Driving Profit with the Better-for-You Shopper
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.
Tag: retail
FI Fast Break audio news: Dec. 18, 2024
The latest FI Fast Break news podcast examines Walmart’s plans to equip employees with body cameras at some U.S. locations.
FI Fast Break audio news: Dec. 11, 2024
The latest FI Fast Break news podcast touches on the recent rise in buy-now-pay-later purchases by consumers.
FI Fast Break audio news: Dec. 4, 2024
The latest Food Institute Fast Break news podcast touches on consumers’ growing demand for not just value, but also luxury offerings.
FI Fast Break audio news: Nov. 26, 2024
The latest Food Institute Fast Break news podcast touches on PepsiCo’s latest noteworthy industry acquisition.
FI Fast Break audio news: Nov. 20, 2024
The latest Food Institute Fast Break news podcast touches on restaurant operators’ outlook on labor for 2025.
Exploring the Transformation and Future Trends in C-Store Foodservice
FI Fast Break audio news: Nov. 13, 2024
The latest FI Fast Break news podcast touches on Tyson Foods’ optimism for 2025, and Amazon’s newest delivery innovation.
7-Eleven Parent Clarifies Buyout Rejection
7-Eleven owner Seven & i Holdings Co. commented on its rejection of Alimentation Couche-Tard’s proposal to acquire the company.
Circana: Consumers Increasingly Spending on Health and Wellness
The idea of health and wellness is evolving, as shown by a report that noted ways people are tapping into products to harmonize their lives.
Raising the Bar: How MadeGood and Bobo’s Snack Bars Became ‘Killer Products’
Two brands winning this back-to-school season are MadeGood and Bobo’s, according to a prominent CEO. The snacks’ allergen-free ingredients have won over Millennial parents.
FI Fast Break audio news: Aug. 14, 2024
The latest Food Institute Fast Break news podcast touches on Chili’s eye-opening quarterly earnings report.
FI Fast Break audio news: Aug. 7, 2024
The latest Food Institute news podcast touches on Outback Steakhouse’s latest efforts to win back cash-strapped consumers.
FI Fast Break audio news: Aug. 1, 2024
The latest FI news podcast touches on the La Niña weather pattern that’s likely to form later this year and how it could impact ag.
FI Fast Break audio news: July 24, 2024
The latest Food Institute Fast Break news podcast touches on the latest update related to weight-loss drugs.
Game the System: Gamification in Grocery & Retail
Gamification refers to the idea of point scoring and applying competitive techniques to encourage consumer engagement.
Survey: Retail Employees Are Happy with Jobs
Who knew? Retail employees actually are happy with their jobs, according to recent a survey by an employee benefits company.
Consumers Are Warming to the Idea of Smart Carts and Frictionless Shopping
About 77% of shoppers say they’re interested in trying new technology within a grocery store. And major retailers are finally warming to the idea of providing innovations like electronic shelf labels.
FI Fast Break audio news: July 17, 2024
The latest Food Institute news podcast touches on the unlikely comeback bid of a once-bankrupt steak chain.
‘Audience Optimizer’ Tool Designed to Revolutionize Retail Ads
Swiftly’s newest offering was designed to provide both retailers and brands the ability to engage with customers on a highly personalized level.
FI Fast Break audio news: July 10, 2024
The latest Food Institute news podcast touches on Athletic Brewing’s eye-opening ascent in the NA category.
Investors Fear Kroger Is Returning To The Old Normal
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%.
FI Fast Break audio news: July 4, 2024
The latest Food Institute news podcast touches on Americans’ growing aversion to tipping, and other trending industry news.
The Plight of the Hourly Employee: Low Morale, Long Hours and AI Fears
A new study shows that hourly employees are demanding more recognition from their employers along with increasingly flexible schedules.
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Private Label Growth Pockets in Frozen Food
As consumers continue to stockpile frozen foods, retail operators are leveraging private labels to tap into that demand. Which frozen products are experiencing the most store brand sales growth? FI investigates.
Missing the Mark – Private Label is Failing at Target
Everything is cyclical. There’s a pendulum at play for any brand investing heavily in the private-label game – as more house brands populate shelves with similar names and cheaper prices than their national brand counterparts, public perception of the parent company may swing along with the pendulum; in other words, some consumers may begin to question what they’re compromising when their carts are full of private-label goods instead of the national brands they may have been buying last week, last quarter, or last year. So swings the pendulum as a blade of commerce.
Asian Food & Grocery Proliferates
According to recent data from Technomic, Asian casual-dining chains experienced sales growth of more than 24% in 2023 – nearly six times the average for casual dining as a whole.
Going Electric: Walmart Commits to Digital Signage
“The digital element presents an expanded shopper/marketer revenue stream for the company,” Zakowicz said.
FI Fast Break audio news: June 19, 2024
The latest Food Institute Fast Break news podcast breaks down a major merger in the bottled water category.
Survey Shows Retail Workers Prefer Practical Tools over AI
Today’s retail workers are most eager to be equipped with tools that help them tackle inefficient tasks, particularly when interacting with customers.
FI Fast Break audio news: June 12, 2024
The latest Food Institute news podcast breaks down New York State’s Retail Worker Safety Act, which recently passed in the Senate.
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.
Private Label Drives Summer Growth
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.
FI Fast Break audio news: June 5, 2024
The latest Food Institute news podcast provides an update on shipping rates related to diversions around the Red Sea.
FI Fast Break audio news: May 30, 2024
The latest Food Institute Fast Break news podcast touches on the decline in Americans’ coffee consumption.
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.