The U.S. natural and organic products industry is on pace to surpass $300 billion in total industry sales in 2023, despite slower growth and inflation, according to early estimates by Nutrition Business Journal.
Presenting the data at Natural Products Expo West in March, New Hope Network SVP and Market Leader Carlotta Mast said, “This would represent a doubling of industry sales over the last decade. That’s huge. We are a sizeable, impactful, meaningful industry. We’re not a fad anymore. We’re not this niche industry.”
Jason Buechel, the CEO of Whole Foods Market, took part in a fireside chat at the second annual Axios What’s Next Summit, an event that highlights innovators who are shaping the future of work.
In late April, Whole Foods Market laid off hundreds of workers while restructuring the organization with a focus on streamlining regional operations. The chain will decrease its operating regions from nine to six and will further centralize some units within its operations division.
Amazon had a healthy fourth quarter, showing a 13% sales increase year-over-year. With this, Amazon CEO Andy Jassy, sees the benefit to the continued focus and growth of the company’s grocery business which has been in process for almost 20 years.
Contactless shopping and payment solutions are now available at select Whole Foods Market stores in Denver, Colorado, courtesy of Amazon.
Sprouts Farmers Market CEO Jack Sinclair’s remarks at a recent event where he was being honored indicate he is unshaken by the proposed merger of two grocery giants.
Erewhon Natural Markets, the popular organic and natural food store, opened its ninth location in Culver City on March 15th.
As part of our P3 refresh, released on April 10th, 2023, SPINS evaluates the product hierarchy and identified an opportunity to expand attribution coding by introducing 14 NEW attributes.
Whole Foods Market is evaluating the profitability of buying commercial kitchens that would make prepared meals for its food bars and refrigerated cases
“Greenhushing” or “secret sustainability” is when a company decides to keep quiet about their environmental achievements and programs for fear of being labeled Greenwashing among other concerns.
Although the state of inflation in the U.S. seems to be leveling off, dairy remains unaffected. As of January 2023, dairy prices continue to steadily climb.
New Seasons Market has teamed up with the Tillamook County Creamery Association to launch a regenerative agriculture project aimed at revitalizing the land and boosting the health of livestock.
Colorado-based Natural Grocers is expanding its house brand portfolio with new and upcoming offerings across several food categories.
The Emerging Brands Alliance will award one $50,000 Emerging Brands Grant on September 10th, 2023, in Las Vegas.
UNFI announced the elevation of two senior leaders to better align leadership teams and resources to drive its customer-centric strategy and transformation agenda.
UNFI has completed efforts to enhance Overpull deductions, allowing consolidation of deduction invoices and amounts, while providing increased visibility into DC specific activities generating deduction amounts.
UNFI announced the completion of its largest solar array investment to date at its Howell, New Jersey distribution center. The 3.2-megawatt roof mounted solar array is the company’s eighth solar installation and is nearly three times larger than any previous UNFI installation.
Are you ready to take your natural and organic brand to the next level? To start developing strategies to get your natural and organic brands on the shelves of multiple wholesalers and hundreds of retailers, contact us today.
The Kroger Company, America’s largest grocery retailer, currently services 11 million customers daily across their multiple banner names and will grow that number with the opening of their eighth grocery delivery fulfillment center.
San Antonio-based H-E-B Grocery Co. launched its first H-E-B and Central Market Visa credit cards. Both cards offer 5% cash back on H-E-B-brand products and 1.5% on all other purchases at H-E-B, plus unlimited cash back.
Coborn’s has made their first jump into the Illinois market. Coborn’s has entered into an agreement to purchase Sullivan’s Foods.
Following a rigorous national search, Wakefern Food Corp. announced that Mike Stigers will assume the role as President effective June 1st.
President Joe Biden has selected Food Lion President, Meg Ham, to the President’s Council on Sports, Fitness and Nutrition.
The Turnip Truck is ranked as the #1 Best Grocery Store in Nashville by Eat This, Not That.
Executives from Rouses Markets and city officials assembled to commemorate the grand reopening of Rouses Market in the city of Youngsville, in Lafayette Parish, Louisiana.
A new small-format boutique store, called Fig & Favor Market, is now open in Dallas’ Harwood District. The market includes meals on the go, snacks, coffee, and more.
After 51 years serving the great Northwest community, Food Front NW on 2375 NW Thurman Street in Portland, Oregon, closed their doors. The last day of business was Monday April 24th.
New Earth Market in Yuba City was approved as a Blue Zone Project grocery store.
Save the date for Philly 2023!
Start planning now to join us for Natural Products Expo East. The industry event you know and love will be back at the Pennsylvania Convention Center in Philadelphia, Pennsylvania September 20th to September 23rd, 2023!
In the growing trend of retailers banning single-use plastics, Sprouts is next in line to fully eliminate single-use plastic bags by the end of 2023.
In celebration of Earth Month, H-E-B launched new initiatives to further its commitment to reducing waste and recycling more in communities across Texas.
Bashas’ was again selected by FirstFruits to be involved in their “Take a Bite Out of Hunger” program along with Raley’s for 2023.
Staff of Life Natural Foods located in Santa Cruz and Watsonville, California recently partnered with Smart Chicken to donate over four tons of chicken to Watsonville Second Harvest Food Bank.
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