Euromonitor predicts the future of the retail environment
October 13, 2021
eCommerce drove 75% of the $3 trillion growth in global retail sales over the past decade, according to Euromonitor. This digital transformation is forcing retailers to redefine the use of traditional stores to enable immersive, personalized and optimized shopping environments.
The future of fresh food confronts a strong challenge from frozen and plant-based alternatives that are benefiting from shifting consumer behaviors and purchase patterns
October 6, 2021
For 90% of consumers, price continues to be the top purchase driver for fresh. The combination of recent inflation and the perception that frozen food costs less (held by 62% of consumers) is attracting more consumers to frozen alternatives.
Findings highlight the permanence of sustainability-marketed products
September 28, 2021
“Despite significant price premiums, sustainability-marketed products grew far faster than conventionally branded players and had lower price sensitivity in two-thirds of categories examined,” said Randi Kronthal-Sacco, senior scholar, marketing and corporate outreach, NYU Stern Center for Sustainable Business.
The move advances the company goal to design 100% of packaging to be recyclable, compostable, biodegradable or reusable across portfolio by 2025
September 23, 2021
The compostable bags are currently available at Whole Foods Market and select retailers starting this month and are an example of PepsiCo's investments in breakthrough food packaging technology and the overall pep+ transformation.
Stacy's® continues its legacy of lifting up female founders by announcing the 2021 Rise Project finalists and launching the FoundedByHer business directory
September 16, 2021
Stacy's Pita Chips is continuing its commitment to helping female founders be found by partnering with Oscar winning actress and producer Reese Witherspoon and the media company she founded, Hello Sunshine, to spotlight the 10 inspiring winners of the 2021 Stacy's Rise Project.
FoodBytes! Pitch attracts hundreds of applicants vying to drive change within global food systems
September 14, 2021
Since originally launching in 2015, FoodBytes! Pitch has become a go-to experience for startups looking to validate and grow their businesses, generate global industry exposure, and access invaluable mentorship, as well as corporate and investor connections.
Snacks represent a huge and diverse market as eating patterns have become less formal. Consumer demand for physical and mental energy boosts through the day continues to increase. In combination, these trends leads to growing demands for snacks with energizing properties.