By Doug Baker, FMI Vice President, Industry Relations - Private Brands, Technology A year and a half ago, we thought we had the future of food retail figured out. After the Food Marketing Institute and Nielsen completed a research project, we predicted that it would be 10 years before U.S. consumers would be spending $100 billion annually online on grocery items. We did not expect 2017 to be quite the year of disruption it was and we had to move that timeline up. We now expect 70 percent of all U.S. consumers to be making regular purchases of consumer packaged goods online in the next five to seven years. By 2022 - just four years from now – we project consumers will be spending $100 billion on online groceries. That is the equivalent of every U.S. household spending $850 online for food and groceries. Are you and your company ready for that? The Digital Readiness Assessment created by Nielsen and FMI indicates many are not. Take the quick assessment yourself and see where your … [Read more...] about Find the Next Innovation in Food Retail at Groceryshop
Jonathan Ellis Sioux Falls Argus Leader Published 8:16 p.m. UTC Aug 8, 2018 On a day in which the nation was on the verge of seeing where tens of billions of dollars in taxpayer money is spent in the federal food stamp program, an industry group that represents food retailers made a last-minute plea to the U.S. Supreme Court on Tuesday to stop the information from being made public. The request from the Food Marketing Institute to Justice Neil Gorsuch came on the same day that the 8th Circuit Court of appeals denied FMI’s request to stop the release of data that would show how much money taxpayers pay to each grocer and gas station that participates in the Supplemental Nutrition Assistance Program. The 8th Circuit had previously ruled that the sales figures were public information in a Freedom of Information Act lawsuit filed by the Argus Leader, and FMI had asked for a delay in their release while it appealed to the U.S. Supreme Court. But to get a delay, FMI needed to … [Read more...] about Food retailers ask U.S. Supreme Court to intervene in Argus Leader lawsuit
By: Allison Febrey, Assistant, Health and Wellness/Food Safety, Food Marketing Institute National Family Meals Month™ (NFMM), encouraging consumers to share one more meal together at home each week. While the family meals movement started in the food retail industry, community groups have now taken up championing the family meals mitt. Over 75 community collaborators support NFMM and more organizations join each day. Trusted Allies Many consumers see both their grocery store and their community organizations as allies in supporting their health and wellness (Trends 2017). With multiple trusted sources promoting family meals at home, the message of its benefits provides surround sound for consumers. In fact, some food retailers and community organizations partnered during NFMM to help families achieve more shared meals. A Partnership To Feed Families For the past two years, Hy-Vee, Inc. worked with … [Read more...] about The Food Retail Industry And Community Organizations Want More of What?
The legendary golfer is poised to help define the “unattended retail experience” for the next generation SAN DIEGO, CA. , June 20, 2018 (GLOBE NEWSWIRE) -- Generation NEXT Franchise Brands, Inc. (OTCBB: VEND) announced today that its flagship subsidiary, Reis & Irvy’s, has inked a deal with five-time major championship golfer and World Golf Hall of Famer, Phil Mickelson, and his career-long business manager and business partner, Steve Loy, for 30 new Reis & Irvy’s locations to be installed throughout San Diego County (where Phil is a native and resides with his family). Reis & Irvy’s-branded signature robot characters of the same name can dispense servings of frozen yogurt, ice cream, gelatos and sorbet topped with a selection of six delicious toppings in under 60 seconds. With self-checkout touch screen ordering and payment options, video animation, music and delicious frozen dessert provided exclusively by Dannon, robot vendors meet … [Read more...] about Five -Time Major Golf Champion Phil Mickelson and Agent Steve Loy Join Forces With Robotic Tech Leader Reis & Irvy’s to Disrupt Food Retail
VAN NUYS, Calif., May 07, 2018 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it has secured a nine-year Factory Protection Plan (FPP) service contract at a new 650,000 square foot state-of-the-art warehouse and shipping center for a leading food retailer in the New York area. /EIN News/ -- RSP Systems, Capstone’s exclusive distributor for the Connecticut and the New York metropolitan area, secured the nine-year FPP aftermarket service agreement at the major food retailer’s new warehouse and shipping center located in the Bronx. The C1000 Signature Series microturbine is installed using five Capstone integrated hot water heat recovery (HRM) modules. The natural gas-fueled microturbine is installed in a combined heat and power (CHP) configuration and operates in parallel with the main electrical distribution system to … [Read more...] about Capstone Secures Nine-Year FPP Service Contract for a C1000S at a High-Tech Distribution Center of a Leading New York Food Retailer