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.
Tag: inflation > Page 5
FI Fast Break audio news: Sept. 21, 2022
The latest Food Institute news podcast touches on Walmart’s innovative livestream video “shoppertainment” plans.
Q&A: Top Trends at 2022 Plant-Based World Expo
Culinary creativity was booming at the Plant-Based World Expo on September 8 in New York City. In this Q&A, Ben Davis, VP of Content at Plant Based World unpacks expo trends and key developments across the plant-based industry.
FI Fast Break audio news: Sept. 14, 2022
The latest Food Institute news podcast touches on new findings about COVID-19’s affect on the U.S. labor force.
CEO: Consumers Adopting ‘Drastic’ Lifestyle Changes, ‘Inflation Diet’
With August food prices increasing 11.4% year-over-year, Americans are experiencing a fundamental shift in their everyday patterns, with some even adopting an “inflation diet.” A recent survey by consumer research platform Attest took a closer …
FI Fast Break audio news: Sept. 7, 2022
The latest Food Institute news podcast touches on the impact inflation is having on quick-service restaurants.
CEO: Marketing to Loyal Grocery Shoppers Imperative in 2022
Grocers must focus on solidifying loyalty among shoppers during economic turmoil, and a carefully considered advertising approach is key.
Consumer Spending Favors In-Person Experiences
While shoppers are still spending in today’s high-inflation environment, they are prioritizing where to invest their dollars, according to a Gravy Analytics trends report from the second quarter of 2022. Dining Preferences Shift Many consumers …
FI Fast Break audio news: Sept. 1, 2022
The latest Food Institute news podcast touches on the increasing candy bar shortage ahead of the Halloween season.
FI Fast Break audio news: Aug. 24, 2022
The latest Food Institute news podcast touches on how c-stores must adapt amid the current inflationary environment.
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.
What U.S. Restaurants Can Learn from the U.K.
Struggling U.S. restaurateurs could learn a lesson or two from their counterparts in the U.K., where COVID, labor shortages, supply chain and energy issues, and Brexit, have complicated survival, experts say.
FI Fast Break audio news: Aug. 17, 2022
The latest Food Institute news podcast touches on what’s next in vertical farming, and Maple Leaf Foods’ plant-based plans.
7-Eleven’s Recent Acquisition Could Reshape Delivery Space
7-Eleven’s recent acquisition of start-up Skipcart offers the convenience store chain many future opportunities, a consultant said.
IRI: Consumers Seeking Bargains Amid Inflation
Grocery shoppers are on the hunt for deals with food-at-home prices rising 14.4% year-over-year as of July 31.
Analysis: Why Demand for Cold Storage is Sky High
The food industry feels cold storage space helps hedge against volatile agriculture prices, but such space is in short supply of late.
FI Fast Break audio news: Aug. 10, 2022
The latest Food Institute news podcast touches on the spike in prices of breakfast items like eggs.
Discount Stores Continue to Dominate Amid Inflation
Dollar General has increased its sales forecast as Americans have increasingly turned to discount chains amid inflation.
Placer.ai Exec Notes Retailers Becoming Media Networks
Retail media networks are emerging as inflation, shifts in consumer behavior, and increasing cost pressures change the future of food retail.
Concerns About Discretionary Spending Jolt Coffee Chains
Consumer concerns about discretionary spending pushed Dunkin’ Donuts and Starbucks traffic lower in June, new data show.
Survey: Amid Inflation, Consumers Changing Deep-Seated Habits
Sixty-one percent of shoppers in a Vericast survey said that one of their biggest challenges this year is rising price.
FI Fast Break audio news: July 27, 2022
The most recent FI Fast Break news podcast touches on the evolution of the food hall concept.
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.
Food Inflation – What’s in Store for 2022 & Beyond?
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FI Fast Break audio news: July 20, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we update worsening drought conditions in the U.S. and Europe. The Food Institute Podcast · FI Fast Break News – July 20, 2022 The FI …
Restaurants Grow More Concerned About Economy
Despite some positive indicators, an increasing number of restaurant operators are growing more concerned about inflation and the prospects for the economy. Employment in the restaurant industry and overall economy continued to rise at a …
Gen Z Among the Hardest Hit By Food Insecurity
Food insecurity is a growing global problem, and within the U.S., Gen Z is among the hardest hit. That’s according to Purdue University’s Consumer Foods Insight report, which reported 30% of Gen Z adults had …
FI Fast Break audio news: July 13, 2022
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine food companies’ sustainability initiatives, growing economic pessimism, and more. The Food Institute Podcast · FI Fast Break News – July 13, 2022 The …
High Food Prices Could Persist for Three More Years
Russia’s invasion of Ukraine, fertilizer shortages, and poor weather conditions across the globe, are playing havoc with global food supplies, leading to projections that food prices will remain high for years. Additionally, global food security …
Rising Inflation Inspires C-Store Innovation
Add convenience stores to the growing list of businesses slammed by skyrocketing gasoline prices. Fifty-nine percent of convenience retailers say customer traffic has decreased in stores over the past three months, according to the Q3 2022 …
Inflation Pushing Up Costs for Independence Day Cookouts
The price for a typical Fourth of July cookout could be 11% to 17% higher than a year ago, depending on what’s in your basket. That’s according to recent reports from Wells Fargo and the …
Atalanta’s DeMaio on the Importance of Innovative, Cost-Effective Products
NEW YORK CITY – As Marissa DeMaio provided a tour of Atalanta Corp.’s event booth at last week’s Specialty Food Association Summer Fancy Food Show, she noted that smoked food products, like cheeses, are “on …
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 …
Meal Kit Services Pivot as Pandemic Eases
Despite stronger sales earlier in the pandemic, the meal kit industry still has room to grow, with Statista projecting the U.S. market to reach more than $10 billion by 2024, compared to $6.9 billion in …
Analysts: Expect Continued Demand for Eggs Despite High Prices
Consumer demand for shell eggs should remain strong in the near-term despite year-over-year price increases, due in part to the value proposition eggs provide for consumers searching for protein options, according to industry analysts. Eggs …
Plant-Based, Environment Top Issues in FI’s Emerging Food Leaders Survey
Plant-based products and environmental concerns are top-of-mind for the next generation of food industry leaders, according to The Food Institute’s 2022 Emerging Food Leaders Survey. But first, let’s rehash a little history. We started our …