Why Walmart is adding frozen food even beyond COVID-19 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Retailers like Walmart saw explosive growth in health-focused frozen foods at the start of the pandemic. Now execs are preparing for the new normal in the freezer aisle.

Retailers and food companies are adapting to more interest in frozen burgers, pizzas and single-serve meals, especially those that are healthier than traditional options.Sales of frozen food, especially health-focused options, are growing above pre-pandemic levels as consumers alter their eating habits for longer.

Prior to the pandemic, Walmart was already expanding the cooler space it devoted at stores to frozen foods, including plant-based and low-sodium options, and new brands, Vice President and Division Merchandising Manager Laura Rush said in an interview. "You could walk into frozen and it still felt like 1995," she said of frozen selections at Walmart when the company began the revamp.

"I don't think this goes away," Rush said of heightened demand for healthier and diet-specific frozen options among consumers. Part of the growth of frozen has come at the expense of eating out: Consumers have continued to buy foods in the frozen section during the pandemic that they cannot easily make at home, said Bob Nolan, senior vice president, demand sciences at Conagra Brands, which manufactures frozen food items including Marie Callender's pot pies and PF Chang's meals.

Conagra's healthier meal options are still growing at higher rates, with sales at plant-based brand Gardein up 38% during the same 13-week period and Healthy Choice meals up 20%, according to data compiled by IRI and referenced by Conagra.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market: Euro stocks recover sharp losses, COVID-19 fears spread - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 𝗡𝗼𝘄 𝗶 𝗯𝗲𝗹𝗶𝗲𝘃𝗲 𝗶𝗻 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗳𝘁𝗲𝗿 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗶𝗻𝗴 $5,500 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝘁𝗵𝗲 𝗵𝗲𝗹𝗽 𝗼𝗳 𝗼𝗳 𝗠𝗿 cronin 𝗶 𝗿𝗲𝗮𝗹𝗹𝘆 𝗮𝗽𝗽𝗿𝗲𝗰𝗶𝗮𝘁𝗲 𝗮𝗹𝗹 𝘆𝗼𝘂𝗿 𝗲𝗳𝗳𝗼𝗿𝘁 𝗮𝗻𝗱 𝘁𝗵𝗮𝗻𝗸𝘀 trader_conin_fx
Source: BusinessInsider - 🏆 729. / 51 Read more »