Kroger plans to host these summits a few times per year, but will also be leveraging a new portal to connect with potential local suppliers.
Food & Bev
Dollar growth along the perimeter of the supermarket is 2.1 times greater than other areas of the store, IRI has reported.
Online searches for plant-based products have spiked, tripling from 2016 to 2017, and represent an opportunity for retailers to capitalize on this health trend.
The OSHU Index provides the ecommerce industry with benchmark rankings on top online retailers based on store site performance and shopability.
Sales of halloumi are up 24% year-over-year, and the grocery retailer capitalized on the trend with its launch of Waitrose Duchy Organic halloumi.
The grocery retailer is answering a growing demand for meal kits that deliver convenience and healthier food options to its customers.
Despite a drop in shares, Costco CFO Richard Galanti struck a positive note, noting that the company is confident its value is greater than the competition’s.
The category also represents potential opportunity for retailers that are looking to launch new or expand existing private brands.
Despite public commitments to only offer cage-free eggs by specific dates, some of the company’s largest partners are shying away because of high prices.