November 15, 2021 | GroceryGeniuses Blog

Meijer is rolling out the latest paving technique using recycled plastic bags from customers

GroceryGeniuses November 15, 2021

Meijer, an American supercenter chain, has signed a deal with Dow to make parking lot pavement to work on sustainable projects. This recycled polymer modified asphalt (RPMA) parking lot has a three-phase pilot project that collected approximately 12,500 pounds of post-consumer recycled plastic. Meijer placed plastic bag collecting bins in entrance doors in 2014 and now has about 944,000 plastic grocery bags. K-Tech Specialty Coatings, an asphalt emulsion company, changed the base asphalt binder with ELVALOY RET and PCR content of the plastic bags.

Market 32/ Price Chopper announce Northeast Grocery Inc. as their new parent company

GroceryGeniuses November 15, 2021

Market 32/ Price Chopper and Tops Markets have announced the closing of their merger deal earlier this year. The retailers will have respective leaders as their local managers. Northeast Grocery Inc. is their new parent company. Federal Trade Commission has approved the Food distributor C&S Wholesale Grocers to purchase all 12 stores, and GU Markets LLC, an affiliate of C&S Wholesale Grocers, will operate them. Northeast Grocery Inc. will have a headquarter in Schenectady, NY. Price Chopper/Market 32 and Tops Markets will retain their headquarters in Williamsville, New York.

The rise of sustainable beauty industry and changing consumer beauty standards

GroceryGeniuses November 15, 2021

Consumers now demand an upgraded beauty regime and purchase clean, sustainable beauty products. Customers now find beauty products that have less dangerous components and avoid harsh chemicals. NielsenIQ latest report listed parabens, sulfates, preservatives, artificial colors and scents as the least wanted chemicals. The online searches and shift towards purchasing vegan, cruelty-free products are also increasing. Young consumers want sustainable cosmetics 1.3 times more than adults. After observing the latest trends, Beauty retailers like Ulta, Sephora, Amazon and Target have launched sustainable, plastic-free beauty essentials.

The COVID-19 pandemic brought along many threats and changed the global economic landscape

GroceryGeniuses November 15, 2021

Though the pandemic woes seem to be over, several threats like inflation, labour shortage and supply chain disruption persist to exist. McKinsey’s latest report highlighted the sentiments and hopes of executives about the pandemic and economic recovery of their nations. From January 2021 to October 2021, executive respondents felt sceptical about economic instability. But overall, the sentiments remain resilient and optimistic regarding recovery. Respondents from developed economies cited the pandemic, supply chain issues and asset bubbles more than their peers. While developing nations fought more with the labour shortage, inflation and weak demand. In early 2020, respondents’ outlook was gloomier and filled with pessimism. They talked about declining company profits. North American region saw deteriorating economic condition in July. From September to the end of 2020, respondents became increasingly positive, and things started getting rosier.