How Much Inflation Can Consumers Handle?
Inflation at the grocery store continues to rise — and consumers are noticing. In fact, the CPI food at home index rose 7.4 percent over the last 12 months, according to The Bureau of Labor …
Inflation at the grocery store continues to rise — and consumers are noticing. In fact, the CPI food at home index rose 7.4 percent over the last 12 months, according to The Bureau of Labor …
Interactive & Educational Conference Designed to Meet the Needs of Retailers, Foodservice Operators, Food Manufacturers, Investors, Financial Services and Policy Makers, Scheduled for June 1-3 February 16, 2022/FI Newswire/ – The Food Institute and The Lempert …
Editor’s note: This article is a free, one-time preview of The Food Institute’s new Premium articles, which will be available to members. To join FI, click here. Dr. Kellyann Petrucci, a New York Times best-selling …
Nearly two years into the COVID-19 pandemic, consumers are still buying in bulk. Following over 20 years of steady but slow sales growth, sales at bulk retailers Costco, Sam’s Club and BJ’s Wholesale Club, rose 26.6% …
The Los Angeles Rams have won eight of their last nine games, the Cincinnati Bengals six of their last seven. As impressive as that is, the teams aren’t nearly as hot as one Super Bowl …
Amazon sales continue to rise, with the e-commerce giant reporting fourth-quarter sales grew 9.4% to $137.4 billion. Notably, Amazon had its biggest-ever Black Friday to Cyber Monday holiday shopping weekend. Further, during the holiday season, …
While the food delivery market has garnered its fair share of headlines in recent months, pick-up remains a powerhouse for grocery e-commerce. That’s according to Brick Meets Click partner David Bishop, who recently joined The Food …
A new rule could boost blockchain-based food tracking. The rule, expected next November, would require the food industry to maintain records associated with the critical tracking events on the supply chain, according to Frank Yiannas, …
Nearly eight in 10 Americans expect inflation to persist over the next six months—and they’re probably right. Half even anticipate it to increase “a lot,” while 78% expect interest rates to rise, according to a …
Demand for coffee outside the home increased substantially in 2021, while traction at the grocery store remained strong – further solidifying the category’s overall appeal and adaptability to shifting consumer behaviors. According to a recent …
The bakery department bounced back in 2021, with the fresh perimeter making a full recovery and overtaking aisle bakery as the sales growth leader. Furthermore, perimeters that faired best were those that didn’t just try …
Gopuff is launching its very own line of private label products. Bottled water will kick off the “Basically” brand, followed by other household items like cleaning products, paper products, and food storage, reported CNBC (Jan. …
Indoor farming company Gotham Greens is growing at an eye-opening rate. CEO Viraj Puri recently told The Food Institute that his company “has grown from a single rooftop greenhouse in Brooklyn, New York, to over …
The Kroger Co. released its 2022 Food Trends Report, which predicts emerging food trends, consumer behaviors, and popular items for the year ahead. The Food Institute took a deeper dive into some of the most …
The deli department was a grocery hotspot in 2021 and retailers are anticipating continued popularity in the year ahead. According to IRI data, deli department sales totaled $40.8 billion in the 52-week period ending December …
The so-called Great Resignation is only picking up speed, it seems. LinkedIn data show millions of baby boomers are retiring early, and millions of Gen Z workers in their 20s are quitting and re-evaluating life …
The past year has been hugely impactful on the world of grocery. Dunnhumby’s latest Retailer Preference Index (RPI) dives into who saw success this year and how they got there, as well as the effects …
Convenience stores have been reaping the benefits of pandemic-induced shifts in consumer behavior and many chains across the U.S. are targeting expansion, according to a Retail Tenant Expansion Report by real estate firm Stan Johnson …
The omicron coronavirus variant is causing headaches for American businesses. With the daily COVID case count surging above the half-million mark in the U.S., governments and businesses are imposing vaccine requirements on both employees and …
With grocery prices at a 10-year high, a recent survey by KPMG finds consumers expect prices to rise even more in 2022, with everything from mac-and-cheese to mustard and produce logging hefty increases. The KPMG …
Snacking behavior continues to evolve as more consumers return to work and resume activities outside the home. In the months ahead, companies should anticipate demand for on-the-go items —including snack bars and single-serve packaging — …
New rules on animal welfare are slated to take effect Jan. 1 in California, but a coalition of restaurants and grocery stores have filed suit to block implementation for more than two years, arguing they …
As another year comes to a close, Google revealed its annual list of top trending food searches. Here’s what consumers were looking for in 2021: TikTok pasta Bacon jam Birria tacos Crockpot chicken Hamantaschen Squid …
Propelled by the pandemic, robotic innovations are still making food-industry headlines. A few of the latest developments include: 7-Eleven partnered with Nuro to pilot a commercial delivery service using autonomous vehicles in the Silicon Valley …
Third-party delivery services like Instacart, UberEats and DoorDash have taken the world of grocery, retail and restaurants by storm. So, what’s the next great innovation for these segments? It could be autonomous delivery, using vehicles …
The convenience store channel grew 7.7% in the 13 weeks ending September 26, outperforming the broader market for the third consecutive quarter, according to a new report from data analytics firm IRI. Stronger growth in …
The Federal Reserve reported that supply chain disruptions and labor shortages plagued many parts of the country in November, leading to rising prices across most of the nation, reported The Associated Press (Dec. 1). With …
Last-minute Thanksgiving shopping led to major gains for the nation’s top grocery stores this year. A new report by analytics firm Placer.ai shows the nation’s top grocery store chains saw a big jump in foot …
Retail alcohol sales are significantly higher than 2019 levels. According to a report recently published by Columbia University’s Mailman School of Public Health, during the worst months of the COVID pandemic (March-September 2020), U.S. alcohol …
A recent global survey conducted by EY (Ernst & Young) illustrates consumers are re-evaluating big purchases these days. That said, consumers certainly aren’t shying away from spending on groceries. “Online grocery shopping is a clear …
With the pandemic threatening to intrude on a second holiday season and the nation’s workers rethinking what they want out of their jobs and careers, labor unrest has been sweeping through U.S. companies of late. …
Chicago residents in need of last-minute ingredients are in luck. Getir, the Turkish provider of ultrafast, 10-minute grocery delivery, started operations in the Windy City this week. The company, which was founded in Istanbul in …
Demand for gluten-free products continues to rise as more consumers adopt special dietary lifestyles – and grocery retailers and CPG companies are responding accordingly. The global gluten-free packaged food market, estimated to reach $9.6 million …
Where have all the corner drug stores gone? Those of a certain age remember the traditional corner drug store – the place you went after school, nickels clutched in hand, to buy a piece of …
Consumers may be seeing less food and retail advertisements on their TV screens this holiday season. Department stores, such as Macy’s and Nordstrom, spent 8% less on TV commercials from July 30 to October 30 …
By most accounts, post-pandemic life will involve lots of online shopping for consumers. Coronavirus lockdowns nudged most consumers in that direction, and innovation is pushing them further toward adoption of extensive online shopping for purchases …