Discount grocers like Aldi and Lidl have been successful overseas for years with their low prices and no-frills attitudes. In the 12 weeks ending Oct. 8, 2017, Lidl continued to be Britain’s fastest growing supermarket, up by 16%, while Aldi grew by 13.4%, according to Kantar Worldpanel. Aldi and Lidl collectively added $516.6 million in sales the quarter,...
read moreVoice-ordering devices. Smart thermostats. Mobile-connected cameras. Even Internet of Things-enabled fridges that allow for re-ordering: It seems brands and retailers want to get into consumers' homes, but the level is accelerating.
read moreThis past week has been a busy one for M&A in the food industry. The Food Institute tallied a whopping 17 deals in the U.S. alone, with four more occurring internationally. Below is a preview of some of the most notable deals.
read moreThe third wave coffee movement is described by the industry as an effort to promote high-quality, artisan coffees and increase the general public's coffee knowledge from a standard cup of coffee to the world of cascara and French press. An increasing number of high-end independent coffee shops are seeing success due to consumers' boosted interest in specialty coffees, and even chains like Starbucks have entered the movement with its Reserve Roastery concept. However, with each new movement comes pros and cons, and one could argue that the third wave movement is leading to an industry...
read moreAll supermarkets have had to become smarter and more responsive in this new era of food retailing as options become wider for consumers, and mergers such as the Amazon/Whole Foods Market deal make it harder to compete. However, some chains are taking a more comprehensive...
read moreLed Zeppelin released Led Zeppelin II on Halloween of 1969, and the following year, "Whole Lotta Love" was released as the lead single for the record. Although an interpretation of the song's lyrics might not be appropriate for the Food Institute Blog, if you read anything on the internet yesterday morning, you might understandably believe it was an ode to the most important ingredient in granola.
read moreEvery year, the Food Institute staff spends three months scouring the top food industry developments from the past year to compile into one, comprehensive year-in-review. This flagship publication, which turned 31 this year, has established itself as the go-to resource for...
read moreIf you regularly read the Food Institute Blog, or are following the retail industry in any capacity, you know that e-commerce is posing a real threat for brick-and-mortar stores. However, up until now, most of the statistics have be projections, with analysts claiming that online sales will...
read morePesticides and herbicides are a controversial subject of discussion in the food world. Some would argue they are absolutely vital to a thriving food system by ensuring pests and invasive weeds do not decimate crops, while others would argue that the potential health risks presented by the chemicals outweigh the positives. But there would seem to be another danger with some pesticides. In particular, dicamba is raising questions.
read moreIf you've been following the Food Institute in any capacity over the course of the past year, you know we've been keeping our eyes on sugary beverage taxes, or "soda taxes." We've reported on some benefits and some of the negatives, but this is a first: Cook County, IL, repealed its soda tax.
read moreSince its inception, Walmart has always been a behemoth in the brick-and-mortar retail industry. It quickly became one of the top retailers for a whole host of products, including grocery items. However, with the advent of e-commerce and the emergence of companies like Amazon, being a leader in brick-and-mortar is no longer enough. Now, Walmart is trying to innovate in the e-commerce space, to maintain its place at the top of the retailing industry.
read moreThere’s a lot to be optimistic about in the food and beverage industry. Manufacturers have continued their solid run over the past year, and the near-term outlook looks bright as well. But in an industry as broad and dynamic as this one, changes in one segment can have widespread effects.
read moreWhen you go to the supermarket and grab an item, what is the first thing you check? The nutrition label might be a logical answer, but for many Americans, this might not be the case. Regardless, such labels provide a snapshot of the nutrition of a food item, and those labels were set to be retooled in coming years to provide customers...
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