Counter to claims (or hopes) by The White House and others that rising US prices are “transitory,” inflation continues to rise – cresting 7% for all items in December year-over-year, marking the fastest increase since 1982 and the third straight month...
Food prices across categories are predicted to rise low- to mid-single digits this year and again next year – adding on to already higher prices in 2020 fueled in part by the pandemic and raising questions about how consumers will react in the long term,...
Recognizing that risings costs are squeezing food and beverage margins as the pandemic continues, Albertsons will accept – to an extent – price increases that several large CPG players have warned in recent weeks are coming down the pike.
The US team behind the coconut-based yogurt COYO hopes slashing its suggested retail price will help the brand jump from the natural to the conventional channel and that its creamy texture will keep it there by captivating mainstream shoppers who place...
A 'Marlboro Friday' moment* (a huge overnight price cut) is not something most big US food manufacturers will contemplate as they seek to claw back the initiative in a rapidly evolving food retail market, say Bernstein analysts. Instead, we...
The founders of Coconut Beach credit their affordable price to familial relationships with coconut growers in Thailand, and they want their product to reach the masses.
CEO: 'The center of the store is not generating the kind of performance that we would like'
The Fresh Market can be fixed, but it’s going to have to cut prices of key-value-items (KVIs), and “reinvent” the center of the store, says its new president and CEO Rick Anicetti, who has spent his first few weeks at the helm “looking under the hood”...
With its gourmet savory yogurts now gracing shelves at 800-900 stores in the US, Blue Hill is now looking to challenge the nation’s palate again, this time with a new range of veggie- and fruit-packed drinkable yogurts that it hopes will bring the brand...
Many consumers are cautiously optimistic that their financial situation is improving, but they continue to buy groceries based primarily on price and value – creating friction between manufacturers and retailers, IRI research reveals.
J.M. Smucker Co.’s aggressive efforts to wake up its sleepy coffee segment are working, resulting in a 12% increase in the segment’s sales and a 13% increase in its profits in the firm’s first quarter, executives announced Aug. 27.
Mondelēz International’s skinny cookie Oreo Thins cater to demand for lighter bites in the U.S. but analysts question the product’s billing as a sophisticated adult cookie.
Total US consumer expenditure for pork has grown by 15.7% since 2009, meeting the National Pork Board’s (NPB) target of 10% growth in per capita consumption, in real terms.
JK Sucralose - which claims to be the largest sucralose manufacturer in China - has weighed into the debate over sucralose pricing raised by market leader Tate & Lyle.
J.M. Smucker Company’s notable 9% list price increase on Folgers, Dunkin’ Donuts and other packaged coffees in the U.S. announced last June has finally caught up with the food maker, dragging down its second quarter sales an expected 5%.
