Store Brands - November 2018

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AroundtheIndustry SHORT TAKES Continued

Continued on page 18

“Walmart is taking drastic measures to expand its online grocery services.” — PACKAGED FACTS acquisition of Whole Foods Market, the online grocery market has been changing rapidly as store-based grocers have raced to compete with Amazon.com in the online grocery space,” the press release stated. “Walmart is taking drastic measures to expand its online grocery services and offer store pickup options at all of its stores across the

U.S. in order to become the top online grocery provider. Pickup is becoming a favored option for receiving online orders to solve the last-mile delivery problem.” Creating online marketplaces and collaborating with local producers can encourage more customers to shop online if they are supporting local businesses, according to the findings.

phones to access further information about products to provide them with details about nutrition and bioengineered ingredients, as well as information about sourcing and sustainability. With research suggesting that consumers want to know more information about the products they’re purchasing than ever before, S4RB said SmartLabel will play “a crucial role in helping retailers to be more transparent with customers.” “The ethos of the SmartLabel initiative echoes the aims and ambitions of S4RB Inc. as a business, to bring customers, retailers and suppliers closer together — to develop tighter relationships and create better products,” said Kieran Forsey, CEO and co-founder of S4RB Inc., in a statement. Forsey said S4RB Inc.’s work with retailers in the U.S. and U.K. has found that private brand lines that are more transparent about sources of key ingredients, nutrition and allergen information and the manufacturing process perform significantly better in terms of sales. Continued on page 18

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Store Brands / November 2018 / www.storebrands.com


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