Amazon is opening its first Amazon Go store, in downtown Seattle, to the public today. Customers avoid a checkout line by using an app to enter, shop and pay at the 1,800-square-foot store, which sells typical convenience store fare and high-end fresh foods.
Cargill's recent purchase of animal nutrition firm Diamond V is among the company's five biggest acquisitions of all time, said Cargill CEO David MacLennan. "We're always in acquisition mode; there's never a year in Cargill in which we don't have an acquisition, whether a feed mill in Thailand or Diamond V," he said.
Woodman's Dairy and other UK-based milk-delivery companies have noted large increases in demand due to consumers' interest in reducing plastic usage. Home deliveries of glass-bottled milk in the UK have risen from an estimated 800,000 per day two years ago to about 1 million per day today, according to Dairy UK.
Dean Foods' TruMoo chocolate milk brand has teamed with One Warm Coat to help provide coats to people in need. Through Feb. 28, TruMoo will provide coats for two people for each photo of a person enjoying a warm mug of its chocolate milk shared with the hashtag #WarmUpWithTruMoo.
Cutting-edge technology strategies in the food and beverage space were on display at the National Retail Federation's Big Show last week, including Treasury Wine Estates' digital sales program. Stonewall Kitchen's use of artificial intelligence to boost sales and Total Wine & More's use of in-store video and digital signage were also featured.
The makers of Liquid Death water spent just $600 on paid media for the brand's recent Facebook video, but the spot still garnered 1.2 million views in under two months. "We designed our spot for the internet, where there are very few rules," said founder Mike Cessario.
Arctic Zero is launching an ice cream line with 280-360 calories per pint but containing no sugar alcohols, instead using cane sugar as a sweetener. The seven-flavor line achieves its low-calorie profile by using skim milk and cream as its base.
Consumers are growing increasingly interested in regional Hispanic snacks such as chilaquiles, churros and aguas frescas, according to a new report from J.M. Smucker and Technomic. Of particular interest to consumers are snacks' portability, familiarity and authentic ingredients, the report said.
Runa is planning to lean more heavily on its energy drink line to spur grow while it undertakes an internal review of its ready-to-drink tea line, said CEO Alex Galindez. "We are focusing on things that have worked, on the things that are already showing great growth potential and focus on that, rather than try to be all things to all people," Galindez said.
Botanical flavors, enhancements to cold-brew coffees and health-forward beverage ingredients are among the biggest consumer trends this year, said Agneta Hoffmann of Bell Flavors and Fragrances. "We will see a shift to a more relaxed and health-conscious theme for this year, and the sports drinks and sports nutrition category will be heavily impacted as it has been for the last two years," she said.
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