $8.4 Billion
The U.S. online grocery market finished January with $8.4 billion in total sales, down 1.2 percent compared to last year, according to the monthly Brick Meets Click/Mercatus grocery shopping survey fielded Jan. 30-31. The drop in total online grocery sales was driven by ship-to-home sales, which declined 15 percent to $1.3 billion. Pickup posted the strongest gains, […]
Posted inPackaging News, Southeast
Beaver Street Shares New Packaging Design At Seafood Expo
Jacksonville, Florida-based Beaver Street Fisheries will return to the Seafood Expo North America Show March 12-14 in Boston with new product innovations and package designs. In addition to its recently launched Seafood Festival Steamer Pot all-in-one bag seafood boil, it will be unveiling new packaging for its shrimp, scallops and shellfish lines, as well as recent skin pack […]
Posted inMarketing News, National
Survey Shows Grocery Prices Straining Household Budgets
More than half of American households say grocery prices are straining their budgets, according to a nationwide survey by marketing research company Decision Analyst Inc. The firm, based in Dallas/Fort Worth, Texas, recently conducted a study titled “Consumer Foresight: Beyond The Pandemic, Into Economic Uncertainty.” Among the study’s areas of focus was the effect of […]
Posted inPackaging News, West
PAC Machinery Showcases Sustainable Packaging At ProMat Expo
PAC Machinery will showcase its automatic bagging machines, including new options in sustainable packaging, at the 2023 ProMat Expo, to be held March 20-23 at McCormick Place in Chicago. PAC will be at exhibit N8321, showcasing the Rollbag R785, R1285, R3200 Fulfillment Automatic Bagger and the Rollbag R3200XL, along with sustainable bag options including a curbside recyclable paper mailer, options from the Recylene line of […]
Posted inPackaging News, Plant-Based News, West
Good Natured Introduces Plant-Based Packaging In Hawaii
Good Natured Products Inc., “d.b.a good natured,” has announced its distribution through Sustainable Island Products, a distributor of compostable packaging products in Hawaii. According to the company, plant-based, BPI-certified compostable products from good natured are up to 99 percent plant-based and comply with single use packaging regulations that started going into effect across many counties in Hawaii […]
Posted inOnline Grocery Technology, Northeast
Survey Indicates Greater Reliance On Online Grocery Shopping
New York-based Chicory has released findings from its 2023 Online Grocery Shopping Report. The annual report, which features results from a survey of more than 1,000 U.S. consumers, analyzes the key characteristics and behaviors of grocery shoppers. Insights include online order frequency, average basket value, retailer preferences, cart composition and shopping challenges. “While online grocery adoption has […]
Posted inOnline Grocery Technology, Amazon Fresh, National, Whole Foods
NielsenIQ Partner Network Expands With Pacvue
Chicago-based NielsenIQ announced the addition of Bellevue, Washington-based Pacvue to the NielsenIQ Partner Network, an open ecosystem of tech-driven solution providers. According to eMarketer, retail media investment will reach $55 billion by 2024. This shift requires proper omnichannel sales measurement, granular and accurate online product availability, and quality data to drive media performance, profitability and […]