Asda study shows consumers won’t pay premium prices for sustainable products
What would help drive up purchases of sustainable products? It’s pretty simple: Lower prices. According to new research done by supermarket chain Asda, green labeling and increased product options are not what gets consumers’ attention, but the cost of those items. More than 75% said they would have a more sustainably-focused mindset if prices were […]
How Margin Creep kills the Golden Goose
There is a concern that is being circulated throughout the industry that affects everyone in it and their business: per capita produce consumption is going down. This is not a new phenomenon as consumption has been slipping over the past 20 years. Everyone seemed to recognize that this is not a good thing and is […]
Q&A with Origin Fruit Direct on evolution of EU grape market
As the table grape industry undergoes numerous changes and developments, The Grape Reporter recently spoke to Corne van de Klundert from Origin Fruit Direct to get his view on what the future of the industry looks like, the importance of branding and new origins that will help the category grow. How has the European table […]
Capital markets across Europe show big interest in Greenfood’s sustainability bond
Sweden’s Greenfood AB, a leader in healthy, convenient food from fruits and vegetables to sandwiches, was granted a four-year sustainability bond worth SEK 1,050 million. Greenfood Group says the bond, which is linked to its sustainability targets, drew huge interest from Nordic and European capital investors and became oversubscribed. It had received the highest potential […]
Big Five supermarket CEOs commit to sweeping climate change efforts at COP26 Summit
The five big supermarket chains promised to cut carbon emissions in their operations by 2030 during the United Nations Climate Change Conference (COP26) taking place in Glasgow. Leaders from Co-Op, Marks & Spencer, Sainsbury’s, Tesco and Waitrose all said they would do their part in helping to save the environment by trimming food waste, reducing […]
Sainsbury’s pleased with rise in grocery sales, credits ‘food-first’ initiative
UK retailer Sainsbury’s is holding steady during a challenging time for supermarket chains in the UK, posting profits overall in the half-year period that ended in mid-September. Sainsbury’s grocery sales exceeded expectations by increasing 0.8%, even as general merchandise sales tumbled nearly 6% as supply chain troubles plague the industry. But all numbers look better […]
Waitrose will give electric vans a test run for home delivery starting in 2022
While the United Nations Climate Change Conference (COP26) is ongoing, British supermarket Waitrose announced it will be the first supermarket in the UK to test-run a set of new electric vehicles for delivery in 2022. The retailer says groceries will be driven to customers in the new fleet that includes “cutting-edge wireless technology” from its […]
Aldi’s expansion across the UK will continue through New Year
In a push to bring more convenience to shoppers across the UK and Scotland, Aldi has announced it will open 15 more stores by the end of the year. The discount retail chain, which has increased its reach to 930 supermarkets across the UK, will open new sites in Edinburgh, as well as Orpington and […]
