XRC Labs â Accelerated Retail and Consumer Labs â is a venture capital firm and accelerator for the next generation of disruptors in the retail technology, consumer goods and consumerization of healthcare sectors. XRC has three types of funds with different stages and company type priorities, but all are consumer retail related. Al Sambar, general partner, […]
Category: Amazon Fresh
Amazon Fresh revolutionized the grocery retail landscape upon its inception in 2007. Emerging as a branch of the tech giant Amazon, the first store opened its doors in Seattle, Washington. Founded on the principles of convenience and innovation, Amazon Fresh aimed to redefine the grocery shopping experience through its online platform and physical locations. Over the years, it has grown exponentially, catering to the evolving needs of customers in the realm of fresh produce, pantry staples, and household essentials. As of 2023, the brand boasts a significant presence, with multiple locations established across various states in the U.S.
Distinguished for its seamless integration of technology into the shopping journey, Amazon Fresh continues to expand its reach, delivering an extensive range of products while emphasizing speed and efficiency. The brand’s commitment to leveraging cutting-edge advancements in logistics and customer experience has facilitated its steady growth. Amazon Fresh remains dedicated to offering a diverse selection of goods, prioritizing customer satisfaction through streamlined services and an evolving assortment of offerings.
January eGrocery Sales Dip From Year Ago To $8.4 Billion
The U.S. online grocery market finished January with $8.4 billion in total sales, down 1.2 percent compared to last year, according to the monthly Brick Meets Click/Mercatus grocery shopping survey fielded Jan. 30-31. The drop in total online grocery sales was driven by ship-to-home sales, which declined 15 percent to $1.3 billion. Pickup posted the strongest gains, […]
NielsenIQ Partner Network Expands With Pacvue
Chicago-based NielsenIQ announced the addition of Bellevue, Washington-based Pacvue to the NielsenIQ Partner Network, an open ecosystem of tech-driven solution providers. According to eMarketer, retail media investment will reach $55 billion by 2024. This shift requires proper omnichannel sales measurement, granular and accurate online product availability, and quality data to drive media performance, profitability and […]
Aldi Opens Regional Distribution Center In Loxley, AL
Aldi unveiled its completed regional headquarters and distribution center in Loxley, Alabama, which will serve as many as 100 stores across the Gulf Coast. “At a time when inflation is putting pressure on American wallets, we believe our mission to save people money on the food and products they need is more important than ever,” said Heather […]
Amazon Falls To H-E-B As Preferred Grocery Retailer
Dunnhumby has released its sixth annual Retailer Preference Index, a nationwide study that examines the U.S. grocery market. Three years after the COVID-19 pandemic upturned the grocery industry, H-E-B has regained its leadership position from Amazon, with Costco following behind in second place. Amazon fell to third while Wegmans took the fourth spot for the third […]
Acosta Predicts Consumer Opportunities, Challenges For Retailers
Jacksonville, Florida-based Acosta has announced its 2023 predictions, identifying several opportunities and challenges for brands and retailers to reach their consumer as they navigate a dynamic and uncertain marketplace. “The economic challenges of the past year will continue to impact consumer behavior in 2023, providing overarching context for what shoppers most care about and how they […]
Dan-O’s Seasoning Expands Distribution To New Retailers
Louisville, Kentucky-based Dan-O’s Seasoning is expanding its distribution through an agreement with Tops Friendly Markets across the nation, as well as Wegmans, Weis Markets, Stop & Shop and Price Chopper in the Northeast, pushing the brand into more than 10,000 retail stores. Dan-O’s Seasoning is a blend of low-sodium, all-natural, sugar-free and non-GMO herbs and spices […]
All Y’Alls Foods Uses Less Resources To Produce Its Products
Cross Roads, Texas-based All Y’alls Foods said it uses less than 1/13th of the land, fuel and water to produce its jerky and bits products, compared to animal-based proteins. When asked if All Y’alls Foods is dedicated to sustainability in 2023, CEO and Founder Brett Christoffel said, “Oh heck, yes. Sustainability cannot be approached without shifting to plant-based proteins.” […]
