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KPMG survey: Price not the chief factor drawing consumers online More than half of U.S. consumers are projected to be shopping online for groceries next year, and those who do are expected to boost their spending, according to KPMG’s 2018 Grocery Retail Consumer Perception Survey. Of more than 2,000 grocery customers polled, 48% currently do […]

Distributor sees opportunities with larger scale, more diverse business United Natural Foods Inc. (UNFI) today finalized its $2.9 billion deal to buy fellow food wholesaler Supervalu Inc. With the transaction’s closing, trading of Supervalu’s common stock will cease as of the market open on Oct. 22 and be delisted from the New York Stock Exchange. […]

“As the model continues to expand, brands and grocers are searching for innovative methods to reach consumers through data, technology, and content. Largely driven by the rise of online shopping, some food companies are taking their products online, while some startups are ditching brick-and-mortar stores all together.” Read Full Article Here!  

Revenue at convenience stores grew during the first six months of 2018, according to the National Association of Convenience Stores. Retailers said expanded selections of healthy snack and drink options were a primary sales driver. More than three in four (79%) convenience retailers said in-store sales increased over the first six months of 2018 compared to the […]

PepsiCo is launching a new center for innovation called “The Hive” to help cultivate its niche brands, PepsiCo CEO Indra Nooyi said on an investor results call. This incubator will be a separate entrepreneurial group outside of the core headquarters that will help nurture niche products already in the portfolio as well as look at other venturing […]

“United Natural Foods, or UNFI, said it would acquire Supervalu for $2.9 billion. The acquisition will help the grocery distributor reduce its dependence on Whole Foods, which accounts for about a third of UNFI’s business and has a contract with the distributor set to expire in 2025. UNFI’s relationship with Whole Foods has been uncertain […]