Trader Joe’s Recipe for Innovation
There's no business like the private label business and it was plain for everyone to see at PLMA's 2018 Trade Show in Chicago. Join news anchor Jodi Daley and PLMA president Brian Sharoff, along with PLMA's on-the-floor team for the trends and the products which highlighted this year's show. Michael Sansolo reviews some of the best food products. Bob Vosburgh analyzes home and health products and Carol Angrisani looks at the exhibit booths from a consumer's point of view. Then, Tim Simmons sums it all and offers a wrap-up commentary on PLMA's big event of 2018. Click here for video.
"Innovation is at the heart of our business," says Lori Latta, vice president of innovation for Trader Joe's and one of the new inductees in the Private Label Hall of Fame. Tim Simmons interviews her about the process of creating new products and relationships with suppliers.
Research and Technology:
Weighing the Impact of Food Waste
An estimated 160 billion pounds of food goes uneaten in the U.S. every year. Most waste occurs in the home, though all segments of the supply chain share responsibility. Veronica Carvalho explains potential remedies include standardized date labeling and better inventory management. Click here for video.