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Industry Operations May 21, 2024Red Lobster Files for Bankruptcy
American seafood chain Red Lobster has filed for Chapter 11 bankruptcy after a decade of struggling with rising prices and increased competition.Topics: -
Foodservice, Suppliers, Retailers May 21, 2024Nestlé to Release Line for Ozempic Users
Nestle said it will debut a line of $5 frozen pizzas and protein-fortified pastas in the U.S., called Vital Pursuit, tailored to people taking GLP-1 antagonist drugs.Topics: -
Trends and Statistics May 21, 2024Food, Alcohol Key to Memorial Day Weekend Celebrations
Roughly 57 percent of consumers plan to participate in Memorial Day weekend, with 95 percent of celebrants intending to make purchases to celebrate...Topics: -
Industry Operations May 20, 2024Former Harris Teeter Owner Dies at 94
Rush Stuart Dickson, the former owner of Harris Teeter and textile manufacturer American & Efird, died on May 11 at the age of 94.Topics: -
Industry Operations May 20, 2024Target Lowers Prices on Grocery Essentials
Target said today it will lower everyday regular prices on approximately 5,000 frequently shopped items across its assortment.Topics: -
Foodservice, Suppliers, Retailers May 20, 2024Walmart Opens High-Tech Fulfillment Center
Walmart opened its latest 1.5 million-square-foot fulfillment in Greencastle, Pennsylvania on Friday.Topics: -
Foodservice, Suppliers, Retailers May 20, 2024FreshDirect Celebrates AAPI Month
In recognition of Asian American and Pacific Islander Heritage Month this May, online grocer FreshDirect is spotlighting its AAPI-led and operated food brands.Topics: -
Industry Operations May 20, 2024Law Pressures Already High Cocoa Prices
A new European Union law that seeks to protect the world’s rainforests that have been affected by land expansion because of cocoa, palm oil, coffee production, and cattle...Topics: -
Industry Operations May 20, 2024Free Industry Event: Wholesale Week
Taking place June 3-7 is Wholesale Week. -
Industry Operations May 20, 2024Low-Income Families More Likely to Go Into Debt for Groceries
Families who already facing food hardship were most likely to take on debt to pay for groceries in 2023.Topics: -
Participants Cite Benefits from SFA Mentorship Program
Although she had plenty of experience with CPG startups in her previous career, Sasha Millstein has learned that being on the other side of the table can be a lot more challenging. -
Industry Operations May 17, 2024Democrats Call on Biden to Investigate Price Gouging
In a recently sent letter to President Joe Biden, a group of Democratic lawmakers urged him to investigate grocery store chains for price manipulations.Topics: -
Foodservice, Suppliers, Retailers May 17, 2024Walmart CFO: Diners Opt for Groceries Over Fast Food
As customers see some grocery items stay the same or get cheaper, the gap between food at home and dining out continues to expand, incentivizing grocery shopping. -
Industry Operations May 17, 2024Food Shippers Invest in Supply Chain
Seventy-five percent of food shipping industry leaders are investing in supply chain visibility technology to enhance compliance, security, and customer satisfaction.Topics: -
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