Posts tagged "Costco"

Walmart sues poultry companies for price fixing

[30 May/Grocery Dive] Walmart has filed an antitrust lawsuit in Arkansas federal court against Pilgrim’s Pride, Koch Foods and 28 other poultry producing companies alleging that they conspired to increase prices for broiler chickens beginning in 2008. The complaint details two ways that the companies engaged in price fixing including reducing the supply of chickens...

A2 Milk lifts China infant formula market share to 5.6 pct

[17 October/NZ Herald] The a2 Milk Company has increased its share of the Chinese infant formula market to 5.6 percent over the past year. It said revenue for the first three months of its financial year were consistent with company expectations, and reflected continued strong growth in infant formula and milk products. Retail store distribution...

Costco’s in-house poultry production signals a new supply chain approach

[24 September/Grocery Dive] According to a report by CoBank, Costco’s decision to bring its poultry production in-house was the first time it had taken one the risks associated with meat production. Its rotisserie chickens were a major driver of customer traffic, and sales had experience 8 percent annual growth since 2010. By bringing production in...

Cargill opens up Korean market with distribution partnership

[16 July/GlobalMeat News] Cargill has collaborated with South Korean meat importer and distributer, AG Meats, to roll out its ultra-premium Excel beef product in South Korea. It would be sold in Korea’s three It’s Meat stores. Food safety was a priority of Cargill, and the Excel beef underwent a seven step regulated production system to...

Why Costco’s avocados will last twice as long

[19 June/Food Dive] Apeel Sciences has developed technology that can more than double the shelf life of fruit, helping consumers, retailers and the environment by cutting down on food waste. The company developed a powder that is sprayed on produce close the harvest and dried to create an extra layer of material to slow the...

Costco begins construction on Nebraska poultry facility

 [23 June/ Food Dive] Major US Club retailer, Costco, has commenced work on a USD300 million premium poultry processing facility in Freemont, Nebraska.  The plant is the company’s first poultry processing and hatchery and is planned to process 2 million chickens a week once it is opened in April 2019.  Costco has had to recruit...