When it comes to grocery retailing, analysts are seeing how consumers’ desire for better-for-you food and beverages have contributed to the growth of the natural and organic retail channel.
List highlights botanical use in beverages and growth of sparkling drinks
November 7, 2017
Whole Foods Market, a division of Seattle-based Amazon, announced the most anticipated food trends for the year ahead. Floral flavors, functional mushrooms and root-to-stem recipes are just a few of the picks expected to take off in 2018.
In August, Seattle-based Amazon finalized its $13.7 billion acquisition of natural and organic retailer Whole Foods Market, Austin, Texas. The acquisition has translated into big changes not only in the pricing of many natural and organic products sold within Whole Foods stores, but likely will impact the ways that consumers purchase consumer packed goods (CPG).
Argo launches new RTD, cold-brew tea at stores nationwide
October 9, 2017
Chicago-based Argo Tea announced that is partnering with Whole Foods Market, a wholly owned division of Seattle-based Amazon, to launch a line of ready-to-drink (RTD) cold-brew, single-estate bottled teas into the retailer’s stores nationally. The release of the RTD line follows a successful test of the handcrafted single-estate, cold-brew teas in the company’s Argo Tea cafés last year, the company says.
Austin, Texas-based Daily Greens announced that its new Just Veggies line hit shelves in Central Markets stores throughout Texas. The lineup will also launch in 375 Whole Foods Market locations nationwide by September, the company says.
Seattle-based Amazon and Whole Foods Market Inc., Austin, Texas, announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 a share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.
New Haven, Conn.-based FreshBev, producers of RIPE Craft Juices, announced that it is expanding its portfolio of fresh juices while also bringing them to new markets.
Just as SKU proliferation has allowed consumers more choices for their food and beverage purchases, the retail channel market has seen its own proliferation of new stores for these products. Natural and organic retailers, also referred by some analysts as fresh format stores, are one channel that has presented competition to traditional supermarket share.
Denver-based urban winery The Infinite Monkey Theorem (TIMT) partnered with Whole Foods Market to roll out its signature, single-serve canned wines nationwide, offering consumers across the country endless opportunities to pick up a four-pack, the company says.