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.
A U.S. District Court judge ruled in August that Foodbuy actively concealed billing practices, deceived manufacturers and systemically overcharged – a ruling that some feel could bring more transparency to the GPO industry.
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 …
The supply chain continues to be a challenge for food importers, but the pain points are shifting. And despite media reports claiming a “downturn,” rates are still elevated when compared to the pre-pandemic period. That’s …
Avian flu and energy prices are pushing turkey prices to new heights, with breast meat going for more than $6.50 a pound.
Major grocers in the U.K. plan to scrap expiration dates from certain perishable goods to reduce waste; will U.S. grocers follow suit?
A wave of unionization efforts spurred by frustrated workers and outdated systems are signs that Starbucks must plot a revival. At this pivotal moment for the coffee giant, what exactly needs to change? Let’s take …
New research conducted by international food company Kerry reveals consumers worldwide are enamored with cheese-flavored snacks. In a survey of 8,790 consumers from 16 countries, approximately 62 percent of consumers said cheese flavors add excitement …
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 …
On the foodservice battleground, the chicken sandwich wars are now giving way to … the French Toast Stick Wars. Wendy’s, Burger King, Jack in the Box, and Sonic are all offering French toast sticks now, …
In a recent LinkedIn option poll, The Food Institute asked members to indicate their biggest current concerns regarding the plant-based category.
While shoppers are still spending in today’s high-inflation environment, they are prioritizing where to invest their dollars, according to a Gravy Analytics trends report from the second quarter of 2022. Dining Preferences Shift Many consumers …
California’s FAST Recovery Act – the first bill of its kind to take on the fast-food industry – could prove a boon for workers and labor unions but a burden to the mom-and-pop restaurants that …
In 2021, organic dairy and eggs outperformed pre-pandemic levels by nearly 11%, which offers promise of potential growth for the category.
Foodservice operators have faced numerous obstacles during the COVID-19 pandemic, not the least of which is an unrelenting labor shortage. “I went to a local restaurant recently,” Patrick O’Reilly, principal at Marcum LLP said. “There …
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.
A relatively new sustainability model should be taken into consideration by most food businesses these days, according to one industry analyst.
In response to labor shortages, some restaurants are turning to AI-powered bots that answer phones and communicate with customers.
Companies like McDonald’s are allowing workers to access hourly pay on demand in the hopes of shoring up the ongoing labor shortage.
Investment in plant-based, fermented or cell-based “alternative seafood” amounted to $178.2 million between January and mid-July this year, as interest in the sector continued to grow. (Fish Farming Expert, July 28) In fact, the alternative …
During a dark economic time, coffee shops seem to be doing just fine, with sales actually rising as the rest of the industry stalls.
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.
Toxic PFAS chemicals found in items like fast-food wrappers are impossible to destroy – until now, it would appear, thanks to new research.
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.
Shrinkflation isn’t sneaking by savvy shoppers, and many consumers are changing their purchase behaviors in response.
Although the nutritional merits of plant-based food have faced mounting scrutiny by consumers in recent months, discrepancies by variety suggest that not all alternative products are created equal.
C-stores must evolve to provide experiential store journeys rather than serve as just quick, grab-and-go retailers.
Struggling U.S. restaurateurs could learn a lesson or two from their counterparts in the U.K., where COVID, labor shortages, supply chain and energy issues, and Brexit, have complicated survival, experts say.
Red meat remain strong as IRI reported $8.5 billion in meat department sales in July, with gains of +5.6% versus 2021.
Criollo cattle have adapted to dry rangelands and could help regenerate soil while needing less water and feed than other cattle.
