In its Easter 2022 overview, the National Retail Federation found that consumer engagement was nearly back to pre-pandemic levels, with 80 percent celebrating. Average per person spending on all holiday-related purchases was $170 – a three-year low. Amid 40-year high inflation, consumers expected to spend more on food, but pulled back on spending in all […]
Category: National
Posted inNational, Corporate Store News
Cencosud To Acquire 67% Of The Fresh Market, Partners With Apollo
Cencosud, a South American retailer, has entered into an agreement with funds managed by an affiliate of Apollo Global Management Inc. to acquire 67 percent of The Fresh Market Holdings Inc. Founded in 1982 and headquartered in Greensboro, North Carolina, The Fresh Market supermarket chain has 160 leased stores across 22 states, with an average […]
Posted inPackaging News, Center Store, National
Kraft Heinz, Pulpex Partner To Launch Recyclable Ketchup Bottle
Heinz has partnered with Pulpex to develop a paper-based, renewable, recyclable bottle made from 100 percent sustainably sourced wood pulp. Heinz is the first sauce brand to test the potential of Pulpex’s sustainable paper bottle packaging for its range of condiments. For The Kraft Heinz Co., this collaboration is the latest step in its journey […]
Posted inOnline Grocery Technology, National, Supply Chain News
FDA Traceability Rule Approaching November Deadline
The FDA has proposed establishing additional traceability recordkeeping requirements for those who manufacture, process, pack or hold foods the agency has designated for inclusion on the Food Traceability List. The proposed Food Safety Modernization Act regulations require capturing batch or lot and similar shipment level data for a wide variety of fresh produce, seafood and […]
Posted inAssociation News, National
5 Questions For Tony Sarsam
The president and CEO of SpartanNash shares his thoughts on the current state of the industry and what the future holds for independent grocers. The pandemic, a widespread labor shortage, supply chain issues, high fuel prices and now conflict in eastern Europe have created a perfect storm that’s driving inflation. What can be done to […]
Posted inGuest Contributors, Association News, National
Examining Price Authority And What Shoppers Don’t Know About It
“I know what I know; the problem is that I don’t know what I don’t know.” In business, and in life, awareness of what you don’t know can be critical to success. And of course, the opposite is true. Being confident you know something, when the opposite is true is a path to disaster. As […]
Posted inOnline Grocery Technology, National, Supply Chain News
Kraft Heinz, Microsoft Partner To Accelerate Supply Chain Innovation
The Kraft Heinz Company and Microsoft Corp. are joining forces to develop solutions designed to accelerate the consumer goods company’s transformation and enable a more resilient supply chain. The initiative is one of Kraft Heinz’s largest technology investments to date and a key driver of the company’s AGILE@SCALE approach. With Microsoft Azure as its preferred […]
Posted inPackaging News, National, Supply Chain News, Sustainability News
CBA Reports Inflation, Sustainability Expectations To Shape CPG Future
The Consumer Brands Association highlighted three major trends in its CPG Outlook 2022 report that will inform the remainder of the year for the CPG industry. Inflation: More than a year of skyrocketing costs to make and ship products will be exacerbated by the Russian invasion of Ukraine, furthering inflation and prolonging the supply chain crisis. Work Revolution: COVID-19 […]