Zepbound: Latest Weapon in Weight-Loss Drug Arsenal
Eli Lilly’s Zepbound, recently approved by the FDA, is the most potent weight-loss drug yet. Could it impact the food industry? At least one expert says ‘yes.’
Tag: retail > Page 4
Thanksgiving 2023: Expect Expensive Meals
Food manufacturers have seen their profits fall in the past year, forcing them to pass along increases for raw materials, energy, transportation, and packaging.
How the Food Industry Can Use AI to Improve Holiday Sales
LSEG analysts estimated Amazon’s advertising business will increase nearly $3 billion over last year’s fourth quarter to $14.2 billion as a result, Reuters reported.
Instant Noodles Gather Steam: 5 Popular Options
Demand for instant noodles jumped 2.6% globally to a record high of 121.2 billion servings last year, according to the World Instant Noodles Association, and 2023 marked the seventh consecutive year of instant noodle growth and consumption.
Mallwalking, Food Courts, and Retail Are Back
E-commerce has not only failed to kill the great American retail experience but is helping it thrive as sales associates and vendors large and small are using the omnichannel to attract customers, enhance sales, and reduce customer acquisition costs.
Cider is the Next Craft Beer Movement
Like session beers, Guiver said many ciders feature a higher ABV than what many people are used to (or remember!). “We’re seeing more ciders with ABVs of 7% or more as customer trends change,” she added, “and cider is walking this line of tradition as well as approachability and innovation.”
The Rise of Gen H: Hispanic Culture’s Influential Young Adults
On Day 2 of The Food Institute’s Latam Food Week, a new generation was coined: Generation H. “Think of it as Gen Z meets Hispanic culture,” said Hunter Thurman, president of Alpha-Diver, “a high-sensory, emotion-first …
Making LTOs Permanent: When Fans Influence Brands
Sometimes fans get the best of their preferred brands and flavors by creating demand for a once-unthinkable product or simply demanding the return of favorite LTOs.
The Slow, Rewarding, Delicious Business of Branded Apples
The American apple harvest could reach 250 million bushels this year, a 1.5% increase from 2022. Branded apple varieties account for 15% to 20% of apple sales.
Why Inventory Distortion Costs Retailers Trillions
Inventory distortion due to out-of-stocks and overstocks is projected to cost retailers $1.77 trillion worldwide this year.
Top Trends at the Summer Fancy Food Show
“Companies must stand out,” said Food Institute CEO Brian Choi. “To win in the marketplace, products have to have a differentiated selling point – just being ‘good’ is not good enough in this environment.”
OPINION: Beyond Predictable – The Perils of Losing Focus After Initial Success
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.
Short-term CFOs Offer Grocers a Sizable Assist
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.
Beyond the Pump: A C-Store Deep Dive
Convenience stores often get a bad rap for lackluster foodservice options, but the category has expanded to include better foodservice options in the past few years.
The Future of Food Retail
Grocers continue to be challenged by the emergence of competitive C-stores, inflation, and a looming global recession.
The State of Wagyu in America
Wagyu often tops restaurateurs’ dinner menus as the cut de la creme, the luxurious and bougie beef, the apex protein for the apex predator armed with a sharp knife, a crisp vegetable, and an appetite for the sublime.
Shoplifting Has Become a $100B Problem for Retailers
The good news is the waning pandemic has allowed consumers to return to in-person shopping; the bad news is the return has been coupled with a sharp rise in retail shoplifting theft, a $100 billion …
How Omnichannel Experiences Build Loyalty
Providing a seamless experience is more than one great transaction—it’s using omnichannel opportunities to meet shoppers wherever they are.
On the Scene: Fancy Food Show, Day 3
Foods, flavors, trends, and more from Day 3 of the 2023 Winter Fancy Food Show in Las Vegas, Nev., by the Specialty Food Association.
PHOTOS: Fancy Food Show, Day 2
Pics, coverage, flavors, foods, trends, and more from Day 2 of the 2023 Winter Fancy Food Show in Las Vegas, Nevada, put on by the Specialty Food Association.
Mondelēz Report: Consumers Prioritizing Snacking
Mondelēz’s latest State of Snacking report reveals that a majority of consumers continue to prioritize snacking, even amid rising prices.
FI Fast Break audio news: Jan. 18, 2023
The latest Food Institute news podcast provides an update on the proposed Albertsons-Kroger merger in the grocery sector.
In-Store Bakeries Offer Opportunities for Sweet Success
In-store bakery performance is on the rise, with a whopping 95% of shoppers eating a bakery item at least occasionally and 63% doing so weekly, according to a new FMI report. The report, which explored …
On the Scene: Winter Fancy Food Show, Day 1
Trends, flavors, and more from the Specialty Food Association’s Winter Fancy Food Show 2023 in Las Vegas, Nevada.
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It’s a Bird, It’s a Plane, It’s a Drone with my Pizza
Retailers can benefit from the cost savings and efficiency of drone delivery, while consumers can benefit from the convenience and accessibility of the evolving delivery method.
FI Fast Break audio news: Dec. 28, 2022
The latest Food Institute news podcast touches on the recent uptick of work-hour safety infractions at restaurants.
FI Fast Break audio news: Dec. 21, 2022
The latest Food Institute news podcast touches on Tim Hortons’ unique, new sustainability initiative.
FI Fast Break audio news: Dec. 14, 2022
The latest, quick-hitting Food Institute news podcast notes the latest in automation, as well as labor unrest.
FI Fast Break audio news: Dec. 7, 2022
This week’s FI news podcast touches on the latest innovative plant-based product, along with the recent rise in-store bakery products.
FI Fast Break audio news: Nov. 30, 2022
The latest Food Institute news podcast touches on trends to watch for 2023, including … pickle slushies?!
FI Fast Break audio news: Nov. 23, 2022
The latest FI news podcast touches on the rising demand for ingredients like chocolate within the ice cream industry.
FI Fast Break audio news: Nov. 16, 2022
The latest FI news podcast updates the push toward automation throughout multiple elements of the food industry.
UPDATE: What Kroger, Albertsons’ Merger Means for Grocery Industry
Kroger Co. will merge with rival U.S. grocer Albertsons Cos. – a move that will create a grocery giant.
Why Wegmans Was Forced to Abandon Scan-and-Go App
Wegmans, regrettably, has decided its scan-and-go app has got to go. Wegmans is among retailers realizing scan-and-go, which seemed like such a good idea at the beginning of the pandemic when contactless checkout solutions gained …
Retail Loyalty Programs Now Include… Video Streaming?
Retailers are looking to outside partnerships and personalized benefits as ways to boost the perceived value of their subscription offerings.
More Grocery Retailers Turning to Food-Waste Solutions
Food retailers are leveraging new food-waste programs to cut costs, improve sales, and better manage inventory with a limited shelf life.