IRI: Consumers Seeking Bargains Amid Inflation
Grocery shoppers are on the hunt for deals with food-at-home prices rising 14.4% year-over-year as of July 31.
Grocery shoppers are on the hunt for deals with food-at-home prices rising 14.4% year-over-year as of July 31.
The food industry feels cold storage space helps hedge against volatile agriculture prices, but such space is in short supply of late.
Inflation helped boost sales of dairy products more than 16% in June, but consumers reportedly bought fewer units compared with 2021.
Food retailers are leveraging new food-waste programs to cut costs, improve sales, and better manage inventory with a limited shelf life.
Inflation means price-conscious shoppers are trading brand loyalty for promotion hunting habits, but smart grocers can still instill loyalty in their existing shoppers. In fact, grocers can even use this time as an opportunity to …
A new food technology partnership is bringing 24/7 made-to-order pizza to automated drive-thru restaurant units around the country.
Dollar General has increased its sales forecast as Americans have increasingly turned to discount chains amid inflation.
As more consumers pursue dietary patterns that improve personal and planetary health, some plant-based food producers are experimenting with a broader variety of protein sources.
Consumers are looking to create entertaining experiences at home, and retailers should emphasize premium alcohol products as a result, IRI says.
Tattooed Chef founder Sarah Galletti has noticed increasing demand for convenient, healthy, ready-made plant-based foods.
This article is written and sponsored by Kerry. When it comes to plant-based dairy, consumers want an authentic dairy experience. Whether it’s plant-based cheese, yogurt, ice cream or vegan snacks, the expectation is that the alternative …
PepsiCo has taken another step to grow its share of the energy drink market by taking a stake in Celsius.
Shrinkflation is hitting packaged foods, and consumers and producers both are growing anxious about inflation.
The canned cocktail trend is gathering momentum as the summer of 2022 rolls on.
As snacking trends around the world evolve, sustainability is emerging as a key theme across several markets, according to IRI.
Tea-infused cocktails are the latest drink trend on TikTok, signaling that healthy, affordable beverages resonate with consumers.
Retail media networks are emerging as inflation, shifts in consumer behavior, and increasing cost pressures change the future of food retail.
Store-brand baking mix sales are on the rise, as shoppers seek “from-scratch” taste without time-consuming work.
Hershey is in store for a Halloween nightmare of sorts, saying it won’t be able to meet consumer demand this October.
Beyond Meat shares made a slight recovery after falling on news McDonald’s may ditch its McPlant burger amid tepid results.
What the stock market is indicating in 2022 is that plant-based stocks aren’t likely to displace traditional offerings – only complement them.
Food manufacturers are looking to ingredient suppliers to provide sustainable options with the use of upcycling and regenerative agriculture.
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.
A slowdown in venture capital funding and growing prospects for a recession has restaurant tech firms tightening their belts.
While sales of plant-based meats have slowed, the category could be ripe for expansion as pricing moves closer to that of traditional meats.
Consumer concerns about discretionary spending pushed Dunkin’ Donuts and Starbucks traffic lower in June, new data show.
Sixty-one percent of shoppers in a Vericast survey said that one of their biggest challenges this year is rising price.
Many food companies are embracing regenerative ag to aid the environment – a movement that’s increasingly extending into aquaculture.
Food and beverage intelligence company Spoonshot has released its AI-generated list of food trends for 2023.
Private label is arguably more important than ever in the face of inflation, and digital recipes tend to get those products onto consumers’ plates.
Investments in plant-based meats have cooled off in the last year with many venture capitalists turning their attention to lab-grown meat.
Stuckey’s CEO Stephanie Stuckey has learned a lot about social media over the last three years, like the importance of telling compelling and sometimes personal stories.
Plant-based was the primary theme among ingredient companies exhibiting at the IFT FIRST annual meeting
The twin crop production enemies, drought and excessive heat, are putting unprecedented pressure on the global food supply via “heatflation.”
The twin crop production enemies, drought and excessive heat, are putting unprecedented pressure on the global food supply via “heatflation.”
The Problem Top two investor questions for a consumer startup? 1) Do you have product-market fit yet? And 2) What is the platform? Building a platform brand right from the start is the strategy equivalent …