Christine LaFave Grace

Editor

Articles by
Christine LaFave Grace

Page 32
Retailers

For Walmart, Happier Days Are Here Again

"My optimism is higher than it was at the beginning of the year," CEO Doug McMillon says as the company touts grocery gains and improved capacity, and lifts its fiscal 2022 guidance.

Retailers

Happy Hour Ahead: Target Adds Adult Beverages for Pickup/Drive Up

Target says that in pilots in Florida, California and South Dakota last year, it saw more than 450% digital growth in the adult beverage category.

Some grocery retailers are dropping mask requirements for individuals fully vaccinated against COVID-19. Others are leaving them in place for the time being. Here's a look at who has said what so far.

Meijer CEO Rick Keyes touted the success of the chain's Shop & Scan technology in promising a state-of-the-art, one-stop shopping experience.

Prices for fresh meat, by contrast, were up 5.1% year over year in the latest survey from Chicago-based market researcher IRI.

Producer prices for beef, pork and chicken as well as animal feed are up by double-digit percentages year over year, amid what the Consumer Brands Association calls a "perfect storm" of rising costs.

With more U.S. consumers getting vaccinated and venturing out to more fully reopened restaurants, grocery stores' price increases slowed in April.

ELM Foods is looking to an AI-enhanced, recipe-driven approach—and a plant-based focus—to stand out in an increasingly crowded grocery delivery marketplace.

Higher costs for logistics and raw materials, as well as a challenging labor environment, create major headwinds for the second half of the fiscal year, the company says.

"Guest demand for plant-based options is higher than ever," Target says in debuting a plant-based expansion of its Good & Gather grocery brand.

The retailer announced that it increased diverse supplier spend 21% in 2020 and is debuting a guide meant to help small businesses pitch to and secure partnerships with retailers.

The retailer launched an interactive, food-focused activity series for kids in partnership with Netflix and Michelle Obama's new "Waffles + Mochi" series.

  • Page 32