Mondelēz International’s corporate venture capital arm, SnackFutures Ventures, has taken a minority stake in Urban Legend, a “better-for-you” fresh doughnut and pastry business based in the UK. Founded in 2021 by scientist and entrepreneur Anthony Fletcher, Urban Legend uses a custom designed and patented air frying technology to reduce sugar, fat and calories by 30-75 […]
Category: National
Posted inProduce News, National
Survey: Self-Checkout Presents Opportunities For Fresh Produce Sales
As self-checkout continues to shape the retail landscape, a recent consumer survey conducted by Fusion, a business-to-business marketing agency for fresh food, reveals insights into the behavior and preferences of today’s shoppers. With more than three-quarters of surveyed consumers regularly using self-checkout and 90 percent expressing satisfaction with the experience, the findings point to successes, […]
Posted inOnline Grocery Technology, Albertsons, National
Afresh Introduces DC Forecasts, Albertsons Cos. First Customer To Implement
Afresh Technologies has launched its first solution for distribution centers, Afresh DC Forecasts, with Albertsons Cos. as its first customer to test the product. The new AI-powered DC Forecasts offer the first fresh-specific technology solution for DC buyers that automatically compiles the data the buyers must consider every day to forecast upcoming orders from the […]
Posted inGrocery Store Layout, Amazon Fresh, National, Whole Foods
Whole Foods Market Planning Two Store Openings In October
The openings for two new Whole Foods Market stores on opposite sides of the U.S. are fast approaching – a 42,560-square-foot location Oct. 10 at 790 Lyannough Road in Hyannis, Massachusetts, and a 50,338-square-foot site Oct. 16 at 12500 N Tatum Blvd. in Phoenix, Arizona. Both locations are replacing existing stores in the area. Whole […]
Posted inInternational Foods, National
PepsiCo To Acquire Siete Foods For $1.2B
PepsiCo Inc. has entered into a definitive agreement to acquire Garza Food Ventures, d.b.a. Siete Foods, for $1.2 billion. PepsiCo said the acquisition of the Mexican-American brand will complement its portfolio while growing its better-for-you food offerings. Founded in 2014, Siete produces authentic heritage-inspired tortillas, salsas, seasonings, sauces, cookies and snacks. Siete’s products can be […]
Posted inOnline Grocery Technology, Industry Leaders Speak, National
How Geissler’s Supermarkets Added Shopping Carts With AI
Sponsored content Nick Nickitas, general manager of local independent grocery at Instacart, sat down for a conversation with Bob Rybick, president and CEO of Geissler’s Supermarket, to discuss the strategy behind Geissler’s decision to replace a majority of their shopping carts with AI-powered smart Caper Carts, making them one of the first retailers in the […]
Posted inGuest Contributors, Association News, National
Getting Involved Reaps Benefits For Independent Grocers’ Priorities
Making oneself heard can be a challenge, especially as a single voice in the political wilderness. And in an election year, the noises around us competing for attention can be deafening. But while being united makes us stronger, it’s still vitally important for our individual members to participate in the process at the local level. […]
Posted inIndependent Store News, Corporate Store News, National
Study: Physical Store Next Major Channel As Retail Media Evolves
As retail media evolves and outpaces all other forms of ad spending, it becomes more targeted, more effective for brands and more valuable for retailers. Acosta Group released its recent Seamless Shopper Qualitative Research Study in advance of Groceryshop, which is set for Oct. 7-9 in Las Vegas, offering insights on the importance of in-store […]