Tag: COVID-19

US vs. UK Inflation: Why Progress Differs

Inflation in Great Britain cooled significantly last month but still remains hot compared to other major western economies including the United States. Inflation in Britain cooled to 4.6% last month, compared to 3.2% in the …

The Early Bird Dinner Trend Is Sweeping the Nation

Consumers across the country are going out to dinner more often—and much earlier—than they were before the pandemic. Turns out, being an early bird isn’t all that special anymore. “Our data indicates that fine-dining customers …

QSRs Lamenting ‘Line Balk’ Trend

Much like remote working and zoom conferencing, long waits at the drive-thru line are a pandemic vestige that just won’t go away. And that’s causing line balk among consumers. As COVID-19 took hold in the …

Retailers Overloaded with Inventory at Summer’s Outset

Who doesn’t love a bargain? Consumers likely will be in luck this summer as retailers, whose inventories have swollen largely due to the pandemic and shifts in buying behaviors, try to rationalize their stocks amid …

Supply Chain Pain Continues to Snarl Global Shipping

While many thought global shipping bottlenecks would ease by mid-2022, a number of factors promise to extend supply chain pain into the near future. In 2021, supply chain bottlenecks were mostly a function of record …

Omicron Wreaks Havoc on Workforce

The COVID-19 omicron variant is impacting every corner of the food industry. Case in point: the 2022 Annual Meat Conference, scheduled for February 7-9 in Washington, D.C., has been canceled. The North American Meat Institute …

Discover the Power of Purple: The MaquiBerry from Chile

This webinar was sponsored by ProChile, Chilealimentos, and the MaquiBerry from Chile Committee.  Superfruits are often touted as having remarkable health benefits. Many consumers already know of about superfruits such as blueberries, blackberries, raspberries, acai …

What’s Ahead In 2022?

The food and beverage industry has gone through tremendous change over the past 12 months. 2021 has shown us that this industry can adapt quickly and pivot in the face of adversity. But what lies ...

Food Industry Financials: Inflation, KR, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: inflation analysis, food commodities outlook, The Kroger Co. (KR) earnings digest, and more. …

HelloFresh Outpacing Meal Kit Competition

Meal-kit supplier HelloFresh has enjoyed a notable uptick in popularity since the outset of the pandemic. And, even as COVID-19 vaccinations have increased and consumers have started to dine in restaurants more and increase their …

Food Industry Financials: Employment, SJM, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: employment, earnings from The J. M. Smucker Company (SJM) and more. Is America …

Advertisement
FI-Home-NEW-2020Gaps
FI-Home-NEW-2020Gaps
Advertisement

Food Industry Financials: Inflation, CBRL, SAFM, and more

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: food inflation, earnings from Cracker Barrel (CBRL), Sanderson Farms (SAFM), Costco (COST) and …

Outlook Bright for Non-Alcoholic Beverage Market

The mindful drinking movement has been gaining traction for several years, with “sober curious” consumers opting for no- or low- alternatives to reduce their alcohol intake.   Throughout the pandemic, demand for non-alcoholic beers, wines, and spirits increased, with consumers drinking most frequently while relaxing at …

Restaurants’ Latest Challenge: A Cicada ‘Tsunami’

As if the lingering pandemic hasn’t caused enough headaches for restaurant operators, a new issue has emerged: Cicadas – lots and lots of cicadas. For the past 17 years, so-called Brood X cicadas have slowly …

Foreseeable Future Appears Bright for Grocers

Online grocery usage has skyrocketed in recent years: 73% of consumers had purchased grocery items online within the last three months, compared to 17% in 2017, according to a survey by Power Reviews. Of course, …

Delivery Platforms Experiencing Upheaval

In many ways, the pandemic has been a boom time for third-party delivery platforms, which have benefited from consumers largely hunkering down at home and summoning dinners to their doorstep. But business is rapidly changing …

Tracking the Success of Wendy’s Breakfast Relaunch

Wendy’s relaunched its national breakfast menu just weeks before states began issuing stay-at home orders due to COVID-19. While breakfast sales at most fast-food chains stagnated during the pandemic, the Wendy’s breakfast menu performed surprisingly …

Foodservice Distributors Heavily Impacted by COVID-19

Sysco Corp.’s fiscal second-quarter results came in below analysts’ estimates on pandemic-related constraints, with the Houston-based food distributor posting adjusted earnings of $0.17 per share, well under the Zacks consensus estimate of $0.35 per share …

What the Food Industry Needs to Know About COVID-19 Relief

After months of uncertainty, 2021 looks more promising than one might assume for the food industry. For starters, Congress’s recent COVID-19 relief bill should provide a measure of assistance to restaurants and beer manufacturers alike. …