The regional retailer saw its net income rise 21% during the second quarter through cost cutting, promotions and strong business in its pharmacy and deli foodservice departments.
Walmart is rolling out a new technology in its stores that enables shoppers to scan and pay for their items without checkout lanes, registers, or cashiers. Amazon revealed plans in December to introduce a similar technology to its own brick-and-mortar grocery concept, called Amazon Go, which is still in the planning phases.
Consumers have more options than ever when it comes to buying groceries, and supermarkets are ramping up to compete with fun features and experiences. Food retailers have added to offerings including brewpubs, piano bars and larger stores filled with organic and local produce.
Kroger, Whole Foods and Wegmans are just a few of the retailers building stores in mall anchors formerly occupied by floundering large chains.
Could be rough going for restaurants in 2017: delivery-only food startups; boarding house dinners in people’s homes; suppliers opening their own restaurants, meal kits … all are growing threats. Biggest issue is how falling food prices are hurting the bottom line. Exciting changes in vegetables but artisan butchers strike back. Breakfast morphs into brunch. Playing with frozen desserts. Plus 23 buzzwords.
In this month’s FoodBytes, uncover how suppliers can help operators meet their customers’ LTO expectations and create buzz with this sneak peek into our Blueprint for LTO Success Keynote Report. Discover consumers’ favorite types of beverage LTOs and the opportunities for dessert LTOs. Also learn new concept testing best practices for LTOs and how they are most commonly promoted.
Millennials are more likely than older shoppers to buy produce in channels other than the traditional supermarket, according to the newly released Power of Produce 2017 report from Food Marketing Institute.
Snacks as a stress reliever among latest trends identified by CSNews editors. When surveyed in the 2017 Convenience Store News Forecast Study, one retailer described the salty snacks category — which remains impulse-driven — as “hot.”
In the 2017 Guide to Candy & Snacks, CSNews editors provided the latest trends in confection. As one category executive puts it: “Confection is still one of the largest and advantaged snacking categories” for convenience store retailers.
Organic food sales are setting records as more mainstream Americans fill their shopping carts with everything from eggs to gummy fruit snacks.