The Future of Food Retail
Grocers continue to be challenged by the emergence of competitive C-stores, inflation, and a looming global recession.
Food Retail Archive > Page 13
Dollar Stores Are Becoming Problem for Grocers
Shoppers flock to dollar stores, attracted by their low prices and convenience, but opponents say they harm a community more than help by taking sales from traditional grocery stores. In some cases, they can lead …
The State of Wagyu in America
Wagyu often tops restaurateurs’ dinner menus as the cut de la creme, the luxurious and bougie beef, the apex protein for the apex predator armed with a sharp knife, a crisp vegetable, and an appetite for the sublime.
Analysts: Global Rice Shortage Likely to Last for Months
The ramifications of weather and war have resulted in a global rice shortage, which could be among the worst in nearly a quarter century. Rice production for 2023 appears destined for a severe shortfall. “The …
Shoplifting Has Become a $100B Problem for Retailers
The good news is the waning pandemic has allowed consumers to return to in-person shopping; the bad news is the return has been coupled with a sharp rise in retail shoplifting theft, a $100 billion …
The Inflationary Consumer: Fewer Trips but Bigger Carts
Consumers’ grocery shopping habits are changing as they grapple with inflation, leading to fewer trips but spending more during each visit. Between November 2022 and January 2023, average basket size rose 6% while number of …
What Convenience Means to Each Generation of Shoppers
Convenience is a high priority for most grocery shoppers regardless of demographic, but is especially high for millennials.
The Food Institute Launches FI Latam Content Platform
NEW YORK, April 13, 2023/FINewswire/– The Food Institute, the leading source for food industry news, data, and trends, announced today the official launch of “FI Latam” – The Food Institute’s Latin America-focused content platform. Elements …
How to Use Automation & Tech to Profit From Markdowns
For grocers, surplus food can lead to panic because they know that the longer products stay on the shelves, the less profit they yield. Many grocers still treat markdowns as an afterthought, however, which leaves …
Report: Food Prices Surge in Urban Areas
The pain of high food prices is especially acute in some major metropolitan areas, with August 2021 to August 2022 seeing the largest annual increase since the 1980s, a U.S. Government Accountability Office report found. …
Webinar Shows ‘Healthy’ Top of Mind for Consumers
The Food Institute was recently joined by two registered dieticians to discuss the state of wellness for the Food Industry. Marie Molde (MBA, RD) from Datassential and Barbara Ruhs (MS, RDN, RD) from Avocados from …
Social Media Holds Untapped Marketing Potential for Grocers
A new grocery insights report by MikMak noted key ways retailers can improve their social media marketing strategies – especially by utilizing YouTube.
Execs Offer 4 Steps to Survive a Recession
With some financial experts predicting a fairly significant downturn soon, here’s advice for recession-proofing your business.
Top Lessons Grocers Can Take From Walmart, Dollar General, and Kroger
Walmart, Dollar General, and Kroger are juggernauts in the grocery space, but each operates a very different format and each can provide lessons for other retailers.
Natural, Organic Food Sales on the Rise
Once was a niche product category, natural and organic foods have now become a thriving sector.
Driverless Delivery Trucks Quickly Becoming a Reality
Autonomous trucks with an empty driver’s seat may sound futuristic and far-off, but they’re already on the roads making deliveries in Arkansas and Ontario. Next stop? Kroger, in Dallas.
Carrefour Aims for Era of Profitability
Grocery giant Carrefour is shifting its focus from growth to profitability – and other companies may want to follow suit, according to industry executives.
International Cuisine, Natural Ingredients Could Define 2023
A new report suggests healthful ingredients, indulgent dishes, and exotic international cuisine could dominate menus in the months ahead. Cozymeal’s 23 Food Trends for 2023 report made it clear that products catering to the health …
New Technology Could Revolutionize Food-Allergen Testing
Stocking Sustainable Brands is Key to Preventing Trade Downs
The importance of offering sustainable products is hard to overstate — seven out of 10 consumers find sustainability more important today than they did two years ago, and more than half consider it “very important” according to Glow’s 2023 US Brand Sustainability Benchmark Report.
Top Trends from Expo West Include Evolving Plant-Based Protein
Natural Products Expo West 2023 put plant-based innovation on display. Here’s a look at the trends that were most apparent.
In the Age of Self-Checkout, Great Employees Can Offer Standout Experiences
Convenience is an important aspect of the modern retail landscape, from self-checkout lines to completely cashier-free stores, but frontline associates can still define the experience — particularly in grocery.
Report: Global Salt Consumption Spiraling Out of Control
The World Health Organization had hoped to reduce worldwide dietary salt consumption by 30% by 2025, but a report issued this month by the U.N. agency admits the plan is woefully off track. Sodium is …
How Food Processing Companies Can Build a Resilient Supply Chain
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Is AI the Future of Grocery Customer Service?
AI is the future of food retail. A recent study found that the global AI-in-retail market was worth $8.4 billion in 2022 and will jump to nearly $46 billion by 2032.
America’s Top 5 Grocery Loyalty Programs in 2023
As food prices continue to rise in these economically uncertain times, value is at the forefront of many consumers’ minds and grocery loyalty programs are more important than ever. But which grocery loyalty programs do consumers value most?
The Food Industry’s ‘Unique Vulnerabilities’ to Cyberattacks
Cyberattacks at food companies have sounded alarms throughout the industry, leaving many businesses wondering when they will be attacked.
Report: Less Than Half of Consumers Grocery Shop In-Store
Walking into a grocery store used to be how most people bought groceries, but now only 44% of consumers do most of their shopping on premises.
C-stores Innovating Foodservice Offerings
Convenience-store operators are embracing creativity. According to the National Association of Convenience Stores, 70% of C-store leaders say innovating foodservice offerings is a top priority. C-store customers seem ready for the innovation as well. …
How Omnichannel Experiences Build Loyalty
Providing a seamless experience is more than one great transaction—it’s using omnichannel opportunities to meet shoppers wherever they are.
Another City Bans Junk Food at Supermarket Checkout
Perris, California has become the second U.S. city to ban junk food at supermarket checkouts, replacing sugary snacks with healthier alternatives.
The Future of Digital Grocery is Data-Driven
Now that digital grocery has become normalized, future growth will depend on creating a service that can stand out from the competition.
3 Emerging Technologies About to Reshape Food Retail
Tech companies are transforming grocery retail with innovative solutions to common problems in the checkout aisle, on store shelves, and beyond.
Free Decatur Supermarket Shuttle Drives Shoppers to Publix
City officials in Decatur, Georgia have partnered with Publix to test out a free electric shuttle that drives shoppers to the supermarket following the closure of a downtown Kroger location.
NA Drinks & Wings Win Super Bowl Sunday
Chicken wings are cheap and beer is expensive. Amid inflation, brands need an omnichannel approach to reach consumers, especially as it relates to snacking.
Weakened Chicken Demand Pummels Tyson
Tyson Foods’ first quarter earnings missed Wall Street estimates as improved beef and pork supplies weakened demand for chicken, the company said. And chief financial officer John R. Tyson said the next quarter also will …