News about how companies are coping during the pandemic and how their post-pandemic plans are coming together were among this week’s most-read stories. An interview with Walmart's US CEO John Furner about how the retailer’s emphasis on e-commerce will likely persist after the pandemic was this week’s top story. The company, along with Amazon, Costco, Publix and Kroger, is among the food retailers that have had the best response to the pandemic, according to a shopper survey that also made the top 10 list this week.
Grocery retailer Wegmans made headlines with its announcement that it still plans to open three new stores this year in New York, North Carolina and Virginia.
In foodservice news, Starbucks said this week it will accelerate its plans to convert existing stores to drive-thru units in order to meet higher demand for to-go orders that is likely to be sustained after the pandemic is over. “The plans we had for this broader store transformation over a three- to five-year period will now occur over the next 12 to 18 months,” CEO Kevin Johnson said.
Check out the rest of the top 10 most-read stories this week in our food and beverage briefs:
- Food companies, restaurants take new approaches to marketing amid pandemic
- Restaurants get creative with off-premises dining to create a sense of place
- How consumer behavior is forever changing the grocery, CPG industry
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