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Posts Categorized: Industry Trends

Trader Joe’s rates high in customer experience, reports study

June 20, 2018

Trader Joe’s ranked first among multichannel retailers in Forrester Research’s 2018 U.S. Customer Experience Index. The Cambridge, Mass.-based research firm benchmarked the customer experience quality at 287 U.S. brands, including 42 leading multichannel retailers. Full story

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Fastest-Growing Companies Offer Strategies for Boosting Growth in Challenging Environment

June 20, 2018

Although U.S. consumer packaged goods (CPG) companies once again faced a challenging environment in 2017, research released today by The Boston Consulting Group (BCG) and IRI found that many of the industry’s top performers generated growth by distinguishing themselves in three ways: differentiating their offerings, targeting consumers with greater precision and complementing organic growth with… Read more »

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Total Consumer Report

June 20, 2018

Across the FMCG brick-and-mortar landscape, fresh categories have driven nearly 49% of all dollar growth this year. Analyzing a unified view of the food space provides flavor and ingredient inspiration, the ability to realize product synergies across departments and even leaves room for innovation and cross-promotional opportunities between food and non-food categories. Full story Full… Read more »

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F.D.A. fiber decision offers good news for branded ingredients

June 20, 2018

The Food and Drug Administration’s decision on June 14 that eight additional carbohydrates meet its fiber definition pleased several suppliers of branded ingredients. The decision also should ease the anxiety of food and beverage manufacturers wanting to meet a compliance date for labeling updates. Full story

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Specialty Food Sales up 12.9%, Far Outpacing all Food Sales

June 13, 2018

About two-thirds of consumers purchase specialty foods, leading the industry to $140.3 billion in retail and foodservice sales in 2017, an 11 percent increase over 2015, show the findings of the State of the Specialty Food Industry 2018 report, published by the Specialty Food Association in collaboration with Mintel. Full story

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SmartLabel Is Rapidly Taking Over the Retail Front

June 13, 2018

Industry efforts to get in front of the labeling debate with the SmartLabel initiative is both meeting consumer demand for transparency and boosting sales, prompting initiative leaders Grocery Manufacturers Association (GMA) and Food Marketing Institute (FMI) to launch a campaign in a bid to raise consumer awareness. Full story

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Balancing authenticity and innovation

June 13, 2018

Regional street foods are playing a more influential role on restaurant menus. Such chains as The Cheesecake Factory, and others known for featuring international dishes that honor the original recipes, are keeping close tabs on what’s “hot” at street level. Full story

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Recovering Vitality and Relevance in the Next Five Years

June 13, 2018

Food retailing has seen steady growth in competition and in order to succeed, retailers must understand how to differentiate themselves. Trading relationships between retailers and manufacturers have also been impacted. Collaboration is becoming a necessity for big food manufacturers and retailers. CPGs need to understand how much time they should invest in this type of collaboration… Read more »

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