The Amazon-Whole Foods deal is turning out to be good for delivery startups
Target’s announcement today that it will pay $550 million for delivery platform Shipt is another sign that grocery delivery startups, which many assumed would take a blow from the Whole Foods-Amazon deal, may actually be benefiting from it. Shipt says it’s seen a 60 percent boost in orders since June, and Instacart has deepened its relationship with Albertsons, Costco and Kroger. Read more at Bloomberg…
Thriving French organic food market needs domestic supply boost-study
Organic food sales in France have grown 14 percent this years and are expected to continue growing 10 to 15 percent each year for the foreseeable future, according to estimates by credit insurer Coface. Domestic production, however, isn’t growing as fast, which led to a rise in organic food imports last year. France is the third-largest market for organic food, behind the U.S. and Germany. Read more at Reuters…
Campbell’s finalizes $700M deal for Pacific Foods
In September, Campbell said that a lawsuit brought against Pacific by a former shareholder stood in the way of the $700 deal, but now the soup maker has confirmed the closing of the deal. Campbell says it expects Pacific Foods, maker of broths and beverages, to contribute about $100 million in sales next year. Read more at ROI…
Unilever is launching a new ‘natural’ line of shampoo and soaps to attract millennials
In an increasingly segmented marketplace, the CPG company leverages big data to guide its new product development. The company’s latest personal care brand launched in the U.S. this week with the name Love Beauty and Planet. The line of shampoos, conditioners and body washes target natural-oriented millennials looking for products from brands with purpose. The products are made with oils and extracts and are free from parabens. They’re packaged in recycled, recyclable plastic. Read more at Fortune…
FDA drops committee on food safety, nutrition
The FDA’s has disbanded its Food Advisory Committee, which advises the agency on issues of food safety, nutrition and other issues, after the committee has been inactive for nearly two years, the agency said in a press release. Instead it will turn to the FDA Science Board and other agency groups for advice. Read more at The Packer…
