Dollar Stores Have Reached An Inflection Point
The performance of dollar store stocks suggested investors believed Walmart’s best days were behind it. They were wrong.
Tag: grocery > Page 2
Consumers Have Forced the Value Wars
Food prices are up; consumer confidence is down. Many QSRs and retail outlets reported losses in the last quarter. The Value Wars are here.
Key Takeaways from The NGA Show 2024: Improving Shopper Experience
Shopper experience in the physical store is often what truly differentiates the independent grocer from brick-and-mortar chain stores and online e-commerce competitors like Amazon. The right mix of products, priced right, offered in the right place, and services delivered by welcoming staff in a pleasant environment are essential to building sales and customer loyalty.
In Today’s Market, What Defines Value?
Many consumers feel they can’t win on cost alone – they also need an experience, or at least a decent reason to visit a brick-and-mortar store.
What’s Playing? The Role of Music in Retail
“The power of audio in retail goes beyond just music,” Elsley said. “Incorporating carefully crafted messaging and advertisements into the auditory experience can further enhance customer engagement and drive sales.”
For Gen Z, Variety Packs Rule Retail
Some of the takeaways from the Circana report indicate that inflation has generally gone pretty easy on the beverage category, prompting marketing teams to “promote their relative price stability and find ways to demonstrate value, recognizing that ‘value’ doesn’t always mean lower price,” and that premium categories continue to outperform more value-based brand propositions.
The Recipe for Success for Kodiak Cakes
Through its unique product offerings and strategic influencer partnerships, Kodiak Cakes has differentiated itself and created a strong brand persona that resonates deeply with modern consumers.
Will Amazon’s Dash Carts Work?
The future of checkout technology, consumer perception and adoption, and operator success is a tricky set of balls to keep in the air all at once.
FI Spotlight: How Jackbe Revolutionizes Grocery Shopping
Food Producers, WIC Officers Recalibrate Offerings as Food Insecurity Hobbles Consumer Spending
Across the US, inflation-weary consumers continue to push back on years of price hikes, cooking from home or simply buying less to save more.
The Endless Promise of Pizza
Served as an LTO, in a restaurant, or at a ball game, fired in a brick oven at 800 degrees or reheated Sunday morning in a battered collegiate microwave after a late night, pizza is a tough business that can yield great rewards, revenue, and satisfaction.
Fueling the Future: Functional Foods Gain Momentum
There’s a growing feeling among many consumers that what we put into our bodies can perhaps solve myriad health issues. That presents a major opportunity for CPG brands regarding functional food products.
Webinar: The Future of Food Retail
Big Opportunity Remains in Beef Jerky Category
“Jerky brands come and go because the barriers of entry to the industry are small,” Cawley said. “A good recipe, some packaging, and a solid manufacturing partner, and you can start selling legally and usually get traction locally.” Once early consumer adopters are exhausted, however, it often becomes difficult for fledgling jerky brands to earn retail shelf space, keep it, and create a compelling value proposition that resonates with shoppers nationwide.
What the Jal? Jalapenos Aren’t Hot Anymore
Why aren’t many store-bought jalapenos hot anymore? The answer lies in changing palates and products bred for consistency, not flavor.
Candy Crush: Confectionery Producing Record Sales
“Consumers seek out chocolate and candy to help enhance holiday seasons, family celebrations, and those important ‘treat yourself’ moments,” said John Downs, president and CEO of the National Confectioners Association, in a statement.
FI Spotlight: Navigating the Aisles with the Supermarket Guru
CPGs Need Fresh Strategies Beyond Price Increases in 2024
“Tomorrow’s winners will vary how they generate demand across their portfolios, with mass activation for their biggest brands and more targeted treatment for niche and insurgent brands,” Kyle Weza, global co-lead and brand accelerator for Bain & Company, said in the report.
Great Plains Debate: Should Bison Become ‘The Other Red Meat’?
Nutritionists hail bison as the other red meat, not that different in taste and nutrients from beef, but with a greater concentration of iron and fatty acids along with less fat.
Three Key Grocery Shopper Trends in 2024
Grocery shoppers are adapting their buying patterns in response to economic uncertainties and external influences in 2024.
Appetite for Reduction: GLP-1 Drugs Fuel Grocery Decrease
The market for GLP-1 drugs is expected to reach $100 billion by 2030. Manufacturers and brands who want a piece of the low-sugar pie, so to speak, will have to offer the same.
Cereal Manufacturers Desperate to Boost Sales
Americans are turning away from breakfast cereal, and that’s got cereal manufacturers seeking fresh innovation to bring consumers back to their bowls and the breakfast table.
Understanding Why Regenerative Agriculture is the Fastest-Growing Green Theme
“Brands that genuinely commit to regenerative agriculture can build strong connections with consumers who prioritize regeneration,” says Michael Ham of Wild Orchard Tea Company. “This can result in long-term brand loyalty and positive associations with environmental responsibility.”
Consumers Award Better-for-You in New Product Survey
Despite some titans of the pantry and cookie jar winning in their categories (Keebler’s Chips Deluxe Fudgy in the Cookie category; Dr. Pepper Strawberries & Cream in Soft Drink), better-for-you offerings not only abounded but won several snacking categories.
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Why Legacy Beverage Brands are Revamping Their Image
Dunkin’ Donuts’ shift to simply Dunkin’ serves as the gold standard in the contemporary rebranding landscape.
The Evolving Grocery Consumer
Alex Trott, director of insights with 84.51°, helps break down current pain points and opportunities that grocery consumers are facing.
Organic Growth Continues, Even Amidst Inflation
Though the cost of many grocery items – like beef and poultry – continues to increase, organic food sales continue to rise.
Is Self-Checkout a Consumer Terminator? Retail, Robots, and More in 2024
There’s also an interesting feedback loop occurring in American consumerism – the tighter the budget becomes, and the more stressed people feel, the more demands they have regarding how they’d like to be accommodated while shopping.
Chocolate Purchases Dip Despite Candy Viewed as Energy Boost
A new report from Mintel suggests one-third of Americans rationalize purchasing chocolate as an energy boost. Meanwhile, new research suggests a direct connection between dark chocolate and reducing factors that contribute to essential hypertension.
2023: The Year of Private Label Sets the Stage for 2024
Millennials grew up with store brands and they see them for what they are – a brand. Without a doubt, there is a transformation taking place in the private brand mainstream tier where products are moving away from strict equivalency to national brands and becoming true national brand alternatives.
Analysis: Albertsons’ Healthy Eating Incentives Could Set Industry Trend
“In the sea of nearly identical programs, grocers are racing to keep up by adding perks such as free delivery or bigger buy-one-get-one savings,” Upside’s Thomas Weinandy said in a blog post.
Will Beef Prices Stay Elevated into 2024?
Looking ahead, Zimmerman noted that prices would likely increase in the new year, but the magnitude of that increase would likely be more subtle in 2024.
Prominent Doctor Fears Impact of TikTok Diet Trends
Americans are getting away from healthy habits like meal prepping and perusing produce aisles. Instead, many consumers opt for quicker, more convenient food that often include preservatives and copious amounts of sugar or oils.
How to Shelf Actualize in Grocery & Retail
“Grocers now have more technology at their disposal than ever before, and effectively leveraging this data to drive in-store performance has become increasingly difficult,” Boyle said.
The Future of Food: Health, Wellness, and the Trillion-Dollar Opportunity
The global health and wellness food market was $940 billion in 2022 and is projected to grow at a 5% CAGR, hitting $1.47 trillion in 2027.
2024 Tech & Digital Trends in Restaurant & Retail, Part 3: The Loyalty-free Consumer
Monolithic allegiance has given way to the brands and companies that can provide the best, most convenient, and value-driven experiences, making every consumer a seven-headed hydra.