Lessons learned: Can US consumer trends offer insight into how to grow sales of fresh produce worldwide?
Inflation hit consumers hard in 2022, with year-over-year prices across total food and beverages growing a sky-high 12.5% by end of year. But, when it comes to produce, consumers have not responded based on price-impact alone. Shoppers are undoubtedly being more price-conscious in their food purchase habits, but convenience and quality remain key factors driving […]
Aldi closing fast on 1,000 stores in UK with five new openings in June
Aldi has said it would spend north of £400 million to open new supermarkets across the UK this year alone. In the coming weeks, it will add five more. The discount retailer, continuing its development drive through all areas of the nation, said it will cut the ribbon at a handful of new stores during […]
Agroberries seizes minority stake in part of BerryWorld’s businesses
Production and marketing firm Agroberries has acquired a minority stake in BerryWorld’s Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) businesses. The transaction will provide BerryWorld, a leading global marketer of berries and fresh-cut fruit, with a solid foundation for growth with a diversified global footprint spanning the entire value chain. Agroberries has a portfolio […]
Mission Produce ‘quickly advancing’ avocado ripening in the UK
Mission Produce, Inc., a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, announced the advancement of its ripening process in the UK with AVOS Mini. This is a non-destructive ripeness control tool and innovative smart device that measures avocado ripeness and provides quality management insights. The […]
GreenTech Amsterdam offers glimpse at future of food and flower production
GreenTech Amsterdam kicks off next week with a focus on food security, cutting down on energy usage, public health and “the birth of a fresh food ecosystem.” The event is bringing horticulture professionals together for three days of learning and networking (13th-15th June) at the RAI Amsterdam Convention Centre. There, they will be able to […]
UK supermarkets enjoy great month, helped by Coronation and holiday
Sparked by the Coronation and bank holiday weekend, British supermarkets saw a 12.3% boost in total till sales during the four weeks leading up to 20 May. That figure bettered sales from the previous reporting month by 2.6%, according to data from NIQ, formerly Nielsen. Own-label sales were the biggest driver, rising more than 14% […]
Consumer spending power increases, but Asda tracker shows cost concerns still high
Although spending power has increased and inflation decreased, new insight from Asda shows that shoppers are still struggling with affordability. The rising cost of food and other items actually means that the amount customers can spend per week fell by £3 from March to August. That data point offsets somewhat upbeat news and is among […]
Innovative startups that promote sustainability can now make initial pitches for Tesco Agri T-Jam
Agtech startups that utilise environmentally friendly practises are being asked to submit applications to showcase those efforts at this year’s Tesco Agri T-Jam competition. The supermarket chain and Leading Edge Only are accepting entries until 30th June. The chosen finalists will be invited to a pitch day in September. The winner from that group will […]
