At the end of August, grocery price inflation hit a 43-year high, with U.S. retail food price inflation up 13.5 percent year over year. Consumers are feeling the pinch, while manufacturers and retailers struggle to keep supply chains moving. Thankfully, a good retail food broker can help manufacturer clients and retail partners navigate these pricing increases. Everything from extreme weather …
How Grocery Store Delis Can Compete with Customers’ Return to Restaurants
The COVID-19 pandemic initially diverted consumers away from restaurants and toward grocery stores. As a result, fresh prepared meals offered in grocers’ delis comprised one category that saw significant sales growth. In fact, industry reportsshow sales of those products increased by nearly 17% percent from September 2020 to September 2021. But now, restaurants in most states have fully re-opened and …