While the ongoing pandemic has caused many venture capitalists to hit pause or slowdown, other investors and even consumers increasingly are interested in supporting growing businesses and diversifying their portfolios as illustrated by a surge in crowdfunding.
Albertsons Companies saw total revenue grow 11.2% to $15.8bn during Q2 2020 (12 weeks ended Sept. 12, 2020) driven by strong digital sales growth (+243%) and a growing base of loyal consumers who are gravitating towards the retailer's private label...
Cacao currently may be most prized by manufacturers and mainstream consumers for its beans to make chocolate, cocoa and cocoa butter, but the fruit and shell surrounding the bean also are packed with nutrients and potential, which famed chocolatier Oded...
Heavily influenced by the COVID-19 pandemic, Whole Foods Market has unveiled its top 10 food trends for 2021, which include revitalized “epic” breakfast meals and culinary-inspired baby food, to growing consumer adoption of fringe cooking oils and food...
Cooking inspiration and education are emerging as powerful marketing tools for food and beverage brands and retailers as consumers who are tired of preparing the same-old, same-old at home for the past seven months of the pandemic look for new recipes,...
Impossible Foods is gearing up for market entry in Europe, China and Brazil; Beyond Meat is looking at “any and all plant-based protein sources” as it expands its ingredient toolbox; Meati Foods is preparing to launch fungi-based steaks, and Planterra...
COVID-19 and food retail: New data reveals winners and losers in foot traffic, visit duration
New data monitoring store visits at America’s leading food retailers between March and September 2020 shows that traffic at Whole Foods remains down more than 20% year-on-year, while most rival grocers have seen a steady recovery.
Partnership for a Healthier America and the Produce Marketing Association are expanding their COVID-19 Fresh Food Fund in a duel effort to ease food insecurity exacerbated by the coronavirus pandemic and create a new market for produce that might otherwise...
Despite grocery retailer revenues rising amid increased consumer demand during the pandemic, higher costs associated with COVID-19 are squeezing already tight margins in a trend that FMI: The Food Industry Association warns likely will get worse before...
Launched earlier this year, global multi-brand plant-based food company The LIVEKINDLY Collective has closed a $135m capital raise led by Blue Horizon Corporation to accelerate and increase capacity for its planned 2021 US launch.
How are parents coping with the COVID-19 pandemic in their households when it comes to feeding their kids? Has the extra time spent at home given families more opportunity to cook and experiment with new recipes, or has the anxiety left parents scrambling...
Coronavirus has forced many consumers to get comfortable eating and cooking at home for most meals, and while some are rediscovering their love for cooking, others have grown tired of the routine, according to an Acosta survey.
With a recent national rollout at 500 Target stores, fresh baby and toddler food brand Little Dish is addressing the gap in the US market for nutritionally-balanced, just-like-homemade meals aimed specifically at the under-served toddler age group, says...
We had a record number of entries for this year's FOOD FOR KIDS Trailblazers Challenge, spanning everything from chickpea butter and lentil-based meat crumbles to bubbly probiotic water and veggie-infused ketchup. Here are some of the innovations...
In partnership with Indiana-based technology startup ClusterTruck, Kroger is repurposing around 1,000 square feet of retail space at select stores to meet consumer demand for quick, freshly-prepared, restaurant-quality meals delivered to customers'...
