Search:

The search returned 83 results.

Start:    End:       Search Title?    Search Article?    Search Tags?
YOUR SEARCH RESULTS:



















































































U.S. Restaurant Chain Customer Transactions Begin to Recover

In mid-March 2020, U.S. governing authorities, to get the COVID-19 global pandemic under control, restricted on-premises dining at roughly 70% of all U.S. restaurants, a historical defining moment for the industry. By the last week of March 2020, customer transactions at major restaurant chains had fallen by -43% compared to year ago and by -77% at full service chains, which were most impacted by the dine-in restrictions.

In March 2021, with the lifting of restrictions and more consumers vaccinated, customer transactions at major restaurant chains were up +32% compared to the steep declines year ago, although still down -6% compared to two years ago, March 2019. Major chain transactions at full service restaurants were up...

Full Story »
Apr 16 2:05 PM, General News



Global Consumer Confidence Hits Record High

Global consumer confidence soared to record heights in the first quarter of 2021, according to The Conference Board® Global Consumer Confidence Survey, as vaccination campaigns broadened, travel restrictions loosened, and governments and central banks continued to provide economic stimulus.

The survey found that overall global consumer confidence shot up from 98 in the fourth quarter of 2020 to 108 in the first quarter of 2021. That figure exceeded the reading of 106 registered in pre-pandemic 2020 Q1 (a figure above 100 is considered positive) and is the highest recorded since...

Full Story »
Apr 15 8:35 AM, General News


Consumers Take Grilling and Outdoor Cooking to the Next Level

Eager for a change of pace during the pandemic, cooking outside has become a go-to activity for many consumers, and it extends beyond traditional grilling, or even the traditional grilling season. Consumers spent more than $4.9 billion on grills, smokers, camping stoves, accessories, and fuel in 2020, according to new Enhanced Retail Tracking Service information on the home improvement industry from The NPD Group, which blends retailer point-of-sale data with insight from NPD’s receipt-based Checkout information and additional data assets combined with advanced modeling.

“The need to cook more meals at home combined with the desire to experiment with new ways to create those meals helped fuel growth for almost all types of grills,” said Joe Derochowski, home industry advisor at NPD. “Layer on our cravings to be less...

Full Story »
Apr 15 8:35 AM, General News


Meijer Reveals Unique Shopping Trends One Year into Pandemic Living

As the one-year mark into pandemic living has officially passed, Grand Rapids, Mich.-based retailer Meijer reveals some of the most surprising shopping trends from the height of the shutdown to the ongoing changes in home and work lifestyles across the Midwest.

While home delivery and pickup services doubled at Meijer stores over the last 12 months, customers used the retailer's Shop & Scan technology more than 100 million times as they shopped and bagged while practicing social distancing to shorten time spent in the store. Additionally, customers also ate more...

Full Story »
Apr 12 8:19 AM, General News


Study Finds Consumers are Hopeful About Agriculture’s Ability to Positively Impact Climate Change

When it comes to climate change, consumers view agriculture as a part of the solution rather than the problem. Among participants in Cargill’s recent global Feed4Thought survey, those who indicated climate change as important to them also rated livestock and agriculture lowest in negative impact compared with other industries generally regarded as significant contributors. More than one-third of respondents expressed confidence in the industry’s ability to limit its contributions to climate change.

“Farmers are critical to feeding the world sustainably and responsibly,” said Ruth Kimmelshue, who leads Cargill’s animal nutrition & health business. “With a growing population and rising consumer interest in climate change, they are also part of the solution to address...

Full Story »
Apr 8 10:39 AM, General News


Canada: Dine-In Restaurant Visit Declines Soften in February when Restrictions were Eased
The pent-up demand for indoor dining was evident in February after dine-in restrictions were eased in Canada’s largest provinces. Dine-in restaurant visits increased by 4 percentage points in February compared to January, an increase of 10.5 million visits versus prior month. The downside of this news is the still deep traffic declines in on-premises dining. Dine-in visits declined by -79% in February compared to same month last year and were down -85% in January compared to last year, according to NPD, which continually tracks consumers’ use of Canadian restaurants and other foodservice outlets.

Off-premises dining, like carry-out, delivery, and drive-thru, has been the beneficiary of the indoor dining restrictions. In January off-premises visits, digital or physical, were up...

Full Story »
Apr 8 10:25 AM, General News


Instacart Reveals How the Pandemic has Transformed Consumer Grocery Habits

Instacart released "Beyond the Cart: A Year of Essential Insights," a new report highlighting how the pandemic has transformed 100 years of grocery habits through the lens of trends from the past year that are shaping the future of online grocery shopping. The report combines an in-depth look at data from Instacart along with insights from a new Instacart survey of 2,038 U.S. adults conducted recently online by The Harris Poll.

"More than a year of pandemic living has dramatically reshaped how American households shop for groceries and other household essentials," said Laurentia Romaniuk, Instacart's Trends Expert and Senior Product Manager. "As we analyzed twelve months of data from Instacart, we discovered that...

Full Story »
Apr 7 8:23 AM, General News


Plant-Based Food Sales Surpass $7 Billion, Sales Up 27% in 2020

According to the Plant Based Foods Association (PBFA), U.S. retail sales of plant-based foods continued to increase by double digits in 2020, growing 27% and bringing the total market value to $7 billion. This sales growth was consistent across the country, with more than 25% growth in every U.S. census region.

In the past two years, plant-based food sales have grown 43%, which is nine times faster than total food sales. In 2020, about 57% of all U.S. households purchased plant-based foods, up from 53% in 2019 totaling 71 million households.

PBFA also found that the value of plant-based meat, while the second-largest plant-based category, hit $1.4 billion in 2020. That represents sales growth of 45% from 2019. The plant-based meat category grew twice as fast as...

Full Story »
Apr 7 8:22 AM, Urner Barry


Technomic Reports Top 500 Chain Restaurant Sales Fell by More than 8% in 2020
Technomic just released one of the most highly anticipated reports, the 2021 Top 500 Chain Restaurant Report, which includes expert findings and insights into the sales performance of U.S. chain restaurants from 2020. The report is built using decades of historical data with detailed analysis into the foodservice industry and overarching trends, including the impact of COVID-19 and performance rankings, as well as annual sales and unit counts by chain and segment.

“Disrupted by the COVID-19 pandemic, the Top 500 chain restaurants saw sales fall by $27 billion in 2020, decreasing by more than 8% compared to 2019,” explains Kevin Schimpf, senior research manager at Technomic. “As many small chains and independent restaurants struggled to...

Full Story »
Apr 6 8:26 AM, General News


US Foodservice: Expect an Even Bigger Lift From the Third Stimulus

Checks under the USD 1.9 trillion American Rescue Plan, the third and largest stimulus package since the pandemic outbreak, began rolling out mid-March. The US government expects nearly 85% of all US residents – adults, children, seniors – to receive direct payments of up to USD 1,400 based on household income. The ongoing stimulus is substantially higher than the last two in April and December 2020, which included direct payments of USD 1,200 (plus USD 500 per child) and USD 600 (plus USD 600 per child), respectively.

Recipients Spent 10% to 15% More in Restaurants Following the Last Two Rounds of Stimulus

Credit/debit card transaction data from Earnest Research, a data analytics firm that tracks the US consumer economy through foot traffic, credit/debit card spend, retail pricing, and healthcare data, shows...

Full Story »
Apr 5 8:26 AM, General News


The Consumer Confidence Index Surged in March

The Conference Board Consumer Confidence Index surged in March to its highest reading in a year, after a modest increase in February. The Index now stands at 109.7 (1985=100), up from 90.4 in February. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—climbed from 89.6 to 110.0. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—also improved, from 90.9 last month to 109.6 in March.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for the preliminary results was March 19.

“Consumer Confidence increased to its highest level since the onset of the pandemic in March 2020,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions and their short-term outlook...

Full Story »
Apr 5 8:26 AM, General News


10% of All U.S. Restaurants have Closed Permanently Since the Pandemic Began

Datassential revealed that 10.2 percent of U.S. food establishments have closed permanently since the pandemic began, citing new data from the company's proprietary Firefly database released.

Of the 778,807 food establishments in operation since the onset of COVID-19, 79,438 have closed for good as of Monday, according to the report from Datassential. The figure does include restaurants that have opened during the pandemic.

That includes restaurants at all levels of service: QSR (fast-food), fast-casual, midscale, casual and fine dining as well as food trucks. Food trucks have been affected the most of any segment, with...

Full Story »
Mar 30 8:23 AM, General News


Average Easter Spending Expected to be Highest on Record

Consumers plan to spend an average of $179.70 this Easter, the highest figure on record, according to results of the annual survey released by the National Retail Federation and Prosper Insights & Analytics. A total of 79 percent of Americans will celebrate the holiday and spend a collective $21.6 billion, down slightly from last year's pre-pandemic forecast of $21.7 billion.

“With new stimulus funds from the President’s American Rescue Plan, positive trends in vaccinations and growing consumer confidence, there is a lot of momentum heading into the Spring and holiday events like Easter,” said NRF President and CEO Matthew Shay. “Many have figured out how to...

Full Story »
Mar 26 8:32 AM, General News


Meat Purchases and Confidence at Record Highs

Americans are buying more beef, pork, poultry, and lamb than ever as increased time at home during the pandemic sent meat grocery sales soaring by 20% (IRI) from 2019 to 2020.

The national analysis released shows that three out of every four Americans agree meat belongs in healthy, balanced diets (up by nearly 20% since 2020), and 94% say they buy meat because it provides high-quality protein.

Meat Institute President and CEO Julie Anna Potts commented...

Full Story »
Mar 25 8:37 AM, General News


How COVID-19 has Changed Eating Out Over the Last 12 Months In the UK

It’s 12 months since the UK’s first COVID-19 lockdown, and one of the sectors that has been most heavily impacted is hospitality. Here, The NPD Group picks out eight eating out/eating in trends from the pandemic’s first year (March 2020 to February 2021) and suggests how they will unfold as lockdown eases. From a surge in home deliveries to the growth of collection, the rise of eating on a deal, the surge of drive-thru, treating to beat boredom, a doubling of choosing vegan and veggie options, the rise of al fresco dining and a laser-like focus on delivering the best customer service, here’s how COVID-19 has changed the way we eat out (and in).

Delivery: In the 12 months of COVID, delivery’s share of out of home eating has more than doubled

Ordering takeaway main meals for home delivery has been a big part of locked down life and, according to The NPD Group’s consumer data, spend increased...

Full Story »
Mar 24 8:24 AM, General News


National Restaurant Association Survey Breaks Down How Consumers Used Restaurants During Pandemic

In the early days of the coronavirus pandemic, the National Restaurant Association began a weekly survey of 1,000 adults to see how they were utilizing restaurants.

Starting in February 2020, the survey “tracks the extent to which U.S. adults participated in restaurant and foodservice on a week-to-week basis.”

The survey is broken down into six periods over the past 12 months and focuses on patronage during breakfast, lunch, afternoon snack/beverage and dinner and both on-premise and off-premise dining...

Full Story »
Mar 23 8:58 AM, General News


American Food and Grocery Shopping Patterns have Changed One Year Into the Covid Pandemic 

Since the emergence of the COVID-19 global health crisis, 96% of Americans say they clean and disinfect their homes as much or more than before; nearly half (47%) are eating healthier and half are cooking more; and almost one in seven are watching more television as a form of self-care and snacking while they do it. These new or increased consumer behaviors have contributed to a 14% increase in American household grocery spending, according to NCSolutions (NCS), a leading company for improving advertising effectiveness for the consumer packaged goods (CPG) ecosystem.

Marking the one-year anniversary of the COVID-19 pandemic, NCSolutions conducted an analysis of 12 months of its consumer purchase data as well as findings from a newly fielded...

Full Story »
Mar 16 8:23 AM, General News


U.S. Restaurant Customer Transaction Declines Steepen in February

Severe weather in many parts of the country in February hampered the softening of customer transaction declines at major U.S. restaurant chains reported in the last few months of 2020 and this January, finds The NPD Group. Major restaurant chain customer transactions declined by -13% versus year ago, compared to a -9% decline in January, according to NPD’s CREST® Performance Alerts which provides a rapid weekly view of chain-specific transactions and share trends for 75 quick service, fast casual, midscale, and casual dining chains representing 53% of the commercial restaurant traffic in U.S.

Record-shattering cold, snow, and rain affected a large swath of the U.S. in February. Texas, the second most populated state after California, was hit with a winter storm in mid-February that dropped significant amounts of...

Full Story »
Mar 12 8:19 AM, General News


Nearly 4 in 5 Americans Believe Pizza is Better with Pepperoni on It

This year, National Pi Day (March 14, 2021) will once again be celebrated by the making and eating of the most enjoyed and desired pie across the country - pizza. A recent survey, commissioned by the makers of Hormel® Pepperoni and conducted online by The Harris Poll among over 2,000 U.S. adults, reveals that pepperoni is America's favorite pizza topping, with Americans being more than twice as likely to choose it above the next most popular option, sausage (38% vs. 15%). In fact, four in five Americans (80%) say pepperoni goes with pizza like peanut butter does with jelly.

Pizza traditions may be passed on for generations, with the pizza pie becoming symbolic with fun, laughter and gathering with those you love. This is particularly true among millennials (ages 25-40), 81% of whom have nostalgic memories of eating pizza with...

Full Story »
Mar 11 8:26 AM, General News


Challenges Facing Foodservice Industry in 2020 Spurred Significant Growth in Off-Premises Services

The COVID-19 pandemic shook the world in 2020, leading to one of the steepest declines the global foodservice industry has experienced in recent history, according to global information company The NPD Group.

The pandemic interrupted years of growth in foodservice, causing a 20% drop in global sales and a 21% decline in total visits in 2020, to 958 billion euros ($1.157 trillion USD).

While mandated lockdowns restricted dine-in options, consumer demand for restaurant food was not abated, leading to unprecedented growth in...

Full Story »
Mar 9 8:17 AM, General News


Three Quarters of Brits Would Shop At an Amazon Grocery Store 

With the first Amazon grocery store now open in Britain, latest research from Mintel reveals that three quarters (76%) of Brits say they would shop at one.

When asked what would encourage them to shop at a physical Amazon grocery store, almost two thirds (63%) of consumers said they would be attracted to discounts for Prime membership. Meanwhile, a quarter (24%) would like the opportunity to be able to collect online orders. Overall attraction in shopping at these physical stores was higher among younger shoppers, with...

Full Story »
Mar 5 8:20 AM, General News


US Foods Spring Scoop Caters to Consumers’ Growing Interest in Well-Being, Sustainability

US Foods Holding Corp. announced the launch of Spring 2021 Scoop™, “Hungry for Better,” which features products that cater to consumers’ growing interest in dining options that support their planet, their communities and themselves. Today’s consumers are more deliberate and conscientious about their dining choices and are seeking products with simple and authentic ingredients that can also satisfy specific dietary needs. At the same time, they are also demanding products with sustainable attributes, and research shows that these consumer behaviors have only intensified since the start of the pandemic. To meet this growing need, US Foods Spring Scoop highlights 21 products that offer a well-being and/or sustainable attribute and are part of the company’s growing portfolio of products under the Hungry for Better initiative.

“With Spring Scoop, we are focusing on products that support our Hungry for Better initiative,” said Stacey Kinkaid, vice president, product development and...

Full Story »
Mar 2 10:14 AM, General News


While Chicken Sandwich Wars in the U.S. Intensify, Burgers Still Rule the Roost

No doubt that chicken sandwiches have gained a lot of attention over the past few years as more chicken restaurant concepts open and more chicken sandwiches appear on menus. The question is though, have these sandwich sensations knocked burgers from their perch as the top entrée item ordered at U.S. restaurants? That’s a hard “no,” says The NPD Group.

In the year ending 2020, burgers were included in 13.5% of all restaurant orders, which translated to 7 billion servings of burgers. Chicken sandwiches (breaded and grilled) were included in...

Full Story »
Feb 26 8:27 AM, General News


The Consumer Confidence Index Improved in February

The Conference Board Consumer Confidence Index improved again in February, after increasing in January. The Index now stands at 91.3 (1985=100), up from 88.9 in January. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—climbed from 85.5 to 92.0. However, the Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell marginally, from 91.2 last month to 90.8 in February.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for the preliminary results was...

Full Story »
Feb 25 8:30 AM, General News


From Animal Meat to Fungi, U.S. Consumers Tap into A Host of Sources to Get Protein into Their Diets

The want of more protein in their diets have U.S. consumers seeking the coveted macronutrient from a variety sources, reports The NPD Group. Protein, the nutritional counterpart to fat and carbohydrates, is considered the body’s building blocks, and can be found in a long list of foods, like seafood, meat, poultry, eggs, legumes, and vegetables.

In order to get more protein into their diets, consumers are availing themselves to all of these types of foods in addition to whatever might be the trendy protein of the day, like fungi, according to NPD’s Eating Patterns in America, an annual compilation of the company’s daily tracking of U.S. consumers’ eating behaviors away from and...

Full Story »
Feb 24 8:22 AM, General News


Packaged Facts: Clean Labels and Ethically Sourced Foods are Mattering More to Meat Eaters

Even with the growing availability of meat alternatives, many Americans are reducing rather completely eliminating their consumption of animal proteins, with the added caveat that they are doing so while seeking out meat raised in more ethical manners with cleaner labels, reports Packaged Facts in the market research study Vegan, Vegetarian, and Flexitarian Consumers.

Packaged Facts' survey data published in the report reveal that among all U.S. consumers, twice as many (49%) consider clean label options important when grocery shopping compared to...

Full Story »
Feb 22 8:32 AM, General News


Shifting Trends See Global Food Giants Ramp Up Their Plant-based Offerings

The past few years have seen plant-based meat and dairy alternatives go from a niche product to a mainstream trend, and finally to a mainstay in the food industry. Now that the average consumer has had the opportunity to try plant-based alternatives, the market has spoken and plant-based foods are taking a much larger role in the food industry in 2021.

Plant-based offerings are being added to the lineups of the world's largest food producers, multinational restaurants and cafes, and to important segments like the infant nutrition space. It's clear that the largest players in the food industry like Tyson Foods, PepsiCo, Starbucks Corporation, and Yum! Brands, along with innovative plant-based foods companies like...

Full Story »
Feb 17 8:26 AM, General News


Foodservice and Retail Get Creative for an Unprecedented Valentine’s Day 

While the pandemic has caused disruptions to gatherings and going out, there remains a special significance around Valentine’s Day. Consumers are committed to celebrating the holiday, even if traditional celebrations must be altered. According to the National Retail Federation, about 52% of adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 billon.

Nearly three-quarters of consumers celebrating the holiday this year feel it is important to do so given the current state of the pandemic. The virus is still a focus, with 74% indicating it will directly impact their plans for the holiday. About 24% of consumers plan to gift their loved one with an evening out, the lowest in...

Full Story »
Feb 12 8:31 AM, Urner Barry


Londoners Driving Trend for Delivery of Snacks and Coffee

There’s a new food trend emerging in the capital. Latest analysis from The NPD Group shows a significant rise in families in London ordering snacks and coffee delivered to their home. Demand from families for snacking delivered by foodservice operators and delivery platforms like UberEats and Deliveroo increased strongly, up +95% in London in 2020 versus 2019. This is significantly ahead of the +11% increase in orders placed by families across the country as a whole.

London currently represents one quarter of the UK’s snacking via delivery market. Dominic Allport, Insights Director (Foodservice), The NPD Group says “During 2020, London was the only region to see a rise in snacking via delivery. The main reason is the greater use of delivery subscriptions such as...

Full Story »
Feb 12 8:30 AM, General News


Insight Into Key Markets Ahead of the ‘Big Game’ as Foodservice Takes Unique Approach to Gameday

Heading into the big game last February, the coronavirus was just a blip on everyone’s radar, the focus was on ordering wings and appetizers for the pre-game party or planning a trip to a local sports bar.

This year, many Americans will be enjoying the big game in smaller groups and while meat lover’s pizzas and chicken wings will be devoured all night, trips to restaurants are out of the cards for some and businesses are shifting their takeout specials to cater...

Full Story »
Feb 5 8:52 AM, General News


Mintel Announces U.S. Foodservice Trends for 2021

Mintel, the experts in what consumers want and why, has today (February 3, 2021) announced four key trends for the US foodservice industry, including analysis, insights, and recommendations centered around consumer behavior over the next 12 months.

  • The Great Divide: The COVID-19 pandemic is highlighting the differences between the haves and have nots, both within the restaurant industry and among consumers.
  • Play With Your Food: In times of anxiety and crisis, consumers turn to food for security and comfort...
Full Story »
Feb 4 8:47 AM, General News


2020 Holiday Season: One for the Record Books at Retail

Record holiday season retail sales during the last two months of 2020 reflected the recovering economy but also got a boost from consumer emotions after a stressful year, National Retail Federation Chief Economist Jack Kleinhenz said today.

“This was not a typical holiday season and it took place amid an unprecedented shopping landscape,” Kleinhenz said. “When we assembled our 2020 holiday forecast, we knew one scenario was that results could come in high and that sales might exceed...

Full Story »
Feb 3 8:29 AM, General News


Valentine’s Day Spending to Total $21.8 Billion

Just over half (52 percent) of U.S. adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 billion, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

“There is no question the pandemic has disrupted many aspects of Americans’ daily interactions and activities,” said NRF President and CEO Matthew Shay. “However, there remains a special significance around Valentine’s Day, and consumers are committed to...

Full Story »
Jan 29 9:11 AM, General News


The Dark Clouds of 2020 Yielded Silver Linings for U.S. Restaurant Industry

Throughout one of the most challenging years for U.S. restaurants the industry demonstrated its resiliency against a variety of headwinds throughout 2020 by rising from a -35% traffic decline in April to a -11% visit decrease in December compared to year ago, reports The NPD Group. Although mandated dine-in restrictions have held back all restaurant segments, particularly full service, consumer demand for restaurant meals and the ability to serve the demand with a host of off-premises services, like digital ordering, delivery, drive-thru, and carry-out, are the silver linings that enable the industry to persevere.

Restaurant digital orders, which were growing prior to the pandemic, increased by +19% in January of last year to +145% in December compared to year ago, according to NPD’s daily tracking of consumers' use of restaurants and other foodservice outlets. Like digital ordering...

Full Story »
Jan 29 8:30 AM, General News


Americans to Eat Record 1.42 Billion Chicken Wings for Super Bowl LV

The COVID-19 pandemic has changed our lives in many ways. One thing that hasn’t changed: America’s love for chicken wings. This is no more apparent than on Super Bowl weekend, when Americans will devour a record 1.42 billion wings while watching the Kansas City Chiefs and Tampa Bay Buccaneers battle for the Lombardi Trophy.

This figure is up 2% from last year, according to the National Chicken Council’s annual Wing Report.

There are several reasons for the uptick, says National Chicken Council spokesman Tom Super. “If you think about it, restaurants like wing joints and pizza places were built around takeout and delivery, so they didn’t have to...

Full Story »
Jan 28 8:21 AM, General News


The Consumer Confidence Index Improved in January

The Conference Board Consumer Confidence Index improved moderately in January, after decreasing in December. The Index now stands at 89.3 (1985=100), up from 87.1 in December. However, the Present Situation Index – based on consumers’ assessment of current business and labor market conditions – decreased from 87.2 to 84.4. The Expectations Index – based on consumers’ short-term outlook for income, business, and labor market conditions – increased from 87.0 in December to 92.5 this month.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and...

Full Story »
Jan 27 8:23 AM, General News


National Restaurant Association Releases 2021 State of the Restaurant Industry Report

The National Restaurant Association released its 2021 State of the Restaurant Industry Report, which measures the impact of the coronavirus pandemic on the restaurant industry and examines the current state of key pillars including technology and off-premises, labor, and menu trends across segments based on a survey of 6,000 restaurant operators and consumer preferences from a survey of 1,000 adults. The report also provides a look at the path to recovery for chains, franchises, and independents and the year of transition ahead.

Key findings regarding the impact of coronavirus on the restaurant industry include...

Full Story »
Jan 27 8:22 AM, General News


3 Plant-Based Consumer Insights for Veganuary from Packaged Facts 

Plant-based eating and sustainability are some of the top food trends affecting consumer preferences and food product launches in recent years, causing more general consumers to think about these issues, not just those following veganism or vegetarianism. We are especially reminded of this during Veganuary, the world’s largest vegan movement.

There was a notable uptick in consumer usage of plant-based foods and beverages in 2020 compared to 2019, as reported by Packaged Facts. The market research publisher reports that...

Full Story »
Jan 22 8:40 AM, General News


Mintel: Temporary Slowdown in Meat Reduction Trend as Processed Meat Sales Boom 

The COVID-19 pandemic has proved to be a temporary setback for the flexitarian movement, with the proportion of adults limiting and not eating meat dropping back significantly in 2020 according to new research from Mintel. But as the food and drink industry recovers from the pandemic, Mintel expects that momentum will return to the plant-based industry.

Veganuary may be in full swing, but according to Mintel, the number of Brits actively limiting/reducing and not eating meat in their diet has reduced from half (51%) of all consumers in 2019 down to four in ten (41%) during 2020. Meanwhile, in search of familiar foods, sales of processed meat products, including...

Full Story »
Jan 22 8:39 AM, General News


Fueled By the Pandemic, Consumer Packaged Goods Purchases Grew 19% in 2020 Compared to 2019

As consumers hunkered down at home during most of last year, their spending on consumer packaged goods (CPG) grew an average of 19% in 2020 compared to 2019 according to the latest data from NCSolutions, a leader in advertising effectiveness for the CPG industry.

The COVID-19 pandemic caused a significant shift in CPG purchasing habits in 2020 — not just in how much consumers spent, but on what. According to a new NCS consumer survey of more than 2,000 adults, nearly half (47%) of Americans indicated they tried...

Full Story »
Jan 21 8:28 AM, General News


NRF Says 2020 Holiday Sales Grew 8.3 Percent Despite Pandemic

Retail sales during 2020’s November-December holiday season grew an unexpectedly high 8.3 percent over the same period in 2019 to $789.4 billion, exceeding the National Retail Federation’s holiday forecast despite the economic challenges of the coronavirus pandemic, NRF said. The numbers include online and other non-stores sales, which were up 23.9 percent at $209 billion.

“Despite unprecedented challenges, consumers and retailers demonstrated incredible resilience this holiday season,” NRF President and CEO Matthew Shay said. “Faced with rising transmission of the virus, state restrictions on retailers and...

Full Story »
Jan 19 8:23 AM, General News


Identity of Primary Plant-Based Food Consumers May Surprise, Reports Packaged Facts

Despite use of plant-based meat or dairy products being highest among those following vegan, vegetarian, or pescatarian diets, it's omnivores and flexitarians who make up the lion's share of consumers who eat these products due to their sheer numbers, reports market research firm Packaged Facts in the report Vegan, Vegetarian, and Flexitarian Consumers. This reveals that both the current and addressable market for plant-based products depends on omnivores and flexitarians using more of these products, especially beyond this month's Veganuary campaign encouraging people to try a plant-based diet.

"Although plant-based meat and dairy alternatives do appeal to some vegans and vegetarians, they are more targeted toward the preferences of omnivores and...

Full Story »
Jan 18 8:26 AM, General News


Mintel Announces Global Food and Drinks Trends for 2021 

Mintel has announced three key trends for the global food, drink, and foodservice industries, including analysis, insights, and recommendations centred around the ‘now’ (next 12 months), the ‘next’ (18 months+), and the ‘future’ (five+ years) of consumer behavior:

  • Feed The Mind: Innovative food and drink formulations will offer solutions for mental and emotional wellbeing that will create a new foundation for healthy eating.
  • Quality Redefined: Brands will be challenged to respond to...
Full Story »
Jan 15 8:27 AM, General News


Over the Past Five Years, U.S. Consumers Added 25 Between-Meal Snacking Occasions Per Capita

Whether it’s for a nutritious treat, comfort from stress, or a quick meal, U.S. consumers increasingly turn to fruits, nuts, and ready-to-eat snack foods throughout the day, reports The NPD Group. Over the past five years, Americans added 25 between-meal snacking occasions per capita, from 505 between-meal snacking occasions per capita in 2015 to 530 in 2020, and consumption of snack foods at meals increased from 21% of eatings in 2010 to 26% in 2020, according to NPD’s Eating Patterns in America, an annual compilation of the company’s daily tracking of the who, what, when, where, why, and how of U.S. consumers’ eating behaviors.

Snacking and snack food consumption follow a daily rhythm in most U.S. households with better-for-you snack foods, like fruit or yogurt, being eaten in the morning; more savory snacks, like...

Full Story »
Jan 15 8:27 AM, General News


FreshDirect Reveals Top Food Trends for 2021; Online Grocery and Home Cooking Boom to Continue

FreshDirect, a leading pure-play online fresh food grocer serving the Northeast, announced its top food trends for 2021. This year’s predictions were curated by FreshDirect’s in-house team of food experts. As food retailers at the forefront of the industry, FreshDirect has a unique and early view of cutting-edge grocery, ecommerce, and customer trends.

“As a leading online grocer, we have a unique and unmatched ability to understand the ever-changing buying habits of our customers. Our view on past orders, as well as those placed in the future, allows us to spot changes in trends quickly and react to them in real-time. The rapid increase in demand for online grocery and the boom in...

Full Story »
Jan 13 8:28 AM, General News


Global Consumer Confidence Improved in Q4

Global consumer confidence increased in the fourth quarter of 2020, driven largely by an improved outlook for personal finances—which, in many regions, reflect unprecedented fiscal measures in response to COVID-19. Prospects for jobs and spending intentions saw smaller improvements in Q4, according to The Conference Board® Global Consumer Confidence Survey.

Conducted in collaboration with Nielsen, the survey found that overall global consumer confidence climbed to 98 in Q4 2020, up six points from 92 in Q2 2020. A reading below 100 is considered...

Full Story »
Jan 13 8:27 AM, General News


U.S. Restaurant Industry Ends 2020 Making Its Way Out of the Steep Declines Caused by Pandemic

The U.S. restaurant industry closed one of the most unpopular years in history moving its way out of the steepest declines the industry has experienced since the Great Recession, reports The NPD Group. Customer transaction declines at major restaurant chains in December were down -10% compared to same period year ago, a 27-point improvement from April, the height of the shelter-at-home and restaurant dine-in closure mandates, when transactions declined by -37% from a year ago, according to NPD’s CREST® Performance Alerts, which provides a rapid weekly view of chain-specific transactions and share trends for 75 quick service, fast casual, midscale, and casual dining chains representing...

Full Story »
Jan 11 8:22 AM, General News


Survey: Meat Will Be a Key Ingredient for Americans Resolving to Eat Better in 2021

As many Americans are into week one of a new eating regimen, Applegate found that 72% of those surveyed believe meat should be part of a healthy diet and that 55% are resolving to cut back on sugar.

Despite the rising popularity of plant-based trends and lab-created “meat” substitutes, the survey found 58% of adults have no plans to consume less meat in 2021 and illustrated how consumers are seeking natural and organic meat products with...

Full Story »
Jan 7 8:23 AM, General News


NRF Chief Economist says Latest Stimulus will Help Continue Recovery from Pandemic

Economic challenges brought on by the coronavirus pandemic will continue in 2021, but stimulus legislation signed into law just after Christmas will help maintain and accelerate the nation’s ongoing recovery, National Retail Federation Chief Economist Jack Kleinhenz said.

“As we closed out 2020, it was an end to a whirlwind year whose challenging economic environment will almost certainly continue in 2021,” Kleinhenz said. “The coming year might be just as eventful as the economic recovery faces many uncertainties...

Full Story »
Jan 6 8:29 AM, General News


Britain’s Drive Thru Spend Up 45% September to November 2020

The trend for ordering food and drinks from our cars at Britain’s growing number of drive-thru restaurants soared from September to November 2020 according to global information company The NPD Group. There were 121 million visits to Britain’s 2,000 quick service restaurants (QSR) that offer drive-thru in those three months in 2020, a 14% increase on the same period last year. Spend was up 45% to £723m over this time frame, with consumers tending to place larger-than-average orders at the drive-thru window.

According to footfall analysis from NPD’s SnapMyEats data, the growth in drive-thru in these three months was a result of consumers switching from eating in and takeaway options during lockdowns and tiering, rather than...

Full Story »
Jan 6 8:28 AM, General News


McDonald's to Launch Three New Chicken Sandwiches Next Month

McDonald's is launching three chicken sandwiches beginning February 24, joining long-time sandwich favorites like the Big Mac, Quarter Pounder, Egg McMuffin, and Filet-O-Fish. The new options include a Crispy Chicken Sandwich, Spicy Chicken Sandwich, and the Deluxe Chicken Sandwich.

McDonald's began testing the Crispy Chicken Sandwich in Houston and Knoxville, Tennessee, last year. The sandwich is made of a fried chicken filet served on a potato roll, topped with butter and pickles. The spicy option comes with a spicy pepper sauce, and the deluxe sandwich comes with shredded lettuce, tomatoes, and mayo.

In November, Joe Erlinger, President of McDonald's USA, said a new crispy chicken sandwich would...

 

Full Story »
Jan 5 8:28 AM, Urner Barry


Hot Dogs and Sausages Market Expected to Reach $96.4 Billion by 2025 

According to Research and Markets, the hot dogs and sausages market are expected to grow at a compound annual growth rate of 4.08% over the forecast period to reach a market size of US$96.405 billion in 2025 from US$75.839 billion in 2019.

The rate at which urbanization is taking place which in turn is buttressed by globalization and rural to urban migration is facilitating the adoption of new consumption trends which have accommodated the inclusion of sausages and hotdogs among others. As of 2018, North America was the most urbanized region of the world, wherein the urban areas constituted...

Full Story »
Jan 4 9:37 AM, General News


Hormel Foods and Acclaimed Chefs Reveal Top Food Trends for 2021

Goodbye, 2020, and hello 2021! Hormel Foods Corporation, a global branded food company, is helping culinary enthusiasts around the world welcome 2021 with an exciting round-up of food trends to expect in the new year.

"It's no surprise that comfort food, sourdough bread and whipped coffee had big moments this past year, as people hunkered down and spent more time at home than ever before," said Heather Vossler, director of innovation and insights at Hormel Foods. "What's interesting is that as we all eagerly look ahead to the fresh start of a new year, we're seeing...

Full Story »
Dec 24 8:21 AM, General News


The Consumer Confidence Index Declined in December

The Conference Board Consumer Confidence Index declined in December, after decreasing in November. The Index now stands at 88.6 (1985=100), down from 92.9 in November. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – decreased sharply from 105.9 to 90.3. However, the Expectations Index – based on consumers’ short-term outlook for income, business, and labor market conditions – increased from 84.3 in November to 87.5 this month.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around...

Full Story »
Dec 23 8:23 AM, General News


The Catering Sector in France Adapts and Absorbs the Shock from COVID-19 Lockdowns

According to the latest data from The NPD Group, the share of “take-out” visits in France has doubled in catering, comprising 35% of total visits between March and October 2020, versus 17% over the same time period last year.

Restaurant owners have been able to adapt in order to develop their offerings toward take-out. They have reviewed the composition of the menus, developed the product mix, worked on the packaging and found new ways of communicating with...

Full Story »
Dec 23 8:22 AM, General News


COVID-19 Fuels a 50% Increase in Omnichannel Shopping Across the U.S. 

The COVID-19 pandemic has democratized e-commerce for all types of consumers, and over 18 million CPG buyers (and counting) in the U.S. have flooded the online space since March. Online shoppers have been mirroring their purchasing within the channel to their constantly shifting, pandemic-related needs and are becoming further entrenched in their shopping behaviors.

But not all online engagement leads to an online purchase. For many, online channels are a key means to compare prices, research new products and find physical stores, giving way to...

Full Story »
Dec 22 8:20 AM, General News


China’s Shifting Retail Landscape Signals the Permanence of Change Post-COVID-19

China’s rebound from COVID-19 has been unique. It came faster and with more demonstrable economic tailwinds for the economy than other markets. But it has also been a bellwether that has helped point to consumer behaviors elsewhere that have inevitably followed China’s lead. An example is the rebalancing of retail playing out around the world.

Pandemic-led shifts to further online adoption and an increased focus on neighborhood and small-format stores have become an ongoing normal. Though different to other markets, China helps us understand...

Full Story »
Dec 18 7:33 AM, General News


Kroger Shares Top 10 Trending Foods of 2020 

The Kroger Co. announced the top 10 trending foods of 2020, as well as its food trend predictions for 2021.

Based on year-over-year sales growth across Kroger's business, including nearly 2,800 retail stores and pickup, delivery and ship, the trending foods and beverages of 2020 included:

  1. Zero-Calorie Soft Drinks
  2. Four-Cheese Mexican Blend Shredded Cheese
  3. Flavored...
Full Story »
Dec 18 7:24 AM, General News


Restaurants and Third-Party Delivery Companies Agree to Public Policy Principles

The National Restaurant Association released Public Policy Principles for Third-Party Delivery (Principles) that define best practices for third-party delivery to guide lawmakers in developing public policy. The release of the Principles culminates a year-long effort by the Association to develop national guidelines based on the experiences of restaurant operators of all sizes. The Principles represent the first time the restaurant industry and third-party delivery companies have come together and agreed on a framework for their relationship.

Delivery represents one of the most important segments of growth for the restaurant industry. In a National Restaurant Association online survey of 1,000 adults conducted Dec. 7-9, 2020, 70% of adults say...

Full Story »
Dec 17 8:19 AM, General News


Plant-Based Dairy and Egg Product Sales Reach $4 Billion in 2020

Market research firm Packaged Facts projects retail sales of plant-based dairy and egg products will rise at an average annual rate of 6.0%, reaching $5.2 billion by 2024. This is up from $4.3 billion in estimated sales in 2020, which itself is up from $3.9 billion in sales during 2019.

These findings were published in the brand new Packaged Facts report Dairy & Egg Alternatives: Outlook for Plant-Based & Cell-Cultured Consumer Products.

Despite potential industry disruptors such as the lingering economic impact of...

Full Story »
Dec 16 8:15 AM, General News


Food Discounter Sales Set to Grow Over 10% in 2020 

While COVID-19 has proved catastrophic for many of Britain’s retailers, new research from Mintel reveals that this year has been a success story for food discounters, such as Aldi and Lidl, as sales grew 11% in 2020.

By the end of the year, Britain’s savvy shoppers will have spent an estimated £24 billion at food discounters. And, according to Mintel research, the nation’s love of discounters is set to continue as by 2025 Mintel estimates that food discount sales will top...

Full Story »
Dec 16 8:13 AM, General News


Panasonic Explores How the Pandemic has Transformed Food Services and Food Retail Industries

Panasonic Corporation of North America, a leading technology company, released its industry survey as to how the COVID-19 pandemic has transformed Food Services and Food Retail businesses. The new study reveals that one in four Food Services and Food Retailers now view their companies as tech-forward early adopters, up from one in eight prior to the pandemic.

The research is a follow up to a previous study conducted by Panasonic shortly before the coronavirus outbreak. In late 2019, Panasonic conducted a food industry pulse survey in association with...

Full Story »
Dec 10 8:23 AM, General News


Technomic's Take: 2021 Global Trends Outlook

We can only guess what’s in store for 2021 in the global restaurant space. 2020 showed us—among so many things—that what’s expected and what happens don’t always align, to say the least. That said, we think our 2020 restaurant trend forecast holds up fairly well given the reality of the marketplace affected so drastically by the pandemic. Ghost kitchens certainly moved mainstream. Vegan fare got more space to stretch and grow. Plant-based meats continued to inform product development, especially across Asia. Beverage chains certainly broke out from the crowd—again, especially in Asia. And halloumi, pinsa pizzas and sliders had strong showings on chain menus across the world. So, what’s in store for the coming year...

Full Story »
Dec 10 8:22 AM, General News


National Pork Board Study Outlines Opportunities to Diversify Pork Exports

As U.S. pork exports continue to break records in 2020, new reports from the National Pork Board demonstrate opportunities that may diversify U.S. pork exports in Vietnam and the Philippines. The reports also show how African swine fever (ASF) outbreaks in Asia have impacted both countries’ pork industries and related supply chains.

The two new pork market assessments were prepared by Gira, a global research firm, with funding from the Pork Checkoff and the USDA Foreign Agricultural Service Emerging Markets Program. They share critical insights on...

Full Story »
Dec 9 8:16 AM, General News


Protein Market Buying Opportunities 

As COVID-19 continues to impact consumer habits across the globe, many protein markets are experiencing unusual or contra-seasonal trends through the holiday season. Highlighted are just a few items that might be catching the eye of wholesale and distribution buyers in early December...

Full Story »
Dec 8 8:17 AM, Urner Barry


Millennials and Gen Z are Prime Consumers of Plant-Based Foods

Food and beverage companies nationwide are increasingly investing in plant-based meat alternatives to satiate growing consumer demand for protein not sourced from animals. But who exactly are the primary consumers of such products? According to Packaged Facts, it’s younger American consumers, particularly those who are between the ages of 18 and 44, who are the most likely to eat plant-based meat and who account for the majority of plant-based meat consumers.

Upon closer examination, data published by Packaged Facts reveals that the 18-24 age group comprised of members of...

Full Story »
Dec 4 8:19 AM, General News


Grubhub Releases Annual "Year in Food" Report Detailing the Top Trends of 2020

As the nation looks forward to 2021, Grubhub is taking time to look back at how Americans ate their way through a turbulent year. Grubhub, a leading online and mobile food-ordering and delivery marketplace, released findings from its annual "Year in Food" report, analyzing orders from over 30 million diners to see what rose in popularity throughout an unpredictable year. In addition, diners will receive their personalized "Taste of 2020" recap to get a glimpse of their favorite cuisines, menu items, and order habits throughout the year.

While past years have seen a growth in vegan and vegetarian options, 2020 was a year where...

Full Story »
Dec 4 8:18 AM, General News


NRF Chief Economist Says Pandemic Made this Year's Holiday Forecast the Most Challenging Ever

With the coronavirus pandemic presenting unique circumstances for the nation’s economy, forecasting retail holiday sales this year was more challenging than ever before, National Retail Federation Chief Economist Jack Kleinhenz said today.

“There is no doubt this is the most unusual economic environment in our lifetimes,” Kleinhenz said. “I cannot think of a period with so many simultaneous factors hitting the economy at once when formulating this forecast.”

NRF usually releases its annual holiday forecast in early October but...

Full Story »
Dec 4 8:17 AM, General News


Changed Beef Consumption Habits Following COVID-19 Create Opportunities

The global Covid-19 pandemic and African swine fever (ASF) have changed beef consumption patterns through 2020. While total beef consumption has not seen too much change, we have seen distribution channels change, benefiting some at the expense of others. As the impacts of ASF are overcome and disruptions from Covid-19 subside, old distribution channels will recover.

“It is likely that many consumers will revert to their previous habits, but we do see opportunities for...

Full Story »
Dec 3 8:27 AM, General News


Holiday Shoppers Take Advantage of Early, Thanksgiving Weekend Deals

An estimated 186.4 million consumers took advantage of the Thanksgiving holiday weekend and shopped in-store and online this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics.

“As expected, consumers have embraced an earlier start to the holiday shopping season, but many were also prepared to embrace a long-standing tradition of turning out online and in stores over Thanksgiving weekend to make...

Full Story »
Dec 3 8:17 AM, General News


COVID-19 Impacts the Turkey Market this Thanksgiving 

As coronavirus restrictions continue to impact our daily lives, it seems the holidays will be no exception. Retail and foodservice attempted to adapt to these unprecedented changes this Thanksgiving, by promoting deals with smaller birds or meals that feature turkey items instead of a whole bird.

Restaurants like Denny’s brought back its family-style Turkey and Dressing Dinner Pack, which included a carved turkey breast and sides portioned for four people. Cracker Barrel added multiple holiday meal options to the menu, with Thanksgiving meal offerings that serve...

Full Story »
Dec 2 8:22 AM, Urner Barry


The Consumer Confidence Index Decreased in November

The Conference Board Consumer Confidence Index declined in November, after remaining relatively flat in October. The Index now stands at 96.1 (1985=100), down from 101.4 (an upward revision) in October. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – decreased slightly from 106.2 to 105.9. The Expectations Index – based on consumers’ short-term outlook for income, business, and labor market conditions – declined from 98.2 in October to 89.5 this month.

The monthly Consumer Confidence Survey, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and...

Full Story »
Nov 25 8:25 AM, General News


UK Restaurants Look Set to Recover as Consumers Still Prefer to Dine Out

The NPD Group says amid the severe and unprecedented COVID-19 business pressures affecting Britain’s out-of-home (OOH) foodservice industry, the delivery channel has been a welcome success story. Comparing the January-to-October period this year with the same period in 2019, delivery is up 14% in visit terms to 804 million and has seen a 40% increase in spend to £5.7 billion. However, although delivery has met a need during this unprecedented period of enforced home living, working and entertaining, NPD’s research shows... 

Full Story »
Nov 25 8:24 AM, General News


UK Consumer Spending to Fall by Nearly 14.9% in 2020

Total UK consumer spending is expected to fall by a staggering £183.6 billion (14.9%) this year due to the COVID-19-induced lockdowns, according to new research from Mintel’s flagship British Lifestyles report. This equates to a drop in spending of around £6,600 per household – with the biggest decreases occurring in the transport, foodservice, and holiday industries. Consumer spending in these three categories will fall by an astonishing £140.1 billion in total, or just over £5,000 per household – representing around 77% of the overall decline in consumer spending this year.

But it seems there is light at the end of the tunnel for these three categories as they are expected to bounce back the strongest in 2021: spending on transport will increase by...

Full Story »
Nov 25 8:24 AM, General News


NRF Expects Holiday Sales will Grow Between 3.6 and 5.2 Percent

With retail sales rebounding strongly due to continued consumer resilience, the National Retail Federation today forecast that holiday sales during November and December will increase between 3.6 percent and 5.2 percent over 2019 to a total between $755.3 billion and $766.7 billion.

“We know this holiday season will be unlike any other, and retailers have planned ahead by investing billions of dollars to ensure the health and safety of their employees and customers,” NRF President and CEO Matthew Shay said. “Consumers have shown they are excited about the holidays and are willing to...

Full Story »
Nov 25 8:24 AM, General News


Nielsen Analyzes U.S. Store Locations Benefiting the Most During COVID-19 

In cities across America, the face of grocery and household shopping has changed dramatically this year. Months of working from home, reduced levels of commuting and high unemployment numbers are all adding up to a very different outlook for the consumer packaged goods (CPG) industry.

Many of the top-performing stores across the nation have emerged in areas that haven’t historically shared the spotlight of strategic focus for companies. With signs of growing staying power, these changes are...

Full Story »
Nov 24 8:21 AM, General News


Billions in Consumer Spending Are Shifting as COVID-19 Forces Widespread Retail Disruption

Some of the highest revenue-generating grocery stores in the world are facing sweeping changes to their customer bases and their ability to deliver value to brands as people change where they shop—a change that, for some, may be permanent. The shifts come as COVID-19 forces millions of people to spend more time at home and less time commuting, a key driver of the shift.

The changes are effectively shifting the balance of power in the grocery segment. Some stores that were once the biggest sales contributors are now seeing sales declines while those that may have been...

Full Story »
Nov 24 8:20 AM, General News


The NPD Group Reveals Consumers' Top Plant-Based Product Choices 

When it comes to eating plant-based foods, consumers are definite in which types of these foods they want to eat at home and which they want to eat from a restaurant or foodservice outlet, finds The NPD Group. About 93% of meals or snacks that include milk alternatives are consumed at home and 7% are at/from a restaurant or foodservice outlet.

When it comes to meat analogues, restaurants and other foodservice outlets have the largest share of eating occasions at 78% while at home represents...

Full Story »
Nov 24 8:19 AM, General News


Nielsen: Thanksgiving Highlights COVID-19 Divide 

In a year unlike any other, even Thanksgiving is not immune to polarization in the U.S.

As we confront ever-rising COVID-19 cases and physical and financial restraints, this year’s Thanksgiving festivities will look and feel drastically different, depending on location, generation and the financial impact of the pandemic. Yet from online shopping to price hikes, consumers share commonalities in confronting a Thanksgiving unlike any other.

Americans are almost perfectly split on whether they’re planning to...

Full Story »
Nov 23 8:16 AM, General News


Postmates Reveals Unprecedented Ordering Trends of 2020

Postmates revealed the unprecedented ordering trends of 2020 and it's clear 2020 was a year like no other.

The year started on a predictable note, with popular New Year's Eve hydration hangover remedies like Gatorade spiking 197% (WoW) on New Year's Day. Customers fell in love with heart-shaped pizzas this year (+1,800% YoY) on Valentine's Day where there was also a 4,462% (WoW) increase in orders for flowers - not too surprising. But in early March, as the global pandemic was declared and shelter-in-place orders began...

Full Story »
Nov 20 8:25 AM, General News


Americans Flock to Chicken, the Nation’s #1 Quarantine Protein

Throughout the last year, as home kitchens took center stage, Americans have been relying on chicken as a healthy and convenient protein that can be enjoyed by everyone. In fact, three-quarters (75%) of Americans who eat any chicken say they prepare chicken at home at least once a week. During the past 9 months of COVID-19, retail chicken sales have increased $1.3B, up 19.5% from the same period last year, according to IRI and 210 Analytics.

Today the National Chicken Council (NCC) unveiled the findings of a new survey fielded with the goal of better understanding chicken consumption trends and...

Full Story »
Nov 20 8:24 AM, General News


October Retail Sales Grew as Consumers Started Holiday Shopping Early

Retail sales grew for the sixth month in a row in October, with sales significantly better than the same time a year ago as the economy continued to recover and consumers began their holiday shopping early, the National Retail Federation said today.

“We are encouraged by another positive retail sales number for October — the sixth consecutive positive monthly gain — as early holiday shopping provided a strong boost to the data,” NRF President and CEO Matthew Shay said. “Overall, retail sales were up 10.6 percent in October 2020 versus October 2019, and for the first 10 months of this year, retail sales were up...

Full Story »
Nov 18 8:35 AM, General News


Technomic's Take: What to Expect in Canada in 2021

As we head into 2021, the world of foodservice remains in unprecedented territory as we collectively deal with the immediate and long-lasting impacts of the COVID-19 pandemic. While many unknowns linger as the world anxiously awaits an end to the virus, we do know that those who demonstrate the most versatility in response to industry, consumer and cultural shifts are best set to succeed in the coming year. Read ahead for Technomic’s expert predictions to better equip yourself for what’s to come and how to prepare for a post-pandemic world.

1. The Road to Recovery Steadies

Foodservice will experience the start of a financial recovery in 2021, but sales results across segments will be a mixed bag. Limited-service restaurants will turn...

Full Story »
Nov 12 8:24 AM, General News




URNER BARRY INDICES




Load More
Label Label
Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.