Pandemic pressure from consumers has supercharged e-commerce technology and triggered its rapid adoption, ultimately blurring the boundaries between traditional food categories like never before. The stage is now set for an omnichannel future wherein providers …
Labor shortages have slowed the post-pandemic foodservice renaissance. Restaurants ranging from fine dining to quick serve are looking at approaches to combat the dearth of workers. DMA and The Food Institute brought together four industry …
As COVID-19 eases in the U.S., retailers are preparing for business in a new, post-pandemic paradigm. Here are some recent highlights: Amazon Prime Day Amazon Prime Day always has a big impact on the company’s …
Chipotle Mexican Grill isn’t just boosting wages for its workers; it’s also increasing menu prices by nearly 4% to cover those raises. That’s according to a CNBC report which noted the company will be bringing …
The pandemic has forever changed the foodservice industry, especially how suppliers acquire and develop customers. And it’s a long time coming for an industry used to massive trade shows, guided cuttings and golf outings for …
The 2020 pay package of DoorDash CEO Tony Xu far exceeded that of most S&P 500 CEOs. However, it’s not the only one to raise eyebrows. In fact, CEO compensation rose to an average $15.3 million …
These days, the prices of multiple commodities are liable to inspire a double take. Here’s a look the commodities with the most noteworthy price spikes of late. LOBSTER Ahead of Memorial Day weekend, it was …
Meal-kit supplier HelloFresh has enjoyed a notable uptick in popularity since the outset of the pandemic. And, even as COVID-19 vaccinations have increased and consumers have started to dine in restaurants more and increase their …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: employment, earnings from The J. M. Smucker Company (SJM) and more. Is America …
Ever had the odd feeling that something you buy regularly doesn’t look quite right? It’s more than the new colors on the label or a new shape. The price is the same, but … You’re …
Influencer marketing has grown rapidly in recent years, and marketers are leveraging social media influencers to increase brand awareness. While the word “influencer” has been buzzing in the social media marketing world for years, there’s …
Restaurants and supermarkets are struggling to find enough workers to open new locations, as noted by The Wall Street Journal (June 3). There were a record-high 8.1 million unfilled jobs at the end of March, …
Grocery e-commerce spending increased by an eye-opening $26 billion in 2020. When the dust settled by year’s end, the 84% jump accounted for 9.5% of all U.S. food and beverage sales. According to a recent, …
Stress and uncertainty cause people to seek out comfort rather than challenge. And, with 2020 presenting so many challenges, it’s no wonder that the “comfort economy” is booming. Trends in sectors ranging from technology to …
Chipotle’s half-decade commitment to sustainability largely serves as a blueprint for the foodservice segment. In 2018, Chipotle announced that, by the year 2020, the fast-casual chain aimed to divert half of all of its restaurant …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: food inflation, earnings from Cracker Barrel (CBRL), Sanderson Farms (SAFM), Costco (COST) and …
The modern concept of vertical farming was put forth in 1999 by Columbia University microbiologist Dickson Despommier, who along with his students, came up with a design of a skyscraper farm that could feed 50,000 people. …
Consumers are clearly eager to get out and spend after being cooped up at home for over a year, but as costs continue to rise, how much they’re willing to buy is limited. BOOSTED SPENDING …
Many fast-food chains, including Chick-fil-A, Wendy’s, and Burger King, continue to expand their ghost kitchen operations and lean further into the delivery space. But with dining restrictions easing and restaurant traffic on rise — why …
With over half of Americans now being vaccinated, travel is making a major comeback after more than a year of pandemic lockdowns. AAA forecasts that 37 million Americans will travel at least 50 miles from …
Nearly $1.9 billion of global venture capital was invested in indoor farming in 2020, nearly tripling over 2019, according to PitchBook data. With those figures in mind, here is a look into some recent developments: …
As U.S. consumers return to restaurants, operators should embrace plant-based foods to differentiate themselves and boost business in the new world of post-pandemic foodservice. A webinar sponsored by DMA (Distribution Market Advantage) and presented by …
The start of the return to normalcy has created problems for restaurants, bars and other venues with demand outstripping supplies and creating shortages of a variety of foods and other commodities. Couple that with difficulty …
Escalating food and grocery prices have many U.S. shoppers rethinking their loyalty to retailers and brands, according to a new survey by Inmar Intelligence. Although vaccines and looser business restrictions are making consumers eager to get …
Since the beginning of the year, foot traffic to U.S. food and beverage establishments is up 41 percent, according to Zenreach data. And with the weather getting nicer, vaccinations on the rise, and dining limitations slowly being lifted, restaurant traffic continues to soar. Restaurant …
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 …
As 20 million U.S. workers lost their jobs last year and most businesses shut down because of the pandemic, many of the nation’s CEOs saw their compensation rise despite massive corporate losses. “Many of these …
U.S. retail stores and restaurants are weighing updated CDC guidelines that allow fully vaccinated people to remove their masks in both indoor and outdoor settings. According to the CDC, a person is fully vaccinated two …
Walmart recently posted strong quarterly sales growth and boosted its profit outlook, as comparable sales increased 6% for U.S. stores, excluding fuel, according to Bloomberg (May 18). The retailer attributed the strong performance to a …
Over the past year, convenience store business has been growing—particularly in the acquisition space. Convenience store in-store sales reached a record $255.6 Billion in 2020, according to NACS State of the Industry data. While total …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: CPI, PPI, small business optimism, Tyson Foods, Inc. (TSN), Aramark (ARMK), Utz Brands, …
Matt Thomas didn’t found his company, Brew Dr., thinking he would someday sell kombucha that’s infused with hemp derived CBD. In fact, in 2021, CBD-infused products still only make up roughly one-tenth of 1% of …
In preparation for the summer and warmer weather, consumers are spending big on barbecue supplies. Consumers increased purchases of barbecue-related consumer packaged goods products in April, according to NCSolutions. Nearly all barbecue categories grew faster …
Recent delivery innovations by Amazon, Kroger, and Walmart are bringing groceries beyond consumers’ doorstep. Sales from grocery deliveries surged throughout 2020 and demand for the service remains high. In February 2021, online grocery deliveries and …
Amazon is launching a new system called Amazon One at a Whole Foods store in Seattle, with plans to expand to seven other stores in the area. The rather innovative technology allows shoppers to associate …
Kerry Group recently released its 2021 Taste Trends report, highlighting food and beverage trends that are gaining traction in several regions worldwide. The annual report aims to highlight the key ingredients and tastes currently influencing …
