Top Grocery Retailer and Food Supply Chain News Dec 1-15
By iFoodDS Team
December 15, 2022
Here is our bi-weekly roundup of the latest grocery retail and food industry news. In the weeks of December 1 – 15, top food trends and retail innovations for 2023 were uncovered, produce sales were normal despite inflation and consumers cutting back in their shopping spend, and sustainability remained top of mind across the industry.
Top Five Food Trends for 2023
The Fresh Market released the top 5 food trends to watch out for in 2023. The list includes plant-based eating and natural and functional foods.
Produce Sales in November Back to Normal
According to the November IRI survey, Thanksgiving produce sales are back to normal compared with the last 2 years. Produce sales peaked the weekend prior to Thanksgiving despite 1 in 5 Americans being worried about being able to afford a celebration because of inflation.
Top 10 Retail Innovations for 2023
Progressive Grocer released its top 10 retail innovations retailers should watch out for in 2023. Private labels, sustainability, and conscious consumerism are some of the trends that made the list.
Consumers Keep Cutting Back in Grocery Spend
A survey conducted by Ingredient Communications revealed that 50% of consumers have bought products (food or beverages) less often in the past three months and about 62% of participants have switched to cheaper brands.
Retailers Discuss Ideas to Increase Produce Consumption
In a session during the New York Produce Show, retailers from Wakefern, H-E-B and Sprouts discussed new initiatives from grocery retailers to increase the consumption of fruits and vegetables. Ideas include food waste reduction and working with suppliers.
How Grocery Retailers Can Approach Sustainability
As sustainability becomes more important for consumers, grocers need to evaluate their sustainability efforts to align with customer needs. Progressive Grocer identified some aspects grocers can consider when evaluating their sustainability efforts and goals.
How to Maximize Private Labels
Product quality and convenience are some of the factors shoppers consider when purchasing private labels, according to IRI’s new report. Retailers can take advantage of these consumer habits to increase private label sales.
Del Monte Launches Zero Pineapple
Fresh Del Monte announced the launch of its first carbon neutral certified pineapple. The product will be available in early 2023.
