Schnucks

Over 70% of Retailers Lose at Least 5% Operating Margin to In-Store Inefficiencies, According to New Study from Coresight Research and Simbe

Retrieved on: 
Wednesday, March 27, 2024
Research, Automation, SpartanNash, Intelligence, SAN, DIY, Schnucks, Retail

Over 70% of respondents lost at least 5% operating margin in each area of out-of-stocks, price and promotion execution, planogram compliance and allocation and assortment planning.

Key Points: 
  • Over 70% of respondents lost at least 5% operating margin in each area of out-of-stocks, price and promotion execution, planogram compliance and allocation and assortment planning.
  • Addressing these issues would drive an additional revenue opportunity for retailers of $127.9 billion in 2024, growing to $143.3 billion in 2027, Coresight Research estimates.
  • Coresight Research will be hosting a webinar on April 9 to present the findings with further takeaways for retailers.
  • Informing the data in this report is an online survey of 150 decision-makers at US-based retailers, conducted by Coresight Research during January 30–31, 2024.

Royal's Ready-to-Heat White Basmati Wins SELF Pantry Awards 2024

Retrieved on: 
Thursday, March 14, 2024
Giant, Oil, Stater Bros., Amazon, Smart & Final, Ageing, Climate, Schnucks, Kroger, WINCO, Walmart, Albertsons, Water, HEB, Snack, Soil, Pinterest, Weis, Meal, Grocery store

CYPRESS, Calif., March 14, 2024 /PRNewswire/ -- Royal®, recognized as the #1 brand of Authentic Basmati and Sona Masoori rice in America, announced that its Ready-to-Heat White Basmati Rice was selected as a winner for this year's SELF Pantry award for its Best Quick Rice category. 

Key Points: 
  • CYPRESS, Calif., March 14, 2024 /PRNewswire/ -- Royal ®, recognized as the #1 brand of Authentic Basmati and Sona Masoori rice in America, announced that its Ready-to-Heat White Basmati Rice was selected as a winner for this year's SELF Pantry award for its Best Quick Rice category.
  • This year's SELF Pantry Awards recognized 74 outstanding products from a selection of more than 530 snacks and shelf-stable foods.
  • Royal's White Basmati Rice is proudly grown in India where the ideal blend of soil, climate and water produces a long aromatic and flavorful grain.
  • Royal's Ready-to-Heat White Basmati Rice offers authentic Indian rice, enabling consumers to create and share the most delicious, authentic, & memorable meals with their families.

FDA Takes Steps to Ensure Safety of Cinnamon Products Sold in the US

Retrieved on: 
Wednesday, March 6, 2024
Apple, FDA, Cadmium, Letter, Food, Risk, Arsenic, Health, Safety, Lead, Schnucks, Infant, Congress, Science, Mercury, Dietary supplement

SILVER SPRING, Md., March 6, 2024 /PRNewswire/ -- The U.S. Food and Drug Administration is taking several additional steps to address concerns about elevated lead levels in cinnamon following the recent incident associated with certain cinnamon apple sauce pouches that resulted in lead poisoning in young children. Today, the agency sent a letter to all cinnamon manufacturers, processors, distributors and facility operators in the U.S., reminding them of the requirement to implement controls to prevent contamination from potential chemical hazards in food, including ground cinnamon products. The agency is also recommending the voluntary recall of certain ground cinnamon products sold by a number of brands at six different retail chains that were found to contain elevated levels of lead.

Key Points: 
  • The products currently recommended for recall contain lead levels ranging from 2.03 to 3.4 parts per million (ppm) lead .
  • Therefore, these ground cinnamon products do not pose the same level of risk to human health as the apple sauce pouches but could be unsafe for prolonged use.
  • "Food growers, manufacturers, importers and retailers share a responsibility for ensuring the safety of the foods that reach store shelves.
  • The FDA and industry share a common goal of ensuring the safety of food, but more can and must be done.

Instacart Expands Online SNAP Acceptance to Reach 96% of SNAP Households Nationwide with Same-day Grocery Delivery

Retrieved on: 
Tuesday, January 30, 2024
Schnucks, Kroger, Gordon Food Service, Share Our Strength, Roundy's, University, USDA, Supplemental Nutrition Assistance Program, EBT, Caregiver, SNAP, QFC, Research

SAN FRANCISCO, Jan. 30, 2024 /PRNewswire/ -- Instacart (NASDAQ: CART), the leading grocery technology company in North America, today announced a series of retail expansions that will allow customers to use Supplemental Nutrition Assistance Program (SNAP) benefits to shop online for groceries for same-day delivery from Food City, Gordon Food Service, Hy-Vee, Schnucks, and additional Kroger banners including Baker's, City Market, Dillons, Fred Meyer, Gerbes, Harris Teeter, King Soopers, Marianos, Metro Market, Pick n' Save, Smith's and QFC. The new retail expansions help make groceries more accessible to more SNAP families, allowing them to save time and maximize their budgets. Instacart now offers online SNAP acceptance from more than 170 retail banners spanning more than 14,000 stores, reaching 96% of SNAP households in the U.S.1

Key Points: 
  • The new retail expansions help make groceries more accessible to more SNAP families, allowing them to save time and maximize their budgets.
  • Instacart now offers online SNAP acceptance from more than 170 retail banners spanning more than 14,000 stores, reaching 96% of SNAP households in the U.S.1
    Research published by No Kid Hungry, the University of Kentucky, and Instacart revealed that online grocery shopping offers significant advantages for low-income households, including SNAP families.
  • To use SNAP benefits to shop from the more than 170 retail banners available on Instacart, customers can simply add their SNAP payment card to their Instacart profile.
  • With Instacart+, households can access free delivery and pickup on orders over $35, 5% credit back on eligible pickup orders, and reduced service fees on every order.

Instacart Unveils Ads on Its AI-Powered Smart Carts

Retrieved on: 
Monday, January 8, 2024
Cream, Sprouts, Dreyer's, Retail, Del Monte Foods, Schnucks, Partnership, Acquisition, Bristol Farms, Fairway Market, Customer, Supermarket, AI, General Mills, ShopRite, Engineering, Price Chopper, Ice cream, Advertising, Growth, The Trade Desk, CPG, ROI, Online shopping

SAN FRANCISCO, Jan. 8, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, today announced it is expanding its advertising solutions to Caper Carts, the company's AI-powered smart carts. Instacart will begin piloting ads on Caper Carts at Good Food Holdings banner stores, bringing personalized and dynamic recommendations into the physical aisles of the grocery store. Ads on Caper Carts will soon give customers more customized recommendations and introduce experiences to help them discover new brands and products. This first-of-its-kind advertising opportunity connects brands and retailers with customers directly in the aisles – who, on average, spend more than 30 minutes shopping in-store with a Caper Cart.

Key Points: 
  • Instacart will begin piloting ads on Caper Carts at Good Food Holdings banner stores, bringing personalized and dynamic recommendations into the physical aisles of the grocery store.
  • Ads on Caper Carts will soon give customers more customized recommendations and introduce experiences to help them discover new brands and products.
  • With Carrot Ads, retail partners are leveraging the best of Instacart Ads, including the company's industry-leading technology, products, engineering, sales talent, and data insights.
  • In addition to customized Instacart ad experiences on app, we can now utilize another touchpoint on the shopper journey through in-store Caper Carts ads.

Simbe Announces 3X Year-Over-Year Growth and Path to Profitability

Retrieved on: 
Thursday, January 4, 2024
Eclipse, Schnucks, SpartanNash, AI, Intelligence, Yoy, Loblaw Companies, SAN

On the heels of a $28 million Series B led by premier venture firm, Eclipse, in July 2023 – secured when only the highest-performing companies attained such funding – Simbe closed the year with a 3X increase in its subscription revenue base.

Key Points: 
  • On the heels of a $28 million Series B led by premier venture firm, Eclipse, in July 2023 – secured when only the highest-performing companies attained such funding – Simbe closed the year with a 3X increase in its subscription revenue base.
  • This 3X year-over-year (YoY) growth rate represents Simbe's path to profitability across multiple chain-wide deployments, multi-year customer renewals, and outsized net-new customer interest.
  • Simbe is well-positioned to continue this momentum into 2024 and beyond, thanks to forthcoming platform developments and differentiated product capabilities introduced this year.
  • In March 2023, Simbe entered the large format club market with new product capabilities specific to the format, deploying Tally chain-wide across BJ’s Wholesale Club locations.

Ron Simon & Associates Files Second Applesauce Lead Poisoning Lawsuit: FDA Suspects Lead Intentionally Added to Cinnamon Ingredient

Retrieved on: 
Tuesday, January 2, 2024
Associate, FDA, Consumer Reports, Variety store, Poisoning, Schnucks, Parent, Lead poisoning, Lead, Gasoline

HOUSTON, Jan. 2, 2024 /PRNewswire/ -- The national food safety law firm of Ron Simon & Associates has filed another lawsuit in the national outbreak of lead poisoning caused by WanaBana applesauce pouches containing cinnamon.

Key Points: 
  • HOUSTON, Jan. 2, 2024 /PRNewswire/ -- The national food safety law firm of Ron Simon & Associates has filed another lawsuit in the national outbreak of lead poisoning caused by WanaBana applesauce pouches containing cinnamon.
  • "It is highly unusual for the FDA to indicate that the poisoning was intentional" says attorney Ron Simon.
  • Mr. Simon and his law firm have established a Lead Poisoning Claim Center to assist victims in the outbreak.
  • The Lead Poisoning Claim Center can be reached toll-free at 1-888-335-4901, or at either https://www.ronsimonassociates.com/ or https://leadfoodpoisoning.com/ .

Yerbaé Partners with Grey Eagle Distributors to Expand Distribution into the State of Missouri

Retrieved on: 
Thursday, November 30, 2023
Food, Beverage, Online Retail, Retail, Department Stores, Convenience Store, Grey Eagle Village Hall, Anheuser-Busch, Multimedia, Drink, Partnership, Energy, Schnucks, Drug

Yerbaé Brands Corp., a plant-based energy beverage company, today announced its strategic partnership with Grey Eagle Distributors.

Key Points: 
  • Yerbaé Brands Corp., a plant-based energy beverage company, today announced its strategic partnership with Grey Eagle Distributors.
  • Grey Eagle is the largest Anheuser-Busch beer distributor in Missouri and one of the largest in the Midwest.
  • Yerbaé and Grey Eagle have reached an agreement in principle and this partnership will mark a significant expansion in Yerbaé’s distribution network.
  • "We are proud to partner with Grey Eagle Distributors to expand our distribution into the State of Missouri," said Seth Smith, Vice President Sales of Yerbaé Plant-Based Energy.

Amazon Leads U.S. Grocery Retailers in Personalization Followed by H-E-B and Kroger, dunnhumby Finds

Retrieved on: 
Tuesday, November 14, 2023
Marketing, Advertising, Supermarket, Communications, Food, Beverage, Retail, Professional Services, Women, Seniors, Digital Marketing, Men, Data Analytics, Family, Content Marketing, Consumer, Supply Chain Management, Online Retail, Discount, Variety, Other Communications, Other Retail, Public Relations, Investor Relations, Organic Food, Wine & Spirits, Giant, Grocery Outlet, Foot, Perception, Meijer, Giant Eagle, Costco, Amazon, Schnucks, The Giant Company, Specialty store, Dunnhumby, Kroger, Assortment, RPI, Multimedia, Aldi, Farmer, CVS, Growth, ShopRite, EDLP, Child, Target, Online shopping, Walgreens, Personalization, Health care, Wegmans

In this inaugural RPI for Leadership in Personalization, dunnhumby found that Amazon stands apart from all other retailers followed by H-E-B in second and Kroger rounding out the top three.

Key Points: 
  • In this inaugural RPI for Leadership in Personalization, dunnhumby found that Amazon stands apart from all other retailers followed by H-E-B in second and Kroger rounding out the top three.
  • “The goal of this report is to help retailers improve personalization as a whole – the way customers define it.
  • The PRPI includes 65 of the largest grocery retailers in the industry that sell everyday food and non-food household.
  • Retailers included in the RPI that are interested in receiving their individual banner profiles can speak with their dunnhumby account executive or contact dunnhumby at: https://www.go.dunnhumby.com/personalization-deep-dives .

FDA Roundup: November 14, 2023

Retrieved on: 
Tuesday, November 14, 2023
Food, Schnucks, Amazon (company), Risk, FDA, Grit, Red, Sensation, News, Public

As of November 13, 2023, there have been 22 reports of illness potentially linked to recalled product submitted to the FDA.

Key Points: 
  • As of November 13, 2023, there have been 22 reports of illness potentially linked to recalled product submitted to the FDA.
  • The FDA is continuing to evaluate incoming adverse reports of illnesses.
  • The FDA's investigation is ongoing to determine the source of lead contamination and whether additional products are linked to illnesses.
  • The FDA will update this advisory as information becomes available.