Tag: Target

The Keys to Marketing to Gen Z Consumers

Which brands are most popular among Gen Z? That question was examined in depth in a recent Morning Consult report. And, included among social media brands like TikTok and gaming entities like Twitch, plenty of …

Retailers Overloaded with Inventory at Summer’s Outset

Who doesn’t love a bargain? Consumers likely will be in luck this summer as retailers, whose inventories have swollen largely due to the pandemic and shifts in buying behaviors, try to rationalize their stocks amid …

How Amazon is Changing the Grocery Landscape

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 …

Walmart Makes Major Play in Last-Mile Delivery

Walmart plans to open up its in-house delivery platform, Spark Driver, to other businesses. The retailer is doing so to allow the independent contractors out delivering Walmart merchandise to make additional deliveries along the way, …

FI Fast Break audio news: Aug. 11, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how consumers are stocking their pantries due to the Delta variant, the restaurant industry’s recovery, and more. The Food Institute Podcast · FI …

Employers’ Latest Hiring Tactic: Tuition-Free Degrees

Hiring and retaining employees has been a battle throughout the coronavirus pandemic, so companies are upping their game, waving perks like signing bonuses at workers. Now, the latest trend entails major employers like McDonald’s offering …

As Retail Spending Rises, Target Growth Rates Best Walmart 

Big-box retailers have reported surprisingly strong first-quarter results as consumers – with more money from stimulus checks and rising optimism about a return to normal life – spent more in-store and online as COVID-19 cases fell and vaccination rates increased. And, while Walmart posted sector-leading earnings that surged past Wall Street estimates …

Plenty of Room for Growth in Plant-Based Space

While Oatly may be making waves for its proposed $10 billion IPO, competition in the space continues to heat up as new competitors expand their product ranges. Meanwhile, the health benefits of these products continue …

Millennial Brand Favorites Revealed in New Survey

Millennials’ favorite food and beverage brands in 2021 highlight a taste for convenience, comfort, and quality with a focus on affordability. The popularity of private labels and non-traditional retailer formats are also on the rise. …

Premium Private Labels Continue to Disrupt Grocery Market

The demand for private label grocery products remained strong throughout the pandemic, with higher-end premium lines driving sales for traditional grocers, clubs, and mass merchandisers. Now, Kroger plans to add 660 items to its private …

A Closer Look at Gen Z’s Eating and Shopping Habits

Food is Gen Z’s No. 1 wallet priority at 23%, according to Piper Sandler’s annual Taking Stock with Teens survey. The survey highlights discretionary spending trends and brand preferences from 7,000 teens across 47 U.S. …

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2021 Food Labeling Summit

Frozen Food Supply Chain Feels COVID Strain

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 …

Shoppers Connect with Private-Label Brands

Private-label brands have been performing well during COVID-19. Entering 2020, the category grew more than 4% as national brands only grew at 1.5%, according to Nielsen. As the year carried on, the category continued to …