Retail

Deloitte report: What does the future hold for the food retail sector?

Deloitte report: What does the future hold for the food retail sector?

By Mary Ellen Shoup

The importance of convenience in shopping has accelerated due to the pandemic with more than 50% of consumers spending more on contactless shopping, mobile payment usage, and buy-online-pick-up-in-store options, according to a Deloitte Insights report....

LIVEKINDLY Co. acquires Swedish plant-based meat brand, Oumph!

The LIVEKINDLY co. acquires Swedish plant-based meat brand, Oumph!

By Mary Ellen Shoup

The LIVEKINDLY co., which launched in March with the ambition of becoming one of the largest plant-based food companies, has acquired Swedish plant-based meat brand, Oumph!, known for its soy-based burgers, strips, and pulled meat products.

Picture credit: Gettyimages-Kerkez

WATCH: Navigating the new normal: Grocery shopping trends to watch

By Elaine Watson

From growing interest in immune health to a sharp rise in online grocery shopping, how is COVID-19 impacting consumer behavior? Here are a few things that caught our eye in recent reports from The Hartman Group for FMI, the Food Industry Association*;...

Hormel Foods VP of corporate strategy retires

NEWS IN BRIEF

Hormel Foods VP of corporate strategy retires

By Mary Ellen Shoup

Hormel Foods’ group vice president of corporate strategy, Jim Splinter - who led the acquisition of Justin’s nut butters in 2016 - has retired from the global food company.

GMOs 101: FDA launches GMO consumer education initiative

NEWS IN BRIEF

GMOs 101: FDA launches GMO consumer education initiative

By Mary Ellen Shoup

The FDA, USDA and EPA have launched ‘Feed Your Mind’, a new Agricultural Biotechnology Education and Outreach Initiative that aims to increase consumer awareness and understanding of genetically engineered foods (GMOs).

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