Semi-prepared foods represent one of the top trends dominating the food and beverage industry, A. Elizabeth Sloan writes, with more than half of shoppers using partially prepared products when fixing dinner, nearly half purchasing take-and-bake meat items weekly and a third of shoppers showing interest in fresh food kits, according to FMI research. Other major trends include foods that cater to solo eating occasions, kid-focused foods and beverages, American regional foods and nutritional and supplemental drinks and snacks.
Wal-Mart is asking suppliers including Colgate-Palmolive, General Mills and Unilever to cut a gigaton of greenhouse gas emissions from the retailer's supply chain over the next 13 years. The reduction would be the equivalent of taking 211 million vehicles off the road for a year, the company said.
Meijer is training employees who will staff its first two stores in Michigan's Upper Peninsula when they open next month. The stores are part of a bigger expansion this year that includes seven new stores in Michigan, Indiana and Wisconsin.
AmazonFresh shoppers can now purchase meal kits from Martha Stewart's Martha & Marley Spoon brand in New York, San Francisco, Dallas, Philadelphia, Seattle, Boston, Washington, D.C., and Southern California. The service, which looks to capitalize on the $1.5 billion meal kit market, is different from rivals such as Blue Apron in that shoppers can purchase one meal at a time, rather than committing to buying a specific number or placing their orders in advance.
Target and Wegmans Food Markets were recognized for their innovation in sustainability at an industry event this week. Target was recognized for its efforts including installing 147.5 megawatts of solar power, diverting 1.3 billion pounds of retail waste from landfills, donating 61 million pounds of food and utilizing 40 megawatts of renewable wind power, while Wegmans' sustainability efforts included donating 14.5 million pounds of food, cutting waste by 80% in a test program and recycling 4 million pounds of plastic bags, 32.6 million pounds of food waste and 123 million pounds of cardboard and paper.
Nebraska-based retailer Eat Fit Go has built its success on a business model that offers healthy grab-and-go pre-portioned packaged meals that can be heated up and eaten at the chain's microwave stations and dining areas, or taken to go. The company now operates stores in Kansas, Missouri, Arizona, South Dakota and Iowa, in addition to its home state, with plans to open more locations in Colorado, Georgia, Minnesota and Oklahoma.
Sagamore Spirit distillery, founded by Under Armour CEO Kevin Plank in Baltimore, will open to the public for tours and rye whiskey tastings this weekend. Located in the city's Port Covington redevelopment area, the distillery hopes to draw 100,000 visits per year.
Led by strong sales of Absolut Lime vodka and Jameson Irish whiskey in the Americas, Pernod Ricard posted much higher revenue for the quarter ending in March. The company said it would continue to push forward with innovations such as Jameson conditioned in beer casks.
Silver Oak Cellars in Napa Valley, Calif., has purchased Ovid Napa Valley vineyard for an estimated $50 million, the latest in a series of winery purchases to take advantage of low interest rates. Big companies and overseas investors are helping to drive up demand for well-situated US vineyards.
- Page 1