Author: Grace Garwood

What is the Net Value of Restaurant Subscription Services?

More quick service restaurants (QSRs) are rolling out subscription services in the new year to leverage the pandemic pivot towards mobile ordering and remain top of mind with consumers. Throughout the month of January, Sweetgreen …

Convenience Store Growth Poised to Continue Amid Pandemic

Convenience stores have been reaping the benefits of pandemic-induced shifts in consumer behavior and many chains across the U.S. are targeting expansion, according to a Retail Tenant Expansion Report by real estate firm Stan Johnson …

Plant-Based Alternatives Push Further into Fast-Food

Plant-based offerings continue to expand across restaurant menus, as major players like Impossible Foods and Beyond Meat broaden their partnerships with fast-food chains. McDonald’s recently announced plans for a major U.S. expansion of its plant-based …

Consumers Continue to Spend Despite Drop in Economic Optimism

Consumers are making purchases at a record clip, but economic sentiment continues to wane. Spending across Bank of America’s network of debit and credit cards has surged — mainly in entertainment, travel, and restaurants — …

IRI: Snacking at Home Trend Destined to Continue

Snacking behavior continues to evolve as more consumers return to work and resume activities outside the home. In the months ahead, companies should anticipate demand for on-the-go items —including snack bars and single-serve packaging — …

Restaurants Slim Down Menus and Target Innovation Ahead of 2022

As another challenging year for the restaurant industry winds down, operators continue to push back on the permeating impacts of COVID-19. All the while, innovative prospects glimmer on the horizon. Reduced Menus Increased food costs …

Demand, Labor Challenges Broaden Raw Ingredient Shortages

Labor issues continue to fan the flames of supply chain disruption, fueling raw material shortages and poking holes in production output, while food manufacturers struggle to keep up with volatile demand. “The U.S. manufacturing sector …

Packaging Shortages to Impact Food Manufacturers Into 2022

Packaging shortages are fueling persistent fluctuations in food and beverage product availability ahead of the holidays, as many manufacturers source materials from overseas — and there’s no clear end in sight. “Supply chain disruptions continue …

Carbonated Beverages Bubbling Over with Innovation

The carbonated beverage category continues to evolve as low – or no-sugar attributes resonate with consumers and manufacturers pivot their traditional soft drink presentation accordingly. “The narrative is changing from ‘diet’ beverages to ‘no sugar,’” …

Grocers, CPG Companies Meet Rising Demand for Gluten-Free Products

Demand for gluten-free products continues to rise as more consumers adopt special dietary lifestyles – and grocery retailers and CPG companies are responding accordingly. The global gluten-free packaged food market, estimated to reach $9.6 million …

Report: Upcycling Ingredients Gains Traction on ESG Benefits

The adoption of upcycling continues to spread across the food industry as companies large and small explore innovative ways to repurpose ingredients that would otherwise go to waste. While the process remains a niche concept …

Pandemic Forces Food Companies to Reevaluate Inventory Models

To stockpile or not to stockpile – that is the newest question businesses are grappling with amidst the deluge of pandemic-induced operational challenges. While fluctuating demand has left many companies holding — or in food …

What’s Fueling the Alternative Seafood Investment Boom?

Alternatives to traditional seafood continue to diversify through plant-based, cultivated, and fermentation-derived production methods, and investors are casting their bets accordingly. According to a recent Good Food Institute (GFI) State of the Industry report, alternative …

Report: Cost of Breakfast Commodities Hits 10-Year High

The cost of ingredients for breakfast staples continues to rise as global food production, processing and transportation challenges collide with higher demand from the pandemic rebound. According to the Financial Times breakfast indicator, futures prices …

Amazon Fresh a Bright Spot for Company Amid Challenging Q3

Since the first Amazon Fresh opened in September 2020, Amazon has expanded the number of brick-and-mortar grocery store concepts to 19 stores nationwide — and foot traffic has been increasing. Physical store sales were a …

Seafood Sales Riding Wave of ‘Blue Food’ Movement

Seafood sales continue to trend upward at the grocery store as health and environmental benefits sway more consumers towards so-called “blue foods” and restaurant accessibility remains in flux. Overall sales for the category totaled $16.8 …

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Plant-Based Meat Deceleration Signals Niche Future

Plant-based meat sales in restaurants and retail are beginning to plateau following a meteoric rise throughout the pandemic period, while traditional meat engagement remains strong. Data and supporting analyst insights from IRI suggest that this …

Millennials, Gen Z Fueling Coffee Sales Boom

Coffee consumption is going strong throughout the U.S., with drinks away from home on the rise and younger consumers driving the popularity of specialty, refrigerated, and ready-to-drink brews. According to the National Coffee Data Trends …

Are National Brands Overtaking Private Label?

Over the past twelve months, national brands have turned the tables on private label, racking up a higher percentage of total dollar sales for edible products and beverages. The new data suggests a shifting landscape …

Albertsons Launches Shoppable Videos with Firework

Albertsons Cos. has entered the shoppable media space in a new collaboration with video platform Firework. Through the partnership, the grocer aims to transform its digital offerings with community-oriented experiences led by interactive short-form and …

Labor Union Influence Rising in Fulfillment Facilities

As the pandemic continues to impact U.S. frontline workers, union activity is growing across major companies like Mondelez and HelloFresh. Furthermore, labor unions are increasingly seeking to organize workers in fulfillment facilities as brands add …

U.S. Median Household Income Drops in 2020

The economic impacts of the pandemic took a significant toll on the financial stability of American households last year. U.S. median household income fell 2.9% to $67,500 between 2019 and 2020, according to new data from the …

Shoppable Content: The Next Chapter in Digital Advertising

As competition intensifies across the media advertising landscape, major retail players are differentiating themselves with technologically-optimized content that advances the omnichannel purchasing experience. The recent partnership between Walmart and media corporation Meredith has upped the …