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Candy & Spice and Everything Nice: Holiday Hits Retail Earlier Than Ever as Spending Shrinks
It’s not just the days that are getting shorter – the amount of time between glimpsing ghouls and buying roof clips for Rudolph is shrinking, too. Home Depot sold out of its first run of …
Growing Up – CEA & The Future of Indoor Farming
What’s next for the controlled environment agriculture (CEA) space after a spate of bankruptcies and rising inflation?
Retail Media Networks Are Poised to Explode
Believe the hype – major American retailers and grocers are spending big money on retail media networks (RMNs). Walmart has Walmart Connect. Target reaches consumers using Roundel. Kroger has its Precision Marketing network, Albertsons its …
Prime Day Deals Could Spur Retail Revival
Amazon’s two-day Prime Day event starts July 11, and retailers are hoping it lifts the restraint consumers have been exhibiting since the beginning of the year. Call it Christmas in July. The annual sales orgy …
Will Competitors Copy Walmart and Amazon’s New Fulfillment Strategies?
Walmart and Amazon, the top two retailers in the U.S., are both making big changes to their fulfillment strategies for online orders, aiming to ramp up next-day delivery. WALMART’S HUGE NEW HIGH-TECH CENTER Walmart recently …
Analysis: Is AI Destined to Revolutionize Labor?
There’s nothing artificial about the hype surrounding AI. The technology that spawned the wildly popular ChatGPT chatbot has food industry leaders intrigued. Yet, most executives seem intent on tempering expectations regarding AI reshaping the workforce. …
The Route to Market (& Me) – Amazon Fresh & The Evolving Consumer
“What is the route to market?” Carroll wondered. “That’s what we all used to say – ‘what is the route to market?’ Today, though, it’s the route to me. Give me what I want, when I want it, as conveniently as possible.”
Grocers Tap into Health and Wellness Trends
Grocers looking to stand out can tap into two trends: the demand for healthy foods and growing interest in cooking at home.
Analysis: What’s Behind Mass Layoffs in Warehouse, Tech Sectors
As the U.S. Federal Reserve attempts to slow the economy in the battle against inflation, major e-commerce, tech companies and other businesses have announced tens of thousands of layoffs. Is the wave of job cuts …
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.
FI Fast Break audio news: March 22, 2023
The latest Food Institute news podcast touches on Amazon’s recent announcement of layoffs and its concerns in general.
Upping the Ante: Walmart Joins List of Retailers Increasing Pay
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 …
Smart-Voice Technology: Coming Soon, to a Drive-Thru Near You
In a world of fast-changing consumer demands, the classic fast-food drive-thru window is evolving. From doubling lanes to fully digital menu boards, restaurants have made all kinds of improvements to the drive-thru service. With technology …
2023 Labor Outlook: Layoffs, Automation on Horizon
Inflation threw a wrench into pandemic recovery, and with interest rates rising and the threat of a recession looming, the 2023 labor market could look very different than it does today. Major tech companies have …
FI Fast Break audio news: Nov. 23, 2022
The latest FI news podcast touches on the rising demand for ingredients like chocolate within the ice cream industry.
FI Fast Break audio news: Nov. 16, 2022
The latest FI news podcast updates the push toward automation throughout multiple elements of the food industry.
Column: Why Investors are Wary of Kroger-Albertsons Merger
The U.S. Federal Trade Commission will need to approve Kroger and Albertsons’ planned merger, and that agency has taken a skeptical view of corporate consolidation in recent years.
The Keys to Marketing to Gen Z Consumers
Which brands are most popular among Gen Z? That question was examined in depth in a recent Morning Consult report. And, included among social media brands like TikTok and gaming entities like Twitch, plenty of …
As Food Recalls Mount, Experts Urge Food Safety ‘Culture’ Change
Recent food recalls illustrate a “disturbing” lack of food safety culture, according to Dr. Vanessa Coffman. One in six Americans fall ill from foodborne illness annually these days. Making matters worse, the public is often …
Retail Loyalty Programs Now Include… Video Streaming?
Retailers are looking to outside partnerships and personalized benefits as ways to boost the perceived value of their subscription offerings.
The Plunge in Plant-Based Stocks is All About Expectations
What the stock market is indicating in 2022 is that plant-based stocks aren’t likely to displace traditional offerings – only complement them.
FI Fast Break audio news: July 13, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine food companies’ sustainability initiatives, growing economic pessimism, and more. The Food Institute Podcast · FI Fast Break News – July 13, 2022 The …
Amazon’s Grubhub+ Offering Signals New Approach to Loyalty
Food-based add-ins are playing a larger part in Amazon’s subscription plan, as retailers across the industry seek ways to combat fading customer loyalty and reduced spending. The addition of a year of Grubhub+ to Prime …
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Amazon Expands Food Operations with Grubhub Deal
Amazon.com is expanding its food-related operations. The online commerce giant agreed to add Grubhub to its suite of Prime services in the U.S., in a deal aimed at expanding the food-ordering company’s reach by tapping …
FI Fast Break audio news: July 6, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the restaurant industry’s evolution, the growth of frozen breakfast foods, and more. The Food Institute Podcast · FI Fast Break News – July …
Cashierless Tech Creating New Channel for Growth
Image courtesy of Whole Foods Market Cashierless stores are a promising technology that could redefine how shoppers interact with grocery stores, but the field is still in its relative infancy, with experimentation ongoing. While solutions …
Analyzing Whole Foods Foot Traffic
A new report from Placer.ai, titled Placer Spotlight: Whole Foods’ Journey Since the Amazon Deal, takes a closer look at Whole Foods foot traffic data over the past several years. Here are some key takeaways: …
Teen Spending Up, Interest in Plant-Based Down
Teens are spending more money (+9%) and food is a top priority, according to Piper Sandler’s Taking Stock with Teens Spring 2022 survey. With these themes in mind, below are key findings that food industry …
Drone Deliveries to Take Flight by 2025 – at Steep Cost
We may not have George Jetson’s flying car quite yet, but we could soon be getting a significant amount of our deliveries by drone if Amazon and Chili’s have their way. Amazon has been talking …
Expert: Amazon Unionization Unlikely to Alter Labor Movement
The successful unionization effort at Amazon’s Staten Island, New York, JFK8 warehouse – a first at the company in the U.S. despite years of activism – may have been a major victory, but it doesn’t …
Can Plant-Based Innovation Boost Store Brand Sales?
On the heels of a stagnant sales year for store brands, Amazon and Kroger are bulking up their private label portfolios with plant-based products. Is category innovation on the horizon? The Food Institute Podcast · …
Amazon Reports Higher Sales and Prime Membership Price Hike
Amazon sales continue to rise, with the e-commerce giant reporting fourth-quarter sales grew 9.4% to $137.4 billion. Notably, Amazon had its biggest-ever Black Friday to Cyber Monday holiday shopping weekend. Further, during the holiday season, …
Retail Rankings: Value, Digital Strategies Key Factors in Winning Customers
The past year has been hugely impactful on the world of grocery. Dunnhumby’s latest Retailer Preference Index (RPI) dives into who saw success this year and how they got there, as well as the effects …
Are Autonomous Vehicles the Next Big Thing in Delivery?
Third-party delivery services like Instacart, UberEats and DoorDash have taken the world of grocery, retail and restaurants by storm. So, what’s the next great innovation for these segments? It could be autonomous delivery, using vehicles …
Amazon Fresh a Bright Spot for Company Amid Challenging Q3
Since the first Amazon Fresh opened in September 2020, Amazon has expanded the number of brick-and-mortar grocery store concepts to 19 stores nationwide — and foot traffic has been increasing. Physical store sales were a …