Focus Archive > Page 26

3 Keys for Employee Retention in 2023

The past few years have presented numerous challenges to business owners, including an ongoing labor shortage. The hospitality industry certainly isn’t immune to the struggles of employee retention. “For a long time, the hospitality industry …

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 …

Breakfast Costs Continue to Climb

Americans may have to start rethinking breakfast as eggs flirt with $5 a dozen and with orange juice prices set to jump because of a poor Florida citrus crop and low cold storage stocks. “Even …

Safeguarding Against Cyberattacks in the F&B Industry

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 …

Food Fraud Awareness Increasing

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.

COLUMN: Let’s Learn from the Demise of Freshly

The public markets (and strategic firms) aren’t kind to businesses that don’t make much money and then stop growing. The recent shutdown of Freshly shocked many of its consumers, but not those following the ~$6B …

Report: Gen Z, Millennials Boosting Candy Sales

New research suggests many consumers have an undeniable sweet tooth these days, and candy sales back that up. A report by the National Confectioners Association (NCA) revealed that non-chocolate candy is the second-largest selling confectionery …

Report: Alcohol Increasingly Part of Super Bowl Parties

It appears overall alcohol consumption will be up at Super Bowl parties this year. Research by retail insights company 84.51°, however, shows an eye-opening drop in planned alcohol consumption among younger adults this year.

Plant-Based Meal Kits Keep Growing

As pandemic demand for meal subscription services dwindles, the industry continues to evolve — for better or worse. Could plant-based varieties boost overall market growth in the year ahead?

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What Food Companies Can Do to Mitigate Cyber Risk

The food and beverage industry has proven to be a vulnerable target for cyber criminals this year. At least 40 companies in the sector have suffered cyberattacks, of which ransomware events have been the most …

Expert: Price Hikes Could Moderate this Year

Consumers could be getting a break with companies like Conagra Brands, maker of Hunt’s ketchup and other popular packaged groceries, pulling back on price hikes following last year’s worst inflation in four decades. In its …

Chicken or the Egg? HPAI’s Impact on Pricing

On the surface, the appearance of highly pathogenic avian influenza (HPAI) in 2022 should have pushed prices up for both chicken and eggs at an equal level. But anyone keeping an eye on supermarket shelves …

Shortages of Potatoes, Onions Send Industry Scrambling

Bad potato and onion crops, coupled with cost and availability issues, may have consumers hearing, “You want zucchini sticks with that burger?” Portillo’s CEO Michael Osanloo said supplies of onion rings and French fries have …

Survey: Consumers Already Bracing for Recession

Though experts still are split on whether the U.S. Federal Reserve’s inflation-fighting moves will plunge the economy into a recession, consumers apparently aren’t waiting for the official figures, already trimming their grocery bills and choice …