The 2023 holiday season is around the corner and this year promises more good cheer – or at last more spending – than last year, but the higher inflation that will buoy sales is a double edged sword that simultaneously threatens volume and must be considered...
The economic contribution of The Coca-Cola Company and 64 independently-owned bottlers – collectively called ‘the Coca-Cola system’ – has been estimated by a new study.
Nearly a year after Misfits Market closed its acquisition of Imperfect Foods, the combined company is looking to grow through a consolidated private label business and an expanded product assortment, the company’s COO, Corey Farrell, told FoodNavigator-USA....
General Mills eked out low single-digit sales gains in the first quarter thanks in part to higher prices pushed through late in fiscal 2023 to offset inflation, but the gains cost the company volume and market share as consumers become “increasingly cautious,”...
The re-emergence of AeroFarms Inc. from Chapter 11 and BrightFarms partnership with Element Farms, both announced this week, could help reassure those who are skeptical of the economic viability of controlled environmental agriculture, but the ongoing...
Inflation may finally be cooling, but prices at the shelf remain significantly higher for most products than a year ago, and certainly since pre-pandemic – leading to widespread food insecurity in the US and prompting consumers, retailers and brands to...
The plant-based protein industry continues to suffer losses with two well-funded companies closing their doors, while the cultured meat segment steadily checks milestones and tackles hurdles as it prepares for broader distribution and consumer adoption....
Securing shelf space among the top natural retailers requires CPG brands to focus on the differences between stores and how they can innovate alongside them, a panel of industry experts shared in a recent Naturally webinar.
Global nutrition giant Archer-Daniels-Midland is adopting an “ambidextrous” approach that relies on improved productivity and innovation to drive short- and long-term growth across its business and offset ongoing softness in its nutrition segment, according...
Less than a year since Jennifer Mann took the helm of Coca-Cola Co. North America as president, the segment’s revenue is up and its margins, value share and volume share have all expanded thanks in part to structural and investment shifts she helped spearhead.
Using AI-driven software and hardware, Cooler Screens’ latest partnership with Sparkling Ice features vibrant ads that highlight product details to “help the brand stand out from its competitors,” Lindell Bennet, chief revenue officer, Cooler Screens,...
With the acquisition of iconic snack cake maker Hostess Brands announced this morning, JM Smucker joins a growing list of packaged food companies padding their portfolios through acquisitions after several rounds of price hikes across categories begin...
Kraft Heinz’s soon-to-be new CEO refuses to give into competitor and retailer pressure to “rent volume” by boosting promotions for short term gains – preferring instead to invest in pricing optimization, marketing, innovation and renovation to protect...
The grocery industry is at an inflection point as retailers and manufacturers grapple with dramatic changes in how food is produced and sold and an increasingly diverse consumer base that is no longer willing to settle for the one-size-fits-all, supply-driven...
Executives from General Mills and calling for patience – not promotions – to help reverse volume declines that for months have plagued the food and beverage industry across categories, but which so far have been sufficiently offset by price increases.
Consumers are readying their wallets for increases in grocery bills due to the holiday season, as inflation concerns decrease slightly, 84.51° shared in a recent whitepaper.
Keurig Dr Pepper executives sees significant potential for innovation and more premiumization across hot and cold beverage categories to drive sales, volume and consumer engagement in the coming year – brushing off mounting rumors about a potential recession...
As snack giant Mondelez faces yet another round of price increases in 2024, CEO Dirk Van de Put says he wonders how much consumers can absorb and what the company needs to do to maintain volume and market share without compromising margins and profitability.
New research shows adults at risk of heart disease who were prescribed produce ate more fruits and vegetables and after six months had lower blood pressure, body mass index and blood sugar levels – buttressing calls by public health advocates and The...
Hormel Foods trimmed its sales outlook for the full-year after missing third-quarter expectations amid increased competitive pressure that pushed it to cut prices and increase promotions and advertising at retail.
Campbell Soup Co. will not indulge in a race to the bottom to secure additional volume share by leaning on “dysfunctional promotions” in 2024 despite what it anticipates will be a sluggish start to the fiscal year as the company laps “transitory” factors...
Discount grocers Aldi and Lidl are capitalizing on demand for budget-friendly groceries and growing their brands as the two German-owned grocers prepare for fiercer competition in the years ahead, Erich Kahner, director of competitive strategy and insights...
With the July launch of wine alternative tincture, Rosé-Tinted Glasses, Apothékary’s CEO and founder, Shizu Okusa, explained to FoodNavigator-USA that the company’s focus is bringing cross-cultural herbalism to consumers who are looking for better-for-you...
As students return to the classroom, families are adjusting their grocery lists, budgets and how they shop to accommodate busier schedules, changes in where and when children eat and additional expenses associated with back-to-school, according to new...
JM Smucker is pulling back on prices for select brands while becoming more “surgical” about increases for others and investing in more promotions to drive growth by offering consumers some financial relief despite ongoing inflation and no competitive...
Hungryroot's transition to an AI-driven, personalized grocery and recipe service has resulted in a 67% YoY revenue growth to $182 million in 1H 2023, Alex Weinstein, chief digital officer, Hungryroot, told FoodNavigator-USA.
Foodtech company, Planting Hope plans to reach Gen Z and Gen Alpha with its recent acquisition of a portion of Argo Tea’s assets, Julia Stamberger, CEO & Co-Founder, Planting Hope, told FoodNavigator-USA.
As adaptogens and mushrooms continue piquing the interest of health conscious and sober-curious consumers, the sparkling, functional mushroom beverage brand expanded its convenience and grocery retail presence so “more people are able to experience the...
Albertsons this week released its 2023 environmental, social, and governance (ESG) report and announced that it has made progress to reduce carbon throughout its supply chain and reinforce food security in the communities it serves.
Berkot’s Super Foods will implement Birdzi’s comprehensive customer intelligence and engagement system across its 17 grocery locations in Wisconsin and Illinois.
Amid rising demand for spicy global flavors, Blank Slate Kitchen is looking to tap into the growing demand for natural Sichuan chili oils, while also raising awareness around zhug hot sauce, brand founder and owner Alex Sorenson told FoodNavigator-USA....
Industry is approaching the plastic pollution problem in varying ways, with some companies turning to plastic alternatives made from unlikely materials, from fungi to algae and grains. Join pioneers in the plastic-free space pitch their innovations at...
Even though plant-based protein sales continued to slide in July, prompting retailers to slim down and shift offerings from the more premium placement in the refrigerated section to the freezer aisle, startup TiNDLE Foods still sees significant opportunity...
Many consumers are scrapping digital shopping apps and e-commerce options in the hunt for deals, which can challenge retailers trying to grow their business, Laetitia Berthier, head of customer success for AI company SymphonyAI, told FoodNavigator-USA....
Along with entering 5,000 new retail spaces like Target, Albertsons, CVS, Sprouts, H-E-B and Winn Dixie, the better-for-you, relaxation sparkling beverage brand also recently launched its Recess Mood and Recess Zero Proof Craft Cocktails.
The brand’s retail launch of Organic Date Sugar as a sugar alternative in Sprouts stores expands its placement in regional health food stores like Whole Foods Market, Natural Grocers, Central Market, Erewhon and Fresh Thyme Market.
Sojo Flight brings the production to brands, contract manufacturers and third-party logistics providers (3PLs) by providing a mobile, robotic and climate-responsible solution to the variety pack production space.
Gen Z consumers want to balance their demands for delicious and nutritious foods with their beliefs and ethics, creating a fissure, according to a recent Ketchum survey of 2,000 Americans 13 years and older.
On track to separate from Kellogg Co. in the fourth quarter, Kellanova will position itself as a snacks-led powerhouse and improved company with “a growth mindset, a refreshed strategy and more ambitious financial expectations,” CEO Steve Cahillane said...
As Kellogg Co. moves forward with spinning out its $2.7bn iconic cereal business under the new WK Kellogg Co., it is embracing a three-prong strategy that will enable it to rebuild market share lost in recent years and seize a larger portion of the $10.4bn...
Despite a desire to eat healthier, the Centers for Disease Control and Prevention estimates 90% of Americans do not eat enough fruits and vegetables due in large part to negative perceptions of flavor, convenience and cost – all of which startup Pairwise...
Online digital shopping is an increasingly important aspect of shopper acquisition, as what happens digitally often influences brick-and-mortar shelves, a panel of e-commerce experts shared in a recent Circana webinar.
Meal kit pioneer Blue Apron expects to return to profitability by the second quarter of next year after a post-pandemic decline in demand caused its revenue and margins to tumble – pushing it to adopt an “asset-light” model in which it handed off manufacturing...
Consumers are leveraging in-store and digital shopping experiences to find the best deals to fiight inflation, while product availability and accuracy are crucial to building loyalty online, Kroger’s retail insight arm 84.51° shared in a recent whitepaper....
The online grocery channel is facing several headwinds in 2023, as macro-economic factors are influencing where and how consumer shop, Gen Z consumers become weary of tech, and two key market players - Walmart and Amazon - intensify their rivalry, Matthew...
Tyson Foods will shutter four more chicken facilities as part of a “bold,” multi-point plan to improve its performance, which has struggled for years to balance supply and demand and navigate falling prices and higher costs.
Offering an abundant selection of fresh, high-quality, diverse fruits and vegetables is a top priority for most grocers given the produce section is often a key driver for overall store foot traffic – but according to a recent survey staying stocked is...
Executives at Kellogg Co. are neither surprised nor overly worried about the long-term effects of sharp volume declines and a slowdown in sales growth in the company’s second quarter, noting the company has “lots of dry powder … to drive real quality...
Specialty retailer Sprouts Farmers Market continues to disprove early-naysayers who doubted the soundness of its pre-pandemic decision to pull back on price promotions to focus on consumers who will pay more for a higher-end “treasure hunt”-type shopping...
