Grocery stores draw millennials with in-store restaurants
Sit-down restaurants are one way that brick-and-mortar grocers are hoping to create an extraordinary shopping experience, bring foot traffic into their stores and fight online grocery sales. Hy-Vee, for example, has added 115 Market Grille restaurants to its stores across the country. Today, many grocerants feature seasonal menus and hire top-notch chefs. As many traditional restaurant chains slump, will we see more of them turning to grocery stores as potential partners? Read more at NPR…
Organic ranchers eye Amazon distribution ahead of Whole Foods deal
Amazon reportedly met last week with U.S. ranchers who sell at Whole Foods Market as it seeks to expand distribution of organic and grass-fed meats. "It suggests that this niche in the market is becoming mainstream enough that they feel their delivery system might have traction with it,” said White Oak owner Will Harris. Sales of organic meat and poultry jumped 17 percent last year, according to Organic Trade Association data. Read more at Reuters…
New York City continues to lead on food waste recycling
Two laws passed in 2013 have set the stage for efforts to cut food waste in New York City that include a curbside organics collection pilot that serves 2 million people and diversion requirements for businesses. Read more at NRDC…
The world’s biggest food companies are in crisis mode
More bad news for Big Food as several top players reported weak quarterly earnings last week. Read more at The Street…
Oreo maker Mondelez’s new CEO could make more than $55M in his first year
Following the departure of CEO Irene Rosenfeld in November, Dirk Van de Put will take over the top spot at Mondelez. Van de Put is currently the CEO of McCain Foods, a frozen potato company in Canada. Read more at Chicago Tribune…
