10.3%: Surge in Hain Celestial’s stock price after news of the company’s better than expected figures. Concerns over the company’s organic growth potential were not enough to offset positive sales figures of the company’s organic products.
$100 million +: Average investment in digital technology investment of large organizations ($500 million+ in annual revenues) for the coming year as determined by a survey of 820 top executives by Tata Consultancy Services.
$8.5 billion: Offer Family Dollar Stores rejected from Dollar General Corp. Family Dollar Stores is now pursuing completion of a prior agreement to be acquired by Dollar Tree in an agreement that would shake-up the quickly growing “dollar store” market.
$1.2 trillion: Purchasing power of Hispanic community in the United States – helping explain retail and grocery efforts to cater to the community with bilingual campaigns, “international” food offerings, and the growth of both Hispanic grocers and national chain locations in Hispanic communities.
58%: Percent of Americans that are unsure whether foods produced through biotechnology are available in supermarkets according to the International Food Information Council’s “Consumer Perceptions of Food Technology” survey.
200: Number of stores Walmart tested its “Scan & Go” app in. While the tests were not favorable, Walmart has used the insight from the tests to direct future testing and research – noting customers liked tracking spending while shopping as one favorable insight gained.
1: Major British retail locations that are not reliant on the country’s national energy grid after a Sainsbury’s in central England partnered with Biffa, an anaerobic digestion plant, to turn rotten vegetables into the power needed to run their shopping location.
3 million: Reduction in calories consumed by Google employees after the company displayed dried figs and pistachios in place of M&M’s in its offices. The move has led to greater discussion of changing the foods placed near check-out counters to combat obesity.
1.7 billion: Number of items sold weekly in US supermarkets according to James Kaufman, manager of public health research for IBM Research. IBM has recently started an initiative to use algorithms to identify potential sources of contaminated food and food-borne disease that have, up until now, been very difficult to trace due to the complexities of the US retail landscape.