Strikes cost F&B companies and employees $145.9 million in lost wages and revenue in 2024, according to a review by Noggin. Last year’s strikes were complicated by other issues like supply chain pressures as well, signaling the need for better communication among employees and management to avoid labor strife.
Following its earnings call last Tuesday, Albertsons stock finished the week up about 2.5% – but the stock took a winding road to get there. Shares originally fell nearly 8% on Tuesday, the day after the company’s fiscal fourth quarter release, before bouncing back over the next two trading sessions.
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 plant-based food industry may have found a way through its stagnation. A recent report found consumers increased their plant-based purchases throughout 2024, a signal of a healthy year ahead. Nutpods CMO Patrick Coyle recommended brands in the sector strike the right balance between “value” and “values.”
The proposed tariffs by the Trump administration on Mexico and Canada are expected to significantly increase fresh produce costs in the U.S.
The better-for-you shopper has more to spend on groceries every month, attracting grocers and brands to invest in the market. These shoppers are worth an estimated $285 billion each year.
Federal judges on Tuesday blocked the proposed Kroger-Albertsons merger, citing concerns over reduced competition. The ruling presents an opportunity for smaller grocers to leverage personalized customer experiences to compete against retail giants.
Grocers are upgrading their membership programs by combining retail media strategies with AI-driven personalization, offering targeted ads and perks based on shopping behaviors. This evolution integrates elements like first-party data to maximize ad value.
The latest FI Fast Break news podcast touches on the recent rise in buy-now-pay-later purchases by consumers.
Food and beverage stakeholders already know that to guarantee a sale, one must meet consumers where they are. Today, that’s online. Nearly 70% of consumers purchase groceries online in some capacity, according to recent data …
A new report from Placer.ai highlights that grocery stores offering in-store healthcare services are seeing increased foot traffic, particularly from higher-income customers. Wellness offerings not only boost store visits but also enhance customer loyalty.
The latest Food Institute Fast Break news podcast touches on fallout from the headline-grabbing Boar’s Head recall.
Retailers are navigating a complex landscape right now marked by regulatory scrutiny, rising shrinkage, and financially stretched consumers. These pressures are forcing retailers to adapt quickly, according to Supermarket Guru Phil Lempert.
Kroger’s EDGE Shelf recently came under fire by two U.S. senators who feel the technology could be used for surge pricing and also threaten consumer privacy.
Supermarket Guru Phil Lempert discussed the Kroger-Albertsons merger, the rise of private label and more relevant news for grocers.
The latest Food Institute Fast Break news podcast provides an update of Walmart’s drone delivery plans, and more.
Today’s consumers are snacking around the clock, according to a shopper survey that notes which new innovations shoppers are craving.
The latest Food Institute news podcast touches on Athletic Brewing’s eye-opening ascent in the NA category.
Kroger stock has performed well in 2024, rising 9% so far this year. But on a two-year basis, the stock has barely budged and shares have faded 15% from early April levels. The reaction to first-quarter earnings last week further highlights the uncertainty: Kroger stock jumped in early trading but finished the day down a little over 3%.
While e-commerce continues to gain ground, most consumers still appreciate the in-store shopping experience, according to a new survey.
For many major retailers, the latest quarterly results tell a familiar tale: consumers are fed up with high prices, spending less, and commodifying their loyalty by taking the best deal right now, regardless of whose logo adorns their grocery bag or shopping cart.
At the 2024 BMO Farm to Market Conference, a few key themes emerged for the food, beverage, and agriculture sectors.
Consumers in the U.S. and Canada say that they are willing to pay more for products that practice eco-friendly sustainability and ethics in their development, packaging, and sale of products, particularly around animal cruelty and ocean pollution.
In a few short years, retail will be a totally immersive and data-driven experience highlighted by personalized AI recommendations for health and home, smart carts to increase efficiency (and solve the traveling salesman’s dilemma in-store), and much more.
The latest FI Fast Break news podcast touches on Amazon’s newest plans for Whole Foods locations in urban areas.
EV charging stations outside, stores within stores inside, sprawling beauty sections, niche products, reimagined loyalty programs – the battle for foot traffic is cutthroat as the economy roars to life.
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.
Ghost kitchens – restaurants without seating or even take-out counters – proliferated during the pandemic when people were virtually trapped in their homes, afraid to enter confined spaces packed by strangers and, as a result, …
Consumers are turning toward grocery store sushi when looking for a healthier snack or quick meal but don’t want to pay restaurant prices.
What’s next for the controlled environment agriculture (CEA) space after a spate of bankruptcies and rising inflation?
Believe the hype – major American retailers and grocers are spending big money on retail media networks (RMNs). Walmart has Walmart Connect. Target reaches consumers using Roundel. Kroger has its Precision Marketing network, Albertsons its …
Common sense wins the day in most respects, and a little data goes a long way toward verifying collective gut-checks, especially during inflationary years. And though the U.S. has landed a little softer than feared …
Almost 95% of shoppers are purchasing ice cream in stores this summer according to retail data science company and Kroger insights partner, 84.51°. Here are some ice cream trends for the 2023 summer season…and beyond. …
Kroger Precision Marketing (KPM), the retail media business of Kroger powered by 84.51°, is taking its advertising platform in-house to improve the platform for brand partners, Kroger itself, and most importantly, shoppers.
