The average New York retail rent is down by more than 12% from a year ago, and rents have declined in 12 of the city's top 16 retail corridors, according to a report from CBRE. Lower rents attracted new tenants in the most recent quarter, including 29 food and beverage sellers and 14 apparel retailers.
The equation of what it means to eat well is different for every consumer. For a few it remains a simple calculation of product cost plus the convenience of serving it. However, according FMI's US Grocery Shopper Trends 2018, the eat-well equation for most shoppers today involves a complex consideration of numerous factors, including the ethics of production methods; environmental impact of the package; and its contents, nutritional value and sense of taste discovery. Read more.
Evaluating the people, processes and technologies for omnichannel success is the focus of the FMI program at the upcoming Groceryshop event to be held October 28 to 31 in Las Vegas. If you are interested in bringing a team of operations, technology and marketing team members to the event, apply online for the Hosted Retailers & Brands Program, which provides you with travel reimbursement and curated meetings for your group.
The Joint Industry Unsaleables Leadership Team provides strategies and educational content to help the consumer packaged goods industry reduce unsaleables. The team has recently compiled five guiding principles that should frame any successful unsaleables management program. This webinar covers these principles and also discusses how a company can assess its level of organizational maturity in unsaleables management by benchmarking against industry best practices. Speakers include Mike Boersig, manager of supply chain solutions at CHEP, and Don Ilg, director of sales operations at The J.M. Smucker Co. Listen to the recording or check out the presentation.
Traceability plays a critical role in food safety and protecting our global food supply chain. This webinar discusses the role of the Global Food Traceability Center and some of the resources GFTC has available for the food industry to improve traceability and advance food safety. Listen to the recording, or watch the slides.
About 36% of US consumers are following a specific diet, compared to 14% last year, according to an annual survey, and restaurants and food-makers are finding ways to cater to trending eating plans. The Paleo diet remains popular, and others including the Whole30 and the Ketogenic diets are also gaining fans.
Amazon has become a key sales channel for sporting goods retailers and brands, a shift that has driven sales growth for many while also creating new challenges, especially when it comes to controlling prices. Some outdoor gear brands share insights after working with the e-commerce giant.
In today's competitive arena, grocers need to make sure their online presence is reliable and easy to use, which proved to be a problem for Amazon as it utilized Prime Day to promote Whole Foods Market, Randy Hofbauer writes. "Our experience and research shows that customers are quick to jump ship if an online shopping experience doesn't live up to these new standards, even with sites they are previously familiar with," said Jeff Cheal of the e-commerce firm Episerver.
Google has developed a new feature for its assistant that will allow it to provide a visual snapshot of the user's daily activities by aggregating data from user calendars, reminders, package deliveries, flights, restaurant and movie reservations, and more. The new feature rolled out Tuesday on Android and iOS platforms.