Category Archives: Business/Economy

Tyson Invests in Animal-Free “Meat” — Bloomberg Businessweek

Tyson is moving forward with plans to develop new animal-free “meat” alternatives: “Tyson isn’t the only player in the conventional meat industry making unconventional investments. Cargill Inc. bought into Memphis Meats, too. Perdue Farms Inc. is investing in humane processing equipment, slow-growth chicken breeds, and niche organic brands. Even Hormel Foods Corp., maker of Spam, is developing animal-free products. If Tyson doesn’t stay ahead of the game, it runs the very real risk of falling behind. ‘We want to actively...

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Walmart Faces Tough Choices on Price — Bloomberg

As the cost of raw supplies and transportation increase, so do retailer and supplier costs. This results in higher prices for consumers. How does Walmart plan to maintain its everyday low prices? “Now it’s Walmart’s move. The world’s biggest retailer faces some hard choices as it prepares to release second-quarter results Thursday. It may choose to pass along those price hikes to consumers. But that’s a riskier move nowadays as shoppers can easily defect to Amazon.com Inc. or deep-discounters like...

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Retail Analytics and Storytelling Part 2

The second half of our Retail Analytics and Storytelling podcast picks up with Terry Clear deep-diving into your data! This week’s show couldn’t be timelier. As we talk about the need for suppliers to build compelling arguments for their Walmart buyers, this reality is hitting a major brand: Hostess Snack Cakes. Hostess recently reported a significant loss in second-quarter Walmart sales. Data shows the dramatic downward trend began with Walmart’s decision to cut back on the feature and shelf space...

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NRF Predicts Strong Retail Sales Growth — CNBC

The National Retail Federation is bullish on retail sales in the United States for the rest of 2018: “‘Higher wages, gains in disposable income, a strong job market and record-high household net worth have all set the stage for very robust growth in the nation’s consumer-driven economy,’ NRF President and CEO Matthew Shay said in a statement. ‘We knew this would be a good year, but it’s turning out to be even better than expected.’” P.S. These predictions bode well...

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Consumer Prices on the Increase — Tuscon.com

Consumer prices are on the increase, causing stress for consumers: “The Labor Department said Friday that the consumer price index ticked up 0.2 percent in July. Annual inflation matched the 2.9 percent pace from June, which had been the highest level since February 2012. Core prices, which exclude the volatile food and energy categories, rose 0.2 percent in June and 2.4 percent from a year earlier.” P.S. Learn how to manage your costs, and prices, effectively from our expert consultants....

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Aldi to Test Curbside Pickup — FoodDive.com

Aldi is testing curbside pickup in some areas. The hard discounter is currently offering delivery services through Instacart in two markets: “The retailer will pilot a curbside pickup program that will let shoppers order groceries online and then have them delivered to their car once they arrive at the store. The move comes on the heels of Amazon’s announcement that it will offer store pickup within 30 minutes from Whole Foods locations in two cities.” P.S. Grocery continues to be...

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“Organic” or “Non-GMO” Label Claims Can be Deceptive — FoodDive.com

Concerns about food label claims are on the increase. According to some experts, even technically accurate label claims can be confusing or even deceptive: “Whole Foods claims organic foods are grown ‘without toxic or persistent pesticides,’ Miller wrote, although organic farmers use both synthetic and natural pesticides. Also, organic products use so-called ‘absence claims’ on labeling noting a useless distinction to make them seem superior, Miller said. For example, orange juice or canned tomatoes may be labeled ‘non-GMO,’ even though...

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Aldi Adds New Fresh Items — Insider

As the grocery wars grow fiercer, so do the efforts of each retailer’s management team. Aldi, which has already undergone significant changes over the past few years, is adding new fresh items to its assortment: “Some of those items include veggie noodles, sliced fruits, organic chicken breasts, and pre-marinated meats, as well as grab-and-go items such as single-serve guacamole and hummus, salad bowls, and quinoa bowls.” P.S. There is no rest for anyone involved in the grocery segment. Do you...

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Report: Walmart.com to Make Third-Party Returns Easier — CNBC

CNBC reports that Walmart.com may be making it easier for shoppers to return products sold by third-party merchants on the Walmart platform: “Starting this fall, customers buying items from third parties on Walmart.com will be able to print shipping labels directly from the website and clearly see the return policies for individual items online, according to a memo sent to sellers and obtained by CNBC.” P.S. Interested in selling on Walmart.com? Sign yourself, and your team, up for our E-Commerce...

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Plant-Based Niche Continues to Grow — StarTribune.com

Plant-based foods, such as nut “milks” and meatless burgers, continue to grow in popularity: “Still, improvements in taste, variety and competition have all led to the mainstreaming of plant-based foods, said Michele Simon, executive director of PBFA. Consumers are mixing and matching meat and meatless options into their diets.” P.S. Plant-based foods and snacks are popular right now, particularly with Millennials. Get your offerings on Walmart shelves: Enroll in an 8th & Walton supplier class today!

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