Food

The distinction between eating away from home (restaurants) and eating at home (groceries) is blurring as consumers use connected devices and apps integrated with payments, to move seamlessly between buying restaurant food to eat at home and groceries and prepared food at the grocery store or convenience stores to cook at home.

Hershey: Price Increases Won’t Keep Up With Historically High Cocoa Costs
Hershey: Price Increases Won’t Keep Up With Historically High Cocoa Costs
February 06, 2025  |  Earnings

Hershey expects the surge in cocoa prices to continue to outpace the company’s price increases on its chocolate products. Get the Full Story Complete the form...

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Pepsi Sees ‘Blue Ocean Of Opportunity’ in Away-From-Home Foods
Pepsi Sees ‘Blue Ocean Of Opportunity’ in Away-From-Home Foods
February 04, 2025  |  Earnings

With snack food demand slipping, PepsiCo is looking to opportunities outside consumers’ homes. Get the Full Story Complete the form to unlock this article and...

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Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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Food Giant Mondelez Reportedly Exploring Hershey Acquisition
Food Giant Mondelez Reportedly Exploring Hershey Acquisition
December 09, 2024  |  Acquisitions

Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey. Get the Full Story Complete the form to unlock this...

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Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024  |  Economy

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...

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Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
May 01, 2024  |  Earnings

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Biden Calls Out Snack Food Makers Over Shrinkflation ‘Rip-Off’
Biden Calls Out Snack Food Makers Over Shrinkflation ‘Rip-Off’
February 11, 2024  |  Retail

President Joe Biden wants snack food companies to end the practice of shrinkflation. Get the Full Story Complete the form to unlock this article and...

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Walmart Shares Hit All-Time High as Groceries Draw Shoppers
Walmart Shares Hit All-Time High as Groceries Draw Shoppers
November 03, 2023  |  Walmart

Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. Get the Full...

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Pret to Expand Coffee Subscription Service to US and France
Pret to Expand Coffee Subscription Service to US and France
August 24, 2023  |  Subscription Commerce

British sandwich and coffee chain Pret A Manger is set to expand its monthly coffee subscription service to the United States and France, according to a...

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