IRI and Boston Consulting Group, a global consulting firm, have released their 11th annual Growth Leaders report. The report analyzes the growth performance of hundreds of large, medium and small public and private CPG companies and highlights drivers of success in today’s market. “The leading CPGs in 2022 won by delivering pricing-led growth while maintaining or driving demand […]
Category: Grocery Industry
Posted inOnline Grocery Technology, National
UNFI Assists ECRS CATAPULT Users To Apply Services Suite
Rhode Island-based United Natural Foods Inc. and North Carolina-based ECRS have announced an agreement allowing ECRS to assist new and existing CATAPULT retail users in taking advantage of the UNFI Professional Services suite from digital coupons and third-party delivery services to more affordable electronic payments. The agreement provides a working relationship around Electronic Data Interchange […]
Posted inSupply Chain News, Southwest
SymphonyAI Expert Wins 2023 Food Logistics’ Rock Star Award
SymphonyAI Retail CPG, a Dallas-based SymphonyAI vertical, has announced that Product Management Director Florian Loinard has been recognized as a winner of a 2023 Rock Stars of the Supply Chain award from Food Logistics. The annual award highlights leaders across the food and beverage industry who are making an impact on improving the safety of cold […]
Posted inSupply Chain News, West
US Foods Adds Electric Delivery Trucks To California Facility
US Foods Holding Corp. has received the company’s first battery-electric powered Freightliner eCascadia trucks at its distribution center in La Mirada, California. The company previously announced plans to add 30 electric trucks to the facility’s fleet in 2023. The company has committed to reducing absolute scopes 1 and 2 greenhouse gas emissions 32.5 percent by […]
Posted inOnline Grocery Technology, Merchandising News, National
RangeMe Shares 2022 Global Buyer Search Trends
Coffee, candy and mushrooms were top-of-mind among retail buyers last year, as they were the most-used keyword searches on RangeMe, according to the latest Retail Recap 2022 report. The report highlights trends among the activity of U.S. and international buyers on the product discovery platform, including keyword and certification searches, most visited collections and engagement […]
Posted inOnline Grocery Technology, Southeast
The Fresh Market Uses Firework For SVLC Retail Media Network
Greensboro, North Carolina-based The Fresh Market is using Firework’s video commerce platform to launch the first shoppable video-live commerce retail media network. The announcement comes during a period of growth for retail media networks. Due to the various features they confer on advertisers — such as ad targeting, increased brand safety and heightened visibility where […]
Posted inExecutive News, Grocery Store Layout, West
Heritage Grocers Group Appoints New SVP, Store Development
Ontario, California-based Heritage Grocers Group, the parent company of Cardenas Markets and Tony’s Fresh Market, has appointed Ted Frumkin as SVP of store development. In this position, Frumkin will report to Prabash Coswatte, chief administrative officer for Heritage Grocers Group, and will oversee the company’s strategic real estate development and growth initiatives. “Ted is an exceptional real estate […]
Posted inMarketing News, National
Americans Believe Grocery Profits Are Higher Than Reality
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 […]