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Study addresses growth of private label in U.S. market

The acceleration of U.S. private label sales growth saw an uptick from 2.2% in 2015 to 5.8% in 2018, with annual sales growing four times faster than national brands.
November 1, 2019
A new study released from Coresight Research, New York, addresses the growth of private label in today’s U.S. market.
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Food Marketing Institute, FitForCommerce release omnichannel benchmarking index

More than half of food retailers manage digital commerce and fulfillment internally, and 42% outsource the entire process to a third-party vendor.
November 1, 2019
Food Marketing Institute (FMI), Arlington, Va., and FitForCommerce, Short Hills, N.J., released what is said to be the industry's first exploration in how leading grocery retailers are meeting customer demands for digital and omnichannel shopping experiences.
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Blockchain spend in world agriculture market expected to record CAGR of 48.8%

What's more is, blockchain spend is projected to increase from $524.8 million in 2019 to $8,489 million by 2025
November 1, 2019
Blockchain spend in the agriculture industry increased at 129.3% during 2018 to reach $258 million, and is expected to record a CAGR of 48.8%, increasing from $524.8 million in 2019 to $8,489 million by 2025, according to a report produced by Research and Markets, Ireland.
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Study reveals Top 10 trends re-shaping CPG industry

The CPG industry is undergoing significant change, with consumer preferences shifting rapidly and retailers adapting in the face of heightened competition.
November 1, 2019
Coresight Research, New York, reveals the Top 10 trends anticipated to re-shape the CPG industry.
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Survey reveals sustainability is driving demand, customer loyalty

Despite price still being a big factor in purchasing decisions, consumers are putting an emphasis on sustainability, and are also increasingly focused on shopping with brands whose mission they care about.
November 1, 2019
More than two-thirds of respondents consider sustainability when making a purchase, and are willing to pay more for sustainable products, according to 2019 Retail and Sustainability Survey, a survey produced by CGS, New York.
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Research shows two ways retailers can grow profits from online grocery sales

Most of the today’s growth in grocery spending is happening online, but the additional cost of assembling/fulfilling these orders makes the business less profitable than typical sales through the store.
November 1, 2019
Brick Meets Click, Barrington, Ill., completed an independent analysis to quantify the dollar impact to grocers of using a leading software-based fulfillment platform for online orders designed to reduce labor costs and drive higher sales.
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Pilot Freight Services rebrands truck brokerage unit

Pilot Truck Brokerage utilizes Tech Suite, which enables customers or operators to shop full truck load pricing in real-time.
November 1, 2019
Pilot Freight Services, Glen Mills, Pa., introduced Pilot Truck Brokerage, a newly rebranded brokerage service based in Pilot San Diego, formerly known as A & O Logistics.
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Plant-based foods—A fad or sticking around for good?

Millennials, born 1981-1996, are the top consumers of plant-based meat alternatives.
November 1, 2019
A new study by The NPD Group, Chicago, addresses the rapid growth of plant-based foods at retail and on restaurant menus, and discusses the interest in plant-based food as a passing fad vs. a long-term trend.
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