Mondelez International’s Valerie Oswalt talks winning with the snack category
The snacking industry is a $146 billion-a-year business and growing at a rate of about 4% a year. Why? “Snacking is actually becoming how we eat,” Mondelēz International president of U.S. sales Valerie Oswalt told DSN.TV for the latest edition of the DSN Executive Viewpoint video interview series. With the average person snacking up to three times a day, the company has identified nine distinct snacking moments. To learn more about how Mondelēz International is helping retailers optimize those opportunities, check out the video above.
Mondelez to partner with startups on Shopper Futures
The Seattle Times: Analysts say Costco takes lead as largest organic grocer
ISSAQUAH, Wash. — Is Costco the largest organic grocer? It just may be, according to a report by The Seattle Times.
Citing Costco’s earnings call last week, The Seattle Times reported that the retailer’s sales of organic products exceeded $4 billion annually.
When it comes to the organic food industry, that is a huge number and it likely places Costco in the lead. The Seattle Times reported that BMO Capital Markets analysts stated in a research note that the warehouse club is “possibly now already eclipsing” industry leader Whole Foods. BMO Capital Markets estimates that Whole Foods sells roughly $3.6 billion in organic products each year.