Kroger’s convenience store business has been acquired by UK-based EG Group in a $2.15 billion deal. The 784 c-stores will continue to operate under their respective banners and, as part of the deal, EG Group will set up its North American headquarters in Cincinnati.
Health officials are reporting that this year’s flu season is now more intense than any since the 2009 swine flu pandemic, so CPG retailers and manufacturers must be prepared when the flu sweeps through town. Since market nuances are very important, check out IRI’s research here to find out how specific regional markets are being impacted by the flu and how correlating purchase behaviors vary at the market level.
Nutrition supplements continue to be a strong category, with existing customers adding to their regular purchases. Benefit-specific supplements and shelf-stable branded and private-label probiotics have helped the category grow in recent years, according to consulting firm NMI.
Changing consumer tastes and preferences for higher-end, premium coffees have slowly been changing the global coffee industry. This makes it more important than ever to keep apprised of updates to the coffee market, such as price fluctuations, crop forecasts, sales and overall trends.
Weis Markets today enhanced its Weis Preferred Shopper program to offer discount rewards on nine different Weis private label products, including Weis Quality ice cream, in addition to already existing gasoline perks.
Following successful pilots in Raleigh and Greensboro, N.C., Food Lion has added the Shop & Earn enhancement to its MVP Customer Rewards Program, allowing shoppers to save more money each month on products they already purchase and in categories they already frequent.
A basket of items cost $72.03 at Amazon compared to $92.95 at Walmart, with selected products including steak sauce, pasta, soft drinks, ketchup and spring water.
Kroger Co. is not only expanding its scan-as-you-shop technology, but it’s also going to allow shoppers to skip checkout altogether and pay through an app.
Today’s food retail trends will shape the industry for years to come, and retailers know it. In the brand new report U.S. Food Market Outlook 2018, market research firm Packaged Facts examines and forecasts how current trends across 14 food retail categories will influence growth through 2022.
Korea’s gochujang and Ethiopia’s berbere look like 2018 flavor favorites.