America's largest grocers are remodeling stores to draw in customers.
read moreExpiration date labels on food and drinks have been the subject of confusion for many years, as shoppers struggle to understand the difference between "Best By," "Use By," "Best If Used By" and other phrases. Regulators have attempted to standardize these marks, but until recently, little...
read moreThe Krogers Co.'s focus on digital paid off in first quarter 2019, as the supermarket chain benefited from improved stores and a focus on faster delivery, reported Seeking Alpha....
read moreAs e-commerce contributes more and more to sales, grocers are turning to new models to get customers their groceries easier and faster than the competition.
read moreMeal kits are projected to become a major market for the food industry in the coming years. That being said, the future may not be in standalone meal kit subscription companies, but rather retailers with meal kit offerings. Meal kit businesses like Blue Apron and HelloFresh have struggled to find customers and keep them coming back, but retailer have found that they already have a set customer base that is visiting their stores on a regular basis and looking for meal ideas.
read moreAll supermarkets have had to become smarter and more responsive in this new era of food retailing as options become wider for consumers, and mergers such as the Amazon/Whole Foods Market deal make it harder to compete. However, some chains are taking a more comprehensive approach than others.
read moreFaced with increasing competition in the supermarket sector, retailers really have to step up their game. It's no longer enough to just have a wide selection or be close to people's homes. With so many more options, customers aren't sticking with one primary store, but moving from retailer to retailer to find the one that has the right balance of value, convenience and quality.
read moreAh, yes. Millennials: everything you thought you knew is wrong, and everything you thought was right is about to change. In some variation or another, this headline gets repeated throughout the year as writers try to explain the attitudes, cultural nuances and, perhaps most importantly, spending habits of the most maligned and ambiguous population to ever live in the U.S.
read moreIn recent years, Americans have shifted their food purchasing habits. What was once the hallmark of the American food industry, grocery stores have taken a backseat in the news as fast-casual eateries, farmers markets, specialty stores, drug chains and other big box retailers have become more popular. Despite the noise, grocery stores remain a pivotal part of the...
read moreThe Kroger Co., by all accounts, is a giant. Born in 1883 in Cincinnati, OH, The Kroger Company is now the country's largest supermarket chain by revenue and operates over 2,620 supermarkets and multi-department stores. In addition, it's the second largest general retailer in the nation, and the twenty-third largest company. Kroger also happens...
read morePrivate label food items are becoming increasingly popular as consumers look more for value in their choices and perceptions of private label's quality improves. Store brands accounted for nearly $3 billion in incremental sales overall at the end of 2014, an increase of 2.5% over the previous year and more than twice the percentage gain that was recorded by national brands, according to the Private Label Manufacturers...
read morePrivate label products were among the top five sellers by dollar sales in 95 out of 122 total food and beverage categories tracked during the 52 weeks ending Oct. 6, according to Food Institute analysis of data provided by IRI, a Chicago-based market research firm (@iriworldwide).
read moreDo you know who makes your supermarket sushi?
read moreCould grocery checkouts be a thing of the past in the next decade? CBRE thinks so.
read moreThe Amazonization of Whole Foods Market took another step forward during the first week of April as reports emerged that the companies are lagging in attracting Prime members.
read moreIn the past, the American people have watched as retailers such as Walmart, Target and even Kohl's worked to enter the grocery channel. However, have we ever seen a grocer look to become something more? I posited this question after reading a few recent news...
read moreUnited Natural Foods Inc. (UNFI) entered into a definitive agreement to acquire Supervalu Inc. for approximately $2.9 billion on July 26.
read moreOn a recent visit at a friend's house, I had a moment of clarity to see how technology is becoming such a major facet of everyday life. Clearly, we cover technological advancements pretty regularly here at the Food Institute, but for whatever reason, all of the news stories I've been reading over the past few years became tangible.
read moreJust two days ago, Jana Partners increased its stake in Whole Foods Market to 8.3%, up from approximately 7.2%. This news caused a flurry in the the industry as as analysts, experts and competitors all began to predict what this might mean for the company. It also sparked talks of a potential acquisition from rival grocery companies.
read moreAs the competition in the grocery sector heats up, retailers are being forced to lower prices and increase convenience in order to keep their customers from jumping ship in favor of another store. As more types of retailers successfully transition in to full-fledged food sellers, the competition will only get more fierce.
read moreEmotion, commonly understood as the most significant driver of customer loyalty, can pay huge dividends for companies. And for the food industry; that's a good thing. According to the 2016 Temkin Emotion Ratings, consumers are very happy with their food outlets and grocery stores, especially compared to some other industries.
read moreThe Kroger Co. may be a large and successful supermarket chain with over 2,700 stores in 35 states, but that doesn't mean it has time to rest on its laurels. It recognizes the importance of adapting to customer tastes as the food industry is always changing, and it can be fairly easy to get left behind....
read moreIf you live on either the East or the West Coast, it's quite likely that your local supermarket scene is in a state of change. Some may call it a state of turmoil. With A&P announcing its bankruptcy on the East Coast and Haggen declaring bankruptcy out West, there's a significant number of stores changing...
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