Two months after opening its Amazon Go concept store in Seattle, Amazon is reporting that the location is seeing many repeat customers, proving its popularity among consumers on the go. Popular items in the store include chicken sandwiches, fresh fruit and meal kits, Amazon Vice President Gianna Puerini said.
Whole Foods Market will hold a meeting Tuesday with about 200 of its suppliers amid some tribulation over the business restructuring that was launched prior to Amazon's acquisition of the retailer. The requirement to use a particular in-store broker for shelving and promotions has been greeted with frustration by some suppliers, while others see the changes as an opportunity to move faster.
Olive Garden parent Darden Restaurants will open the first airport location of its Bahama Breeze chain at Orlando International Airport. Darden is slowly expanding Bahama Breeze, which at 39 units is one of the company's smaller concepts.
Longtime Campbell Soup executive Mark Alexander will depart the firm on April 2. Alexander currently serves as president of the company's Americas Simple Meals and Beverages unit.
Archer Daniels Midland will restructure into four business units: carbohydrate solutions, nutrition, origination and oilseeds. "The changes we are announcing today enhance and accelerate our efforts to deliver value-added, differentiated products and services and drive growth across our entire portfolio," said CEO Juan Luciano.
Innova Market Insights has identified "lighter enjoyment" as one of the year's top beverage trends, which can be seen in several recent innovations that feature healthful formulations, lighter sugar content and subtler flavors. Also gaining steam in the beverage world are soft drinks geared toward adults, such as fermented fruit juices and freshly brewed teas, said Christoph Witte of Dohler.
Coca-Cola's latest TV ad, which premiered during the NCAA Basketball Tournament over the weekend, is showing fans "how it's done" when it comes to game-day refreshment. The new spot depicts fans arguing over what to eat, but agreeing wholeheartedly that they must serve "ice-cold Coke."
Essentia Water is driving 80% of the growth in the alkaline water category, but the company is aiming to make waves in the larger premium water segment. "Our goal is to be the No. 1 premium water in the country, and we're slowly getting to be No. 3," said CEO Ken Uptain.
The founders of siggi's yogurt, Justin's nut butter, EPIC provisions, Chameleon Cold-Brew and Birch Benders shared lessons they learned while growing their firms during a panel discussion at the recent Natural Products Expo West. "We have to sometimes think ahead and understand what it is the consumer doesn't know they need yet," said Justin Gold, who sold his nut butter line to Hormel in 2016.
Henkell, the sparkling wine branch of Oetker Group, has reached a deal to acquire a majority stake in Spain's Freixenet. The deal, valued at about $270 million, will have to be approved by antitrust regulators.
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