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While e-commerce continues to be the fastest-growing channel, the online shift of edible grocery (comprising food and beverage) has been relatively slow when compared to other categories.
Store-based sales will continue to account for the majority of worldwide edible grocery sales over the next 5 years, but online sales are poised to grow much faster, as leading retailers continue to prioritize e-commerce by expanding their online assortment and fulfillment options, according to analysts at Edge by Ascential, London.
Tara McHugh, center director for USDA’s Agricultural Research Service (ARS), Washington, D.C., investigated ways to take food processing waste and turn it into value-added products.
Edible oil-based foods processor Ventura Foods LLC , Brea, Calif., said Christopher Furman will join the company November 9, 2009 as president and CEO.
Looking to increase its Northeast distribution, edible oils supplier Bunge North America, St. Louis, said it purchased the assets of Mid-Atlantic Vegetable Shortening Inc.