As cargo thefts surge around the U.S., food and beverage commodities have become the top target, according to the latest CargoNet data. And the trend doesn’t show signs of slowing. CargoNet’s theft report revealed an …
2022 was a strong year for food and beverage stocks – and particularly the biggest manufacturers in the industry. On average, including dividends, General Mills, Kraft Heinz, Campbell Soup, Kellogg, and Conagra Brands returned 22.6%. …
As the post-COVID-19 world embraces digitization, legacy IT systems have become increasingly vulnerable to cyberattacks. As the 2022 Marcum Food & Beverage Survey shows, a majority of respondents reported that their technology systems were insufficient …
Whether it be supplements spouting unproven health benefits, or products to which harmful substances have been added, food fraud is a growing problem globally. Fortunately, experts say food companies can take careful steps to avoid the issue.
Now that Walmart has joined Target and Costco by raising their minimum pay to about double the federal rate of $7.25 an hour, fast-food outlets may have to consider boosting their minimum to $20 to …
A top executive with S&P Global Ratings said proper forecasting will be imperative for retailers this year, as fading uncertainty enables new opportunities.
After countless supply chain disruptions, and with a potential recession on the horizon, 2023 is set to be a transformative year for the grocery store segment. With that in mind, here are a few key …
The cancelation of the Alaskan snow crab season has upended an entire chain of fishing, restaurant, grocery, and wholesale industries with one of its seasonal (and most delicious) mainstays.
As of October 11, the U.S. has experienced a total of 15 billion-dollar weather and climate disasters this year, making 2022 the eighth consecutive year with 10 or more billion-dollar weather and climate-related disasters.
The well-documented diesel shortage in America is understandably causing concern across the country. But to what extent is the shortage cause for alarm for farmers and consumers alike? Opinions vary. From the pandemic, to the …
More than 500 foodservice leaders met in Greater Phoenix this week, to consider solutions for industry issues like the ongoing labor shortage and supply chain snags.
Oversized windows, offering ideal natural light. … Fitness centers. … Outdoor work areas. Don’t look now, but many of the newest factories in America feature items that sound like descriptions on Zillow.com. To retain employees, …
NASHVILLE, Tenn. – For supply chain success, all stakeholders from manufacturers to operators must collaborate openly and effectively. That was the general theme of the “Supply Chain Talent All Star Panel” at the DMA Nashville …
Florida’s citrus industry appears to have borne the brunt of Hurricane Ian. Reports from the region indicate that the damage could potentially be worse than after Hurricane Irma, which cut Florida citrus production by a …
Slightly more than a month before the mid-term elections, thousands of U.S. workers are threatening to turn October into “Striketober,” with restaurant workers at the forefront of the bid to increase wages and improve working …
Editor’s note: Article updated on 9/30: Hurricane Ian regained strength as it reached the Atlantic Ocean as the weekend approached, and the storm began moving toward the Carolinas as a Category 1 storm. Meanwhile, recovery …
Perhaps the biggest change in the equity markets over the past 18 months has been the sudden focus on profitability. For years, both public and private companies were allowed – more accurately, encouraged – to …
The supply chain continues to be a challenge for food importers, but the pain points are shifting. And despite media reports claiming a “downturn,” rates are still elevated when compared to the pre-pandemic period. That’s …
Instacart has launched several new features, including shoppable carts curated by celebrities, in an effort to broaden the appeal of the grocery delivery platform. Could these new features signal a transitional period for the grocery …
As inflation takes its toll on household finances, consumers are weighing their grocery delivery options. “Delivery continues to be very strong—averaging 9-11 percent of total store sales. Grocers are now planning for, and investing in, …
Beef eaters have a tough choice to make these days: switch to cheaper proteins or swallow the more than 11% increase in prices from 2020 levels, averaging $5.40 a pound in June.
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