Investcorp, a global alternative investment firm, has announced its acquisition of a majority stake in Sunrise Produce, a wholesale produce distribution company based in Southern California. Terms of the deal were not disclosed. Founded in 1991 by Paul Carone, Sunrise provides customers across the specialty and white tablecloth restaurant and resort, education, healthcare and retail sectors with fresh […]
Category: National
Consumers Changing Shopping Habits Due To Environmental Concerns
New findings released Oct. 5 by the Marine Stewardship Council show that people are changing their diets for environmental reasons as concerns over climate change grow. Following a summer of life-threatening heat waves, extreme storms, unprecedented flooding and other weather events exacerbated by climate change, some shoppers are taking control of their impact on the environment through […]
Study Shows Retailers Not Prepared To Manage Digital Operations
Incisiv, an industry insights firm that helps retailers and brands navigate digital disruption, has released the findings of an executive survey, titled “Digital Complexity: Thriving in Unpredictable Times.” Conducted in partnership with Fluent Commerce, commercetools and Contentstack, the survey found that retailers expect major increases in operational requirements around fulfillment and digital-related functions in 2023. With the pace and complexity […]
Anticipation Building For Produce Industry’s Largest Gathering
The Global Produce and Floral Show will be the first time for the industry to come together under the new International Fresh Produce Association. Scheduled for Oct. 27-29 in Orlando, Florida, it will be the largest gathering of the year for the global produce and floral supply chain to connect and do business, according to […]
Mars Releases M&M’s Caramel Cold Brew Candies
M&M’s, a brand of Newark, New Jersey-based Mars, has released its latest product, M&M’s Caramel Cold Brew. The product features a combination of coffee and caramel, covered in milk chocolate and wrapped in a colorful candy shell. “More and more coffee drinkers are exploring new flavor combinations, with cold brew ranking as one of Gen Z’s […]
The Shopper’s Journey To Health And Wellness
by Jim Dudlicek / NGA Director, Communications and External Affairs Consumers are increasingly concerned with being healthy, and at the grocery store, health and wellness means more than food and nutrition. Often built around an in-store pharmacy, health and wellness at the supermarket can include over-the-counter remedies, vitamins, nutritional supplements and other products designed to […]
IFPA Focused On ‘Advocating And Guiding’ With Unified Voice
The International Fresh Produce Association was launched Jan. 1 to bring a unified voice to the global produce industry. “United Fresh and PMA came together,” said Cathy Burns, CEO of the IFPA. “We established a new brand, a new vision, which is to bring the global produce industry together to create a vibrant future for […]
Dunnhumby Reports Food Inflation Higher Than Anticipated
According to the latest dunnhumby Consumer Trends Tracker, Americans believe that food-at-home inflation has hit 22.8 percent, 9.7 points higher than the 13.1 percent annual rate reported by the U.S. Bureau of Labor Statistics. The perceived rate of food inflation is 5.1 percent higher than the dunnhumby Consumer Pulse report from February, just after Ukraine was invaded. The […]
