Most of the news surrounding the Amazon/Whole Foods merger has been on their recent price reductions, along with other initial plans like integrating Amazon Prime members as Whole Foods loyalty members and selling Whole Foods' 365 brand products on Amazon.com. Barclays visited Whole Foods Market stores in New York City and Chicago, IL, after price cuts on 15...
read moreSelf-driving cars seem like a hyper-futuristic technology that many of us never expected to see in our lifetimes. It is technology reserved for The Jetsons and science fiction movies. However, the reality is that most people will likely live to see these vehicles on the road, and not too far into the future.
read moreFood businesses have been busy with acquisitions the past few years, with some of the most high-profile deals coming out in just the past few months. Aside from the notorious Whole Foods/Amazon deal, there have been many other multi-billion dollar mergers in the industry in the first half of 2017. Mergers and acquisitions for the first two quarters of the year climbed to 273 deals, a 6.6%...
read moreFoodborne illnesses are a major problem in the food industry, as they can be difficult to track and catch in a timely manner. The most recent available data from the CDC shows that in 2015, there were 902 foodborne disease outbreaks reported, resulting in 15,202 illnesses, 950 hospitalizations, 15 deaths, and 20 food product recalls. Fish, chicken, and pork were the most common single food categories...
read moreCook County, IL, first approved a penny-per-ounce tax on sugary drinks, in hopes of raising $200 million a year, in November 2016. It was the seventh local government in the U.S. to pass such a levy, and was by far the largest area. The tax was originally set to go into effect July 1 but was delayed several times due to lawsuits. Now...
read moreIt seems that Target doesn't want to sit on its laurels.
read moreNews can come at you fast in the food industry, so today, I'm going to provide a few quick updates on two stories I've been following recently in our blog.
read moreFor an industry still reeling from the effects of avian influenza, the European egg market may see some dramatic changes in the coming weeks after a pesticide scare was reported in connection to certain Dutch eggs.
read moreAmazon is a force to be reckoned with in the retail industry, and it has rapidly become a major player in the grocery sector. The e-commerce company's total grocery sales so far in 2017 are at $420 million, a 50% year-over-year increase, according to One Click Retail.
read moreIf you've been reading The Food Institute Blog, you know that sugar-sweetened beverage taxes have been one of the hottest topics in the food industry over the past two years. Proponents note the potential health benefits of such taxes, while opponents argue it puts producers...
read moreThe U.S. Apple Association held its annual Apple Crop Outlook and Marketing Conference Aug. 24 and Aug. 25 in Chicago, IL, and the meeting gave a peek into what is coming for regional U.S. apple growers.
read moreProduction of both cattle and calves and hogs and pigs in the U.S. and Canada are on the rise, according to a pair of joint reports issued by USDA's National Agricultural Statistics Service (NASS) and Statistics Canada.
read moreAh, the internet. As a Millennial, I can admit my life pretty much revolves around the use of it. At work, I scour the web for stories for Today in Food, The Food Institute Report and The Food Institute Blog. When I get off of work, I keep in touch with friends and family via social...
read moreA lot of time and marketing dollars are spent on appealing to the Millennial generation. We even spend a good deal of time on the cohort here in the FI Blog. However, most companies have focused on the younger, single members of the...
read moreGrocery chains are facing a changing consumer landscape, and that means that the food retail industry must make some changes as well.
read morePlant-based foods have been a hot topic of conversation in the past year, as more companies are beginning to offer alternatives that more closely resemble animal meat. Just last week, I covered some of the up-and-coming companies in the sector right here on the FI Blog.
read moreWhen it comes to sugary beverage taxes, nothing is ever quite simple.
read moreFor a myriad of reasons, consumers are starting to look for ways to reduce their meat consumption. Some look for meat alternatives to improve their health, while others are concerned about the environmental impact of traditional meat production. Regardless of their motivation, one thing seems to be a common factor among consumers: they don't want to give up the experience of eating meat.
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