The Kroger Co. has entered into a definitive agreement for the sale of its c-store business unit to EG Group, a privately held c-store retailer based in Blackburn, Lancashire, U.K., for $2.15 billion. The companies expect to close the transaction during the first quarter of Kroger’s fiscal year. As part of the agreement, EG Group will establish its North American […]
Category: National
Guiding Stars Changes Algorithms To Reflect FDA Nutrition Changes
Guiding Stars has updated the formula it uses to assign stars to thousands of foods in North America. The changes align with the Food and Drug Administration’s (FDA) updated recommended Daily Values (DV) for vitamins, minerals, sodium and fiber and reflect consensus of nutrition science regarding omega-3 fatty acids, DHA, EPA and artificial colors. Guiding […]
How Driving Efficiency Can Impact Your Profitability
Sponsored content by Movista / a Software as a Service company How inefficiency drains your bottom line Whether it’s through duplication of efforts, tedious manual processes or employee productivity, inefficiency can cost your business anywhere from 20-30 percent annually. Imagine this: You’re managing the hectic demands of running a business. It’s your responsibility to ensure revenue […]
2018 Will See High Meat Consumption, But The American Diet Is Shifting
by Rich Waite/ Associate, World Resources Institute While 2017 was a banner year for plant-based eating—with plant-based burgers and other alternative proteins coming to market—2018 began with headlines proclaiming a new year filled with meat. The U.S. Department of Agriculture sparked these stories by predicting that Americans will eat a record amount of beef, pork and poultry this year. The meaty headlines—complete with pictures […]
Americans Ate An Estimated 1.35B Chicken Wings For The Super Bowl
Fans flock to bone-in wings, choose ranch as No. 1 dipping sauce in new nationwide poll. In its annual Chicken Wing Report, the National Chicken Council (NCC) projects Americans’ consumption of the unofficial menu staple of Super Bowl Sunday. NCC’s 2018 report estimated that fans would eat 1.35 billion wings during Super Bowl weekend, an all-time […]
Animal Meat And Protein Resurging As A Culinary Food Trend In 2018
Throughout most of 2017, it was clear that increased consumer focus on vegan, vegetarian and flexitarian diets was influencing trends industrywide. But if 2017 was the year of plant-based proteins, market research firm Packaged Facts predicts that 2018 will be the year animal-based protein makes a push to reclaim space on America’s center plate. Packaged […]
Yogurt Sales Approach $9B At Retail, Growth Expected Through 2022
In its new report, “The Yogurt Market and Yogurt Innovation, 3rd Edition,” market research firm Packaged Facts estimates retail dollar sales in the U.S. yogurt industry were just shy of $9 billion in 2017. Sales increased at a compound annual growth rate (CAGR) of 2 percent between 2012 and 2017. In recent years, U.S. consumers have embraced […]
Kroger Expanding Scan, Bag, Go To 18 Divisions This Year
The Kroger Co. recently revealed plans to introduce its new Scan, Bag, Go shopping technology in 18 operating divisions, making the service available this year to customers at 400 stores. “With every new product, service and technology integration, Kroger is redefining the customer experience and reimagining the store of the future,” said Chris Hjelm, Kroger’s EVP […]
