Food Retail
Top stories summarized by our editors
11/13/2018

While Amazon remains the cheapest source for online groceries, according to Profitero, other retailers are closing the gap, with Jet.com's prices only 0.6% higher. In terms of online grocery market share, Walmart has taken the top spot with 33%, while Amazon fell to 31%, according to a survey by Retail Freedback Group of 760 consumers.

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Amazon, Walmart, Profitero, Jet.com
11/13/2018

US distiller Sazerac has purchased 19 brands from Diageo in a $550 million deal. The deal, which includes Seagram's VO whiskey, will allow Diageo to focus on premium brands, said Chief Financial Officer Kathy Mikells.

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Diageo, Sazerac, Sazerac, Seagram
11/13/2018

Barefoot has chosen 10 pets as the most expressive in the UK, earning each winning owner a custom bottle with their pet's paw print on the label. Over 1,000 pet owners entered the competition, which also ended with Barefoot making a donation to the pet charity of each winner's choice.

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Barefoot
11/13/2018

President Donald Trump took to Twitter today to criticize the tariffs placed on US wines by France, which he deemed unfair. EU tariffs on US wine range between 11 cents and 29 cents per bottle, while the US charges between 5 cents and 14 cents in tariffs per bottle of EU wines, per Axios.

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Eater, Politico
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President Donald Trump, EU, Twitter
11/13/2018

NEW President and CEO Sarah Alter joined with PepsiCo's Shirin Odar to honor Kathy Russello of Retail Business Services with an award at a recent gala for women in the grocery industry. "Kathy has been a role model for women in retail grocery and has helped countless women attain their career goals," Alter said.

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Progressive Grocer
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Sarah Alter, PepsiCo, Kathy
11/13/2018

Technology companies are searching for female directors as they move to comply with a new California law requiring women on company boards. Only 13% of 140 tech businesses in the Russell 3000 Index are already fully compliant.

11/13/2018

There are still gender gaps in earnings and career prospects, despite an influx of college-educated women into the workforce between 1970 and 1990. Certain issues may contribute to these disparities, including the fact that working long hours has become increasingly important for high-earning individuals.

11/13/2018

The opportunities available in careers based in science, technology, engineering and mathematics are not always presented to young girls, said Daniera Thulin, a senior product development manager at Mars Wrigley. The field has changed over the years, but there is still room for progress, she said.

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Mars Wrigley, Wrigley
11/13/2018

Entrepreneurial activity is surging among minority women, data show, although difficulty accessing capital is still a key hurdle. Only a small percentage of venture capital goes to minority women, but there has been an increase in female-focused funds in recent years.

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Inc.
11/12/2018

Schnuck Markets will be the first traditional grocer in the St. Louis market to offer curbside pickup via Instacart, beginning with four stores and expanding the service early next year. Schnucks already offers home delivery via Instacart in its markets across the Midwest.

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Schnuck Markets, Instacart