Income tracker, spending boost by UK consumers hints to more positive signs for retailers
According to the latest Income Tracker from retailer Asda, consumers in the UK saw an increase in spending power over the four weeks ending in 2023, a positive sign heading through the beginning of the new year. In fact, the latest figures from December are the best they’ve been since September 2021, when the COVID-19 […]
Asda squares off against both Aldi and Lidl in price-matching scheme that includes 287 new items
In an effort to stave off gains being made by deep discounters Aldi and Lidl in the UK, Asda has promised it will be matching prices from both competitors this year. Asda, which currently sits comfortably ahead of the two in market share according to Kantar Worldpanel data – 13.6% to Aldi’s 9.3% and Lidl’s […]
Potatoes and onions can still be stars of your produce section with proper merchandising
Potatoes and onions provide a constant opportunity for cross-merchandising and upselling. Their presentation can be flexible, allowing retailers to tailor approaches to, and drive sales in, the often-conjoined categories on a local, and even store-by-store, basis. Just how to merchandise and promote the two separate, but not-to-be-casually-separated, categories can be accomplished in many ways. Retailers […]
Cheap veg tops Asda’s list of food trends that will shape the next year
Inexpensive vegetables are expected to become more popular over the next year, according to the newly revealed 2023/24 Food Trends guide released by supermarket Asda. These ‘Everyday Heroes’, led by the surge in interest and demand for potatoes, are one of “seven megatrends” and 120 foods to watch that will shape food and drink development. […]
What place does artificial intelligence have in fresh produce? It’s simply, the future.
For all the excitement about ChatGPT, it requires significant effort for companies to harness the power of artificial intelligence and related technologies, such as machine learning. However, doing so isn’t just advantageous, it’s crucial — because any company that doesn’t keep pace with developments is going to watch as its competitors master it. Walmart is […]
Global Trade Symposium: Building an efficient, affordable future in produce
The New York Produce Show and Conference kicked off with the annual pre-show Global Trade Conference, Dec. 5. In his opening remarks, moderator Gustavo Yentzen, chief executive, The Yentzen Group, laid the day’s foundation. “We have come to learn, share, increase our understanding, provide information, address mutual challenges and opportunities, and hopefully leave in a much […]
Place, Purpose and People: Regional Specialties and Global Supply
I have been paid to cook food for others for more than 45 years. Because of this vocation, I am often asked, “What was your favorite meal?” “Where is your favorite restaurant?” “What’s your favorite food?” I rephrase the question and respond with my most memorable meals — like the lovely dinner I had on […]
Chef demonstrations at New York Produce Show encourage creativity with fruits, vegetables
Chefs play a major role in encouraging the consumption of fresh produce. The New York Produce Show’s Chef Demo Stage spotlighted three well-known chefs who are developing produce-forward menus. The New York Produce Show was held Dec. 6, at the Jacob Javits Convention Center. The 14th annual New York Produce Show and Conference (NYPS) opened Dec. […]
