Here's the latest in food retail
| The latest in food retail | | RETAIL & FINANCIAL | | | Meet the 2022 Top 50 retailers and wholesalers
Supermarket News and IGD rank leading chains in grocery, mass, club, dollar, convenience and drug channels.
The following gallery showcases the rankings based on sales of the Top 50 food and grocery retailers and wholesalers in the U.S. and Canada, including supermarkets, mass merchandisers, dollar stores, convenience stores and drugstores. Sales figures are based on reports from public retail companies and, in cases of privately owned companies, IGD estimates. |
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| CONSUMER TRENDS | | | Online grocery shoppers spend more but less loyal
U.S. online grocery consumers spend more than in-store customers but shop at more retailers, according to the latest dunnhumby Consumer Trends Tracker.
Omnichannel shoppers spend one-and-a-half times more on groceries than their in-store-only counterparts but spread their dollars at up to twice as many retailers, dunnhumby said in the Consumer Trends Tracker report, released this week. The vast majority of the 45% of consumers who shop for groceries online are omnichannel shoppers. While their monthly average grocery spend is $594 compared with $388 for in-store-only shoppers. |
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| ISSUES & TRENDS | | | Canada goes front-of-package with new nutrition labels
Canada has unveiled a new front-of-package nutrition label designed to highlight foods high in certain content that could impact consumers’ health.
The new nutrition symbol features a magnifying glass and text to draw attention to foods high in saturated fat, sugar and/or sodium to help Canadians make more informed product selections as they shop for groceries, Health Canada said last week. Canada’s health agency noted that the symbol must be displayed on the front of packaged foods with such nutritional content, and manufacturers have until Jan. 1, 2026, to change their labels to comply with the new requirement. |
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| RETAIL ONLINE | | | USDA invests in expansion of SNAP online grocery shopping
The U.S. Department of Agriculture (USDA) is seeking applications for a $5 million competitive grant to help expand the number of retailers that offer recipients of Supplemental Nutrition Assistance Program (SNAP) benefits online grocery shopping.
Through the USDA’s Food and Nutrition Service (FNS), the SNAP EBT Modernization Technical Assistance Center grant will fund an organization to provide “extensive support” to retailers with the technology and systems necessary to enable SNAP e-commerce, “so that SNAP participants can access a larger diversity of retailers while shopping for groceries online,” the USDA said yesterday. The grant is funded by the American Rescue Plan stimulus legislation, enacted last year. |
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