Tag: food inflation
The Scary Truth: Inflation Impacting Halloween Plans
This fall, candy manufacturers are faced with a frightening reality: many shoppers are planning to ease back on Halloween-related purchases. A new Halloween Spending Trends report revealed 73% of Americans said their shopping for the …
Food Inflation Outlook: 2023 and Beyond
Food Prices Negatively Impacting Consumers’ Outlook on Inflation
Food inflation has been a major contributor to CP’s steady climb, and is negatively impacting consumers’ outlooks on inflation in the future.
IRI: Creating Revenue Opportunities Amid Inflation
With the U.S. inflation rate at an elevated 8.7% for July 2022, consumers, manufacturers and retailers alike must remain agile to adapt to ongoing economic pressures. “The past few years of COVID-19 have brought enormous …
FI Fast Break audio news: Aug. 3, 2022
The latest Food Institute news podcast touches on the latest in vertical farming.
FI Fast Break audio news: July 27, 2022
The most recent FI Fast Break news podcast touches on the evolution of the food hall concept.
FI Fast Break audio news: July 20, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we update worsening drought conditions in the U.S. and Europe. The Food Institute Podcast · FI Fast Break News – July 20, 2022 The FI …
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 …
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 …
FI Fast Break audio news: June 29, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine inflation’s impact on small-business owners, and how much 4th of July cookouts could cost this year. The Food Institute Podcast · FI Fast …
FI Fast Break audio news: June 22, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the prospects of a looming recession, rising gas prices, and more. The Food Institute Podcast · FI Fast Break News – June 22, …
FI Fast Break audio news: June 15, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the growth of the specialty food market, and Coca-Cola’s unique new cocktail in a can. The Food Institute Podcast · FI Fast Break …
FI Fast Break audio news: June 8, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine inflation’s global impact, and Smucker’s costly recall. The Food Institute Podcast · FI Fast Break News – June 8, 2022 The FI Fast …
FI Fast Break audio news: June 1, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how supermarkets are fighting inflation, the industry’s increased automation, and more. The Food Institute Podcast · FI Fast Break News – June 1, …
FI Fast Break audio news: May 25, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine Mexican cuisine’s popularity growth and Arby’s bold menu addition. The Food Institute Podcast · FI Fast Break News – May 25, 2022 The …
FI Fast Break audio news: May 18, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the struggles of many ghost kitchens and update the baby formula shortage. The Food Institute Podcast · FI Fast Break News – May …
FI Fast Break audio news: May 10, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine just how long the Great Resignation might last. The Food Institute Podcast · FI Fast Break News – May 10, 2022 The FI …
FI Fast Break audio news: May 4, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: weakening consumer confidence, a surge in America’s snacking, and more. The Food Institute Podcast · FI Fast Break News – May 4, 2022 …
FI Fast Break audio news: April 27, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: the prospects of an economic recession, the Great Regret labor trend, and more. The Food Institute Podcast · FI Fast Break News – …
3 Strategies for CPG Success During a Recession
During the Great Recession, consumers spent less, traded down, and cut back on many CPG purchases. A recent report from the IRI Recession-Proof Your Business series explored these behaviors to glean strategies for success in …
FI Fast Break audio news: April 27, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine: the prospects of an economic recession, the Great Regret labor trend, and more. The Food Institute Podcast · FI Fast Break News – …
When Will Perfect Storm of Food Inflation Subside?
Call it a perfect storm: COVID led to labor shortages and supply chain issues and to fuel shortages, all of which contributed to inflation. Factor in Russia’s invasion of Ukraine and unpredictable weather, and food …
FI Fast Break audio news: April 13, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the expansion plans of both Beyond Meat and ADM. The Food Institute Podcast · FI Fast Break News – April 13, 2022 The …
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FI Fast Break audio news: April 6, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the keys to winning over inflation-weary shoppers and more. The Food Institute Podcast · FI Fast Break News – April 6, 2022 The …
Report: Groceries Becoming an E-Commerce Force
Online grocery shopping is reshaping e-commerce and is expected to become the top category this year, Adobe Analytics recently reported. “E-commerce is being reshaped by grocery shopping, a category with minimal discounting compared to legacy …
Is There an Inflation Tipping Point for Restaurant Spending?
Are consumers willing to shell out $20 for a cheeseburger, fries, and a milkshake at their favorite fast-casual restaurant? As inflation and gas prices soar, we’re likely to find out soon. In fact, consumers appear …
The Toll of Rising Inflation and Gas Prices for Consumers
The one-two punch of soaring inflation and record-breaking gasoline prices is likely to have an increasingly painful impact on consumers. In fact, the Labor Department reported Thursday that the Consumer Price Index, or CPI — …
Why Are Private Label Products Not Thriving Amidst Inflation?
Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …
Experts Weigh In on 2022 Inflation Outlook
As Grocery Inflation Nears a Tipping Point, CEOs Weigh In
Food inflation is approaching pivotal levels in the U.S., with prices for food consumed in the home increasing 4.5% in September compared with the same month of 2020. As input costs continue to rise, more …
U.S. Median Household Income Drops in 2020
The economic impacts of the pandemic took a significant toll on the financial stability of American households last year. U.S. median household income fell 2.9% to $67,500 between 2019 and 2020, according to new data from the …