During the fourth quarter of fiscal 2022, ended Dec. 31, the company took a $720 million impairment charge partially related to its physical Amazon Fresh and Amazon Go store formats.
Albertsons Cos. officially has launched its redesigned Open Nature brand, refreshing the company’s Own Brands private label portfolio that includes Signature Select, Lucerne Dairy Farms and more.
According to Research and Markets, the global meal kit market was set to reach $13.50 billion in 2022 at a compound annual growth rate (CAGR) of 20.64% from 2021, and it is expected to reach $23.23 billion at a CAGR of 14.54% in 2026.