Impulse purchases, displays and in-stock value were three of the main themes during FMI’s ‘Power of Produce 2024’ session at the SEPC’s Southern Exposure.
Double-digit advances in the online grocery market will continue, with sales expected to grow at an average annual rate of 12.0% through 2027, according to Packaged Facts.
The company said users operating from any location can now utilize the HilmarConnect Global platform any time of any day for the latest information regarding cheese availability, prices and timing of shipments.
Through the company’s partnership with Level Equity, Upshop plans to focus on areas for growth such as speeding up innovation and increasing investment in its products and technology.
Walmart is on the verge of upgrading its delivery program to track consumer shopping and consumption habits with AI to automatically restock items without customers visiting a store.
Online food retail sales, which include instore pickup, curbside delivery, and at-home delivery, reached $76 billion in 2022. Euromonitor International
predicts online grocery will be the largest source of growth for food in the US in the future.