The food and beverage industry has seen no shortage of mergers and acquisitions of late, to put it mildly. And that begs the question: What, exactly, are the driving forces behind these transactions? In a recent webinar …
Over half of restaurant operators surveyed by the National Restaurant Association (NRA) say that business conditions are worse now than three months ago. At the same time, sales are sagging. Here’s a look at the …
A newly released study conducted by Vericast indicates consumers are leaving brands that aren’t perceived to offer value. The 2021 Deals & Coupons Report conducted by the marketing solutions company reveals that consumers are increasingly …
Panic buying leading to shortages of toilet paper and other commodities took hold at the beginning of the pandemic in March 2020, and experts warn a similar situation could develop in coming months, largely due …
Over the past twelve months, national brands have turned the tables on private label, racking up a higher percentage of total dollar sales for edible products and beverages. The new data suggests a shifting landscape …
Pabst Blue Ribbon’s new campaign is taking marketing beyond the screen and directly into consumers’ homes. And they will even pay you for it. HOW IT WORKS In the new campaign, called “In Home Advertising,” …
Restaurants and hotels are pushing back against unruly customers and eschewing the adage “the customer is always right.” Some 60% of restaurant workers said they had suffered from emotional abuse and disrespect from customers, and …
As they brace for what’s expected to be intense holiday demand, warehouse operators are boosting pay, acquiring more talent, and enlisting robots, reported The Wall Street Journal (Sept. 26). TALENT ACQUISITION PUSH Demand for distribution …
Food waste is at a crisis level. While 9% of the world’s population and 12% of Americans are food insecure, one-third of all food produced is thrown away. Further, wasted food accounts for about 8% …
The backlog of ships off the coast of California has become so dire that the Biden Administration has gotten involved. Additionally, the two primary ports are exploring different strategies in trying to alleviate issues. As …
While Amsterdam-based e-grocery platform Picnic recently made headlines by raising $707 million in a Series D funding round led by the Bill & Melinda Gates Foundation, perhaps the bigger news is how Picnic and other food …
As major companies are turning to alcohol delivery, they’ll face more regulation in New York City and perhaps beyond. Here’s a closer look at the issues at play: FOOD DELIVERY EXPANDS INTO ALCOHOL DELIVERY Food …
Fresh fruit dollar sales at the retail level continue to enjoy growth when compared to 2020, according to Food Institute analysis of IRI data. In the 52 weeks ending Sept. 5, dollar sales of items …
The retail industry is hiring at a record pace. In June, the industry saw 1.1 million job openings even after more than 1.1 million workers got hired in a massive hiring spree, reported NPR (Aug. 26). Still, employment …
Albertsons Cos. has entered the shoppable media space in a new collaboration with video platform Firework. Through the partnership, the grocer aims to transform its digital offerings with community-oriented experiences led by interactive short-form and …
Dave Portnoy, founder of the pop culture site Barstool Sports, is jumping in on the virtual ghost kitchen trend, partnering with Planet Hollywood founder Robert Earl to launch a virtual restaurant concept built around the …
Online grocer Misfits Market Inc. nearly doubled its valuation in just five months, making it a unicorn twice over. The direct-to-consumer e-commerce platform buys so-called “ugly” produce from farmers that cannot be sold to stores for aesthetic reasons …
Hy-Vee, the Midwest grocery chain with more than 280 stores across eight states, feels it has “reimagined” the traditional supermarket. The chain recently opened a nearly 93,000-square-foot store in Grimes, Iowa, that features a few …
Food waste has become a significant issue around the world, but nowhere more so than in America. In fact, about $161 billion of food is wasted in the U.S. every year, per Rubicon research. In …
As the pandemic continues to impact U.S. frontline workers, union activity is growing across major companies like Mondelez and HelloFresh. Furthermore, labor unions are increasingly seeking to organize workers in fulfillment facilities as brands add …
A detour to the grocery store on the way home from work used to be just part of the daily grind, but all that has changed, and Amazon’s entry into the grocery business is moving …
Prior to the pandemic, canned tuna was fading as a staple of the American pantry, with younger generations seeking out fresher, less-processed food options. In fact, per capita consumption of canned tuna dropped 42% in …
Italian workers in public and private sectors must display a health pass to access their workplaces starting October 15, a move prompted by the fact the Delta coronavirus variant continues to surge across much of …
Marketers are increasingly turning their attention to Generation Alpha – the kids born after Gen Z – not to mention their Millennial parents. Generation Alpha, typically considered those born beginning in 2010, figures to grow …
Demand for more nutritious food options on children’s menus continues to climb as health-conscious Millennial parents seek options that align with their own dietary values. Now more restaurants seem to be responding, with traditional kids …
According to industry experts, consumers can expect to see higher prices in the last quarter of this year in several grocery categories. Ingredient suppliers are seeing longer lead times because of issues like labor shortages …
The economic impacts of the pandemic took a significant toll on the financial stability of American households last year. U.S. median household income fell 2.9% to $67,500 between 2019 and 2020, according to new data from the …
With what seems like a new plant-based development each week, it’s no surprise that meat alternatives are now a $14 billion market, according to Tastewise’s new Q3 Market Report: Alternative Proteins. The Food Institute reviewed …
As competition intensifies across the media advertising landscape, major retail players are differentiating themselves with technologically-optimized content that advances the omnichannel purchasing experience. The recent partnership between Walmart and media corporation Meredith has upped the …
On a recent earnings call, Kroger CFO Gary Millerchip said the retailer will be “passing along higher cost to the customer where it makes sense to do so.” The CFO acknowledged the company’s facing pressures …
Whether by sea, by rail, or by highway, the nation’s supply chain has never been more complicated. Here’s a quick roundup of recent supply chain developments, in what has become a year loaded with slowdowns. …
Investor appetite for apps that promise 10-minute delivery is on the rise. Turkish grocery delivery app Getir just topped $1 billion in fundraising this year with its latest deal, for instance, by securing additional capital …
Retail theft accounts for about $45 billion in annual losses for retailers these days, according to The Coalition of Law Enforcement and Retail. That figure is up $15 billion from a decade ago and has …
Amid the growth of the “better for you” beverage category, one drink in particular has experienced massive gains. The kombucha category grew from $1 million in sales in 2014 to $1.8 billion in sales in …
Joanna Lepore feels consumers these days are experiencing a “massive moment of introspection.” The coronavirus pandemic, she explained, has made most people pause, examine what they want out of life, and search for moments of …
As the U.S. restaurant industry pushes towards pandemic recovery, a new report from Lending Tree shows some cities are bouncing back faster than others. For the study, researchers examined four key metrics from the 50 …
