Top Grocery Retailer and Food Supply Chain News Nov 16-30
By iFoodDS Team
November 30, 2021
Here is our bi-weekly roundup of the latest grocery retail and food industry news. In the weeks of November 16-30, new research identified attributes consumers value and drivers for purchasing produce, and it also revealed that some consumers don’t have a clear understanding of sustainability. Fresh Del Monte opened a new fresh-cut facility and US Foods named a new CEO.
Why Consumers Prefer Frozen Vegetables
A study conducted by Lakeside Foods revealed that vegetable type, price, packaging size and brand are the main purchase drivers for consumers when decide to buy frozen or canned vegetables.
Consumers Don’t Have a Clear Understanding of Sustainability
Morning Consult surveyed more than 2,000 consumers in the United States about their sustainability expectations. 25% said they aren’t clear on what makes a product in the food category sustainable.
Grocery Retailers Plan to Increase Digital Spend
The State of Digital Grocery Performance Scorecard for October 2022 revealed that grocery retailers will invest in these 3 areas in 2023: fulfillment efficiencies, digital basket size nurturing, and inventory data accuracy and transparency.
Fresh Del Monte’s New Facility in Qatar
To fulfill demand from sporting events, Fresh Del Monte opened a new fresh-cut facility in Doha, Qatar, through a partnership with Doha National Food Industries W.L.L
US Foods Names New CEO
US Foods announced that starting January 5, 2023, Dave Flitman will become the company’s new CEO and will also be a member of the US Foods Board of Directors.
Consumers Value Transparency and Socially Responsible Brands
A study called “Consumer Attitudes Toward Fresh Produce and Socially Responsible Purchasing” identified behavioral changes and drivers in consumers amidst inflation and the pandemic. The findings show that consumers value transparency and buying from socially responsible brands as much as they value price and quality.
