Tag: Reuters

Big Food, Big Trouble: Small Brands Steal Share Amid Inflation

Major food companies are losing market share to smaller, often regional brands as consumers – especially Gen Zers – seek out more affordable options. This shift, driven by social media and changing consumer preferences, poses a significant challenge to established brands that rely on measures of success like shelf space and distribution.

7-Eleven Pilots Food-Centric Design Amidst Headwinds

7-Eleven parent Seven & i Holdings Co. recently outlined plans to update its domestic footprint with improved food experiences. This could be a winning strategy for a business that has faced headwinds of late.