Top Grocery Retailer and Food Supply Chain News Nov 1 – 15
By iFoodDS Team
November 15, 2022
Here is our bi-weekly roundup of the latest grocery retail and food industry news. In the weeks of November 1 – 15, the FDA submitted FSMA Rule 204 to the Office of Federal Register and the rule was finalized, Ahold Delhaize announced strong sales at the end of Q3, and new reports identified foodservice trends and consumer shopping behavior to watch for over Thanksgiving and into 2023.
FDA Submitted Final FSMA Rule 204
The FDA posted the final version of FSMA Rule 204 today after submitting the rule to the Office of the Federal Register, meeting the November 7 deadline. While the essence of the rule remained unchanged, several adjustments and points of clarification were made, including the new compliance date of January 20, 2026.
Western Growers Appoints New Board of Directors
Western Growers Annual Meeting marked the beginning of the two-year period the association’s new board of directors will serve for.
Ahold Delhaize Closes Q3 Strongly
Ahold Delhaize released its performance report for Q3. Food Lion is the best-performing banner in the US and Stop & Shop’s performance improved due to remodeling efforts and other investments in the company to increase sales.
FMI Released its “Power of Foodservice at Retail 2022” Report
According to the latest report by FMI, “Power of Foodservice at Retail 2022”, 25% of shoppers are buying more grocery foodservice items than the previous year. Retailers can take this as an opportunity to communicate benefits, nutrition and value to consumers.
5 Thanksgiving Consumer Trends
According to IRI’s Thanksgiving Tracker 2022, this year’s Thanksgiving trends show shoppers are shopping earlier this year and are willing to pay more.
Agribusiness Companies Announce Global Sustainability Plan
A group of agribusiness companies launched a plan to promote sustainable farming worldwide. The initiative is being supported by major global companies like Bayer, Mars, McCain Foods, McDonald’s, Mondelez, and PepsiCo.
2023 Trends for Foodservice Industry
Technomic released its White Paper “What We Foresee for 2023,” which identified possible trends to watch out for in the foodservice industry in the coming year. Some of the trends listed are menus highlighting comforting, high-margin grain products and ongoing inflation.
