Strong company response to help feed consumers around the world
April 7, 2020
As communities around the world struggle to cope with the real-life implications of the coronavirus (COVID-19) outbreak, The Kraft Heinz Company is providing an update on its response to the pandemic, the rescheduling of its upcoming Investor Day and business impacts to date, ahead of its first quarter 2020 earnings call later this month.
Specialty Food Association President Phil Kafarakis says big thinking is critical to help small businesses get through spring, summer months
April 6, 2020
The Specialty Food Association (SFA) represents as many as 4,000 independent specialty food companies. Its two annual conventions—the Winter Fancy Food Show in January and Summer Fancy Food Show in June—prove to be key scouting opportunities for those manufacturers, retailers and foodservice operators interested to preview food and beverage trends.
Boomers show greatest shift in shopping behavior; women show significant behavioral shifts, while men stockpile, cut spending
April 1, 2020
As coronavirus spreads nationwide, a recent survey by First Insight found that news of the virus is impacting the shopping behavior of 75% of respondents, up from 45% (a 70% increase) when comparing to a survey fielded in late February. The survey by First Insight, Inc., a leading technology company transforming how retailers make product investment and pricing decisions, also pointed to significant swings in behavior by women and Baby Boomers over the last three weeks.
The show was scheduled to take place May 31 to June 2 in Indianapolis
March 31, 2020
In a letter to its community, the International Dairy Deli Bakery Association (IDDBA) announced the cancellation of its annual trade show. The show was scheduled to take place May 31 to June 2 in Indianapolis.
Health and safety concerns related to the COVID-19 pandemic prompt the Institute of Food Technologists Annual Event and Food Expo to transition to a virtual experience
March 30, 2020
The Institute of Food Technologists (IFT) announced that it will transition the IFT20 Annual Event and Food Expo, slated for July 12-15 at McCormick Place in Chicago, to a virtual event experience. The move comes in an effort to prioritize the health and safety of participants and the broader community throughout current and anticipated developments of the COVID-19 pandemic.
Political and economic unease, here and abroad, has been growing well before the onset of COVID-19. What the spread of COVID-19 has caused, is an amplification and acceleration of the Tide that was already rolling in. It's no less significant for its abruptness and shock value, but pandemics can have the effect of shaping and altering the trajectory of already identified trends.
Company team members working to ensure food supply during COVID-19 crisis
March 27, 2020
Hormel Foods, a global branded food company, announced a special cash bonus to its plant production team members who continue to work to produce food during the COVID-19 outbreak. PepsiCo, Inc. announced it will provide enhanced benefits to all US-based employees and additional compensation to US frontline employees amidst the novel coronavirus (COVID-19) pandemic.