Grocery Dive’s Post

Shoppers are seeking lower prices and healthier options, and Walmart is meeting the demand with its first major private-label expansion in 20 years. Their new grocery brand, bettergoods, features affordable, trend-forward items, including many tailored to various dietary needs, to make culinary experiences accessible to all. As the largest grocer by revenue, with nearly 60% of last year's U.S. sales from groceries, Walmart's introduction of bettergoods could drive earnings both in-store and online. Have you explored the bettergoods range yet?

NEW YORK (AP) — Target has revamped its grocery aisles since the COVID-19 pandemic with items ranging from Korean foods and mocktails to barbecue-flavored trail mix as the discount retailer caters to shoppers who want to experiment while sticking to a budget. Like many retailers, Target noticed that some habits its customers acquired during the height of the public health crisis, such as snacking and an interest in new flavors, have outlasted the pandemic. But the inflation that drove up food prices last year, though abating, still has shoppers looking for ways to stretch their dollars. Under Rick Gomez, Target’s chief food, essentials and beauty officer, the Minneapolis-based retailer plans to introduce up to 2,000 new food and beverage items this year. The number includes products in its store label brands - Good & Gather, Market Pantry and Favorite Day - and from national and emerging brands. I recently interviewed Gomez for a Q and A about inflation and inflation. Please check it out. The Associated Press My story.

📈 Inflation is impacting snack choices, especially snack bars, but the bigger picture is that consumers are replacing meals with snacks to save money. This shift is driving a turn towards healthful snacks with functional benefits. Snacks are no longer just between meals—they're becoming the meals! Follow Culinary Tides, Inc. for more insights. 🍎🍫 #FoodTrends #SnackingSolutions #InflationImpact #culinarytides Read the full article here: https://lnkd.in/e657tzUD

Understanding a trend's birth pattern allows you to predict longevity and trajectory. Follow Culinary Tides, Inc. for more insights. #culinarytides #foodtrends #snacking

🛒 Did you know grocery store layouts can impact what you buy? 🤔📊 From strategic placements to colorful sale signs, these setups are designed to grab your attention and influence purchases! 🌈💡 Experts recommend shoppers stick to a plan and focus on unit prices rather than just savings. 📝📉 Local tips, like getting to know your butcher or signing up for rewards, can help you save big! 🥩💰 Plus, many stores offer free nutrition advice to help you make balanced meals. 🍽️🥦 Read more: https://lnkd.in/gqR_cCaA #GroceryTips 🛒 #ShoppingSmart 🧠 #Budgeting 💰 #StoreLayout 💡 #HealthyEating 🍎 #ShopSavvy 📊 #ConsumerBehavior 🛍️ #NutritionAdvice 🥦 #LinkedInNews

Walmart is creating what they believe will be a new sweet spot for shoppers. As more shoppers switch stores to save money, Walmart (Like Aldi, Lidl, and Trader Joe's) is picking up new price-conscious shoppers. Their new private label brand, Better Goods, is designed to be a higher-priced specialty food line within Walmart. This is one to watch as Walmart is breaking its typical patterns by launching innovative, higher-priced private-label products that will help build loyalty with its shoppers. This approach worked well for Target with Good and Gather. It should be a money maker for Walmart as well. #foodandbeverage #Walmart #foodstrategy https://lnkd.in/eEck_Y3S

Irish Snack Attack! €12 Million Spent on Treats in Latest Month A new report by Kantar, highlighted in ESM Magazine, reveals: - €12 Million on Indulgence: Irish consumers spent a combined €12 million on savory snacks, chocolate, wine, and cider in the four weeks leading up to July 7th, 2024. - Summer of Sports: This surge in spending on treats is likely fueled by the excitement surrounding various sporting events, with people enjoying snacks and drinks while watching. - BBQ Sales Lag: However, the report also highlights a decline in sales of barbecue staples like chilled salads, burgers, and grills due to unseasonably cold weather. This has led to a €800,000 decrease compared to the same period last year. - Shifting Preferences: As a result, shoppers are turning to alternative comfort foods like soups and hot beverages, with sales in these categories increasing by €1.8 million year-on-year. - Online Grocery Gains Momentum: Online grocery sales continue to climb, with a 12.1% increase year-on-year. This growth is attributed to a combination of factors, including new shoppers joining the online platform and an increase in the average amount spent per online grocery trip. Kantar's data paints a picture of Irish consumers adapting their spending habits to the weather and upcoming events. https://ow.ly/UUCp50SHT1t #Ireland #Retail #ConsumerBehavior

Did you catch the latest consumer trends in response to inflation? The rise in grocery prices has driven a significant increase in shopping behaviors, with consumers now prioritizing budget-friendly choices for home-cooked meals. Adaptive grocers are seizing this opportunity by expanding their ready-made meal offerings, catering to the growing demand for affordable and convenient options. Stay ahead of the curve with insights from Explorer Research: https://lnkd.in/e2iNeicS #HGG #GroceryTrends

🚫 Consumers are fed up with rising food costs and bidding farewell to big brands. ☕🍪 Food giants like Starbucks and McDonald's are feeling the pinch as customers abandon loyalty programs and opt for cheaper alternatives. Fast-food prices surged by 33% since 2019, leading to a 3.5% decline in fast-food traffic and a 2% drop in grocery sales. 📉 To adapt, companies are shifting strategies—offering promotions, smaller pack sizes, and new deals to retain customers. 🔄 The rebellion from consumers signals a pivotal moment for the food industry, where value and affordability reign supreme. 🌟 You can check out The Wall Street Journal Article here: https://lnkd.in/g2caPBUc #FoodIndustry #ConsumerTrends #AdaptationNeeded

Any other Costco fans here? Here's a free resource you can use to improve your health. Imagine going to the store knowing exactly what to buy and how you are going to use it. Going to the store without a plan is like driving somewhere new without GPS. Maybe you’ll get where you want to go, but it will take longer than it should and you’ll get frustrated. Comment "Costco" below I'll send it to you. This guide will provide: ▫️balanced meal breakdown that outlines exactly how we teach clients to build meals ▫️dozens of approved options at Costco per category (proteins, veg, fat, starch, fruit, snacks) ▫️4 day example meal plan ▫️tons of no-cook options Yes, this guide is for Costco. BUT it will easily apply to any grocery store, so if you never go to Costco, you will still get tons of ideas from this guide. Simply substitute with options at your local store. Comment "Costco" below or message me your email address and I'll send it to you.