Retail
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Featured Retail Content
Target Plans Store Expansion, Prototypes ‘Food-Forward’ Concept
Target plans to open 300 new stores by 2035 as it unveils its first “food-forward” prototype in North Carolina.
Target Removing Artificial Dyes From Cereal Assortment
Target announced today that it will only sell cereals made without certified synthetic colors beginning in May. The retailer said it has worked closely with both national brand and its owned brand partners to reformulate products.
Fresh Thyme Relaunches Private Label With BFY Focus
Midwest natural retailer Fresh Thyme Market today announced the relaunch of its Own Brands private label lineup with new “trend-forward products” and updated packaging.
Additional Content
FreshDirect Raises $189 Million To Expand Reach
Today, grocery delivery service FreshDirect announced it had closed a $189 million round led by J.P. Morgan Asset Management on behalf of its PEG Digital Growth Fund II L.P. Also investing in the round was second-time investor W Capital and AARP’s Innovation Fund.
WFM Quarterly Earnings Call Reveals New Changes For Brands
Last week, Whole Foods Market held its 3rd quarter earnings call, and with it laid out a slew of new information as to how brands will be able to potentially work with the retailer going forward. A common theme throughout the call was shifting from regional efforts to more global, streamlined processes. While the company said some of the options are still in the testing (or even conceptual phase) it seems the future holds some changes.
Apollo Global Management to Acquire The Fresh Market for $1.36 Billion
The deal was unanimously approved by the company’s board of directors, with the exception of The Fresh Market founder and chairman Ray Berry, who recused himself from negotiations pertaining to the deal.
RangeMe Sees Success as Tinder for CPG
RangeMe, an online platform that connects CPG producers with retail buyers, has expanded to the U.S. The site has seen recent success signing up major retailers (such as Target and Jet.com) and suppliers have followed.
NOSH Voices: Do Holiday Shoppers Prefer Brick & Mortar Grocers?
Guest author Scott Sanders examines holiday shopping trends and if there is an intersection between holiday meal shopping and online buying.
Whole Foods Promotes Don Clark to Global VP of Purchasing, Makes Announcements
Whole Foods Market announced several key items that will impact producers of products sold in their eponymous stores as well as its new retail chain of 365 by Whole Foods Market locations.
For Dollar Stores Food Makes Cents
Dollar store chains, including 99 Cents Only Stores, Dollar Tree and Dollar General, are changing their models and merchandising in order to capitalize on consumers’ desire for fresh, healthy foods that are also affordable.
Kings Food Markets Unveils Its Own Line: Heavy Focus on Organic & Specialty
Kings Food Markets (Kings) is excited to unveil its own line of gourmet foods and everyday favorites at an outstanding value. The current offerings focus heavily on organic, healthy and specialty products.