Farmstead, the first online grocer to deliver fresh groceries for free, announced that it is now contribution-margin positive in its San Francisco hub, meaning the service is profitable on a per-order basis. The company says it achieved this milestone without markups, service fees or delivery fees – in the most competitive and highest-cost market in […]
Category: Grocery Industry
Posted inSustainability News, Home Page Slider, West
Dominion Energy, Smithfield Foods Finish Sustainability Project In Utah
Dominion Energy and Smithfield Foods have completed the first renewable natural gas (RNG) project through their joint venture, Align Renewable Natural Gas. Located in Milford, Utah, the project is producing RNG from a network of 26 family farms that raise hogs under contract with Smithfield. The project is the first large-scale effort in the state to […]
Posted inSustainability News, Home Page Slider, Northeast
TerraCycle Completes $25 Million Founding Investor Raise For Loop
Trenton, New Jersey-based TerraCycle has completed a Series A “Founding Investors” capital raise of $25 million for its global reuse platform Loop. Investors include P&G, Nestlé, SUEZ, Aptar, Sky Ocean Ventures, ImpactAssets and Quadia. “Given Loop’s global momentum and the limited amount of capital being raised, it was important for us to pick partners who firmly believe […]
Posted inOnline Grocery Technology, Home Page Slider, West
Mercato Hires Emily Keeton As Chief Financial Officer
Mercato, the San Diego, California-based e-commerce platform for independently-owned grocery and specialty food stores, has hired Emily Keeton to be its chief financial officer. In this role, Keeton will oversee all financial and administrative functions at Mercato. “Emily is a terrific addition to our leadership team and we are excited to leverage her expertise and deep skillset […]
Posted inOnline Grocery Technology, Home Page Slider, National
IRI And 1010data Partner To Develop New Data Democratizing Solutions
IRI and 1010data, a provider of analytical intelligence to the financial, retail and consumer goods markets, will partner to focus on democratizing data-driven analytics across organizations in the CPG ecosystem. As part of the partnership, IRI and 1010data will be investing in a joint program office that will develop innovative new products and solutions that […]
Posted inOnline Grocery Technology, Home Page Slider, Midwest
Hy-Vee Launches New Plus Premium Membership, Perks In-Store And Online
Hy-Vee Inc. is launching its new Hy-Vee Plus premium membership, which offers customers added savings and exclusive benefits and services across all areas of the store, both in-person and online. The cost of the program is $99 per year. This premium membership will offer exclusive benefits such as select monthly offers and coupons; free Hy-Vee […]
Posted inSustainability News, Home Page Slider, Southeast
Nestlé U.S. Plans For Sustainable Future With Goal Of Zero Emissions
Nestlé released a phased plan to achieve net zero greenhouse gas (GHG) emissions, an approach that aims to halve the company’s emissions by 2030 and realize net zero by 2050. To accomplish this, the Arlington, Virginia-based company will accelerate current initiatives, evolve its operations and balance remaining emissions through carbon removal projects or innovation. Nestlé is a […]
Posted inOnline Grocery Technology, Home Page Slider, National
Acosta Compiles Top CPG Industry Predictions For 2021
Experts from Acosta – a leading full-service sales and marketing agency in the consumer packaged goods industry – compiled their top CPG predictions for 2021, which include an emphasis on health and safety, accelerated advances in e-commerce, inspirational in-store shopping experiences, efficiencies with fulfillment and consolidation and partnerships with retailers and manufacturers. “Many of the […]