September 7th: What's new in the industry this week?

September 7th: What's new in the industry this week?

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发布日期: 2023年9月15日
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Featured Trend

What’s trending in the Pet department?

? The Pet industry has been hit hard by inflation with the average retail price of pet products increasing by double-digit percentages across all channels.

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??♀? However, pet parents are still spending money on products that they believe are the best for their pets

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?? Functional ingredients are driving purchase decisions with products containing hemp seeds & its derivatives seeing a 37.1% increase in year-over-year sales

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To learn more about what’s trending in Pet, watch our latest on-demand webinar: 2023 Mid Year Trends: Pet


In the meantime, here’s what we’re reading:

Latest Webinars


  1. 2023 Mid Year Trends: Meat & Dairy
  2. 2023 Mid Year Trends: Center Store
  3. 2023 Mid Year Trends: Beverages
  4. 2023 Mid Year Trends: Plant-Based
  5. 2023 Mid Year Trends: Industry & Retail Trends
  6. 2023 Mid Year Trends: VMS
  7. 2023 Mid Year Trends: Pet
  8. SuperZoo 2023 Pre-Show Webinar
  9. The State of Natural Beauty with Thrive Market and EWG – SPINS
  10. How to Nail Your Innovation Strategy – SPINS


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General Industry News

Lowes Foods acquires Foothills IGA Market in Georgia

The Lies In Your Grocery Store

How Food Lion’s walk-in produce coolers help differentiate the chain

Giant Food to start receipt checks at DC store as it battles ‘unsustainable levels of product theft’

SpartanNash expanding use of AI tool to streamline inventory, reduce waste

Target offers more details on its ‘secret sauce’ delivery strategy

Southeastern Grocers looking for local and diverse suppliers

Ahold Delhaize USA names senior vice president of retail media

Kroger, Albertsons may sell off stores to C&S Wholesale Grocers in anticipation of merger deal

Walmart makes surprise move Kroger, Costco, and Target can't copy



Snack & Beverages

Snacking

TreeHouse to sell snack bars business, plant to John B. Sanfilippo for $63M

SkinnyDipped closes $12 million Series A round

Mondelez CEO worries how much higher prices can go before consumers say ‘no’



Beverages

From a regional soda to a national brand: How Sprecher is taking on Coca-Cola and PepsiCo

Canada puts caffeinated drinks in the crosshairs

Nestlé’s Nespresso thriving as innovation stokes demand

Juni sparkling tea blends cultures, benefits for body & mind from adaptogens, nootropics

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Center of Store

Main Center Aisles

Campbell Soup Co. will not ‘chase volume … to the bottom’ with promotions, preferring to wait out ‘transitory’ factors temporarily dampening sales, share

A Betty Crocker-meets-Ben & Jerry’s concept in the baking aisle

McCormick executives fired up about heat

Oscar Mayer unveils convenient breakfast options


Baked Goods and Bread

English muffin maker among brands picked for BeyondSKU accelerator

Balancing protein challenges when formulating baked goods

Target launches biscuits and bars for infants



Frozen

DiGiorno’s latest pizza pairs pineapple and pickles

Snow Days collab brings pepperoni pizza bites to market

Deep Indian Kitchen seeks mainstream approval


Plant, Protein & Dairy

Protein

Tyson Foods Couldn’t Produce Enough Chicken. Now It Has Too Much.

Pork Industry Grapples With Whiplash of Shifting Regulations

Hormel lowers outlook amid challenging pork and turkey backdrop

USDA invests $266 million to help producers lower energy costs

Behind the Tindle Foods rebrand and new product launch

Alt-protein company Eat Just secures new financing

Plant-based sales in food service surge, rebuffing broader slowdown in category



Cheese and Other Dairy

How Has Three Trees Bootstrapped Through The Alt-Milk Biz?

Cashing In On Beef On Dairy? Ag Economists Think It'll Now Be At Least 1 Year Before Cattle Herd Starts to Rebuild

Sargento sees snacking as growth opportunity



Non-Food

Vitamins & Supplements

Gummy supplements: So much innovation is yet to come, one expert writes

Cognitive health nutrition: a niche market set to thrive in the mainstream

FDA delays substantive response to NMN petition

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Personal Care

Derm-Founded Brand Doctor Rogers Restore Becomes Doctor Rogers Skin Care, Unveils Elevated Redesign

RevAir, the ‘Reverse Air’ Hair Dryer Brand, Is Betting on Hair Care Products Next

L‘Occitane Boss Decides Against Take-Private Deal

Socialist sunscreen: AOC’s sunblock regulation critique opens debate, FDA welcomes ingredients conditionally


Pet

Mid American Pet Food recalls one lot for Salmonella

Established, big-spending pet food buyers grew US market

Cargill begins new chapter in pet food in Latin America

Chicken heart, liver hydrolysate beat meal in dog food

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