Virtual Reality Can Provide Grocers Deeper Insights Without Breaking the Bank
VR technology can help grocers optimize planograms and get a better understanding of how shoppers browse their aisles.
Food Retail Archive
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COLUMN: For Tyson and JBS, the Problem is Not Just the Cycle
Input costs are up, prices are falling, volumes are down. It’s an unprecedented environment.
Summer Preview ’23: Inflation Alters Vacation Plans
Inflation is lingering like an in-law overstaying their welcome. As a result, consumers are demanding deals as they make vacation plans for summer 2023. Judging by recent research, consumers plan to hit the road in …
C-Stores’ Transformative Era Is Upon Us
The C-store landscape has changed drastically over the last several years, but the transformation is far from over.
Shrimp: The New Seafood Value Proposition
When it comes to seafood, shrimp is, well, no shrimp. While other seafood prices have been on the upswing since the pandemic era, shrimp prices have remained affordable and stable, providing value opportunities for savvy …
COLUMN: Throwing a Lifeline to Leaders in a Volatile Market
Business owners must keep their fingers on the pulse to forecast whether the cash in the business is sufficient to maintain operations and overcome the volatile market conditions.
Why Lemon8 May Replace TikTok as Top Marketing App
As Congress considers a ban on the social media platform TikTok due to questions about the privacy of data, online safety concerns and connections with the Chinese Communist Party, many individuals and businesses alike are …
Short-term CFOs Offer Grocers a Sizable Assist
Many grocers operate with small, tight teams that are experts at their jobs — but this can leave the company shorthanded when a major project or expansion pops up.
How to Foster Loyalty in a Competitive Retail Space
With the ever-increasing amount of shopping options – from local grocers to whole and organic nutrition vendors and widespread grocery chains – growing customer loyalty is more important than ever for those in the retail …
Inventory is Everything, Especially in Omnichannel Grocery
Omnichannel grocery is here to stay, and while operating in multiple channels can increase profits, it can also increase challenges.
How to Win in the 2023 Snacking Universe
“Snacking is still a lifestyle in the U.S., fueled by the younger generation,” Wyatt began. “We’re in an unprecedented situation as price hikes in this category are outpacing other food/bev categories.”
The Future of Food Retail
Grocers continue to be challenged by the emergence of competitive C-stores, inflation, and a looming global recession.
Dollar Stores Are Becoming Problem for Grocers
Shoppers flock to dollar stores, attracted by their low prices and convenience, but opponents say they harm a community more than help by taking sales from traditional grocery stores. In some cases, they can lead …
The State of Wagyu in America
Wagyu often tops restaurateurs’ dinner menus as the cut de la creme, the luxurious and bougie beef, the apex protein for the apex predator armed with a sharp knife, a crisp vegetable, and an appetite for the sublime.
Analysts: Global Rice Shortage Likely to Last for Months
The ramifications of weather and war have resulted in a global rice shortage, which could be among the worst in nearly a quarter century. Rice production for 2023 appears destined for a severe shortfall. “The …
Shoplifting Has Become a $100B Problem for Retailers
The good news is the waning pandemic has allowed consumers to return to in-person shopping; the bad news is the return has been coupled with a sharp rise in retail shoplifting theft, a $100 billion …
The Inflationary Consumer: Fewer Trips but Bigger Carts
Consumers’ grocery shopping habits are changing as they grapple with inflation, leading to fewer trips but spending more during each visit. Between November 2022 and January 2023, average basket size rose 6% while number of …
What Convenience Means to Each Generation of Shoppers
Convenience is a high priority for most grocery shoppers regardless of demographic, but is especially high for millennials.
The Food Institute Launches FI Latam Content Platform
NEW YORK, April 13, 2023/FINewswire/– The Food Institute, the leading source for food industry news, data, and trends, announced today the official launch of “FI Latam” – The Food Institute’s Latin America-focused content platform. Elements …
How to Use Automation & Tech to Profit From Markdowns
For grocers, surplus food can lead to panic because they know that the longer products stay on the shelves, the less profit they yield. Many grocers still treat markdowns as an afterthought, however, which leaves …
Report: Food Prices Surge in Urban Areas
The pain of high food prices is especially acute in some major metropolitan areas, with August 2021 to August 2022 seeing the largest annual increase since the 1980s, a U.S. Government Accountability Office report found. …
Webinar Shows ‘Healthy’ Top of Mind for Consumers
The Food Institute was recently joined by two registered dieticians to discuss the state of wellness for the Food Industry. Marie Molde (MBA, RD) from Datassential and Barbara Ruhs (MS, RDN, RD) from Avocados from …
Social Media Holds Untapped Marketing Potential for Grocers
A new grocery insights report by MikMak noted key ways retailers can improve their social media marketing strategies – especially by utilizing YouTube.
Execs Offer 4 Steps to Survive a Recession
With some financial experts predicting a fairly significant downturn soon, here’s advice for recession-proofing your business.
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Top Lessons Grocers Can Take From Walmart, Dollar General, and Kroger
Walmart, Dollar General, and Kroger are juggernauts in the grocery space, but each operates a very different format and each can provide lessons for other retailers.
Natural, Organic Food Sales on the Rise
Once was a niche product category, natural and organic foods have now become a thriving sector.
Driverless Delivery Trucks Quickly Becoming a Reality
Autonomous trucks with an empty driver’s seat may sound futuristic and far-off, but they’re already on the roads making deliveries in Arkansas and Ontario. Next stop? Kroger, in Dallas.
Carrefour Aims for Era of Profitability
Grocery giant Carrefour is shifting its focus from growth to profitability – and other companies may want to follow suit, according to industry executives.
International Cuisine, Natural Ingredients Could Define 2023
A new report suggests healthful ingredients, indulgent dishes, and exotic international cuisine could dominate menus in the months ahead. Cozymeal’s 23 Food Trends for 2023 report made it clear that products catering to the health …
New Technology Could Revolutionize Food-Allergen Testing
Stocking Sustainable Brands is Key to Preventing Trade Downs
The importance of offering sustainable products is hard to overstate — seven out of 10 consumers find sustainability more important today than they did two years ago, and more than half consider it “very important” according to Glow’s 2023 US Brand Sustainability Benchmark Report.
Top Trends from Expo West Include Evolving Plant-Based Protein
Natural Products Expo West 2023 put plant-based innovation on display. Here’s a look at the trends that were most apparent.
In the Age of Self-Checkout, Great Employees Can Offer Standout Experiences
Convenience is an important aspect of the modern retail landscape, from self-checkout lines to completely cashier-free stores, but frontline associates can still define the experience — particularly in grocery.
Report: Global Salt Consumption Spiraling Out of Control
The World Health Organization had hoped to reduce worldwide dietary salt consumption by 30% by 2025, but a report issued this month by the U.N. agency admits the plan is woefully off track. Sodium is …
How Food Processing Companies Can Build a Resilient Supply Chain
Is AI the Future of Grocery Customer Service?
AI is the future of food retail. A recent study found that the global AI-in-retail market was worth $8.4 billion in 2022 and will jump to nearly $46 billion by 2032.