Organic foods have long carried a price premium along with a certain snob appeal or caricature, depending on your view: Fancy eats for affluent folks, not the hungry and thrifty masses. So much for that stereotype. Organic products sold under Kroger’s store brand are about to top $1bn in annual sales.
So-called "adversarial procurement" practices among large retailers are a threat to the "integrity of the food industry", according to a major report into the horse meat scandal in Europe.
The Coca-Cola Company and its African bottling partners announced a new investment of $5bn during the U.S.-Africa Leaders Summit in Washington. The investment, to be made over the next six years, increases its total announced investment in Africa to $17bn from 2010 to 2020. The Company and its bottling partners anticipate that this investment will fund new manufacturing lines, cooling and distribution equipment and production; create additional jobs and opportunities across Coca-Cola's African supply chain; and support key sustainability initiatives and programs focused on safe water access, sustainable sourcing, women’s economic empowerment, community well-being and operational efficiency improvements.
You walk into the local supermarket, list in hand. Eggs, milk, bread, some pork chops and steaks, cereal, potatoes, fruit, and what the heck, maybe a bag of chips. You know the routine: with basic meat, bread and dairy necessities strategically set up around the perimeter, you'll have to pass by a host of other items on the way there and back.
Anheuser-Busch InBev pledged to reduce the company's carbon emissions in logistics operations by 15 percent by the end of 2017 against a 2013 baseline.
As consumers continue to demand more from retailers, the grocery industry should adapt and provide targeted shopping experiences tailored to specific consumer needs and changing demographics, according to PwC’s report titled, Front of the Line: how grocers can get ahead for the future. Based on a survey of more than 1,000 shoppers, the report shares insights on changing consumer segments, what they'll want for the future and what can be done today to keep them happy tomorrow.
Taiwan Tobacco & Liquor Corp. (TTL) has deployed a radio frequency identification solution to ensure its products' authenticity, and to track the goods through its supply chain.
The majority of America's chain restaurants held the line on price hikes the first part of the year but plan to start raising them, according to a new survey from SpenDifference, a restaurant supply chain co-op.
Food-processing technology company Marel has released an RFID-enabled system that moves fish through weighing, trimming and quality-control processes, while tracking data and identifying product for inspection, based on information collected by RFID readers and antennas.