Consumers put sustainability first, with retailers lagging behind
By Greg Petro, CEO, First Insight Are consumers and retailers on the same page when it comes to sustainable shopping? A recent report indicates that the answer to this question is no. First Insight and the Baker Retailing Center at the Wharton School of the University of Pennsylvania surveyed consumers and senior retail executives to compare […]
British consumers prefer one discount chain over other supermarkets, but GenX and Boomers have different opinion
Discount retailer Aldi was selected as the No. 1 supermarket of choice by British consumers in the first quarter of 2022, according to the latest polling done by Yougov, but not all age groups share that opinion. Though Aldi was most popular among Millennials, who also selected Lidl as their No. 2 go-to grocery option, […]
Why Fyffes expects its new €260 million banana center to be a game-changer
A new €260-million banana ripening center in Balbriggan, North County Dublin, Ireland, has begun operations, according to senior officials at multinational Fyffes. The facility expects to be able to output 7 million bananas per week – nearly 60,000 tonnes annually – that will serve retailers, wholesalers and other food providers across the entirety of the […]
Tesco sees profits jump, but inflation likely will slow momentum in 2022-23
Though inflation is soaring and the next year promises significant uncertainty, Tesco at least for now can report a rise in profits to more than £2.6 billion from the year ending Feb. 28. The retailer’s leaders warned of a potential dip next year, though they are projecting between £2.4bn and £2.6bn in profits – depending […]
Global Cherry Summit kicks off next week in Chile
The cherry industry has been facing various challenges in recent seasons. From 2020, when cherry growers around the world were seriously affected by the outbreak of COVID, to the most recent Southern Hemisphere season, which ended with enormous delays and challenges in national and international logistics that have impacted the exports in general. This is […]
Kantar leader: The Channels we shop in have changed significantly
The supermarket and grocery sector in the United Kingdom has seen tremendous activity over the past several years, from the exit of Walmart from its ASDA partnership, to the growth of the deep discounters on the one hand and home delivery of groceries, including produce, on the other. At the same time, consumers have been […]
Freshfel’s Philippe Binard discusses opportunities and obstacles to raise produce consumption in Europe
Prior to the London Produce Show and Conference this year, we wanted to update our readers to some of the priorities Freshfel is emphasizing. We asked Pundit Investigator and Special Projects Editor, Mira Slott, to find out more: Q: The industry has shown its diversified resilience, fortitude and flexibility to adapt and reinvent itself. Still, […]
London Produce Show: Kantar Insights Director Explains How The Channels We Shop Have Changed Significantly
The supermarket and grocery sector in the United Kingdom has seen tremendous activity over the past several years, from the exit of Walmart from its ASDA partnership, to the growth of the deep discounters on the one hand and home delivery of groceries, including produce, on the other. At the same time, consumers have been […]