Month: April 2018

Some of the world’s biggest retailers and food companies including Kellogg Co, Walmart Inc, and Nestle backed a new initiative on Wednesday to improve global supply chains amid rising consumer demand for slave-free goods and services. …

Walmart and DoorDash today announced they are teaming up to help expand the retailer’s popular Online Grocery Delivery option beginning with the Atlanta metro area. DoorDash and Walmart will broaden their work together in more markets in the coming months as the retailer expands to reach more than 40 percent of U.S. households with delivery by the end of the year. …

The U.S. Hispanic consumer segment is now surpassing $1.5 trillion in purchasing power. To put that in perspective, that’s akin to the 16th-largest economy in the world. That’s larger than the economy of Mexico. Moreover, it’s growing at a relatively fast clip, and is estimated to hit $1.7 trillion by 2019. Much of that is grocery spending: There was a 22% increase in Hispanic spending at grocery from 2010 to 2015. By 2020, Hispanic consumers will be buying $96 billion in groceries, an astonishing 47% jump from a decade prior. …

Albertsons Companies today announced that Sean Barrett has been promoted to Senior Vice President of Advertising and Marketing. Barrett brings strong brand expertise and proven leadership from his tenure with the Albertson Companies Own Brands team and prior roles at Procter & Gamble, which culminated in his being named Chief Marketing Officer of the P&G/Whirlpool Joint Venture. …