Most consumers of ConAgra’s many brands remain “extremely value-conscious” in applying budget lessons learned during the recession, observes Gary Rodkin, the company’s president and chief executive officer.
Stealing the limelight is never easy in a channel long dominated by Whole Foods Market. Yet that’s just what Shon Boney did when his Sprouts Farmers Market announced its merger with regional rival Sunflower Farmers Markets.
John Mackey may no longer come across as the brash upstart who led Whole Foods Market to dominate the natural food segment of the industry, but he still has a lot to brag about. Even a cursory glance at the chain’s most recent quarter reveals solid finances and an intelligent growth strategy.
PARSIPPANY, N.J. — Kings Food Markets here wants to raise the bar on the definition of “local” produce with a new initiative that rushes local fruits, vegetables and herbs to stores within 24 hours of harvest.
There’s no doubt that the health and wellness movement has helped swing the consumer pendulum back towards simplicity and authenticity. One only has to look at the recent backlashes over “pink slime” and cochineal bug extract to understand the power of the shift as demand for clean ingredient lists, local foods and artisan items moves to the fore.