Artificial intelligence is the natural evolution of robotics, a technology developed in great part to benefit the automotive industry that quickly found its way to other industries. In food retail, the expanding use of AI means everyone along the supply chain can analyze larger amounts of data to more closely track and master the wily laws of supply and demand. Learn more.
The Power of Meat report explores the financial prowess of the $67 billion category and meat's overall role in supporting a food retailer's reputation. It also focuses on the changes -- some subtle, some remarkable -- in the overall food culture and the resulting implications for food retailers. The 14th edition of the study takes a step back from the tactical execution at the meat case to gain a better understanding of how meat fits into the changing food landscape. How can we optimize meat's role in the new ways of living, shopping and eating?
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Sotheby's raised nearly $1 million in an auction of 25 five-bottle cases from the esteemed Chateau Mouton Rothschild today, the second of three charity auctions with funds originally slated to go toward restorations of the Palace of Versailles. After this week's fire, the bottles - each with a unique label designed by artists featuring works housed at Versailles - will instead raise funds for the restoration of the revered Notre Dame cathedral.
Consumers are able to spend more on their wine purchases when the economy improves, said Corey Beck, CEO of The Family Coppola. "The price point right now that seems to be doing well is $15 retail -- doing extremely well," he said.
Popular food trends are also extending to pet food, with a jump in spending of 30% per household between 2006 and 2010, according to Nielsen. Fresh offerings, vegan options and clean-label ingredients are becoming more important to pet owners.
Whenever employees use meetings to vent their frustrations, leaders should show sympathy and ask how they can serve as support and an accountability partner, writes coach and social worker Melody Wilding. "You encourage them to access their own resourcefulness, counteracting some of the helplessness that leads people to vent in the first place," she writes.
A Bristol Farms location in Yorba Linda, Calif., has created a dedicated display for plant-based meats from Before the Butcher in its meat case. "Even six or eight months ago, it seemed like such a radical idea to even think about doing that," says Before the Butcher founder Danny O'Malley.
Beginning next week, Metro stores in Quebec will allow shoppers to bring in reusable containers and zipper bags to carry fresh food items from several departments. The program is intended to cut down on single-use plastic packaging and has already been piloted at select locations.
Grocery retailers are helping shoppers connect with wellness and health goals, as 55% of consumers say they consider their primary grocer a partner in health, according to FMI. Natural Grocers by Vitamin Cottage, for example, rolled out a six-week program in January called Keto Reset led by its nutritional health coaches and will relaunch the program this month.
Food retailers can create in-store memorable experiences lots of ways, but Rick Stein is always particularly impressed by the grocery stores that take the time to learn their local shoppers' fresh culinary preferences and build tantalizing experiences around them that draw customers in. Read more.