CVS Performance Reflects Tough Channel Environment
CVS Performance Reflects Tough Channel Environment In an increasingly competitive climate, CVS Health Corp. has recently released its mixed financial results for the second quarter, highlighting the challenges faced by drug store chains. Despite reporting a revenue increase of 2.6%,…
Vestar Capital Closes Recapitalization of Roland Foods
Vestar Capital Partners, a prominent U.S. middle-market private-equity firm, has announced the successful recapitalization of Roland Foods LLC, a distinguished provider of premium global ingredients with a rich history in the foodservice industry spanning over 90 years. This strategic move…
UNFI Highlights Winter, Holiday Selling Season Offerings at Show
At the recent 2024 Winter and Holiday Selling Show in Minneapolis, United Natural Foods Inc. (UNFI) showcased an extensive array of innovative products designed to empower food retailers ahead of the holiday season. This year’s event, held from August 5…
GrubMarket Acquires Online Grocer Good Eggs
Tech-enabled food e-commerce company GrubMarket has made headlines with its acquisition of Good Eggs, an online grocer based in Oakland, California. This strategic move enhances GrubMarket’s e-commerce capabilities while aligning with its commitment to sustainability and local sourcing—principles that define…
The Rise of Poultry: How Consumer Demand Is Reshaping the Market
The Rise of Poultry: How Consumer Demand Is Reshaping the Market The poultry market is witnessing a remarkable transformation, characterized by increased product variety, pricing options, and brand differentiation. Driven by consumer preferences for affordability, convenience, and innovation, poultry —…
Casey's Looks to Shake Up Merchandising Mix
Casey’s General Stores Inc. is set to transform the retail landscape with its inaugural Innovation Summit. Targeting over 2,600 convenience locations across 17 states, the event aims to collaborate with innovative food and beverage brands eager to showcase their unique…
PHOTO GALLERY: H-E-B Makes Quick Work of Presence in DFW Metroplex
In an impressive display of growth, H-E-B has opened its second location in Frisco, Texas, just under two years after the inauguration of its first store in the area. This move strengthens the retailer’s foothold in the fast-expanding DFW Metroplex….
Walmart, ALDI Continue Private Label Dominance
In recent times, private label products, commonly known as store brands, have been making significant strides in the grocery sector. According to the latest Private Label Trends Tracker by Numerator, every U.S. household purchased at least one private label grocery…
Meesho onboarded 3 lakh new sellers between Jan – June 2024
In the first half of 2024, Meesho, a Softbank-backed e-commerce firm, successfully onboarded 300,000 new sellers, nearly doubling its seller base from the previous year. This significant growth was highlighted in Meesho’s Smart Shopper Report, showcasing the app’s rapid adoption…
Shopify soars as AI focus powers quarterly beat, bullish forecast
Shopify has reported a robust second-quarter performance, showcasing a 21% increase in revenue, reaching $2.05 billion—exceeding analysts’ expectations of $2.01 billion. This growth can largely be attributed to the company’s strategic focus on artificial intelligence, which increasingly attracts merchants to…
