Proper inventory management is a top concern for retailers. Out-of-stock items and inefficient replacement strategies can result in lost sales, reduced customer satisfaction, and lower loyalty levels. In response to these challenges, companies like Walmart …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: retail sales, supply crunch, global forecast, earnings from Darden Restaurants (DRI), and more. …
Strong grain prices, low interest rates and increasing exports are bringing stability to the rural economy, the June Rural Mainstreet Index from Creighton University indicates. Strong growth points to an improving farm economy featuring solid …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: employment, earnings from The J. M. Smucker Company (SJM) and more. Is America …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: food inflation, earnings from Cracker Barrel (CBRL), Sanderson Farms (SAFM), Costco (COST) and …
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down food shortages, a spike in organic food sales, and the recent uptick in automation. The Food Institute Podcast · FI Fast Break …
The start of the return to normalcy has created problems for restaurants, bars and other venues with demand outstripping supplies and creating shortages of a variety of foods and other commodities. Couple that with difficulty …
Since the beginning of the year, foot traffic to U.S. food and beverage establishments is up 41 percent, according to Zenreach data. And with the weather getting nicer, vaccinations on the rise, and dining limitations slowly being lifted, restaurant traffic continues to soar. Restaurant …
A persistent kink in the global supply chain is getting straightened out – slowly, but relatively surely. The backlog at southern California ports appears to finally be easing, even as imports continue to flood into …
Congested ports in the U.S. continue to cause major supply chain disruptions. The California ports of Los Angeles and Long Beach — which together handle more than a third of U.S. container imports — are …
While the gap between food insecurity and food waste is significant, increased government, industry and community efforts can narrow the divide. But with global food demand projected to rise anywhere between 59% to 98% by 2050 …
An influx of imports, plus work forces being affected by the pandemic, are causing backlogs at major U.S. seafood ports leaving stranded containers of frozen fish on ships and docks. Freezers in key port cities …
Food businesses are facing logistics issues regarding rising freight costs on top of the ongoing COVID-19 crisis. Rising freight rates and delivery delays have led to global backlash from companies frustrated about the mix of …
USDA will run a $1 million research project on how COVID-19 may be transmitted through the beef supply chain, reported Reuters (Sept. 25). The two-year project, which begins in October, aims to reduce the risk …
FDA proposed a new rule that lays the foundation for end-to-end traceability across the food industry. The proposed rule would create a first-of-its-kind standardized approach to traceability recordkeeping, paving the way for industry to adopt …
With popularity of frozen foods up during the pandemic, supply chains for frozen products are undergoing their own set of challenges. Eighty-six percent of consumers said they bought frozen food in March and April, with …
I heard a commentator on TV recently describe the coronavirus as an “accelerator.” In his words, the dramatic industry changes we are currently seeing would have happened anyway in a non-pandemic world, just not as …
Meatpacking facilities across the U.S. have become hot spots for the coronavirus, impacting production of chicken, beef, and pork and causing worry about the nation’s food supply, reported The Wall Street Journal (April 28). In …
This year’s Super Bowl showcasing the Kansas City Chiefs and the San Francisco 49ers drew nearly 100 million viewers. Analysis of this year’s event found some interesting buyer behaviors for grocers and suppliers to consider. …
As fast food chains battle for the best chicken sandwich, poultry is in high demand. The chicken war began in the summer of 2019 when Popeyes launched its chicken sandwich. Months later, the chain is …
The coronavirus is a reminder it is important for businesses to have plans in place in the advent of emergencies. The primary goals of crisis communication and management are to limit the damage, preserve the …
The world’s population is expected to hit nearly 10 billion people by 2050, and the food industry’s current model for feeding the world—destroying natural resources at a rate far faster than they can be replaced …
Food in 2020 will be tasty, healthy and increasingly compatible with the imperatives of sustainability. While food will look and feel similar to what is consumed today, it will come from radically different sources in …
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