This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how restaurants are rethinking delivery, grocery chains’ big boost from Turkey Wednesday 2021, and more. The Food Institute Podcast · FI Fast Break …
Last-minute Thanksgiving shopping led to major gains for the nation’s top grocery stores this year. A new report by analytics firm Placer.ai shows the nation’s top grocery store chains saw a big jump in foot …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the “Strikesgiving” trend, Thanksgiving shopping projections, and more. The Food Institute Podcast · FI Fast Break News – Nov. 23, 2021 The FI …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine rising food prices, the so-called “shroom boom,” and more. The Food Institute Podcast · FI Fast Break News – Nov. 17, 2021 The …
Consumers may be seeing less food and retail advertisements on their TV screens this holiday season. Department stores, such as Macy’s and Nordstrom, spent 8% less on TV commercials from July 30 to October 30 …
During CPG Growth Strategies in an Inflationary 2022 – a recent webinar presented by IRI and RBC Capital Markets – experts noted what to expect in the months ahead regarding food prices, the labor pool, …
Kroger may be more than a century old, but the venerable grocery store chain is taking a page from more recent upstarts and betting on e-commerce to keep it ticking long into the 21st century. …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine changing consumer purchasing habits, the lunch day-part’s recovery at restaurants, and more. The Food Institute Podcast · FI Fast Break News – Nov. …
What seemed like something straight out of science fiction just a few years ago is quickly becoming a reality for the food industry. Robots are now doing everything from picking, preparing and delivering supplies. With …
UPSIDE Foods (formerly Memphis Meats) is opening what it says is the most advanced cultivated meat production facility in the world. The Engineering, Production, and Innovation Center (EPIC) features a 53,000-square foot campus in Emeryville, California, …
Holiday spending is shaping up quite differently this year, following months of COVID-19 vaccines and gradual restaurant recovery. Not only are people shopping earlier this season — with stats from NPD Group showing that 51% …
Following a year of supply chain issues and inflation, Thanksgiving dinner could look a little different—and more expensive—this year. Consumer Reports found that turkey prices could go up anywhere from 10 to 15% this holiday …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine encouraging holiday retail sales news, and update trucking delays. The Food Institute Podcast · FI Fast Break News – Nov. 3, 2021 The …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine inflation’s impact on major CPG companies and more. The Food Institute Podcast · FI Fast Break News – Oct. 20, 2021 The FI Fast …
Five members of the U.S. House Judiciary Committee wrote to Amazon.com’s chief executive and accused the company’s top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon’s business practices, reported …
Nigel Hughes had an uncomfortable thought at the outset of the coronavirus pandemic. The SVP of global research and development at The Kellogg Company feared his company might struggle in the snack space amid pandemic lockdowns, since …
Following in the footsteps of Millennials, Gen Z has taken a liking to chains such as Olive Garden and Starbucks, proving everything is cyclical, according to Piper Sandler’s latest Taking Stock with Teens survey. The Food …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the potential impact of soaring fertilizer prices, manufacturing meltdowns in the heartland, and more. The Food Institute Podcast · FI Fast Break News …
As the holiday season approaches and retail projections begin rolling in, food sales look promising. That is, as long as the pandemic and its accompanying labor and supply constraints are kept in check. Overall, holiday …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the projected uptick in holiday spending, the rise in seafood consumption, and more. The Food Institute Podcast · FI Fast Break News – …
In a recent Barclays conference call, a team of analysts discussed the success of gig delivery and how it could become a compelling offering for retailers. Here’s a look at the key takeaways from the …
“Buy now, pay later” (BNPL) options are growing in popularity for larger purchases. Retailers, such as Walmart, are seeing a year-round boost from this purchasing option and are doing away with traditional layaway programs, reported CNBC …
A newly released study conducted by Vericast indicates consumers are leaving brands that aren’t perceived to offer value. The 2021 Deals & Coupons Report conducted by the marketing solutions company reveals that consumers are increasingly …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the increasing attractiveness of restaurant stocks with investors, Barstool Sports’ expansion into the food industry, and more. The Food Institute Podcast · FI …
Restaurants and hotels are pushing back against unruly customers and eschewing the adage “the customer is always right.” Some 60% of restaurant workers said they had suffered from emotional abuse and disrespect from customers, and …
As they brace for what’s expected to be intense holiday demand, warehouse operators are boosting pay, acquiring more talent, and enlisting robots, reported The Wall Street Journal (Sept. 26). TALENT ACQUISITION PUSH Demand for distribution …
While Amsterdam-based e-grocery platform Picnic recently made headlines by raising $707 million in a Series D funding round led by the Bill & Melinda Gates Foundation, perhaps the bigger news is how Picnic and other food …
Fresh fruit dollar sales at the retail level continue to enjoy growth when compared to 2020, according to Food Institute analysis of IRI data. In the 52 weeks ending Sept. 5, dollar sales of items …
The retail industry is hiring at a record pace. In June, the industry saw 1.1 million job openings even after more than 1.1 million workers got hired in a massive hiring spree, reported NPR (Aug. 26). Still, employment …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the latest in e-grocery platforms, update African swine fever concerns, and more. The Food Institute Podcast · FI Fast Break News – Sept. …
Online grocer Misfits Market Inc. nearly doubled its valuation in just five months, making it a unicorn twice over. The direct-to-consumer e-commerce platform buys so-called “ugly” produce from farmers that cannot be sold to stores for aesthetic reasons …
Food waste has become a significant issue around the world, but nowhere more so than in America. In fact, about $161 billion of food is wasted in the U.S. every year, per Rubicon research. In …
A detour to the grocery store on the way home from work used to be just part of the daily grind, but all that has changed, and Amazon’s entry into the grocery business is moving …
According to industry experts, consumers can expect to see higher prices in the last quarter of this year in several grocery categories. Ingredient suppliers are seeing longer lead times because of issues like labor shortages …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the rise of 10-minute “ultrafast” delivery, and how Misfits Market was able to double its valuation in a matter of months. The Food …
On a recent earnings call, Kroger CFO Gary Millerchip said the retailer will be “passing along higher cost to the customer where it makes sense to do so.” The CFO acknowledged the company’s facing pressures …
