Tag: grocery retail

3 Keys to Discount Grocers’ Recent Success

Mainstream grocers can learn priceless lessons from successful off-price brands like Aldi, according to one industry analyst. Chief among those lessons is the value of growing private-label offerings.

Grocery Stores Diversify Pizza Offerings to Stay Competitive

As Americans aim to save on dining out amid inflation and restaurants battle labor and supply shortages, grocery stores strategize to please consumers’ pizza palates with frozen variety to deli and delivery convenience. Deli pizza …

Why Agility Should Be Top-of-Mind for Both CPGs and Retailers

Amid rising demand for fresher food products, companies need to ensure their inventory is data-driven, with technology and procedures in place to adapt to a rapidly-changing market, according to Venky Ramesh, head of strategic business advisory …

CPGs Refocusing on Faster-Growing Categories

The pandemic changed a lot of consumers’ attitudes towards foods and snacks, focusing more attention on healthier living and alternatives to traditional foodstuffs. As those trends accelerate, CPG companies are rethinking their structures and offerings …

Cold Brew Coffee Waking Up Summer Menus

The cold brew coffee trend is gaining serious momentum. Market research company Technavio recently released a report predicting the cold brew trend’s trajectory — 57% by 2025 — after 26% YoY growth in 2021. The …

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 …

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2021 Food Labeling Summit

IRI: Global Snacking Trends to Watch

A recent webinar from market research firm IRI unpacked various snacking opportunities around the globe that are enticing shoppers amid current economic challenges and new patterns of consumption. Here are a few key takeaways: The …

Influx of Teens Impacting Workforce

Everyone remembers that first job: the first whiff of responsibility outside school or home, the ability to put cash in one’s pocket that didn’t come from mom or dad, that incredible flush of independence. But …

Amid Inflation, Loyalty Programs as Popular as Ever

Loyalty and subscription services helped companies retain current customers and attract new ones, even as the pandemic upended many business models. “Loyalty programs are popular right now for several reasons,” Jacob Borgeson, director of product …

Fresh Berry Category Ripe for Summertime Success

Berries were a powerhouse throughout the pandemic and the category continues to thrive as convenience and nutritional appeal keep consumers coming back for more. According to an April report by IRI, fresh berries are the …

As Inflation Rises, Consumers and Food Companies Pivot

It’s been four decades since consumers were slapped with a double whammy of rapidly rising food and gas prices. In the 1970s and early 1980s consumers coped by switching to generics, changing their diets, and …

Consumers Lapping Up Super Premium Waters

Beverage companies looking to recapture consumers who have rejected sweet sodas are turning to sparkling waters to up their bottom lines. Market research firm Euromonitor International reported flavored sparkling water is outpacing bottled still water …

Report: 40% of Consumers Buying Plant-Based Foods

Nearly half of consumers are buying plant-based products in 2022. A new report from Acosta found that 40 percent of consumers surveyed in March purchased plant-based protein and/or dairy alternatives within the last six months, …

Analyst: Expect Higher Egg Prices Through 2022

(Editor’s Note 6/15/2022: For updated coverage on the shell egg market, please read “Analysts: Expect Continued Demand for Eggs Despite High Prices“) Egg buyers may have found some relief in March as prices moderated, but …

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 …