Key Takeaways: Independent grocers contribute over $353 billion to the $920 billion U.S. food retail sector, making up more than 38% of total sales. For every $1 in independent grocery sales, an additional 58 cents is generated in supply chain…
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The Changing Landscape of Grocery Shopping Consumer behavior in the grocery industry is shifting as shoppers seek value and affordability. According to a recent report by Alvarez & Marsal, more consumers are opting for lower-priced retailers in their quest for…
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Summary: Banks are not adequately addressing the increasing methane emissions from top meat, dairy, and rice companies, as per a recent report by Planet Tracker. The report evaluated 25 banks, including JPMorgan Chase, HSBC, Barclays, RBC, and Citibank, that provide…
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Summary: Recent assessment by the Business and Human Rights Centre reveals that major food and beverage companies are falling short in addressing forced labor risks in their supply chains, exacerbated by climate change. The benchmark evaluated 45 global food and…
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Summary: According to a recent survey by AlixPartners, the majority of consumers plan to maintain or increase their spending on groceries in 2026 compared to 2025. Grocery is the only category expected to see a rise in consumer spending next…
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Households with users of GLP-1 medications for weight loss to represent 35% of U.S. food and beverage sales by 2030 A recent report by Circana predicts that households with users of GLP-1 medications for weight loss will make up more…
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Key Points: According to a report from the National Association of Convenience Stores, National Grocers Association, and FMI – The Food Industry Association, retailers are facing upfront costs of around $1.6 billion to implement new SNAP purchasing restrictions. Convenience stores…
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PepsiCo has successfully reduced its virgin plastic use by 5% in 2024, surpassing its annual target of 2%, as stated in the 2024 ESG report released on Thursday. This marks the consumer packaged goods company’s first detailed report on its…
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Key Takeaways: Despite ongoing consumer concerns about inflation, the meat departments of grocery stores showed resilience in 2024, as reported by FMI — The Food Industry Association in their recently released State of Fresh report. In 2024, meat sales saw…
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Healthy Drink Choices: A Key Component of a Balanced Lifestyle When it comes to maintaining a healthy lifestyle, diet and exercise are essential factors. However, the beverages we choose to consume also play a significant role in supporting our overall…