Tag: food retail
What’s Ahead in 2023?
CFO Notes Costco’s Secrets to Customer Service Success
Costco CFO Richard Galanti reveals the formula for Costco’s lofty customer service score: keeping members happy, especially during inflation.
FI Live Replay – Food Tech Trends at CES 2023: An Inside Look
For many, the Consumer Electronics Show isn’t just another convention – it’s an essential indicator for the future of tech. Watch the replay of The Food Institute’s livestream when we spoke with Brian Comiskey, Director …
Column: Kroger-Albertsons Merger Spells Doom, Gloom and Boom
Kroger and Albertsons are planning a merger that would create a superstore second in scale only to Walmart. The combination of the two U.S. supermarket giants could have a three-pronged effect, resulting in doom for …
FI Live Replay: Hitting The Flavor Bullseye with Alison Cayne
When it comes to flavor, every food business aims to hit that taste target. And few are as adept at that as Alison Cayne, creator of Haven’s Kitchen Sauces and host of the hit podcast …
Survey: Retailers Must Strategize to Maximize Potential Amid Inflation
If inflation continues to rise, 57% of retailers will continue to boost everyday prices, according to a new survey. Should this occur, retailers need to take care as they chart their path forward.
Robots Can Benefit Grocers If They Can Master the Process
Retailers including Walmart and Kroger have embraced in-store robots to help keep stores clean on a consistent schedule, and the automated tools offer benefits for any retailer to enhance its operations.
FI Live Replay: Turning the Tide with Plant-Based Seafood
In 2020, Americans consumed almost $5 billion worth of seafood, and shrimp was one of the top-performing categories at $435 million. Enter New Wave Foods, a company producing plant-based shrimp and attempting to disrupt the …
UPDATE: What Kroger, Albertsons’ Merger Means for Grocery Industry
Kroger Co. will merge with rival U.S. grocer Albertsons Cos. – a move that will create a grocery giant.
IRI: 5 Keys to Drive CPG Growth in 2023
As inflation continues, consumers are responding by shopping value channels more and buying fewer premium meals and snacks, according to IRI.
WATCH: Extreme Weather Continues to Threaten Supplies
Extreme weather events are making their impact felt across the globe, and that’s putting a strain on global food production and distribution.
How to Address Shoppers’ Health and Wellness Demands
Many shoppers remain health-conscious these days, despite rising food prices – 29% of consumers will pay a premium for products with health and wellness attributes.
FI Live Replay: Disrupting The Frozen Yogurt Space
In 2008, Solomon Choi opened a New York City frozen yogurt shop, 16 Handles, and promptly turned it into a groundbreaking franchise with 40 locations worldwide.
Expert: Shoppers Looking Across Variety of Retailers for Best Deal
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: TiNDLE Trying to Take Alt-Chicken to Next Level
CHICAGO – TiNDLE, plant-based chicken from Next Gen Foods that was started in Singapore in 2020, recently announced its U.S. headquarters in Chicago and hosted an open house for its new R&D and Innovation Center. …
How Inflation’s Impacting Plant-Based Meat Sales
As a variety of factors aggravate the downward trajectory of alternative meat sales at retail, refrigerated varieties continue to fuel the category’s deceleration.
Why Wegmans Was Forced to Abandon Scan-and-Go App
Wegmans, regrettably, has decided its scan-and-go app has got to go. Wegmans is among retailers realizing scan-and-go, which seemed like such a good idea at the beginning of the pandemic when contactless checkout solutions gained …
Thanksgiving Turkeys Could be More Expensive This Year
Avian flu and energy prices are pushing turkey prices to new heights, with breast meat going for more than $6.50 a pound.
AI Becoming Key to Customer Retention
As many shoppers trade down brands in the wake of rising inflation these days, what retailers need to do to attract these customers differs based on their usual value proposition.
Grocery Shoppers Weigh Delivery Fees Amid Inflation
As inflation takes its toll on household finances, consumers are weighing their grocery delivery options. “Delivery continues to be very strong—averaging 9-11 percent of total store sales. Grocers are now planning for, and investing in, …
Analysis: Changing Pack Sizes Can Aid Grocers Amid Inflation
As many shoppers trade down brands in the wake of rising inflation these days, what retailers need to do to attract these customers differs based on their usual value proposition.
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FI Live Replay: How I Scaled My CPG
In 2018, Michael Pan rolled up his sleeves, cashed out his 401(k), and took on several loans to start Pan’s Mushroom Jerky. Just 2 years and one Shark Tank appearance later, the product finished 2020 …
As Consumers Seek Meals with Homemade Feel, Retailers Can Capitalize
Store-brand baking mix sales are on the rise, as shoppers seek “from-scratch” taste without time-consuming work.
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The Future of Food Retail
Case Study: How Stuckey’s Revived its Company Brand
Stuckey’s CEO Stephanie Stuckey has learned a lot about social media over the last three years, like the importance of telling compelling and sometimes personal stories.
Tracking Consumer Patterns as CPG Prices Rise
How are consumers changing consumption patterns as inflation pushes CPG prices higher? Ibotta EVP of RevenueChris Jensen discusses.
FI Live Replay: How I (Re)built The Stuckey’s Brand
When Stephanie Stuckey reclaimed her family’s roadside convenience-store business in 2019, it was a far cry from the 350-store operation run during the company’s peak years. Fast forward to 2022, and the Stuckey’s brand has …
