The $7.44 trillion U.S food industry is investing in ecommerce, robotics, and technology like never before. Here are three noteworthy trends for food producers and grocery retailers to prioritize in the year ahead.
Perhaps the biggest change in the equity markets over the past 18 months has been the sudden focus on profitability. For years, both public and private companies were allowed – more accurately, encouraged – to …
Avian flu and energy prices are pushing turkey prices to new heights, with breast meat going for more than $6.50 a pound.
Recent food recalls illustrate a “disturbing” lack of food safety culture, according to Dr. Vanessa Coffman. One in six Americans fall ill from foodborne illness annually these days. Making matters worse, the public is often …
Grocers must focus on solidifying loyalty among shoppers during economic turmoil, and a carefully considered advertising approach is key.
Instacart has launched several new features, including shoppable carts curated by celebrities, in an effort to broaden the appeal of the grocery delivery platform. Could these new features signal a transitional period for the grocery …
Retailers are looking to outside partnerships and personalized benefits as ways to boost the perceived value of their subscription offerings.
As many shoppers trade down brands in the wake of rising inflation these days, what retailers need to do to attract these customers differs based on their usual value proposition.
As inflation takes its toll on household finances, consumers are weighing their grocery delivery options. “Delivery continues to be very strong—averaging 9-11 percent of total store sales. Grocers are now planning for, and investing in, …
Solinftec said its scouting and sprayer robots can aid farmers by spot spraying as much as 96 acres per day.
Looking ahead, Pan’s plans to stay true to its core values of reducing meat consumption by making nutritious foods from mushrooms.
The trend of pure play grocers struggling has flipped since 2020, with supermarket stocks for grocers like Albertsons holding their own.
As many shoppers trade down brands in the wake of rising inflation these days, what retailers need to do to attract these customers differs based on their usual value proposition.
C-stores must evolve to provide experiential store journeys rather than serve as just quick, grab-and-go retailers.
With the U.S. inflation rate at an elevated 8.7% for July 2022, consumers, manufacturers and retailers alike must remain agile to adapt to ongoing economic pressures. “The past few years of COVID-19 have brought enormous …
Industry insiders say retailers must offer deeper product information – beyond just labeling – to attract the attention of today’s consumers, many of whom demand environmentally friendly products.
A recent class-action lawsuit calls Skittles “unfit for human consumption” due to their use of titanium dioxide.
7-Eleven’s recent acquisition of start-up Skipcart offers the convenience store chain many future opportunities, a consultant said.
Grocery shoppers are on the hunt for deals with food-at-home prices rising 14.4% year-over-year as of July 31.
The food industry feels cold storage space helps hedge against volatile agriculture prices, but such space is in short supply of late.
Inflation helped boost sales of dairy products more than 16% in June, but consumers reportedly bought fewer units compared with 2021.
Food retailers are leveraging new food-waste programs to cut costs, improve sales, and better manage inventory with a limited shelf life.
Inflation means price-conscious shoppers are trading brand loyalty for promotion hunting habits, but smart grocers can still instill loyalty in their existing shoppers. In fact, grocers can even use this time as an opportunity to …
Shrinkflation is hitting packaged foods, and consumers and producers both are growing anxious about inflation.
The canned cocktail trend is gathering momentum as the summer of 2022 rolls on.
As snacking trends around the world evolve, sustainability is emerging as a key theme across several markets, according to IRI.
Tea-infused cocktails are the latest drink trend on TikTok, signaling that healthy, affordable beverages resonate with consumers.
Retail media networks are emerging as inflation, shifts in consumer behavior, and increasing cost pressures change the future of food retail.
Store-brand baking mix sales are on the rise, as shoppers seek “from-scratch” taste without time-consuming work.
Hershey is in store for a Halloween nightmare of sorts, saying it won’t be able to meet consumer demand this October.
Beyond Meat shares made a slight recovery after falling on news McDonald’s may ditch its McPlant burger amid tepid results.
Food manufacturers are looking to ingredient suppliers to provide sustainable options with the use of upcycling and regenerative agriculture.
Beef eaters have a tough choice to make these days: switch to cheaper proteins or swallow the more than 11% increase in prices from 2020 levels, averaging $5.40 a pound in June.
While sales of plant-based meats have slowed, the category could be ripe for expansion as pricing moves closer to that of traditional meats.
Consumer concerns about discretionary spending pushed Dunkin’ Donuts and Starbucks traffic lower in June, new data show.
Sixty-one percent of shoppers in a Vericast survey said that one of their biggest challenges this year is rising price.
