Food Retail
Top stories summarized by our editors
1/21/2019

Walmart and CVS Health have resolved a dispute that would have split their pharmacy divisions and ended prescription reimbursement for Medicaid and CVS Caremark members who bought their medicines at Walmart. The new deal is a multiyear contract, the terms of which were not disclosed.

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CNBC
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Walmart
1/21/2019

A delegation from Ecuador's banana industry will visit Germany early next month to ask ALDI to revisit plans to lower the price it will pay suppliers for bananas. Last year, the Ecuadorian Ministry of Agriculture established the minimum 2019 prices banana exporters can pay growers.

1/21/2019

Tops Friendly Markets will roll out a new inventory system with an eye on boosting customer service, right-sizing inventory and cutting down on shrink. The Itasca Magic computer-generated ordering, inventory optimization and direct-store delivery receiving system will be implemented at the retailer's 159 stores early next year, giving each store more control over inventory and replenishment.

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Tops Friendly Markets
1/21/2019

Three-quarters of shoppers expect free delivery of e-commerce orders under $50, according to a recent report from the National Retail Federation. Meanwhile, food retailers absorb the difference between the average cost of $10.10 per online grocery order and the average cost recovered of $8.08 per order, according to a report from the Capgemini Research Institute.

1/21/2019

Bold flavors and contest wins helped build the reputation of New Zealand sauvignon blanc, making the country virtually synonymous with the grape it adopted, Tim McKirdy writes. "That freshness and those grassy notes are aligned with what people are looking for from their wine today," says wine expert Nichole Simpson.

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VinePair
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Tim McKirdy
1/21/2019

Wineries seeking to hold on to organic or biodynamic status will struggle to find an alternative to the spraying of copper to prevent mildew, notes Herve Jestin, head winemaker for Champagne Leclerc Briant. The European Commission's limit for the use of copper under organics will decrease this year, but there's no good alternative for organic farmers, Jestin says.

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Champagne Leclerc Briant
1/21/2019

Vodka distillers such as Belvedere and Vestal Vodka are looking to emphasize terroir and ingredient quality as a way to innovate as vodka sales have slowed in recent years. Meanwhile, the US Alcohol and Tobacco Tax and Trade Bureau is seeking comment on whether vodka should continue to be required to lack "distinctive" traits or whether the standard should be changed.

1/21/2019

Tepache, a Mexican drink made from fermented pineapples, has been turning up on more bar menus, flourishing amid increased interest in fermented drinks. Maggie Morgan at Manolito in New Orleans created the Todo Bien cocktail, which mixes tepache, mezcal and a housemade cordial made with serrano peppers and strawberry tops.

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Tepache
1/21/2019

The Wine & Spirits Wholesalers of America has presented a potential three-tier cannabis distribution model to Congress, making it one of the few entities that have approached the government on how to handle state-regulated, and potentially federally regulated, cannabis sales. "We believe legalizing [it] should include regulations similar to those governing the alcohol industry," said Dawson Hobbs, WSWA's senior vice president of government affairs.

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Dawson Hobbs, WSWA
1/21/2019

Chiquita will promote its bananas in a marketing partnership with "The Lego Movie 2: The Second Part." The new Warner Animation film will feature a character called Banarnar, and stickers on Chiquita bananas in the US and parts of Europe will boast images of various characters from the movie.

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Fruitnet (UK)