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Food inflation stands out in October consumer pricing surge

Shoppers report higher price tags, spending for groceries   Much to the dismay of U.S. shoppers, consumer prices jumped more than 6% in October, boosted mainly by surging gasoline prices but also continued high inflation for food. The Consumer Price Index (all urban consumers) rose 6.2% year-over-year (unadjusted) for October, the U.S. Bureau of Labor … Continued

Price hikes expected to propel grocery sales growth

Manufacturers, retailers anticipate dollar share gains as 2021 winds down, survey finds   Amid supply chain snags and surging costs, grocery manufacturers and retailers expect price increases to spur dollar sales growth heading into next year, new research shows. Six in 10 manufacturers and seven in 10 retailers think consumer packaged goods (CPG) dollar sales … Continued

Fresh or frozen, plant-based proteins are making inroads

Expanding selections and multi-faceted marketing are enhancing the popularity of plant-based meat alternatives Richard Mitchell | Oct 06, 2021 Plant-based meat alternatives are popping with potential. Approximately 20% of U.S. consumers purchase plant-based meat at least occasionally and sales account for about 2% of fresh and frozen meat department revenues, reports Information Resources Inc. (IRI), a Chicago-based … Continued

FMI sizes up pandemic’s financial impact on food retailers

Double-digit same-store sales gains partly offset by higher costs, Industry Speaks 2021 study finds     Consumer demand for groceries swelled by 50% last year, lifting food retailer same-store sales nearly 16% industrywide, according to new research in FMI-The Food Industry Association’s “The Food Retailing Industry Speaks 2021” report. On average, grocery retail comparable-store sales … Continued

Pandemic trends, supply shifts impact center store shopping

Strong in-store and online sales continue to benefit center store, but supply chain shortfalls linger   As grocery customers return to more in-store shopping, it’s clear that the online grocery shopping they embraced during the pandemic isn’t going anywhere any time soon. Over 40% of shoppers currently order groceries online, according to Acosta research and … Continued

TOP 50 RETAILERS BY ANNUAL SALES IN U.S. DOLLARS

  The SN Top 50 Retailers report is compiled in partnership between Supermarket News and research partner IGD, a leading UK-based analysis and insight organization for the food and consumer goods industry.           The following table includes the rankings of the Top 50 food and grocery retailers and wholesalers in the U.S. and … Continued

H-E-B reopens tornado-battered Central Market in Dallas

Gourmet supermarket rebuilt, upgraded during 20-month closure H-E-B on Wednesday reopened its Central Market Preston Royal supermarket near North Dallas, which had been shut 20 months for rebuilding and restoration after being destroyed by a tornado. Located in the Preston Oaks shopping center, the roughly 35,000-square-foot Central Market sustained severe damage from tornados that swept … Continued

U.S. grocery shoppers head back to stores as COVID-19 vaccinations rise

Over a third plan to buy food both in-store and online, Inmar survey reveals U.S. grocery shoppers are gradually returning to in-store purchases as more Americans receive COVID-19 vaccines, a new survey from Inmar Intelligence finds. Once fully vaccinated, 27% of consumers said they plan to do most of their grocery shopping at stores, while … Continued