Analysis: Beyond Meat Earnings Indicate Alt-Meat Category in Trouble
Beyond Meat reported third quarter earnings on Wednesday afternoon, and they were disastrous. Revenue declined 22.5% year-over-year … and that wasn’t even the worst news.
Beyond Meat reported third quarter earnings on Wednesday afternoon, and they were disastrous. Revenue declined 22.5% year-over-year … and that wasn’t even the worst news.
Despite some uncertainty about future challenges, restaurant operators, suppliers, and distributors remain optimistic about the future of foodservice.
Grocers seeking the full potential of their digital platforms may want to investigate contextual commerce, wherein they present products to customers based on their wants and needs rather than the contents of traditional store aisles.
According to a new survey, on average, consumers spend $13 per order on so-called “hidden” delivery fees. Despite such fees, young adults seem willing to pay.
When the Coca-Cola Co. announced it was discontinuing Honest Tea, co-founder Seth Goldman jumped into action. In a recent episode of The Food Institute Podcast, Goldman discussed his decision to launch Just Ice Tea and …
Demand for plant-based condiments is spreading in the U.S., and The Kraft Heinz Not Company is zeroing in on plant-based mayo. In late October, Kraft Heinz and NotCo unveiled their first collaborative offerings — plant-based cheese …
As consumers are starting to demand more sustainable packaging solutions for foodservice products, operators, suppliers, and distributors must make sound business choices in their sustainability journeys.
The effects of the COVID pandemic, continuing labor shortages and higher transportation costs, as well as drought and outbreaks of avian influenza, will impact Thanksgiving spending, sending turkey prices up more than 70% compared with …
This article is written and sponsored by Kerry. Each year, Kerry evaluates trending flavors and tastes across five key categories: sweet, salty snack, savory, hot and dairy-based beverages, and cold and water-based beverages. Within each category, …
My augmented reality (AR) journey with a pear began easily enough. Scan to Experience the Vortex of Augmented Reality, reads the QR code on the homepage of usapears.org. I’ve always wanted to enter a vortex, …
Oversized windows, offering ideal natural light. … Fitness centers. … Outdoor work areas. Don’t look now, but many of the newest factories in America feature items that sound like descriptions on Zillow.com. To retain employees, …
NASHVILLE, Tenn. – For supply chain success, all stakeholders from manufacturers to operators must collaborate openly and effectively. That was the general theme of the “Supply Chain Talent All Star Panel” at the DMA Nashville …
Inflation is hitting Americans hard and is causing most to cut back everyday items. A recent survey from Attest proves that food and beverages are not immune to necessary cutbacks. Dr. Lin Carson, CEO of …
Smart data and inventory management solutions can help account for lost revenue and even provide further sales opportunities.
What are Whole Foods top trends for food in 2023? Brands with a mission ranked highly in this year’s report.
A growing number of plant-based burger chains are cropping up across the country as more younger consumers flock to quick service restaurants
Square Roots and Gordon Food Service partnered to open a climate-controlled farming facility inside a Springfield, Ohio, distribution center.
Inflation is on the rise, the economy is in a downturn, and consumers have returned to shopping in-person in pursuit of discounts—all of which spells trouble for instant-delivery companies.
A new survey shows the value that having a clear sustainability mission can have for purpose-led brands in the CPG space.
Earlier this year, Coca-Cola (KO) chose to shut down most of the Honest branded beverage business it had acquired from Seth Goldman years earlier. Shutting down an acquisition is a rare decision in CPG firms. …
When COVID-19 crashed into my booming New Jersey food truck business in 2020, the damage was significant: State lockdowns quickly led to catering event cancellations that resulted in massive revenue losses. Not only that, but …
Cookie chain Crumbl is suing a pair of smaller competitors, alleging their packaging and presentation are too similar to its own.
If inflation continues to rise, 57% of retailers will continue to boost everyday prices, according to a new survey. Should this occur, retailers need to take care as they chart their path forward.
Retailers including Walmart and Kroger have embraced in-store robots to help keep stores clean on a consistent schedule, and the automated tools offer benefits for any retailer to enhance its operations.
New flavor trends are emerging at the intersection of persistent food inflation and pent-up consumer demand leftover from COVID lockdowns.
With climate change threatening major changes that will affect food production, activists are promoting the Plant-Based Treaty.
Here are key stats on what, and where, Gen Z is eating these days, according to Piper Sandler’s Fall Taking Stock with Teens survey.
Interest in ramen has grown over the past five years, with mentions of ramen entrees increasing more than 32% during the period, mostly at full-service restaurants.
Loyalty spending reached the highest point on record across all restaurant and convenience store concepts in 2021. This traction reflects the value of loyalty programs as a source of revenue during inflationary periods. According to …
It’s been a year of shifting priorities as inflation firmly holds its grip on the US economy. For those in the food industry, it’s a battle over managing prices while facing limited supplies and labor. …
Six months into the Kim Kardashian Chief Taste Consultant experiment for Beyond Meat, the stock is trading lower than ever. In today’s truth- and value-centered market, do influencer endorsements help or hinder a product?
The impacts of Hurricane Ian are still being analyzed, but one thing is certain: the Florida citrus industry’s losses will be staggering. That’s according to The University of Florida’s Institute of Food and Agricultural Sciences, …
The U.S. Federal Trade Commission will need to approve Kroger and Albertsons’ planned merger, and that agency has taken a skeptical view of corporate consolidation in recent years.
Food inflation has been a major contributor to CP’s steady climb, and is negatively impacting consumers’ outlooks on inflation in the future.
The food industry is on the precipice of a tectonic shift, according to industry insiders. Technology is the driving force behind the projected change.
Despite industry-wide challenges, both dairy and meat plant-based alternatives are forecast to grow through 2024, driven almost entirely by Millennials and Gen Zers. According to a recent report by The NPD Group, these plant-based consumers …