A new survey revealed that substituting store brands for name brands can save consumers $17 on a Thanksgiving dinner for 10. Still, many families weigh cost savings against the sentimental value of using specific ingredients tied to cherished holiday recipes.
While industry experts note that yogurt remains popular due to its ties to gut health trends, they emphasize the need for innovation in portable, health-focused products for brands to stay competitive amid shifting consumer preferences.
Private equity firm Blackstone on Tuesday announced its $8 billion acquisition of Jersey Mike’s. One industry insider feels the blockbuster deal signals an optimistic outlook for M&A in the sector.
7-Eleven parent Seven & i Holdings Co. recently outlined plans to update its domestic footprint with improved food experiences. This could be a winning strategy for a business that has faced headwinds of late.
