The National Retail Federation says the holiday-shopping season appears to be on track to exceed its sales growth forecast of between 8.5% and 10.5%, reported ABC News (Dec. 20). However, with four in 10 Americans …
Labor issues continue to fan the flames of supply chain disruption, fueling raw material shortages and poking holes in production output, while food manufacturers struggle to keep up with volatile demand. “The U.S. manufacturing sector …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine New York City’s vaccination mandate, optimism within the fine-dining space, and more. The Food Institute Podcast · FI Fast Break News – Dec. …
Packaging shortages are fueling persistent fluctuations in food and beverage product availability ahead of the holidays, as many manufacturers source materials from overseas — and there’s no clear end in sight. “Supply chain disruptions continue …
The Federal Reserve reported that supply chain disruptions and labor shortages plagued many parts of the country in November, leading to rising prices across most of the nation, reported The Associated Press (Dec. 1). With …
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 …
Amid surging inflation and a new coronavirus variant, here’s an update on what’s happening across the supply chain. LABOR TALKS AT WEST COAST PORTS West Coast port facility operators will open negotiations with the International …
Editor’s note: Part 3 of a three-part series analyzing the current state of the wine industry. With the strong increase in online wine sales in recent years has come an equally significant increase in the …
Editor’s note: Part 2 of a three-part series analyzing the current state of the wine industry. The effects of supply chain disruptions in the global food industry are well-known and easy to identify: low inventories, …
Chip City launched just four years ago, under less-than-ideal circumstances. The cookie-and-coffee chain’s CEO, Peter Phillips, had a background in construction and was largely unfamiliar with the food industry. The company started with a mere …
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 …
Merger and acquisition activity in the food and beverage industry heated up in 2021, making up for lost time in the early days of the pandemic, but industry experts told The Food Institute the trend …
Despite rising inflation, supply chain bottlenecks, and labor challenges, the food industry should be looking forward to 2022. Additionally, collaboration, communication, and developing personal connections will be critical growth drivers. These were some of the …
To stockpile or not to stockpile – that is the newest question businesses are grappling with amidst the deluge of pandemic-induced operational challenges. While fluctuating demand has left many companies holding — or in food …
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% …
According to the American Trucking Association, there is a serious shortage of truck drivers in this country. The Food Institute gives you the news on why the problem isn’t getting any better. Watch on! To …
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 …
The cost of ingredients for breakfast staples continues to rise as global food production, processing and transportation challenges collide with higher demand from the pandemic rebound. According to the Financial Times breakfast indicator, futures prices …
Food inflation is approaching pivotal levels in the U.S., with prices for food consumed in the home increasing 4.5% in September compared with the same month of 2020. As input costs continue to rise, more …
Merchants were poised for a blow-out holiday season this year. There’s just one glitch: Much of the merchandise they ordered is either stuck in ports or ships at sea because of snarls in land transportation …
Port congestion continues on both U.S. coasts and the situation won’t be resolved any time soon. To deal with the pandemic-driven slowdown of sea networks — or, as Steve Ferreira of shipping consultancy Ocean Audit describes …
The U.S. is experiencing disputes over the fish supply at the Canadian border, mainly due to what’s known as the Jones Act. Here’s a look at the issues at play and how they could impact …
Your calendar may say October, but retailers worried about supply chain issues are thinking Black Friday and relentlessly pushing the holiday shopping season to begin early. The news last year was filled with stories about …
Over half of restaurant operators surveyed by the National Restaurant Association (NRA) say that business conditions are worse now than three months ago. At the same time, sales are sagging. Here’s a look at the …
Panic buying leading to shortages of toilet paper and other commodities took hold at the beginning of the pandemic in March 2020, and experts warn a similar situation could develop in coming months, largely due …
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 …
The backlog of ships off the coast of California has become so dire that the Biden Administration has gotten involved. Additionally, the two primary ports are exploring different strategies in trying to alleviate issues. As …
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 …
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 …
Whether by sea, by rail, or by highway, the nation’s supply chain has never been more complicated. Here’s a quick roundup of recent supply chain developments, in what has become a year loaded with slowdowns. …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the popularity of loyalty programs, the ascent of dollar stores, and more. The Food Institute Podcast · FI Fast Break News – Sept. …
After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine U.S. food distributors’ supply chain pain, unique new restaurant endorsement deals, and more. The Food Institute Podcast · FI Fast Break News – …
