Retailers investing in private label to cater to consumers trading down as inflation rises, simultaneously are looking to offset lower dollar sales with a broader selection of premium offerings that can boost basket rings – creating an opportunity for...
As consumers feel the pinch of inflation, they’re turning more toward private label food products, reversing a pandemic-era trend for brand names – a move that could have M&A implications, according to a new research report from investment bank William...
Kroger’s big bet on digital, including personalized marketing and creating a “seamless” ecosystem that smoothly integrates digital and instore shopping along with fast home delivery or click and collect options, is paying off as the retailer saw identical,...
Sales of private label products have grown this year, although not as robustly as might have expected given the economic uncertainty. But almost all of the growth has been in the food and beverage aisles, according to a new IRI report.
While not a panacea for all the challenges facing the grocery industry, one stakeholder argues a less is more approach in 2023 may help ease the ongoing burdens of inflation, supply chain woes, and labor shortages as well as rapidly shifting shopper preferences...
The lower barrier for entry to market for startups and emerging brands created by the surge in online grocery shopping early in the pandemic is creeping back up as consumers increasingly return to brick-and-mortar stores for the bulk of their shopping...
Tweaks to Sprouts Farmers Market’s marketing strategy to focus on competitive produce pricing and product differentiation along with other strategic decisions are paying off as foot traffic and sales begin to rebound after plummeting following the retailer’s...
New Census data showing consumer spending on food slowing in recent months as inflation and the threat of a recession rise suggests retailers and brands need to rethink their inventory and promotional strategies to attract and maintain shoppers, analysts...
Even as fear of contracting COVID-19 ebbs and consumers feel more comfortable visiting stores, the percentage who order groceries online regularly continues to climb as they seek convenience, and ways to manage their budgets as prices continue to rise,...
While supermarkets remain the go-to for most grocery shoppers, rising food and gas prices due to inflation are pushing more consumers to mass, club and dollar stores as they look for ways to rein in spending and reduce trips, according to market research...
Walmart’s already low appetite for price increases across food and beverage may be further dampening as more consumers switch to private label and smaller packs to keep expenses down – a signal to the retailer that it is not doing enough to deliver on...
Rising food prices slowed slightly in April over the prior month, according to the Bureau of Labor Statistics April Consumer Price Index released today, but they continue to climb at a brisk pace that is significantly faster than all items, allowing them...
Consumer spending remains strong – for now – despite historic inflation increases, but new data from the Census Bureau released Thursday suggests the gains in grocery last month may not be as significant as they appear and an overall slowdown could be...
Despite soaring at home food inflation, Albertsons’ shoppers remain “strong” with minimal trading-down to less expensive products, including private label, or pulling back on overall spending, executives said during the retailer’s fourth quarter earnings...
Price sensitive consumers may be on the decline and make up only a third of all grocery shoppers, but they appear to have an outsized impact on select categories as rising inflation prompts them to rein in spending, according to new research by Symphony...
US processor Cargill has outlined some of the key trends in the protein sector for 2020, focusing on how consumer habits are shifting as well as perception of the meat industry has changed.
Kroger is shifting from a "grocery company to a growth company" (referred to as its 'Restock Kroger' initiative), CEO Rodney McMullen told delegates at the NRF show in New York this week, noting that it embarked on the move well before...
Lidl’s US expansion – its first outside of Europe – has not gone as smoothly as the retailer would have liked, with expansion plans now being scaled back. A new report from Planet Retail RNG explores what this means for product suppliers, and how the...
Consumers are embracing online grocery shopping nearly twice as fast as predicted just a year ago, but there are still significant barriers that retailers must address to maximize their reach across channels, according to new Nielsen data.
The plant-based creamer category has grown considerably more competitive since nutpods launched in early 2015 with its coconut-and-almond-based wares, but revenues surged 500% in 2017 for the Bellevue, WA-based brand, which has just completed a series...
The ease of buying food online may diminish the sense of psychological ownership, which may ultimately make it easier for people to discard food, suggests a new analysis with implications for retailers.
Healthier food choices at college vending machines can be achieved by using principles of choice architecture and point-of-purchase labeling, without affecting financial performance, says a new study from UCLA.
Dr Richardson: 'Strategic plans empower entrepreneurs to say ‘no’ to the wrong opportunities'
By Dr James Richardson, founder, Premium Growth Solutions
With retailers increasingly open to stocking premium products from emerging brands, and Amazon offering a great platform to help entrepreneurs reach a nationwide audience, it might seem like there's never been a better time to start a food &...
Trader Joe’s is the most at-risk retailer in the US, not because of price reduction but simply because so many of its consumers cross shop at both Amazon and Whole Foods, says an industry consultant.
As the immediate shock of the Amazon Whole Foods deal wears off, and spooked retailers are reassured that just 1% of US food and beverage retail sales are generated online,* they would be wise to remember that not all growth curves are linear, says Hartman...
Manufacturers of healthy and better-for-you snacks looking to enter the convenience store channel might find an in with Kwik Trip, which, according to the Partnership for a Healthier America, is looking to increase healthier options in the checkout area.
The launch of Amazon Instant Pickup and Aldi’s new partnership with Instacart, both announced this week, propel forward online grocery shopping, which according to industry analysts is quickly gaining momentum despite significant lingering challenges.
More retailers are adapting new technology to keep them at the forefront—what does this mean to manufacturers? At Sweets and Snacks Expo 2017, we met with several exhibiting tech companies to chat about how their products can disrupt the landscape of...
Associated Wholesale Grocers (AWG) has joined a growing number of high-profile names – from Ahold and Whole Foods to Target – that have signed up with online platform RangeMe to help streamline the product and supplier discovery process.
Independent sparkling water brand LaCroix has teamed up with Hudson News Distributors’ direct store delivery footprint which covers 2,400 independent stores in the Northeast portion of the US.
If anyone is doubting protein’s staying power as a sought-after call-out on packaged products, let the growth of Powerful Yogurt (soon to be just Powerful) be an indicator.
Even as commerce continues to digitize, consumer patronage keeps brick-and-mortar grocery stores alive. ‘Grocery is a key stronghold for brick-and-mortar because of the sensory habitual nature of food buying,’ one expert says.
The Hershey Lab has envisioned a “reinvented” shopping experience with a fictitious grocery chain, called Medley, as the line between digital and physical shopping is blurring.
Two-thirds of shoppers plan to buy products online more in 2017 than last year, but this uptick may not materialize for companies that fail to offer strong web content beyond a checkout cart, suggests a study recently released by digital marketing provider...
Ahold USA has joined a growing number of high-profile retailers – from Whole Foods to Target – that have signed up with online platform RangeMe to help streamline their product and supplier discovery process.
Hershey will close its Hershey’s Chocolate World in Chicago's Michigan Avenue by January 2017 as it plans to focus on larger experiential retail stores.
Long-coveted as a premium place for impulse purchases, the checkout aisle may not actually be the best place for encouraging candy consumption, according to Packaged Facts research.
RangeMe, an online platform that streamlines the product discovery process for retailers, has struck deals with a string of high-profile brands in its first year of business in the US, including Whole Foods Market, Petco, Sprouts, SpartNash, Sam’s Club...
The $6bn retail checkout was described as a “big, highly profitable and dynamic” business by the founder and president of Impulse Marketing, Cam Cloeter, during the recent NCA Summer Insights webinar, called “Checkout Strategies: Driving Shopper Satisfaction...
If you want to take a journey back in time on your next trip to the grocery store, go buy some pancake mix, says the co-founder of Birch Benders, a Boulder-based start-up seeking to shake up a sleepy category with fresh ideas, recipes and packaging to...
US pharmacy retail chain CVS is to replace 25% of checkout space traditionally dedicated to candy with ‘better-for-you’ snacks at almost a third of its stores.
Mutant and Hydro – two new brands Monster Beverage Co plans to unveil this year - could each generate $200-$400m in retail sales within two to three years, the bulk of which will be incremental business, predicts Wells Fargo.
During a recent webinar hosted by The Food Institute, food experts said that retailers need not only to embrace changes in retailing mediums, but be agents of that change themselves.
Convenience stores and drug stores have a big opportunity to further grow their share of the salty snacks market as US shopping habits change, according to analysts.