Meat lovers: USDA has good news for you. U.S. red meat and poultry producers had a banner year in 2015, according to USDA. During the year, the two industries combined for a record high of 94.3 billion-lbs. in production. Individually, U.S. poultry slaughter production hit a record high of 46.3 billion-lbs.
read moreIt's been quite a year for Chipotle Mexican Grill. As previously reported in the Food Institute Blog, Chipotle Mexican Grill has been on the offensive to woo back customers following disasterous foodborne-illness outbreaks in 2015. From free burritos to improved food safety to
Amazon has long been a pioneer when it comes to new methods of shopping. From Amazon Prime to Amazon Dash, it constantly works to find new avenues to deliver products into its customers' hands. However, when it comes to fresh food, Amazon has had to contend with traditional brick-and-mortar stores as customers are...
read moreFollowing a trend of food industry "megadeals," mergers in which two industry giants will become one, Walgreens and Rite Aid entered into a definitive agreement in October 2015, in which Walgreens Boots Alliance agreed to acquire all outstanding shares of Rite Aid. Much like other deals of this size, the two companies were expected to be required to divest some of their locations to avoid antitrust objections. If completed, the merger of the two companies will...
read morePork producers have long tried to make their products as popular as other meats, employing slogans like "the other white meat" to grab customers' interest. While beef and chicken still dominate the center of the plate, the pork industry has been largely successful in increasing market share. Annual expenditures of pork increased almost 20% from...
read moreBlue Bell Creameries had a rough year in 2015, after it was forced to recall all of its products due to listeria contamination at its facilities in Texas, Oklahoma, and Alabama. A total of ten people were infected with several strains of Listeria monocytogenes and three...
read moreTechnology is developing at an exponential rate, and it's not isolated to Silicon Valley startups. Food companies across the globe are starting to grapple with the use of artificial intelligence, virtual reality, and robotics in the production, marketing, and distribution aspects of their business. However, how will this affect the human side of their organizations?
read moreAh, yes. Millennials: everything you thought you knew is wrong, and everything you thought was right is about to change. In some variation or another, this headline gets repeated throughout the year as writers try to explain the attitudes, cultural nuances and, perhaps most importantly, spending...
read moreAmazon is wasting no time when it comes to expanding its grocery offerings.
read moreMeat has always been a staple of the American dinner plate, but how consumers choose to consume it is constantly changing. Along with a new focus on plant-based diets and the introduction of alternative proteins and "meatless meats," what Americans find important for the animal protein they do consume has also evolved.
read moreEarlier this year, Dunkin' Donuts launched cold brew coffee at its locations nationwide after a successful trial in the New England market. The program, which began in Los Angeles and New York City on June 27, appears to be a hit for the company, as it...
read moreC-stores were once seen as a place to grab grub on the go, but recently, operators in the industry have begun to propel the traditional c-store format to something that is closer to a grocery store or restaurant. Whether the store sells fresh produce or has a full kitchen for foodservice, customers are starting to rely upon these formats for some of their daily food purchases. And c-store operators are now investing in themselves at near-record rates.
read moreWe're now in the fourth quarter of 2016, and that means it's time to start thinking about the new year. It is also the beginning of the 2017 food trend predictions, which usually begin to bombard the industry in the last few months of the year.
read moreAmazon knows its Prime members are extremely valuable. They are the retailer's most loyal customers, they spend the most, and they generally search from products on its website before looking anywhere else. However, Amazon also knows it needs to make sure its members see Prime as a worthwhile investment, because if they don't, they will likely not renew their subscription when it ends. In order to demonstrate its value, Amazon has been adding perk after perk to its Prime service, such as its music library, video streaming, grocery delivery, and most...
read moreThe start of the new quarter is usually a busy time for companies as things reset a bit and the end of the year looms closer. These past few days have been particularly lively in regards to the merger and acquisition landscape of the food industry.
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