Investors have pumped nearly $2 billion into the food delivery market since 2012, but the market is starting to get crowded and companies are finding it challenging to develop a business model that works well, according to a report from Rabobank. As a result, investment capital in food delivery firms like Instacart and Blue Apron is slowing, the report found.
A site being cleared in Virginia Beach, Va., will be the location of one of the first Lidl stores in the US, as the German grocer moves ahead with plans to open its first stores here by 2018, company spokesman Will Harwood said. "We are in the early stages of launching in the United States, and we're currently looking at sites from New Jersey to Georgia," he said.
Kentucky's Boundary Oak Distillery is releasing Patton Armored Diesel, a whiskey that pays tribute to legendary World War II Gen. George Patton. The whiskey will sell for $46 at the distillery, stores in Kentucky and Army Air Force Exchange stores.
Gordon's Gin is appearing in September in a revamped, more slender green bottle with an embossed design and premium feel, according to Diageo. Also emphasized in the new bottle: the brand's boar's head logo and the signature of founder Alexander Gordon.
An app has been updated to provide discounts for wine and liquor in Pennsylvania's state-run stores, following changes to liquor laws. The app also provides information about products, sales and the nearest location.
About 120 wineries have applied for licenses to ship wine to customers in Pennsylvania, according to the state's Liquor Control Board, up from 50 just a week ago. It includes many wineries from the West Coast seeking to utilize the state's recently changed law, which allows shipment of up to 36 cases per year to a consumer.
To help guide Bhakti into the conventional channel, the spicy iced chai brand has hired Sarah Bird, who has held executive positions at companies including Annie's and PepsiCo, as its new CEO. The company is expanding its footprint in mainstream grocers including Target and Kroger and promoting its social message, built around sustainability and empowering women, to millennials.
Caregiving is typically undervalued in the US, according to Anne-Marie Slaughter, who wrote a well-known 2012 essay on the difficulties of work-life balance. "[W]e are never going to get to gender equality between men and women unless we value the work of care as much as we value paid work -- or when both men and women do it," she said.
Offering deals leading up to the Labor Day holiday and featuring a variety of trusted brands are two ways food retailers can capitalize on the Labor Day shopping surge, according to Curtis Tingle, chief marketing officer of marketing firm Valassis. To make the most of the holiday, grocers should also implement social outreach, coupons and in-store marketing, Tingle said.
Southeast Asian online grocery HappyFresh has closed its operations in the Philippines and Taiwan, and it will focus on growing its core markets in Thailand, Indonesia and Malaysia. The 18-month-old company, modeled after US-based Instacart, said it raised $12 million in its last funding round.
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