Weekly Roundup – Week of 9.9.24
September 13, 2024
Explore this week’s most talked about food and beverage news – all curated by our team of strategists and food enthusiasts:
Featured Podcast: Foodservice or Food At Home?
The latest episode of The Food Institute Podcast dives into the shifting dynamics of consumer food choices with Circana Senior Vice President David Portalatin. As restaurants face lackluster second-quarter results, the question arises: are consumers leaning more toward home-cooked meals, or do restaurants still play a key role in their dining habits? Portalatin explores the growing trend of home-centricity, dissecting what this means for the foodservice industry and the evolving profile of today’s restaurant customer. Listen now to find out how consumer preferences are shaping the future of dining both at home and out.
Leading Chains Implement Back-of-House Technology
To keep up with rising labor costs and the growing demand for quick service, restaurants are investing in back-of-house technology to enhance efficiency and support their teams. Leading chains are implementing digital solutions like voice AI at drive-thrus to engage customers and reassign staff to more essential duties. Automated makelines are improving order accuracy, while AI-driven platforms are streamlining kitchen, supply chain, and delivery operations, ultimately creating a smoother workflow and better guest experience. Read More
Considering A Packaging Change? Think About Glass
Packaging plays a critical role in attracting consumers and driving sales, with more than half of shoppers considering packaging quality just as important as product quality, according to a study by O-I Glass. Glass packaging stands out in stores, as it is often perceived as higher quality, and consumers believe it conveys better taste and freshness. It also engages shoppers by allowing them to see the product inside, leading to a stronger emotional connection and higher likelihood of purchase. For more insights, Read Article
Amazon’s Strategy To Streamline Grocery Shopping
Amazon is taking steps to simplify grocery shopping with new perks for Prime members, including exclusive in-store and online discounts at Amazon Fresh. The company has also launched a new private-label brand, Amazon Saver, offering value to all customers, and improved its online platform to make grocery shopping more convenient. “Our goal is to make grocery shopping faster, easier, and more affordable,” said Claire Peters, worldwide VP of Amazon Fresh. “With expanded Prime savings, the Amazon Saver brand, and a more user-friendly online experience, we’re helping customers shop on a budget—whether in-store or online.” Learn More
Other Trending News…
Two iconic food brands are making strategic moves to adapt to changing consumer preferences and streamline operations. McDonald’s is testing a new restaurant format in the U.S. that features digital ordering stations capable of taking cash and providing change, reducing the need for cashiers and allowing staff to focus on tasks like table service and curbside pickup. Meanwhile, Campbell Soup Company is dropping “Soup” from its name to reflect its broader product portfolio, rebranding as The Campbell’s Company. As snacking trends continue to rise, with 90% of Americans snacking daily, this change highlights Campbell’s shift towards meeting the evolving needs of modern consumers.
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