Despite a two-year decline in profits, North American independent grocers were able to turn these numbers around in 2015. The NGA’s Independent Grocers Financial Survey reports strong financial indicators for the industry, confirming what many already know: independent grocers are resilient and driven towards continued improvement.
The Food Safety Modernization Act (FSMA) “final rule”, with respect to Foreign Supplier Verification Programs (FSVP), is a means of the US Food and Drug Administration to regulate the human and animal food imports of international importers.
Those who are in the grocery store industry know that shrink is one of the leading causes of profit loss. Shrink is the difference between profits that should have been made versus profits that were actually made. Many inexperienced grocery store owners or managers end up dealing with hefty profit losses because they are ordering the wrong amounts of inventory or the wrong products in general.
Expiration dates can be hard to locate on a product and even more challenging to decipher. Currently, the United States does not have a regulated or standard system for coding expiration dates on food, except for those on baby food and infant formula. All other dates and codes are added voluntarily by manufacturers. There are…
Did you know that the restaurant market is in decline? Everyone from Wendy’s to more upscale establishments have been hit, with fast food places suffering most of all. While this news comes as a major disappointment to restaurant owners, grocery store owners could not be happier. What they may tell you, though, is that this…
In efforts to extend their brand, Kroger has added a dietitians and nutritionist to their care model, organically growing as an industry leader in health and wellness.
The Little Clinic from Kroger is testing out nutritional counseling in Nashville, Tenn., Columbus and Cincinnati, Ohio, and Denver
At 80 million, Millennials make up the largest demographic group.
Though some argue that change within industries should cater towards the spending power of the older generations, the younger millennial group, seems to be the focus of new studies, conferences, and recommendations on how brands should conduct a proper strategic plan to attract their attention and gain their business.
What are consumers looking to purchase this year? In a store filled with thousands of products, standing out throughout the aisles is no easy task—catching the eye of the consumer is difficult. Here is a quick list of packaging trends that tops our list for the year. Packaging with Transparency The culture trends in the…