Grocery Grit: What’s in the Cart When Money’s Tight?
Nik Modi of RBC Capital Markets breaks down grocery trends and consumer behavior amid inflation, tariffs, and more.
Nik Modi of RBC Capital Markets breaks down grocery trends and consumer behavior amid inflation, tariffs, and more.
Despite wage gains, food inflation continues to outpace earnings, leaving consumers increasingly anxious about grocery costs. Meanwhile, new tariffs threaten to disrupt the food industry, with stakeholders bracing for volatile pricing and potential shifts in shopper loyalty.
Steel and aluminum tariffs have risen significantly, and grocery prices may soon follow suit. From canned goods to premium imports, food brands face tough choices – shrinkflation, price hikes, or packaging pivots – to absorb escalating costs.
Amid the latest round of tariffs, global retailers like Walmart are weighing controversial price hikes beyond the U.S., a move that could shake consumer trust. Experts warn that spreading costs globally may backfire, leading to unintended economic fallout.
Olipop and Poppi’s social media arms race is a powerful reminder for founders of new brands that an energetic face-off competitor only energizes the entire space, according to FI’s resident CPG industry expert, Dr. James Richardson.
Food delivery giants like DoorDash, Uber Eats, Instacart, and Grubhub are making bold strategic moves – from acquisitions to service diversification – to capture both consumer loyalty and merchant partnerships. As competition heats up, these platforms are doubling down on technology, international expansion, and grocery delivery integration.
Grocers are rethinking the shopping experience to engage with Gen Z, which wields $984 billion in spending power and demands digital-infused interactions.
Many F&B companies aren’t getting the results they desired from tech investments due to factors ranging from insufficient data to inadequate planning. Industry experts shared actionable strategies with FI to help companies resolve these issues.
Fresh tariff legislation is reshaping the food industry’s landscape, with skyrocketing costs and logistical hurdles threatening the flow of fresh produce across North America. To thrive in this era of uncertainty, businesses must embrace innovation, leveraging automated tools and real-time data to adapt swiftly and maintain supply chain efficiency.
The battle between private label and name brands has taken a new form as analysts portend a stagnating global own brand market. The path ahead relies on innovation and retail portfolio synergy, NIQ noted.
The FDA recently delayed the compliance date for a fiercely debated section of the Food Safety Modernization Act which requires additional record-keeping requirements for “high-risk” foods. Overall, the industry is pleased with the decision.
The proposed tariffs by the Trump administration on Mexico and Canada are expected to significantly increase fresh produce costs in the U.S.
Hungryroot, a survivor of the DTC meal-kit boom, pivoted from a narrow CPG business model to a distributor model with a limited assortment retail interface, leading to significant success. By focusing on a small list of ingredients, Hungryroot transformed into an online grocer that offers personalized meal planning.
The food retail landscape is evolving rapidly, driven by shifting consumer behaviors, economic pressures, and technological advancements. In “The Future of Food Retail” webinar recently hosted by The Food Institute, R.J. Hottovy, Head of Analytical …
Major food companies are losing market share to smaller, often regional brands as consumers – especially Gen Zers – seek out more affordable options. This shift, driven by social media and changing consumer preferences, poses a significant challenge to established brands that rely on measures of success like shelf space and distribution.
February is Black History Month, and industry insiders say it serves as a reminder that there remains a persistent need for industry collaboration to promote diversity and inclusion.
The Gulfood 2025 event in Dubai emphasized the urgent need for sustainable global food systems. The event also showcased innovative solutions and products aimed at enhancing food security, such as AI-based order processing.
Grocery retail in Latin America is thriving, driven in large part by consumer demand for value. Key trends shaping the market include increased importance of private-label brands and e-commerce growth.
The future of alt-meat could very well be driven not by vegetarians but by adventurous flexitarians – omnivores eager to explore alternatives. Minimally processed plant-based options will be key, said Indy Kauer, leader of the Plant Futures Collective.
Private label continues to maintain dominance over the CPG sector: in 2024, it grew $9 billion from the year before. As a result, opportunities and innovation abound.
As traditional post-pandemic headwinds subside, retailers are ready to meet today’s savvy consumers to inspire growth. To succeed in today’s market, it’s prudent to understand how cautious optimism shapes buying habits.
The F&B industry is at a transformative crossroads, where AI-driven advancements, and the rise of functional foods, are reshaping how we think about nutrition. In 2025, the challenge will be balancing innovation with preserving the cultural essence of food.
The period between December 26 through mid-January offers myriad opportunities for CPGs and grocers alike. Measured omnichannel strategies and retail media network initiatives can support these efforts.
The private label category continues to enjoy seismic growth, slated to reach 24% by 2030. In a recent webinar, stakeholders discuss why the category has endured success, and what’s ahead in 2025.
As consumers buckle under the weight of financial pressures, this holiday shopping season will look a bit different than its predecessors.
Amazon’s chief engineer used to have a dog named Rufus who ran up and down the halls fetching tennis balls. That doesn’t seem like a big deal for a multibillion-dollar business. But recently, Amazon brought …
Gamification refers to the idea of point scoring and applying competitive techniques to encourage consumer engagement.
Customer engagement company Birdzi has partnered with retail solutions provider ECRS for tech that allows grocery shoppers to redeem digital coupons in real-time.
About 77% of shoppers say they’re interested in trying new technology within a grocery store. And major retailers are finally warming to the idea of providing innovations like electronic shelf labels.