Food Retail
Top stories summarized by our editors
10/18/2018

Enemigo founders Robin Clough and Max Davies-Gilbert plan to bring the luxury tequila brand to the US in November after a successful debut that included five awards over three continents. The brand is positioned as a viable competitor to George Clooney's Casamigos luxury tequila.

Full Story:
Business Insider
More Summaries:
George Clooney
10/18/2018

The Distilled Spirits Council and the Foundation for Advancing Alcohol Responsibility have appointed Chris Swonger president and CEO of their organizations. Swonger's experience and industry background make him "a terrific fit" for the positions, said Diageo North America President and Distilled Spirits Council Chair Deirdre Mahlan.

10/18/2018

Michigan has banned the use, possession and sale of marijuana-infused alcoholic drinks. The legislation was passed in anticipation of potential recreational marijuana legalization in the state, supporters said.

Full Story:
Detroit Free Press
More Summaries:
marijuana
10/18/2018

North Louisiana's Ouachita Parish Police Jury has voted to allow packaged alcohol sales on Sunday afternoons in the unincorporated parts of the area. The ordinance allows for sales from noon to 10 p.m. on Sundays.

10/17/2018

Instacart has received $600 million in additional capital investment from hedge fund D1 Capital Partners, targeted by management to help further the company's North American expansion. This latest investment brings the online grocery delivery company's value to $7.6 billion.

More Summaries:
Instacart
10/17/2018

Walmart is positioned well to thrive in the quickly shifting retail landscape, according to company leaders at its annual meeting with investors Tuesday. "We continue to operate with discipline, we're strengthening our cost culture and we're leveraging technology, data and analytics in new ways to be more productive," said Chief Financial Officer Brett Biggs.

Full Story:
Progressive Grocer
More Summaries:
Walmart, Brett Biggs
10/17/2018

Coca-Cola's Fairlife brand is rolling out a line of Smart Snacks nutrition shakes, which contain milk, oats and honey. The Rich Chocolate, Creamy Strawberry and French Vanilla flavored drinks are positioned as a way to stave off hunger between meals.

More Summaries:
Coca-Cola, Smart Snacks, Fairlife
10/17/2018

Albertsons has launched its Marketplace e-commerce site, designed to draw attention to the company's specialty, natural and organic products. The grocer is working with global solutions provider Mirakl to glean user data from the site, which will help highlight national and local food trends.

More Summaries:
Albertsons, Mirakl
10/17/2018

Green Giant is rolling out Riced Cauliflower Stuffing in time for the holiday season. The product will be available in the frozen food cases of select retailers next month and will debut nationwide in January.

Full Story:
Delish
10/17/2018

Millennials and members of Gen X have shown a willingness to pay more for premium food and beverage options like all-natural or organic items, and Gen Z and millennial consumers are open to ordering technology such as tablets or self-service kiosks, according to Datassential. In addition, around one-third of Gen Z and more than a quarter of millennials are cutting down on their meat consumption, and the latter group is twice as likely to be vegan compared to the general population.

More Summaries:
Gen Z, Datassential