Tag Archives: foods

Hormel Foods remembers SPAM items after metal discovered in meat

(USDA)
(USDA).( Meredith/USDA)– Hormel Food Corp. is recalling around 228,614 pounds of canned pork and chicken items that may be polluted with foreign matter, particularly pieces of metal.

The canned pork and chicken items were produced on February 8 through February 10, 2018. The following items are subject to recall:

12-oz. metal cans containing “SPAM Classic” with a “Finest By” date of February 2021 date and production codes:

F020881F020882F020883F020884F020885F020886F020887F020888F020889

These products were delivered throughout the United States.What took place? The problem was found after the company received 4 customer problems mentioning that metal items were found in the canned products. There have been reports of minor oral injuries connected with usage of the products. There have been no additional reports of injury or disease from consumption of these items. Anybody concerned about an injury or health problem need to get in touch with a health care provider.Check your kitchen Consumers who have actually bought these items are advised not to consume them.

These items should be thrown away or returned to the location of purchase. Customers with concerns about the recall can get in touch with Consumer Response, Hormel Foods, at (800 )523-4635.

___ Details for this post was offered by the United States Department of Farming.

Local Whole Foods shoppers invite the fruits of an Amazon-run supermarket

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Yasmina Chavez Customers walk into Whole Foods in Henderson, Monday, Aug. 28, 2017. While the eco-minded chain has succeeded, one of the main deterrents from people going shopping there is its reputation for high costs.

E-Commerce Comes to Food Shopping: Amazon-Whole Foods Mix Seen as Game-Changer for Grocery Stores

Part I of Two: Amazon and Customer Brands Introduce Major Incursions into the Grocery Company

Credit: Whole Foods Market
Credit: Whole Foods Market Supermarket, as soon as thought about more immune to risks from online competition compared to its clothing and outlet store equivalents, might not be as durable as many have long idea– and still think. After Amazon (Nasdaq: AMZN )dropped the bombshell news that it prepares to buy Whole Foods Market Inc. (Nasdaq: WFM) for$ 13.2 billion, some investors and experts are reassessing the prospect for e-commerce to make more fast incursions into the food retail service.

” Once Amazon/Whole Foods’ complete frontal attack on this space begins, I have no doubt that there will be at least a couple of grocery banners that disappear,” Garrick Brown, who manages Cushman & & Wakefield’s retail research, commented.

Other skirmishes in between grocers and online sellers have actually been growing for the previous couple of years and are likewise now heightening. National name-brand food product makers are redirecting millions of dollars into e-commerce efforts to increase sales straight to consumers.

This month, Campbell Soup Co. (NYSE: CPB) revealed strategies to accelerate the company’s digital and e-commerce capabilities by forming an e-commerce system in The United States and Canada and setting a goal of creating $300 million each year in e-commerce sales over the next 5 years.

” E-Commerce is a significant growth opportunity for Campbell, and it represents the future of food commerce,” stated Mark Alexander, president – Americas Basic Meals and Beverages, for Campbell Soup “Only those who arrive in a quick and clever way will win, and Campbell intends to do just that. We have an accelerated method to invest and grow in this space.”

Editor’s Note: While there will constantly be need shops, the type and format of future physical markets are being changed by the growing benefit and cost-savings of online shopping. In this very first of a two-part report, we take a look at the quick changes occurring in the grocery market and their possible influence on retail realty. Part 2 examines the prospective impacts of these changes on retail property. Mark Alexander, president- Americas Basic Meals and Beverages, for Campbell Soup. The relocation is also seen as an action to dropping natural sales in the United States Campbell’s sales, which reduced 1% over the last nine months, driven by a 1% decline in natural sales, showing higher advertising costs and lower volume. In its Americas Simple Meals and Drinks division, the most current sales numbers were down 2%.

In truth, equivalent weighted equivalent grocery store sales development within the market is reducing across the industry. Year-over year grocery sales were increasing a little bit more than 4% each year 3 years ago; that flattened to about 0.3% in fiscal year 2016, according to analysis by CoStar Portfolio Strategy. It deserves keeping in mind that some grocery heavyweights, consisting of SuperValu Inc. (NYSE: SVU) and Whole Foods, recently posted negative exact same shop sales growth.

Campbell’s objective to reach $300 million in e-commerce sales would represent 3.6% of the brand’s annual sales – a low penetration compared with a current report from a Food Marketing Institute/Nielsen Holdings report. That research study projects that online grocery costs might grow throughout the 2016-2025 forecast duration from 4.3% of the overall U.S. food and beverage sales to as much as a 20% share, or reaching more than $100 billion, based on the most upbeat situation. In 2015, online grocery sales were about $20.5 billion.

While such sales forecasts for e-commerce are modest compared with the total store-based sales, any additional decreases in store-based sales is viewed as having actually an amplified impact on grocery revenue margins, which are currently razor thin – one to two cents per dollar according cuts to industry estimates. Food wholesalers, on the other hand, post margins closer to 13 cents on the dollar, according to these same industry estimates.E-Commerce Impact Differs by Goods, Area Julie Calcao, a senior credit analyst in Stone, CO

. For the previous numerous years, grocers have basked in thinking their business model was largely insulated from the impact of e-commerce. Julie Calcao, a senior credit expert at a bank in Stone, CO, is a good example of why it has actually taken longer for e-commerce to make its mark on the grocery service.

” I am a big online buyer when it comes to non-perishable items,” Calcao stated. “However, I want to pick my produce and meat as I am really particular. So, given that I cannot purchase all my groceries online as I want to choose my own, I will continue to drive to the store.”

Nevertheless, U.S. grocery shoppers are warming to online retail as 28% now choose to acquire groceries online regularly, as reported in Acosta’s most current Hot Topic Report, Bricks & & Clicks survey.


Colin Stewart, senior vice president at Acosta. “Amazon’s acquisition of Whole Foods is the perfect example of how the CPG [customer packaged goods] landscape is changing and how innovation and online retail have created a shift in the method people shop for groceries,” stated Colin Stewart, senior vice president at Acosta, a full-service sales and marketing firm.

However, the Acosta report found the effect from online grocery shopping varies depending on where in the country shoppers live and their age.

E-commerce grocery buyers are multi-faceted, though unsurprisingly, they alter towards Millennial age groups and individuals living in densely inhabited urban areas: 23% of older Millennials (ages 30-34), and 14% of younger GenXers (ages 35-39) are thought about regular CPG e-commerce shoppers, indicating they purchase groceries online approximately 50% or more of the time.


Ben Conwell, senior handling director and practice leader for Cushman & Wakefield.” Last year, over 52 % of all online grocery sales in the United States came from just eight states. More specifically, they originated from thick city markets within those states; New york city City, San Francisco, Chicago, Philadelphia, Miami,” said Ben Conwell, senior handling director and practice leader for Cushman & & Wakefield’s e-commerce and electronic satisfaction specialized practice group. “We have still yet to see any large scale successes in the e-grocery area when it comes to sprawl markets or more sparsely inhabited areas.”

And, like the shopping patterns of Calcao, online sales have grown – specifically in dry-goods categories, nonfoods and health and charm care – however brick-and-mortar retail continues to be preferred when grocery shoppers wish to personally choose their fresh meats, fruit, veggie, cheeses and other cooled categories.

” Whether a consumer is clicking online for groceries or browsing the supermarket aisles, it is essential for brand names and merchants to recognize the value and distinct advantages provided by both purchase pathways,” Acosta’s Stewart continued. “E-commerce does not suggest the end of brick-and-mortar shops, but it offers brand-new and various development chances for merchants, which requires them to form a new method tailored to how grocery buyers prefer to buy their foods.”

Not Simply Online, Grocery Stores Confronting More Competitors from Each Other.

While Amazon’s entry into the grocery organisation holds the possibility of brand-new competitors from a free-spending goliath set on blending e-commerce with a physical shop network, more competitors is also coming from a broad range of other grocery business that have actually devoted to considerable store expansions.

The patterns are putting pressure on traditional grocers, specifically the country’s 2 largest– Kroger and Albertsons Cos.– to make some sort of tactical moves.


Kroger’s influence includes $115 billion in grocery sales
per year in 4,000 properties. Rodney McMullen, Kroger chairman, informed analysts last month that it is taking a more hawkish look at expense cutting– one that will “de-emphasize” brand-new shop growth in favor of facilities and digital costs.

The goal, McMullen said, is to get in touch with the customer directly in anyway the client wants to– whether it be in-store shopping, grocery pick-up or shipment. McMullen stated Kroger currently has enough scale to contend in this environment against the likes of Wal-Mart Stores Inc. (NYSE: WMT) and Amazon. Kroger racks up about$ 115 billion in grocery sales each year and owns or leases about 4,000 residential or commercial properties.


Albertsons development prepares consists of more like its 2015 acquisition of Safeway.

The next largest conventional supermarket chain, privately held Albertsons Cos., has invested the year constructing a digital marketing and e-commerce department under Narayan Iyengar, a former e-commerce executive with the Walt Disney Co. In his brand-new role at Albertsons, Iyengar is accountable for leading all elements of digital marketing including loyalty programs, buyer marketing and the general digital existence, as well as the e-commerce business, including house shipment.

” After being fairly untouched by digital for several years, the grocery industry is starting to see several parts of the customer journey being changed by digital. In this context, we have to continue to enhance our digital capabilities,” Iyengar stated.

Albertsons growth strategy is multi-faceted and consists of organic growth through new ground up shopping mall, as well as acquisition of existing operating or closed retail centers.

Publix is set to open 20 brand-new stores this year, with Wegmans preparing a similar growth, mostly in East Coast suburban communities. Kroger plans to open 55 stores and Sprouts is scoping for 40 brand-new places nationwide. German grocer Aldi has revealed a $3.4 billion remodel of its existing storefronts together with a U.S. expansion that will include 900 new areas by 2022. Another German chain, Lidl has started an aggressive entry into the U.S., with prepare for 100 East Coast places by the middle of next year, according to Aaron Martens, research analyst for Marcus & & Millichap Research Services.

Target Corp. (NYSE: TGT) is wanting to open 100 + brand-new small-format stores in city and dense suburban areas– a market penetration just like Whole Foods.

Walmart this year is slowing its brand-new store opening expansions in favor of growing comparable store and club sales and e-commerce. Still, in the very first quarter of this year it opened or expanded 305 shops. That compares to 588 in the same quarter a year ago.

[http://www.costar.com/News/Article/E-Commerce-Comes-to-Food-Shopping-Growing-Competition-for-Grocery-Sales-Altering-Outlook-for-Retail-Real-Estate/192841?rpt=1″ target=”_blank”> In Part II of this report, CoStar takes a look at how the competitive pressures in the grocery industry will play out in the retail property arena too. As goes the grocer, so goes the center.]

Updated: Amazon to Obtain Whole Foods Markets for $13.7 B In Game-Changing Deal for Retail Property

Analyst: Deal Catapulting E-Tailer Into Leading Ranks of United States Grocery Market is Proof Well-Located Retail Property Will Win Out, Even as E-Commerce Continues Rapid Development

In its very first large-scale push into brick-and-mortar retail, Amazon (Nasdaq: AMZN) revealed this morning it has actually agreed to purchase Whole Foods Market, Inc. (Nasdaq: WFM) in an all-cash merger transaction valued at $13.7 billion.

The historic pairing, together with today’s statement by retail huge Wal-Mart Stores, Inc. that it will buy Bonobos, Inc., a New York-based guys’s clothing merchant that does most of its service online, casts a spotlight on the seismic modifications reshaping the way we purchase items and services.

The transactions reveal the increasing acknowledgement of the interdependence and symbiosis of e-commerce and physical retail. They likewise underscore the heated competition between the country’s retail titans, Amazon and Wal-Mart, as well as Amazon’s recognition that developing a presence in strong retail places, a minimum of in the grocery sector, may be needed to take the fight to its brick-and-mortar rivals across multiple retail sectors.

Under the conclusive contract, Amazon will pay $42 per share to shareholders of Whole Foods, which has had a hard time economically in recent quarters, a 27% premium over its Thursday closing price. The transaction is expected to close in the 3rd or fourth quarter.

Editor’s note: CoStar News will be updating this significant retail and technology story with news and analysis throughout the day.

Amazon in 2015 appeared to be preparing for a significant push into book shops and other physical retail, but defying the forecasts of some analysts, has actually not revealed a major roll out to this day. The ambitious move into the supermarket space would provide Amazon control of the 460 areas in the U.S., Canada and United Kingdom run by Austin-based Whole Foods, which utilizes 87,000 people and reported $16 billion in income for 2016.

‘ Shot Heard Round the World’

The statements were greeted with a lot of commentary by analysts in both the retail and property industries.

Citi REIT equity expert Michael Bilerman described the relocation as a recognition of the long-lasting power of premium, well-located retail real estate.

Bilerman stated the deal is more evidence that online sellers appreciate the power that a brick-and-mortar existence can have as online merchants increasingly have problem with the costs and logistics of both last-mile shipment to shoppers along with product returns and exchanges.

“All this is consistent with our views that high-quality, well-located retail real estate will continue to win out even with ongoing growth in e-commerce,” Bilerman said.

Morgan Stanley & & Co. retail analyst Simeon Gutman noted that while Amazon was anticipated to rake into the physical supermarket space, consisting of reports that it had an interest in opening 2,000 Amazon Fresh grocery stores in the U.S. over Ten Years, “we did unknown in what kind or when.”

“In thinking of other brick-and-mortar classifications, food retail makes good sense for Amazon to go deeper, offered the high frequency of purchases and distinct approach of circulation,” Gutman stated, who explained the offer as the “shot heard round the world.” “Besides auto parts and possibly appeal retail, we do not think there are other categories that are so unique that Amazon would have an interest in pursuing traditional areas.”

While was relatively well known that Amazon had actually planned to pursue a more aggressive brick-and-mortar technique, the small number of bookstore openings up until now have actually been restricted to high-traffic street retail areas, added Bilerman.

“Plainly, Amazon has opted to purchase rather of construct, and in picking a grocer, the seller is acquiring some extremely well-located shops,” Bilerman added.

Under the contract, John Mackey would stay CEO of Whole Foods, established in 1978, and the grocer would continue to operate under its existing brand and maintain its headquarters in Austin.

The partnership is an opportunity to maximize value for Whole Foods investors, a number of which have actually slammed the chain for its sagging stock rate in the intensely competitive U.S. grocer area, while at the very same time leveraging Amazon’s deep pockets and innovation platform.

“Whole Foods Market has actually been pleasing, thrilling and nourishing customers for nearly four years – they’re doing a remarkable task and we want that to continue,” said billionaire Jeff Bezos, Amazon founder and CEO.

The merger has the benefit of “extending our objective and bringing the highest quality, experience, benefit and development to our clients,” stated Mackey, a Whole Foods co-founder.

Updated: 10:30 a.m, 11 a.m., 11:45 a.m. PDT