Boise, ID – Albertsons will be launching a digital marketplace for small or new brands, and it could be ready for consumers this summer, according to a story reported by CNBC. This occurs as more and more retailers turn to big data to help them guide their buying decisions. It...
Providence, RI — United Natural Foods, Inc. reported record-setting net sales, and raised its guidance for fiscal 2018 during its second quarter financial results conference call. The organic, natural and specialty food distributor's net sales were $2.53 billion, representing growth of 10.6% or approximately $242 million over the second quarter...
Austin, TX – As Amazon takes a more prominent stake in merchandising at Whole Foods Market six months in, a report from Yahoo Finance says it is pressing for more mainstream products such as Coca-Cola, in clear conflict with the company’s current standards for the type of foods it will...
San Francisco, CA - Instacart is not taking news of Amazon’s free two-hour delivery service sitting down. The online grocery delivery service just raised $200 million in fresh funding, and boosted its valuation by nearly a billion dollars, CFO Ravi Gupta announced this week, according to Reuters. This means the...
Cincinnati, OH - More than 50 emerging natural food brands participated in Kroger's second Natural Foods Innovation Summit last week, an increase of ten from its inaugural summit in October. Part of the reason for this could be the supermarket's new online portal for suppliers, launched in September. The supermarket,...
Like most relationships, my love affair with Whole Foods started off great. I loved the narrative: three hippies get together in the mid-1980’s to start a store that’s an alternative to “Big Food” — a store devoted to selling foods that actually make a difference to your health. Beautiful, organic...
Online grocery shopping has skyrocketed for Amazon.com Inc. since the company purchased Whole Foods Market for $13.7 billion, Bloomberg reports. One Click Retail, which monitors sales, estimates that within one week, online sales of the Whole Foods private label 365 brand totaled around $500,000, according to Bloomberg. The speed at...
Austin, TX – It's clear sailing for Amazon.com to move forward with the purchase of Whole Foods Market for $13.7 billion. Shareholders approved the deal on Wednesday morning and a few hours later, Bruce Hoffman, acting director of the Federal Trade Commission's Bureau of Competition, said the agency had decided...
