Chinese E-commerce Upstart Temu Gunning for Amazon
E-commerce company Temu is currently playing David to the Goliath of Amazon, but U.S. shoppers have taken notice of the inexpensive offerings.
Tag: ecommerce
Expert: TikTok Shop Offers Huge Opportunity for CPG Companies
In September, TikTok became more than a video sharing social media platform. The app known for dance fads, cooking demos, viral challenges and conversation duets is taking on e-commerce. TikTok Shop, which launched for all …
How to Win Over Evolving Omnichannel Shoppers
Common sense wins the day in most respects, and a little data goes a long way toward verifying collective gut-checks, especially during inflationary years. And though the U.S. has landed a little softer than feared …
The Future of Digital Grocery is Data-Driven
Now that digital grocery has become normalized, future growth will depend on creating a service that can stand out from the competition.
8-bit Branding: How the MetaMarket is Changing Retail
The MetaMarket is just one of innumerable meta platforms emerging in web3, and it’s time for food industry stakeholders to learn, participate, and grow.
Consumers Care About Last Mile Sustainability – Which Can Boost Grocers’ Bottom Line
Grocery delivery is here to stay, but the option can be costly for grocers. Here is expert advice from fulfillment professionals on how to maximize profitability.
Case Study: The Keys to Kroger’s Omnichannel Success
Grocery delivery is here to stay, but the option can be costly for grocers. Here is expert advice from fulfillment professionals on how to maximize profitability.
Report Shows Modern Consumers Demand Transparency from Brands
Industry insiders say retailers must offer deeper product information – beyond just labeling – to attract the attention of today’s consumers, many of whom demand environmentally friendly products.
Rising Gas Prices Prompt Changes in Shopping Habits
With gasoline prices topping $6 a gallon in some parts of the U.S., consumers have been rethinking their shopping habits, opting against multiple trips and turning to superstores and online solutions to cut down on …
How Albertsons Aims to Conquer Digital Grocery
The past few years have primed grocers to explore new opportunities that can better meet changing shopper habits. Albertsons is planning to draw on customers’ newfound comfort with ordering online, combined with their interest in …
What Are the Top Online Grocery Pain Points?
It’s been over two years since the start of the pandemic, a span in which many consumers began ordering groceries online for the first time. Though significant improvements have been made along the way, there …
Crisp Executive Sees Supply Chain Problems into Next Year
Supply chain backups are easing – if ever so slightly – according to one industry executive. “As economies open back up, there are fewer restrictions on the movement of people and goods,” Barry Bradley, head …
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, …
What’s Ahead In 2022?
Frozen Meat Market Appears Poised to Heat Up
This article is written and sponsored by Transparency Market Research. E-commerce trends and consumers’ increasing desire for convenience have helped fuel growth in the frozen food industry. According to a report by the American Frozen Food …
FI Studios: The Secret Ingredients to Chip City’s Success
How does a business go from one small storefront to 9+ locations in 4 years, with no outside capital? In this latest video, The Food Institute conducts a case study of Chip City, an NYC-based …
Experts: Inflation, E-Commerce Require Companies to Rethink Strategies in 2022
During CPG Growth Strategies in an Inflationary 2022 – a recent webinar presented by IRI and RBC Capital Markets – experts noted what to expect in the months ahead regarding food prices, the labor pool, …
Did Amazon Lie to Congress About Business Practices?
Five members of the U.S. House Judiciary Committee wrote to Amazon.com’s chief executive and accused the company’s top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon’s business practices, reported …
Author: Gen Z Consumers Seek Brands with Clear Purpose
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 …
Buy Now, Pay Later Services Grow as an Alternative to Credit Cards
“Buy now, pay later” (BNPL) options are growing in popularity for larger purchases. Retailers, such as Walmart, are seeing a year-round boost from this purchasing option and are doing away with traditional layaway programs, reported CNBC …
Online Grocery and Delivery Companies Find Success Owning the Supply Chain
While Amsterdam-based e-grocery platform Picnic recently made headlines by raising $707 million in a Series D funding round led by the Bill & Melinda Gates Foundation, perhaps the bigger news is how Picnic and other food …
How the Food Industry is Tackling Food Waste – Latest Innovations and Trends
How Misfits Market Doubled its Valuation Overnight
Online grocer Misfits Market Inc. nearly doubled its valuation in just five months, making it a unicorn twice over. The direct-to-consumer e-commerce platform buys so-called “ugly” produce from farmers that cannot be sold to stores for aesthetic reasons …
GUEST COLUMN: 5 Predictions for the Wine World
What will the post-pandemic future hold for wine retailers? The global wine sector is large and highly fragmented, so it’ll take some time to fully measure and understand COVID’s impact on the segment. For wine …
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Online Delivery Boosts Prospects for Amazon Fresh
Since acquiring Whole Foods for $13.7 billion in 2017, Amazon has been looking to further expand into the $900 billion U.S. grocery industry through its Amazon Fresh stores. And, with online grocery delivery growing about …
Online Grocers Already Deliver for Consumers. What About Investors?
Digital grocery delivery startups across the globe continue to attract sizable investments from venture capitalists. New companies have already raised over $10 billion in 2021, reported CNBC. (July 2) “Delivery grew more than 400% between …
DTC Delivery, New Flavors Key to Alcohol Growth
The pandemic, revision of direct-to-consumer delivery laws, and development of new flavors helped lift U.S. distilled spirits consumption in 2020, but it was unclear whether the trend would hold. IWSR reported consumption was up 2% …
The Future of Food Retailing and The Accelerated Digital Age
Against the Backdrop of Prime Day, Amazon Eyes Online Grocery Sales
While consumers have a general understanding of how Amazon.com disrupted the retail landscape, most probably don’t know how the company’s signature sales event, Prime Day, also forced the industry to pivot. And with e-commerce sales …
The Omnichannel Shift Transforming CPG Companies
For the last 5 years, many people believed that CPG e-commerce would be dominated by an Amazon-like model based on fulfillment from warehouses. This deeply impacted their organization, ways of working and analytics. However, shoppers …
Rapid Digital Convergence Propels Shift to Omnichannel Commerce
Pandemic pressure from consumers has supercharged e-commerce technology and triggered its rapid adoption, ultimately blurring the boundaries between traditional food categories like never before. The stage is now set for an omnichannel future wherein providers …
FI Fast Break news: June 10, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down QSR menu price hikes, alt-meat’s ascent, and the so-called “meme-stock” trend that’s starting to impact restaurant chains. The Food Institute Podcast · …
FI Retail Roundup: Amazon’s Prime Day Plans Prompting Shift in Competitors’ Mindset
As COVID-19 eases in the U.S., retailers are preparing for business in a new, post-pandemic paradigm. Here are some recent highlights: Amazon Prime Day Amazon Prime Day always has a big impact on the company’s …
FI Fast Break: June 3, 2021
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the JBS cyber attack, Tesla’s reported restaurant plans, and the abrupt departure of Tyson’s CEO. The Food Institute Podcast · FI Fast …
Analyst: Fresh Opportunities for Growth in Grocery E-Commerce
Grocery e-commerce spending increased by an eye-opening $26 billion in 2020. When the dust settled by year’s end, the 84% jump accounted for 9.5% of all U.S. food and beverage sales. According to a recent, …
Increasing Sales through Connected TV and Display Ads
Increasing sales through connected TV and display ads may seem difficult during a pandemic, but that’s precisely what Filippo Berio and Valassis set out to do. In this episode of the Food Institute Podcast, Filippo …