Food Meets Fashion in NYC
On Thursday, May 16, The Food Institute is taking over the headquarters of Hugo Boss in downtown Manhattan to discuss food, finance, and fashion.
On Thursday, May 16, The Food Institute is taking over the headquarters of Hugo Boss in downtown Manhattan to discuss food, finance, and fashion.
Casey’s and Maverik are highlighting breakfast while Buc-ee’s and Rutter’s are leveraging increased square footage and store footprints to drive sales and steal market share away from grocers and retailers.
With grocery refrigeration space tight, manufacturers are looking at producing shelf-stable products to cut waste and improve profits.
What WK Kellogg has done in its first three quarters as a standalone business is both an important step in the right direction and a validation of a spin-off strategy, wrote FI’s resident stock analyst.
Despite persistent challenges, vegan food market revenue is poised to reach $49.6 billion globally by 2032, growing at a CAGR of 11.8% during the forecast period.
According to retail insights company 84.51°, 27% of shoppers said they’re snacking multiple times per day, up 15% from 2023. Cheese is America’s favorite snack in 2024.
One thing that food industry consultants learn quickly is that public holding companies focus most of their resources on their Power Brands – the $1 billion+ revenue-generating giants whose slightest change in profit or topline …
Dr. Rodriguez is thrilled to live in a time when underrepresented voices, cultures, and cuisines can easily take the world by viral storm. She’s quick to point out that for many cuisines, blanket terms like “Mexican” or “Asian” just don’t do it anymore – the people, and the food, deserve more.
When the Spanish colonized a large swath of Central and South America, they introduced new forms of foods, like pigs and goats. At the time, the indigenous land was fertile with crops like beans, avocados, and papayas, but the Spanish felt deprived of nutrients that they were accustomed to. Thus, by the 17th century, the Spanish had imported countless herds of cows, pigs, sheep and goats to Ecuador.
A new report from Gen Z research and strategy firm dcdx noted the importance of brand magnetism for the CPG industry to attract young consumers.
Per the 2024 Power of Meat report, 83% of consumers seek a “better-for-you” option when they purchase protein, such as grass-fed beef, and many brands are eager to accommodate.
Could a zero-sugar energy drink be the future of the heavily saturated beverage market? Possibly. KEY, an energy drink start-up, recently emerged with $4 million in funding, according to an article by AFN. The start-up, …
“The power of audio in retail goes beyond just music,” Elsley said. “Incorporating carefully crafted messaging and advertisements into the auditory experience can further enhance customer engagement and drive sales.”
Olive oil is being threatened by climate change, high interest rates and inflation that has sent prices soaring. Searing heat in Spain, Greece and Italy has been especially problematic.
In the wild world of beverages, any edge on the competition may be enough to resurrect an LTO from the past or push it into full-time production.
For now, third-party delivery companies are operating full speed ahead. But how much are consumers willing to pay for convenience?
Consumers in the U.S. and Canada say that they are willing to pay more for products that practice eco-friendly sustainability and ethics in their development, packaging, and sale of products, particularly around animal cruelty and ocean pollution.
Casual dining is about to implode. It has already started. Full-service restaurants that were popular in the 1980s and ‘90s – old brands – I think they’re going to be cut in half. TGI Friday’s …
Asian cuisines like Thai, Korean, and Chinese have long used swicy foods as an enticing way to attract new and long-time patrons, and many mainstream and fusion restaurants are combining classic American fare with these staple flavors from across the world.
Recent updates from the FDA indicate that ongoing national testing of retail dairy products demonstrates the efficacy of the pasteurization process in inactivating the HPAI virus.
The origins of kombucha are shrouded in legend, and the drink’s murky beginnings remained in relative obscurity—at least to western palates—until its rediscovery in the 20th century in something of a cultural phenomenon.
Crumbl keeps making its new locations bigger, but is it a facade? The Utah-based bakery chain originally had small, humble retail footprints.
“Was it the six-pack of wine called ‘Mommy’s Little Helper?’ Or ‘Mommy’s Time Out’ wine? Was it the funny phrase, ‘The most expensive part of having kids is all the wine you have to drink?’ The clothes and other goodies branded with, ‘Who is moderation?’ or ‘This is how you adult?’ Our society thinks it’s funny when women drink heavily,” Pengov said.
As more work is being published (and more health-focused products manufactured) to improve health and happiness, we may be entering an era in which the average human life can not only be improved, but extended. Are store managers ready for what that means?
Total global coffee consumption is surging, as servings increased 5% year-over-year in 2023, signaling a promising opportunity for brands.
McDonald’s Execs Promise to be Price Sensitive in Q2, as ‘All Income Cohorts Are Seeking Value’
A recent cyclone ravaged some of Madagascar’s key vanilla-growing regions, threatening a vanilla shortage during the 2024 vanilla harvest.
In assessing what we consume and how we feel, there’s a growing need to balance nutrition, indulgence, and sustenance.
United Natural Foods stock is down 86% over the last ten years—getting squeezed by its customers—shares are now at a four-year low.
For the first time in the report’s history, the top six brands – all of them – are store brands, from retailers like Walmart, Amazon, and Target.
It’s apparent in grocery store checkout lines, in social media, and in marketing campaigns: consumers demand eco-friendly food.
A regular feature in shopping carts from coast to coast, the humble banana has long been a reliable source of nutrition, convenience, and affordability. Yet beneath its cheerful exterior lies a complex tale of botanical intrigue, economic uncertainty, and environmental peril.
Supply Side East 2024: consumers are health-conscious and looking for products to support their well-being.
The newly minted CEO isn’t oblivious to Mountain Mike’s challenges in its crowded sector. For example, Metevier knows he needs to be sensitive to labor costs now that his California-based chain must deal with that state’s recent implementation of a $20 minimum wage (85% of the chains locations are based within the Golden State.)
Some of the takeaways from the Circana report indicate that inflation has generally gone pretty easy on the beverage category, prompting marketing teams to “promote their relative price stability and find ways to demonstrate value, recognizing that ‘value’ doesn’t always mean lower price,” and that premium categories continue to outperform more value-based brand propositions.
Foxtrot and Dom’s Kitchen & Market have closed their doors effective immediately. The closure will affect 33 Foxtrot locations and 2 Dom’s locations across Chicago, Austin, Dallas and D.C. areas.