In 2023, we also saw a growing trend among consumers to adapt their buying habits to save money by trading down and prioritizing cost savings over quality, with 66% of consumers seeking out less expensive goods in 2023.
As more distributors move to online ordering, organizing data is essential to providing operators with info like analytics. AI can help.
Many brands miss the mark when they attempt to connect with Gen Z – a cohort that’s now coming into economic power.
SIRL’s mission is to build the most scalable, robust, accurate, and feature-rich Real-Time Location System (RTLS), and to broadly take this technology to a multitude of markets.
Consumer research platform Attest found that 88% of American adults are willing to ditch their preferred brands to save money in 2023.
How will consumer behavior shift as prices climb amid inflation? Most c-suites – in food business, and beyond – are inadvertently approaching this question with a purely rational framing, evaluating the marketplace as if every …
Following in the footsteps of Millennials, Gen Z has taken a liking to chains such as Olive Garden and Starbucks, proving everything is cyclical, according to Piper Sandler’s latest Taking Stock with Teens survey. The Food …
On countless occasions during her career, Kerrie Lopez wished she had analytics to back up an idea. That said, Lopez, the head of merchandising marketing with Thrive Market, is careful not to rely on analytics …
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the latest innovations in plant-based protein, a predicted slump for delivery apps, millennials’ favorite brands, and more. To listen, click the play/arrow button …
