Food Retail
Top stories summarized by our editors
6/18/2018

Wegmans and Publix were named consumers' favorite grocers in a survey by Market Force Information. Wegmans took the top spot for the third straight year, followed by Publix, Trader Joe's, ALDI and H.E. Butt Grocery.

6/18/2018

Sprouts Farmers Market has seen strong growth from its partnership with Instacart, CEO Amin Maredia shared at a conference last week. Instacart has excelled at meeting the challenges of fresh delivery to consumers' homes, Maredia said.

6/18/2018

Several major grocers including Costco and Walmart have formed search alliances with Google that include being featured in results from its digital assistants. Instead of paying for ads, the stores agree to share sales revenue with Google, which coordinates purchases through its shopping cart.

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CNBC
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Google, Costco, Walmart
6/18/2018

The CEO of coconut water brand Vita Coco is crediting strong competition in the category with helping inspire the company to achieve over $201 million in sales as of January of this year. Mike Kirban says that compared to the challenge of growing the company to this point, his next goal -- doubling the business over the next three years -- is going to be an easy task.

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BevNet
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Vita Coco, Mike Kirban
6/18/2018

Investors looking for successful startups have allocated more than $3 billion to food and beverage companies in the past 12 months, looking to find the next trend leader. One hot category for investment is meal alternatives including vegetarian options, with at least three companies attracting sizable support.

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TechCrunch
6/18/2018

Charles Hooley, who was born into a family of grocers and went on to co-found Cub Foods, died Sunday in Stillwater, Minn., at 89. Cub debuted in 1968 as a discount grocer that featured only center-store goods.

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Cub Foods
6/18/2018

The Wonderful Company is one of the top growth leaders in the produce and CPG categories, according to research from IRI. More than 50% of US families buy at least one Wonderful product each year, and the company generated 5% of total CPG sales growth.

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AndNowUKnow
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IRI
6/18/2018

Del Monte Fresh Produce has issued a recall on fresh-cut vegetable trays linked to a cyclospora outbreak in four states. The parasite has caused at least 78 cases of illness, and the vegetable trays were first identified as the suspected cause more than a week ago by public health officials in Minnesota and Wisconsin.

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Food Safety News
6/18/2018

Some farmers markets in St. Lawrence County, N.Y., will offer Supplemental Nutrition Assistance Program participants the ability to increase their buying power. The Double Up Food Bucks program offers SNAP users tokens equal to the value of their purchases, up to $20 per day, which can be used to buy fresh fruits and vegetables.

6/18/2018

Chinese wine sales between January and April reached $2.04 billion, increasing by 6.35% year-over-year, and baijiu accounted for more than 66.1% of the total alcohol revenue in the period, generating $31.6 billion in revenue. Overall, China's alcohol industry generated $47.89 billion in revenue in the first quarter, a 13.76% increase over last year, ASKCI Consulting reported.

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ASKCI Consulting