Search result for grocery
The wholesale price of eggs has 'collapsed.' Why customers may soon be able to breathe easier
In recent weeks, wholesale egg prices have declined from record highs, signalling that customers may soon get some relief at the grocery store. However, the mechanics of egg pricing from the wholesale to retail market, among other factors, render this improbable in the short term. According to Ur...
Karly, an online grocery store, has decided to cancel its initial public offering due to market volatility.
A South Korean firm that promised next-day grocery delivery service has cancelled its IPO because of the deteriorating economic conditions, which have halted the market debuts of other start-ups. Considering market sentiment remained negative amid the global market uncertainty, the company opted ...
According to experts, grocery prices will rise even more
Food Storage was experienced by supermarket however expertise predict that things might get worse.
Due to third La Nina weather cycle which results in significant rainstorms, additional producer stress which may cause an unexpected price increase.
According to the report Econo...
CHINA’S PINDUODUO E-COMMERCE FIRM REPORTS A 146% SURGE IN QUARTERLY REVENUE
Highlights –
- China’s Pinduoduo e-commerce firm reports a 146% surge in quarterly revenue.
- The company reported 788.4 million annual active buyers until the end of 2020.
- The company’s shares fell by 9% in pretrade activity ...
FMCG COMPANIES CONTINUE TO BENEFIT FROM ONLINE SALES
HIGHLIGHTS
- FMCG companies are getting benefits due to online sales.
- A report by Unicommerce said that sales on e-commerce grew 36% in volume terms compared to FEB 2020.
- In DEC 2019 quarter, 30% growth was witnessed.
- In DEC 2020 q...
U.S. ONLINE GROCERY SALES SURPASS $8 BILLION IN NOVEMBER
Highlights
• Out of total $8.1 billion, grocery delivery and pickup services accounted for $5.9 billion which is 73 percent of the total
• Another reason behind the growth was also the surge in the number of households who used the services in last month that too by ...
E-COMMERCE PLATFORMS OFFERING HYPER-LOCAL SERVICES TO NET-SAVVY AMIDST ONGOING PANDEMIC
- More major e-commerce platforms are offering hyper-local services as demand for farm-fresh food in online shopping continues to rise amidst the ongoing pandemic, according to industry sources.
- In September, WeMakePrice announced it would start offering a full refund to customer...
AMAZON TO EXPAND ONLINE GROCERY SERVICE IN UK
HIGHLIGHTS
- Amazon wants to capitalize on rising grocery demand following COVID-19 lockdown restrictions.
- Amazon Fresh will be competing with many delivery services offered by supermarkets that have established shopper loyalty.
Amazon...
HERE’S HOW YOU CAN SAFELY BUY AND UNPACK GROCERIES WHILE FIGHTING COVID-19
Highlights:
- Buying grocery is a biggest challenge amid pandemic.
- One needs to be really careful while buying grocery and also while unpacking food items a...
HOW TO HANDLE GROCERY DURING COVID ERA?
Highlights:
- Buying grocery has become a challenge during COVID-19 era.
- One is required to take a lot of precautions as there are high chances of getting the infection while you are out for shopping or while handling grocery items.
- It ...
COVID-19: OSAKA MAYOR SAYS MEN SHOULD GROCERY SHOP AS WOMEN TAKE EXTRA TIME
One of the statement given by the Mayor of Osaka, Japan has sparked a controversy. Recently he had stated that in the times of coronavirus pandemic, men should go for grocery shopping because women take too long which results in overcrowding at supermarkets. Courtesy of this statement, he is faci...
MAN CHARGED $11,552 FOR A $90 BILL IN A MARIANOS IN CHICAGO
Highlights:
- A south Loop Mariano charges a $11, 552 on his $90 grocery bill
- Mariano will refund the money and has left the man $250 till the refunds occur.
A Chicago man Nick Blanusha was n for a shock after he paid for the grocery and found hi...
ONLINE GROCERY PURCHASE IS NOW POSSIBLE IN FLORIDA
Highlights
• Around 3 million people in Florida participate in SNAP
• The Florida Department of Agriculture and Consumer Services are collaborating with the Department of Children and Families for implementation of Pandemic EBT program
The U.S. Department o...
AMAZON’S GO ALL SET TO DELIVER A FOOD REVOLUTION SOON
Highlights:
- With the launch of its first, extensive, and cashier-less grocery store- Amazon is ready to bring mass personalization to the current food system.
Amazon has opened its first cashier-less supermarket in Seattle, nam...
MARKS AND SPENCER PLANS TO REDUCE PLASTIC PACKAGING
HIGHLIGHTS
- UK shops are accountable for 58 billion pieces of plastic a year.
- The primary trial offered 44 plastic packaging-free products.
- It has committed to announcing additional lines of loose food and other substitutes to plastic across...
Potential shift in the sale of 3.2 per cent beer to the state's alcohol laws
MINNEAPOLIS (WCCO) — Grabbing booze at a liquor store on a Sunday is a luxury Minnesotans gladly embraced for over two years.
But for liquor store owners like Dan Campo this is different feeling. He runs liquors in South Lyndale.
"We have not had enough sales to jus...
Top rated U.S grocery store is H-E-B retail company
According to data science firm dunnhumby report on its Retailer Preference Index.
H-E-B retail company surpassed Trader Joe’s from number one spot, which it had held for the past two years. The loyal customers of H-E-B retail company travel across the state to shop at its sto...
Technology now has taken over Grocery Healthcare & Wellness
Seemingly every conversation about food centers on nutrition. Many people want to eat better. Some have a certain taste or ingredient preferences. Others are following specific diets. More than 90% of Americans sometimes or always seek healthier food options, but less than a third say that superm...
Autonomous Grocery Delivery- The driverless groceries delivery initiative
Autonomous Grocery Delivery is an innovative concept that delivers groceries at your doorstep with the help of automated self-driving vehicles. Kroger, a leading retailing company in the United States was the first to come up with this unique concept.
We might have added a bit of conven...
Stores no longer the primary sales source
The first thought cames to our minds as we thought it was an aisle of the grocery store or a supermarket that we all know and visit regularly and is currently the primary source of obtaining the consumer goods that we use. But this is changing as the technology is advancing and the world is becom...