[email protected]: MOM's Organic Market to open its first 'truly urban' store | GNC in search of a China partner?

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

Mom’s Organic Market opens first downtown Philly store

As it celebrates its 30th anniversary this year, MOM’s Organic Market is gearing up for another important moment. It’s launching its third location outside of the D.C., Virginia and Maryland area—where it has 15 stores—this week. The new store in Philadelphia’s City Center development will be its first “truly urban MOM’s,” founder Scott Nash said. Read more at WTOP…

 

Supplements retailer GNC seeks China partner to aid turnaround: sources

As it fights falling sales and share price, GNC is looking for a partner to help boost distribution and sales in China, according to unnamed Reuters sources. China has been a bright spot for the vitamin retailer, and a number of companies are expected to submit proposals this week, the sources say. Read more at The New York Times…

 

How much do people spend in each sector of the food economy?

Earnest, a financial services company, looked at data from thousands of loan applicants to understand where they’re spending on meals. Based on the transactions they analyzed, they found that 90 percent of “eating in” dollars are still spent at a brick and mortar grocery store, versus food delivery or meal kit services. Consumers average 3.2 physical grocery store visits per month and spend an average of $135 a month there. Read more at Earnest Blog…

 

Grocery prices have been falling. Did you notice?

Beef, eggs and dairy have seen serious price drops over the last 19 months, likely due to a drop in energy and transportation costs and fewer exports to China and other countries. Read more at NPR…

 

Maple may end pumpkin spice’s dominance as fall’s favorite flavor

The number of pumpkin spice products available to buy online jumped 49 percent last year—but sales only grew 21 percent, according to analytics technology company 1010 data. Meanwhile, maple is surging, especially in nonalcoholic beverages. Read more at Market Watch… 

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