Food Retail
Top stories summarized by our editors
5/21/2018

Younger shoppers continue to see more and more overlap between supermarkets and restaurants, according to Amanda Topper, associate director of foodservice research at Mintel. Those who buy prepared meals or dine at the grocery tend to be younger, male and often parents, Topper said, and consumers increasingly would like to see more foodservice options at retail.

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Amanda Topper, Mintel
5/21/2018

Consumers are looking for better quality wines, not necessarily simply more of the same, per presentations at the Wine Market Council's annual meeting. To best serve the consumer, retailers should be flexible, said keynote speaker Christian Navarro, president and co-owner of Wally's Wine and Spirits and Wally's Beverly Hills, citing how his stores have added food options and more data analysis to boost sales.

5/21/2018

A mobile grocery truck is expected to help provide fresh foods in small Kansas towns where local grocers have closed. The food truck program is being backed by a coalition of local agencies and stocked by a Save-A-Lot store in the region.

5/21/2018

Many online delivery firms are reevaluating their business models as Amazon's acquisition of Whole Foods Market shakes up the grocery sector, but the Benchmark investment fund sees an opportunity, putting $50 million into the Good Eggs service. "Every time Amazon launches something new with Whole Foods," said Good Eggs CEO Bentley Hall, "our growth accelerates because people feel more comfortable buying groceries online."

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Amazon, Bentley Hall
5/21/2018

UK supermarket chain Co-op will expand a pilot food donation project from 50 stores to all 2,500 locations this year. Under the program, stores will take fresh foods with that day's "use by" or "best by" date off the shelves shortly before closing and donate them to help charities serve an estimated 8 million meals annually.

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Edie (UK)
5/21/2018

Avocado growers in Chile's Petorca province are growing high volumes of the fruit to feed rising European demand, a trend locals say is making a regional drought worse. The growers are over-pumping groundwater to meet the needs of the water-intensive crop, according to a published report.

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Quartz
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Chile
5/21/2018

The citrus industry has a $7.12 billion economic impact in California, and it contributed $1.7 billion to the state's GDP in 2016, according to a report from the Citrus Research Board. The industry is working with government agencies to ward off an outbreak of huanglongbing, or citrus greening.

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Citrus Research Board
5/21/2018

Early prices for some Bordeaux top vintages that are still in the barrel are down substantially from last year's levels. While some estates have not changed their prices, others have decreased prices by more than 10%.

5/21/2018

The Canadian subsidiary of Southern Glazer, Great North Distributors, has reached an agreement to act as distributor for cannabis products in that country. "Our decision to become the first beverage alcohol distributor to facilitate the legal distribution of cannabis in Canada reinforces our innovative, first-mover position in the industry," said Doug Wieland, executive vice president of Southern Glazer's Wine & Spirits Canada.

5/21/2018

The Bright Cellars wine subscription service has received $2.8 million in additional investment that should allow further growth, the company said. The money will help the company, now with more than 22,000 subscribers, grow its range of available wines, its marketing and its data analysis capabilities, CEO Richard Yau said.

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Bright Cellars