“By 2030, visiting a Target, Walmart, or Costco won’t just be about shopping,” said Diana Zheng, head of marketing at Stallion Express, a leading e-commerce shipping company from Canada, “It will be an experience. An immersive experience. A personalized experience, even a social experience.”
“Consumers seek out chocolate and candy to help enhance holiday seasons, family celebrations, and those important ‘treat yourself’ moments,” said John Downs, president and CEO of the National Confectioners Association, in a statement.
One great benefit of loyalty programs is that they help businesses, like restaurant chains, build a relationship with a customer. To inspire consumers to join your program you can use price or other incentives.
The current line of Cinema Sweets launched in December and sales have been brisk. “We’re quite pleased,” he said, brandishing an R2-D2 popcorn holder from a Star Wars release years ago, “and it’s definitely been a good launch for us across more than 550 domestic theaters.”
Informed consumers, concerned about the potential health risks associated with chlormequat, are increasingly turning toward organic oat products as a precautionary measure to minimize exposure to this and other chemicals of concern.
According to the USDA, global cheese consumption is projected to reach a record high of 21.6 million metric tons this year. Cheese consumption is up 5.7% compared to five years ago.
Josh Linkner issued the opening keynote for the COEX 2024 and noted that creativity and innovation was critical for continued growth and success. He also noted that research had found all humans are naturally drawn to creativity, but that it manifested in different ways.
The annual State of Digital Report by Qu revealed that food kiosks are the top priority this year for QSRs and fast-casual restaurants.
It’s not hard to understand why these companies have found success in a challenging environment. These are comfort food manufacturers (among other things!) whose identities, infrastructure, and revenue are built upon foods people reach for when they’re feeling down, feeling squeezed, or both.
“There’s no question that aquaculture needs to grow, and I think it’s just a matter of time before it takes off in the U.S.,” Austin Caperton, the CEO of Appalachian Salmon in West Virginia, told FI.
Could a shorter, 4-day work week be the answer to employee happiness and increased productivity? The debate continues among experts.
From chefs to retailers to restaurant operators, catching fire with a dish that went viral on TikTok can ignite a fan base (and bolster quarterly revenue).
Such a fusion of different species opens new possibilities for sustainable food production, addressing issues such as food scarcity, environmental impact, and ethical concerns associated with traditional agriculture practices.
“Tomorrow’s winners will vary how they generate demand across their portfolios, with mass activation for their biggest brands and more targeted treatment for niche and insurgent brands,” Kyle Weza, global co-lead and brand accelerator for Bain & Company, said in the report.
The Pitbull-launched intra-store restaurant is part of a larger, $9 billion plan to make “upscale changes” to stores and bring in more recognizable and coveted brands and influencers. For Walmart, pairing with the king of collaborations is a natural choice.
Nutritionists hail bison as the other red meat, not that different in taste and nutrients from beef, but with a greater concentration of iron and fatty acids along with less fat.
Juice It Up!, a restaurant chain focused on healthier-for-you offerings like super fruit bowls, has recently enjoyed a 38% sales surge.
A new study indicates that the Atlantic diet could be as healthy as the Mediterranean diet, despite Atlantic’s higher allowance of carbs and dairy products.
The market for GLP-1 drugs is expected to reach $100 billion by 2030. Manufacturers and brands who want a piece of the low-sugar pie, so to speak, will have to offer the same.
Americans are turning away from breakfast cereal, and that’s got cereal manufacturers seeking fresh innovation to bring consumers back to their bowls and the breakfast table.
“Brands that genuinely commit to regenerative agriculture can build strong connections with consumers who prioritize regeneration,” says Michael Ham of Wild Orchard Tea Company. “This can result in long-term brand loyalty and positive associations with environmental responsibility.”
From number-crunching untold volumes of data to helping streamline inventory, supply chain, and predictive market trends, there is no digital limit to what AI can help operators achieve.
Since its spin-off from Ralcorp, Post has spent over $10 billion on acquisitions. It has taken impairment changes relative to acquired assets of less than $300 million. Meanwhile, off a cereal business worth about $2 billion, Post and Bellring are now worth over $20 billion combined (including the respective companies’ debt).
Despite some titans of the pantry and cookie jar winning in their categories (Keebler’s Chips Deluxe Fudgy in the Cookie category; Dr. Pepper Strawberries & Cream in Soft Drink), better-for-you offerings not only abounded but won several snacking categories.
The least expensive products will start at just $1.99 and range from apparel to supplements, vitamins to technology, and more. Many of the offerings will be exclusive to Target and complement its dedicated online wellness destination that features ideas, meal inspiration, and more.
Dunkin’ Donuts’ shift to simply Dunkin’ serves as the gold standard in the contemporary rebranding landscape.
Many brands miss the mark when they attempt to connect with Gen Z – a cohort that’s now coming into economic power.
For ketchup manufacturers, #TheKetchupChallenge is a welcome crimson blip on the mid-winter radar. Ketchup sales are up 7.6% in the 12 weeks ending February 2, 2024, outpacing mustard, jams, honey – even mayonnaise – as unit sales are also up 2.0% during the same period.
EV charging stations outside, stores within stores inside, sprawling beauty sections, niche products, reimagined loyalty programs – the battle for foot traffic is cutthroat as the economy roars to life.
Cocoa prices are nearly 65% higher than they were one year ago, and New York futures prices have hit a 46-year high.
Thousands of people just recently descended upon Berlin, Germany for the world’s largest produce show – Fruit Logistica – upstaging even Fashion Week taking place that week as well.
What is the alchemy for an effective Super Bowl commercial? According to experts, for an ad to stick in football fans’ memory, it needs to feature a few key elements.
Employees at Chick-fil-A’s 3,000-plus locations “are trained to genuinely care about the customer’s experience,” said Courtney Haywood, a brand manager and the CEO of Courtney Haywood Agency Partners.
PepsiCo’s latest earnings call revealed net revenue of $91.5 billion for the fiscal year and $27.9 billion in Q4.
The Pescaria’s signature dish is a fish sandwich composed of one thick slice of partially hollowed-out round bread, two pestos/oils/mayonnaises, a cheese, a fish, some vegetables (raw and cooked), and a smaller slice of bread on top with a tortoiseshell pattern. The bread’s texture is crispy on the outside and pleasantly chewy on the inside.
Though the cost of many grocery items – like beef and poultry – continues to increase, organic food sales continue to rise.
