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COVID-19 Spurs Immunity-Boosting Food Products Market

We’ve come a long way from fighting off a cold with grandma’s chicken soup. From the healthier products touted by food and beverage companies to the renewed focus of consumers on better nutrition and wellness …

What Will Americans Eat During the Super Bowl?

Super Bowl parties may look different this year, but food will still be a major part of them. Frito-Lay estimates a 21% increase in snacking vs. previous Super Bowls as more consumers plan to watch …

Direct-to-Consumer Model Picks Up Speed

As consumers largely continue to stay home during the COVID-19 pandemic, several food brands have shifted to a direct-to-consumer (DTC) model. Bimbo Bakeries USA was one such brand who recently launched a DTC platform. And, …

Beyond Meat, PepsiCo Team up on Plant-Based Products

The plant-based protein trend continued to gather momentum this week, when Beyond Meat and PepsiCo announced a joint venture to sell snacks and drinks made from plant-based protein. A WIN-WIN FOR TWO MAJOR PLAYERS The …

Major C-Store Operators Look to Expand

During the COVID-19 pandemic, gas stations emerged as key, profitable parts of oil companies’ operations as more consumers turned to them for food and drink purchases that were a bit closer to home. While fuel …

How the Food Industry Is Tackling Food Waste in 2021

An estimated one-third of all the food produced in the world goes to waste, likely enough calories to feed every undernourished person on the planet. But wasted food isn’t just about food insecurity. It’s also …

Jobs Report: Restaurants, Bars Among Hardest Hit in December

Employers across the U.S. decreased hiring in December, as COVID-19 cases were up and cities reimposed business restrictions. Throughout the month, job losses were largely concentrated among restaurants, bars, hotels, casinos, and other entertainment venues, …

Pandemic and Brexit Leading to U.K. Chaos Ahead of Christmas

A new variant of COVID-19 and increasing concerns about the country’s exit from the European Union are causing significant problems in the U.K. days before Christmas. NEW COVID-19 VARIANT PUTS LONDON IN LOCKDOWN London and …

Food Industry Groups Want Priority Vaccinations for Workers

With limited quantities of the COVID-19 vaccine available, many groups a seeking priority for their employees—including the food industry. Administration of the vaccine began on Dec. 14 in the U.S. with early doses being set …

QuickChek Acquisition Caps String of C-Store Purchases

The QuickChek acquisition by Murphy USA in a $645 million deal, capping off a string of convenience store acquisitions during  the first half of December. QuickChek, which began its operations as a dairy delivery service …

Americans Plan to Spend Less During the Holidays

Almost 40% of Americans plan to spend less on gifts this holiday season, according to a CNBC economic survey. The average U.S. citizen plans to spend $886, down 10% from a year ago, as the …

Restaurants Focus on Employees as More Closures Loom

The coronavirus pandemic has caused 8,400 retailers and 110,000 restaurants to close across the U.S. this year, according to industry statistics, reported The Economic Times (Dec. 14). And even more closures could be on the …

Online Grocery Sales Top $8B in November

U.S. online grocery sales reached $8.1 billion during November, continuing a trend of more than $8 billion in monthly sales dating back to May, according to the Brick Meets Click/Mercatus Grocery Shopping Survey. The survey …

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Restaurants Combining with Retail Stores to Drum up Sales

As COVID-19 continues to dampen sales at restaurants, some are trying a new strategy by opening in retail stores, which have profited from the pandemic. Hy-Vee Inc. is preparing to open its 20th Wahlburgers at …

Grocery Stores Prepare to Distribute COVID-19 Vaccines

Neighborhood grocery stores will likely serve as major providers of COVID-19 vaccinations, reported The Wall Street Journal (Nov. 30). Supermarkets are working to secure storage materials for the vaccines, and other medical gear required for …

Retailers Bring Back Hazard Pay and Bonuses

Several companies have recently made announcements regarding bonuses and hazard pay, following reports of retailers not sharing enough of their pandemic profit with their employees. Here are a few: Amazon After ending its $2-an-hour pay …

Black Friday 2020 Online Sales Break All-Time Record

U.S. consumers spent an estimated $9 billion this year on U.S. retail websites for Black Friday, according to Adobe Analytics, reported AL.com (Nov. 28). The spend represents a 22% increase over a record $7.4 billion …

Holiday Shopping Expected to Rise During COVID-19

The National Retail Federation (NRF) expects holiday sales will rise in 2020 when compared to 2019 as consumers search for reasons to celebrate during the pandemic. The group forecast holiday sales in November and December …

Walmart Continues to Advance its Businesses During the Pandemic

Walmart has made several business moves recently that involve a delivery acquisition and a COVID-19 testing-related investment. Walmart acquired select assets of JoyRun in a bid to incorporate its peer-to-peer food and drink delivery service …

Interest in Delivery Companies Continues

Ahold Delhaize will acquire a majority stake in FreshDirect, with plans to accelerate its growth online and around New York, reported Winsight Grocery Business (Nov. 18). The acquisition will allow Ahold Delhaize to begin its …

The Cost of Thanksgiving Dinner is Down This Year

Although overall food prices are on the rise, the average cost of a Thanksgiving dinner is down 4%, according to the American Farm Bureau Federation’s annual cost survey of classic items found on the Thanksgiving …

Key Lessons from the KIND Acquisition by Mars

Mars’ acquisition of the KIND brand is more than the latest or the largest strategic acquisition by a large food company. In this acquisition, the real “news” is the lessons its 16-year development contains for …

Amazon Cuts into the Pharmacy Business

Amazon opened an online pharmacy Nov. 16, allowing customers to order medications and prescription refills for delivery, reported CNBC (Nov. 17). The retail giant has been building its pharmacy offering for several years now. In …

Walmart is Shedding Global Operations, Focusing on Digital

Walmart has recently made business moves that  indicate it’s shifting its focus from international markets to digital operations. International Divestures In 2018, Walmart sold an 80% stake in its Brazilian operations to a global profit …