Ahold Delhaize is looking to add more properties to its grocery portfolio in the US, according to quotes from CEO Frans Muller in a Dutch newspaper. The company currently operates such banners as Stop & Shop and Giant Food in the US market.
Stop & Shop is highlighting the efficiency of its in-store fulfillment centers, which speed the compilation of orders. The centers can be added to existing stores in a few months, concentrating 90% of the items sold online together for easier fulfillments.
The number of shoppers buying grocery items online for Thanksgiving this year is expected to more than double, reaching 44% of consumers, according to Digital Grocery Survey: 2018 Holiday Edition from RichRelevence. The top reason for shopping online was convenience, cited by 73% of respondents.
Korea's CJ CheilJedang will acquire an 80% stake in Schwan's for $1.8 billion, and the Schwan family will retain the remaining 20%. The company's portfolio includes such brands as Freschetta, Red Baron, Mrs. Smith's and Edwards.
Coca-Cola's Chief Digital Officer David Godsman has outlined three ways the company is transforming itself to engage with consumers in a digital world. The firm aims to develop personalized experiences, digitize with its customers and use technology to make the company more efficient on a daily basis, he said.
Sales of cookies, tortillas and fresh bakery cakes led dollar sales growth in the bakery category over the past year, said IRI's Sally Lyons Wyatt. Categories that saw dollar and unit sales fall during the period were pastry donuts and crackers, she said.
Grocers need to improve their private brands to keep up with increasing competition for those sales from discounters such as Lidl and ALDI, longtime grocery executive Fred Morganthall told the Private Label Manufacturers Association Trade Show in Chicago. "If you're a retailer in grocery and you haven't taken your top 20 or 30 items that you sell today and cut them against Aldi, you're going to be in for a surprise," Morganthall said.
Beaujolais Nouveau is a wine produced at the end of the harvest season that has long been a tradition in France, but is just now starting to catch on in the US. The wines are young, fresh and make for easy drinking, writes Annaliese Griffin.
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