Online Grocery Delivery Services Market size is set to grow by USD 652.45 billion from 2023-2027

Albertsons Companies Inc., Alibaba Group Holding Ltd. and Amazon.com Inc., and more to emerge as Some of the Key Vendors, Technavio

The global online grocery delivery services market size is estimated to grow by USD 652.45 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 19.43% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental...

CNBC/NRF Retail Monitor Shows Retail Sales Grew in March Amid Wage Gains and Easing Inflation 

Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.

“As inflation for goods levels off, March’s data demonstrates steady spending by value-focused consumers who continue to benefit from a strong labor market and real wage gains,” NRF President and CEO Matthew Shay said. “In this highly competitive market, retailers are having to keep prices as low as possible to meet the demand of...

19th Annual Power of Meat Reports Strong Meat Consumption, Evolving Consumer Trends

The number of Americans who describe themselves as meat eaters (80%) and the number of households that purchase meat (98%) remain steady from 2023, while the number seeking to decrease meat consumption has fallen by 20% since 2020, according to the 19th annual Power of Meat report released today by the Meat Institute and FMI—The Food Industry Association.

According to data cited from Circana, overall household penetration averages above 97% for all incomes, ethnicities, household sizes and ages...

H-E-B Holds Top Spot in dunnhumby's Annual Grocery Rankings

Dunnhumby, the global leader in customer data science, today announced that H-E-B has been named the top U.S. Grocery Retailer in the seventh annual dunnhumby Retailer Preference Index (RPI), a comprehensive, nationwide study that examines the approximately $1 trillion U.S. grocery market, released today. H-E-B is the first grocery retailer to be recognized three times as number one in the RPI ranking surpassing Amazon and Trader Joe’s who both ranked as top grocer twice. Amazon (2) and Costco...

2023 Restaurant & Delivery Data Report by Otter

2023 was a year of mixed performance for the global restaurant industry. While restaurants generally recovered from pandemic-era losses, record-breaking inflation took a bite out of many eateries’ profit margins. Now more than ever, restaurant tech is critical to help eliminate redundant costs and maximize returns on every order served. That’s what more than 275,000 businesses have been doing with Otter’s Restaurant Operating System.

In this report, you’ll find the most vital (and most timely) data points for the success of today’s restaurants across the United States and Canada...

Holiday Food Prices Projected Up 7% from Last Year, 18% from Two Years Ago

National supermarket data confirms slower food price inflation with consumers seeing smaller price increases when shopping for 2023 Christmas meals. According to a data analysis and forecast prepared by Category Partners, the price of purchasing Christmas dinner at a supermarket will be approximately 7% higher than in 2022. The forecast was derived using supermarket sales data provided by NielsenIQ collected from more than 35,000 food stores in the United States.

The data analysis shows that a basic Christmas dinner in 2023 purchased from a supermarket...

Heavy Restaurant Breakfast Buyers Drive Both Commercial Restaurant Visits and Retail Sales

Continuing its cross-channel analysis to gain the most robust Complete Consumer™ insights, Circana™, a leading advisor on the complexity of consumer behavior, today released new findings on morning tradeoffs happening across consumer packaged goods (CPG) and foodservice purchases. The latest insights highlight consistent growth in commercial restaurant visits for morning meals (+4% in the last 12 months), driven primarily by Tuesday to Thursday visits, when people are most likely to be commuting to the office.

The key driver of this restaurant growth, the heavy...

CNBC/NRF Retail Monitor Shows Strong Retail Sales Gain for First Half of Holiday Season

The holiday shopping season got off to a good start in November as retail sales showed strong gains, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access November retail data.

“November Retail Monitor data shows that consumers are embracing the holiday season and promotions being offered by retailers,” NRF President and CEO Matthew Shay said. “Value conscious shoppers are out looking for deals as they purchase gifts for family and friends, and...

DoorDash’s Dash From the Past 2023 Trend Report and a Look Back at Ten Years of Deliveries

2023 was all about milestones. While DoorDash celebrated its 10th anniversary and a decade of empowering local communities, we know our customers celebrated special moments, too. Whether it was a birthday, graduation, holiday, game day or just because – this year, customers celebrated the moments that mattered. From serving up the best of your local neighborhood cuisine to coming in clutch with the perfect gift that you definitely didn’t forget about, no matter how big or small these moments were, DoorDash was there to...

TGI Fridays' Global Expansion Sizzles with NetSuite

TGI Fridays, a leading global fast casual restaurant chain, is working with Oracle NetSuite to support its mission of bringing people together to socialize and celebrate the spirit of "Friday." With NetSuite, Fridays has been able to take advantage of an integrated business suite to consolidate financial processes, increase efficiency, enhance cash flow, and improve decision-making across its global chain of restaurants.

Founded in New York City in 1965, TGI Fridays was the world's first casual bar and grill and has since grown to include more than 700 restaurants in...

U.S. Consumers Spent More on Food in 2022 Than Ever Before, Even After Adjusting for Inflation

The USDA, Economic Research Service’s (ERS) Food Expenditure Series (FES) provides a comprehensive measure of the total value of all food purchases in the United States. The series tracks spending on food intended to be prepared at home, such as from grocery stores, and food that is prepared away from home, such as at restaurants. The FES allows Government agencies, academic researchers, and industry stakeholders to assess and track developments in consumer food-buying behaviors and the U.S. food supply...

New Data Highlight Continuous Improvement, Sustainability Across Meat Sector

In the second year of the meat sector’s pioneering data collection and reporting on five key focus areas for continuous improvement, the number of companies submitting data grew by nearly 60% and now covering more than half of all establishments operated by Meat Institute members.

With 93% of the Meat Institute’s largest member companies (more than 2000 employees) submitting data, the report reflects commitments and actions covering an estimated 90% of meat sold in the United States. The Meat Institute's metrics and goals align closely with on-farm efforts in beef...

Birdzi Partners With Berkot’s To Optimize the Grocer’s Data and Personalize the Customer Experience

Birdzi, the supermarket industry’s most comprehensive customer intelligence and engagement ecosystem, today announced that Berkot’s Super Foods will rely on the technology provider’s innovative solutions to personalize and elevate shopping experiences. This partnership will help the regional grocer utilize its wealth of customer data and incorporate new digital touchpoints to engage its customer base.

Berkot’s is a family-owned and operated neighborhood grocery store with locations in Wisconsin and Illinois. Berkot’s is dedicated to the communities it resides in and is committed to providing high-quality...

Tattle Releases Receipt Scanning Feature Offering Restaurants an Additional Method of Engaging Guest

Tattle, the industry-leading Customer Experience Improvement (CXI) platform for restaurants to collect feedback data and generate algorithm-driven improvement recommendations, recently released a receipt scanning feature to further enhance the platform’s ability to collect menu item level feedback.

Traditionally, through Tattle’s robust integrations with 35+ ordering, POS and loyalty providers in the hospitality industry, Tattle surveys can automatically bring in order details from each transaction and ask customers to provide menu item specific feedback. With the new receipt scanning capability, even for restaurants...

Producers Can Now Go "Whole Hog" on New Heat Stress App for Pigs

HotHog, a new smartphone application that predicts heat stress in pigs, is now available for download and use, a team of Agricultural Research Service (ARS) and university scientists announced today.

Available in the Apple App Store and Google Play Store, HotHog taps into local weather data to predict the relative comfort or heat stress levels of pigs on an hourly, daily or weekly basis. Swine producers can then use this information to take pre-emptive measures, like ensuring plenty of drinking water, cooling the pigs with fans...

Phillips Edison & Co Highlights Top Trends of 2023 for Grocery-Anchored Shopping Centers

Phillips Edison & Company, one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today commented on the top shopping center trends of 2023 as part of ICSC Las Vegas.

Mike Conway, Vice President of National Accounts and Retail Partnerships at PECO, said, “We continue to see strong demand for space among growing retailers, which we believe is a reflection of their expectations for the impact – or lack thereof – that a down cycle will have on their performance. Consumer demand for necessity-based...

Blaze Pizza Selects Qu as Unified Commerce Platform to Support Rapid Growth and Innovation

Blaze Pizza has chosen Qu’s unified commerce platform to enhance ordering and operational efficiency across the franchise system. Qu’s cloud-native system provides greater order accuracy and kitchen fulfillment, reducing the cost of labor and food waste. These advantages, along with extensive data collection, will allow for greater cost savings and a better user experience, ultimately supporting Blaze’s plans for rapid growth. The announcement was made at the Cota Connect summit in San Francisco, hosted by Qu investor Cota Capital...