5@5: Walmart nixes Express concept | Hain feels the heat of natural & organic competition

[email protected]: Walmart nixes Express concept | Hain feels the heat of natural & organic competition

Each day at 5 p.m. we collect the five top natural news headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

Why Walmart's small Express store format was such a big failure

It turns out, a company that built its business on using size to keep costs and prices low didn't find much success with going small. All of Walmart's small-format stores and 167 other stores will close this year. The chain still plans to open more than 300 new stores next year, though. Read more at Time...


Hain Celestial hit by growing ranks of rivals for organic foods

Sales and profits for fiscal year 2016 will be lower than previous estimates, Hain executives told investors this week. "Competition has definitely increased," the CEO told TheStreet. Read more at TheStreet...

Mondelez and Denny's both jumping on the cage-free eggs bandwagon

Mondelez International, which owns Oreo, Honey Maid, Triscuit and many other mainstream food brands, says it will transition to only cage-free eggs by 2020 in the U.S. and Canada. Denny's is aiming to transition the 400 million eggs it uses each year by 2026. Read more at Consumerist...


Chipotle to close all restaurants on Feb. 8 for food safety meeting

All of the company's 1,900+ restaurants will participate in a staff food safety meeting following the outbreaks of E. coli, Salmonella and norovirus last year. Read more at CNN...


Soil association launches organic awards

The BOOM Awards will celebrate outstanding quality, innovation and creativity in organic products and retailers. Read more at Specialty Food Magazine...

TAGS: News General
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