Profitability challenges continue to remain; new revenue streams needed to offset higher costs in online retail The online channel has experienced exceptional growth in recent years and is set to remain the fastest-growing retail channel globally through 2029. IGD’s latest Online Retail Trends Report reveals that this growth will add $164 billion in sales, bringing the channel’s total to $646 billion by 2029. It is also expected to gain the most market share of all modern grocery channels, … [Read more...] about IGD’s Online Retail Trends Report 2025: Online grocery leading the charge as the fastest growing channel
Retail
Hostelco stands as a global platform for the world of hospitality, retail, and foodservice
From 23 to 26 March 2026, Fira de Barcelona's Gran Via venue will host the 22nd edition of Hostelco, the International Trade Fair for Hospitality, Catering, and Community Equipment. It returns with Alimentaria to take another step forward and become the only trade fair platform representing the entire retail and food service value chain. A call to action that seeks to respond to the needs of the industry and multiply business opportunities for all productive segments that make up the Horeca and … [Read more...] about Hostelco stands as a global platform for the world of hospitality, retail, and foodservice
Hormel Foods Announces New Strategic Operating Model
Company transitioning to three operating segments to drive sustainable growth Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, on Tuesday announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market-driven. Effective Oct. 31, 2022, the beginning of fiscal 2023, the company is transitioning to three operating segments – Retail, Foodservice and International. The One Supply Chain team will continue … [Read more...] about Hormel Foods Announces New Strategic Operating Model
