With inflation driving up grocery prices and many government assistance programs ending, consumers are looking for deals now more than last year – but according to the marketing solutions company Vericast, they aren’t finding them when and where they...
Shares of United Natural Foods skyrocketed yesterday after the natural and organic food wholesaler’s fourth quarter earnings beat industry expectations, and executives laid out an optimistic outlook for 2022 with concrete plans to make the best of lingering...
Fresh food may make most consumers feel happier and capture the lion’s share of retail sales – for now – but rising prices, concerns about perishability and shifting preference are pushing more shoppers to the frozen aisle, suggests new research by Deloitte.
Spending on Halloween candy is predicted to rebound to an all time high this year after the pandemic frightened away most trick-or-treaters and celebrants last year – causing sales to slump to a five-year low, according to industry research.
More US shoppers report feeling unhappy with how grocery stores are handling the COVID-19 crisis now, including a prominent concern around the cost and price of their groceries, than earlier this year, according to dunnhumby in its latest Consumer Pulse...
Demand for immunity-boosting products may have driven an initial double-digit surge of natural and organic product sales early in the pandemic, but many category newcomers have stayed – and more have flocked to the segment in 2021 – even as the threat...
A keen empathy for consumers, a deep commitment to innovation and an open-door approach to collaboration helped the founder of Nissin Foods not only capture the hearts of billions of people when he invented instant noodles, but also helped build and sustain...
While pantry stocking and increased consumer demand for food consumed at home pushed up same store sales 15.8% for most food retailers in 2020, margins remained tight as new pandemic-related expenses and higher credit/debit card, healthcare and new technology...
Sales of herbal supplements in the US grew by a record-breaking 17.3% in 2020, with elderberry supplements surging to almost $320 million in the combined mainstream and natural channels.
With soup sales beginning to cool closer to pre-pandemic levels in the last quarter of fiscal 2021, Campbell Soup Co. is heating up the category, literally and figuratively, with innovations across its Pacific, Well Yes! and namesake soup brands to maintain...
While inflation in August was still more than double the Federal Reserve’s 2% long-term target, its growth rate slowed for the first time in eight months – sparking optimism in some policy makers that the economy is healing.
Unlike many other retailers, Dollar General does not plan to pass through to consumers price increases to offset inflation, rather executives said the banner is more likely to change its product mix – a strategy that shifts the onus for cost management...
Retailers struggling with labor shortages are offering higher pay and better benefits to fill vacancies – but according to one industry player they also should embrace automation to ease the burden on and maximize the efficiency of existing staff to maintain...
Despite “more inflation than we’ve seen in really in a decade,” General Mills has successfully offset increases with little detriment to sales or retailer and consumer relationships, but managing labor constraints and supply chain challenges hasn’t been...
Like many CPG players, Kraft Heinz has leaned heavily on pricing to offset inflationary pressures, and is willing to do so again, but it is not the only weapon in the company’s arsenal to protect its margins and balance consumers’ needs, executives said...
