FI Fast Break audio news: August 16, 2023
The latest FI news podcast touches on Aldi’s big acquisition, which could shake up the grocery category in America.
The latest FI news podcast touches on Aldi’s big acquisition, which could shake up the grocery category in America.
Summer offers the perfect opportunity for grocers to offer locally grown produce to differentiate themselves from the competition. Shoppers are looking for fresh foods for all occasions, from morning meals to barbecues, and positioning the …
Low-income shoppers are more cautious than ever when choosing a grocer—companies that can meet their needs have an opportunity to develop relationships that last a lifetime.
New York City, July 11, 2023 (FI NEWSWIRE) – The Food Institute (FI), a leading food industry research and media company, is pleased to announce its collaboration with the upcoming Cocina Sabrosa Food & Beverage Trade …
New research from analytics firm Placer.ai noted the steps that successful grocery chains are taking in 2023 to outpace the competition amid inflation.
“What is the route to market?” Carroll wondered. “That’s what we all used to say – ‘what is the route to market?’ Today, though, it’s the route to me. Give me what I want, when I want it, as conveniently as possible.”
Adapting to inflation, changing consumer preferences, and omnichannel has been a challenge for Latin America’s grocery industry. Nevertheless, in the past few years, retailers in Latin America have developed innovative strategies to create resilient products …
Aldi is cutting prices on more than 250 products, ranging from snacks to meals, and the move is putting even more pressure on an industry facing inflation.
Offerings such as member pricing boast potential to simultaneously grow market share and increase loyalty program penetration for grocers.
Grocers looking to stand out can tap into two trends: the demand for healthy foods and growing interest in cooking at home.
VR technology can help grocers optimize planograms and get a better understanding of how shoppers browse their aisles.
Why is Beyond Meat struggling? What will last in the plant-based category, and will it ever grow again? And what can other founders learn from this classic case of irrational exuberance? The answers may still surprise you.
Many grocers operate with small, tight teams that are experts at their jobs — but this can leave the company shorthanded when a major project or expansion pops up.
With the ever-increasing amount of shopping options – from local grocers to whole and organic nutrition vendors and widespread grocery chains – growing customer loyalty is more important than ever for those in the retail …
Omnichannel grocery is here to stay, and while operating in multiple channels can increase profits, it can also increase challenges.
Consumers’ grocery shopping habits are changing as they grapple with inflation, leading to fewer trips but spending more during each visit. Between November 2022 and January 2023, average basket size rose 6% while number of …
Welcome to the FI Newscast! Each week, we note the latest industry trends and consumer insights, with guest appearances by the foremost industry experts. This week’s guest was David Bishop, Partner of Brick Meets Click. …
The importance of offering sustainable products is hard to overstate — seven out of 10 consumers find sustainability more important today than they did two years ago, and more than half consider it “very important” according to Glow’s 2023 US Brand Sustainability Benchmark Report.
Convenience is an important aspect of the modern retail landscape, from self-checkout lines to completely cashier-free stores, but frontline associates can still define the experience — particularly in grocery.
AI is the future of food retail. A recent study found that the global AI-in-retail market was worth $8.4 billion in 2022 and will jump to nearly $46 billion by 2032.
Walking into a grocery store used to be how most people bought groceries, but now only 44% of consumers do most of their shopping on premises.
Perris, California has become the second U.S. city to ban junk food at supermarket checkouts, replacing sugary snacks with healthier alternatives.
Though experts still are split on whether the U.S. Federal Reserve’s inflation-fighting moves will plunge the economy into a recession, consumers apparently aren’t waiting for the official figures, already trimming their grocery bills and choice …
The latest Food Institute news podcast provides an update on the proposed Albertsons-Kroger merger in the grocery sector.
The latest Food Institute news podcast touches on the latest in drive-thru technology, for both QSRs and grocers.
The latest Food Institute news podcast touches on Tim Hortons’ unique, new sustainability initiative.
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 …
The latest, quick-hitting Food Institute news podcast notes the latest in automation, as well as labor unrest.
This week’s FI news podcast touches on the latest innovative plant-based product, along with the recent rise in-store bakery products.
Grocers can enable greater media partnerships by improving their in-store experience, according to one top industry executive.
The latest Food Institute news podcast touches on trends to watch for 2023, including … pickle slushies?!
The coming year could be a turbulent one as grocers navigate economic uncertainty while also benefiting from shoppers’ return to stores in a post-pandemic environment.
The latest FI news podcast touches on the rising demand for ingredients like chocolate within the ice cream industry.
The latest FI news podcast updates the push toward automation throughout multiple elements of the food industry.