US Treasury Cuts Costs by Axing the Penny: What it Means for Retailers
The penny’s swan song – likely to occur next year – may save millions, but it won’t shake 99-cent psychology in retail pricing.
The penny’s swan song – likely to occur next year – may save millions, but it won’t shake 99-cent psychology in retail pricing.
The latest FI Fast Break podcast notes how July brings another round of U.S. minimum wage increases in states such as Alaska.
Food and beverage businesses have begun to feel the impact of tariffs imposed by President Donald Trump. Some have absorbed the blow. Others were left staggering. When the U.S. raised steel and aluminum tariffs to …
The latest FI Fast Break podcast touches on the latest related to Pres. Trump’s tariff plans, and the outlook for the energy drink market.
Despite rising costs, 2025 is shaping up to be a fairly strong year for many restaurant chains, with top players like Cava and Chick-fil-A thriving by mastering efficiency, marketing, and customer experience. The smartest brands are pricing strategically and leveraging technology to drive success.
Despite wage gains, food inflation continues to outpace earnings, leaving consumers increasingly anxious about grocery costs. Meanwhile, new tariffs threaten to disrupt the food industry, with stakeholders bracing for volatile pricing and potential shifts in shopper loyalty.
The latest FI Fast Break news podcast touches on a recent study that suggests GLP-1 weight-loss drugs alter the “taste perception” of users.
The latest FI Fast Break news podcast touches on how Americans are scaling back on summer travel plans due to economic uncertainty.
Despite escalating trade tensions and a growing Canadian consumer boycott of American products, U.S. brands still have opportunities in Canada, particularly in resilient categories like soft drinks. A poll by Leo & Dragon revealed that Millennials and Gen Z consumers remain open to purchasing American goods.
Amid the latest round of tariffs, global retailers like Walmart are weighing controversial price hikes beyond the U.S., a move that could shake consumer trust. Experts warn that spreading costs globally may backfire, leading to unintended economic fallout.
The latest FI Fast Break news podcast touches on a new study suggesting that many GLP-1 drug users have reduced their beef intake.
The latest FI Fast Break news podcast discusses how trade tensions continue to drive consumers to tighten their wallets.
With ingredient bans, rising tariffs, and the influence of GLP-1 weight-loss drugs, the CPG industry faces a pivotal moment. Forward-thinking brands that embrace strategic supply chain shifts and data-driven consumer insights are most likely to emerge as winners, experts say.
This summer is expected to bring a major shake-up in tomato pricing, as a 17.09% tariff on Mexican imports takes effect, threatening to disrupt a $3 billion market that supplies 70% of U.S. tomatoes. Importers predict higher costs and fewer choices.
The latest FI Fast Break news podcast touches on thawing trade tensions between the U.S. and China, and more trending industry news.
Kraft Heinz’s recent quarterly earnings report posted year-over-year organic volume declines of 7.1% for the period. One potential culprit: the brand’s iconic Mac & Cheese brand is among their weakest performers, per management.
Despite Chipotle’s recent sales slump heading into 2025, investors are not worried about the future of the company. Although Chipotle stock has fallen 27% since December 6, its modest performance is peanuts compared to the fast casual sector, and its historic strength signals it can brace the bump.
In this week’s FI News Review, we look at a potential increase in international manufacturing expansion into the U.S., a $27 million initiative to reduce methane emissions, and more.
Jodi Ader from RSM US LLP joined The Food Institute Podcast to discuss which products and inputs are currently subject to tariffs, and how to best mitigate supply chain risks.
The latest FI Fast Break news podcast touches on messaging about carbon footprints on food labels that may be key to sustainable food choices.
Tariffs rattled the stock market, leading to a sharp overall decline, yet food industry stocks like McDonald’s demonstrated resilience, buoyed by their perceived safety in economic downturns. This reaction highlights the food sector’s potential advantages in navigating recessionary environments.
Fresh tariff legislation is reshaping the food industry’s landscape, with skyrocketing costs and logistical hurdles threatening the flow of fresh produce across North America. To thrive in this era of uncertainty, businesses must embrace innovation, leveraging automated tools and real-time data to adapt swiftly and maintain supply chain efficiency.
Lou Biscotti from CBIZ explains how uncertainty, tariffs, geopolitical tensions, and inflation are impacting the food and beverage industry.
The proposed tariffs by the Trump administration on Mexico and Canada are expected to significantly increase fresh produce costs in the U.S.
The latest FI Fast Break news podcast notes new research that points to the link between diet and lung cancer.
The Trump administration’s 25% tariff on Mexican goods has left F&B companies scrambling to respond. Many are making contingency plans.
The latest FI Fast Break news podcast touches on the smaller and regional brands that have begun to emerge as consumers seek affordability.
The latest FI Fast Break news podcast touches on rising global obesity rates, the future of the Walgreen’s pharmacy chain, and more.
The latest FI Fast Break news podcast discusses Coca-Cola’s apparent pivot away from sugar, along with other industry news.
The quest to lower one’s biological age, which reflects physiological health rather than years lived, could soon reshape the health and wellness landscape, driven by advancements in aging research. The F&B industry has a unique opportunity to innovate products that support longevity.