Organic foods are typically more expensive than non-organic options but that hasn't stopped more Americans from buying. According to the Organic Trade Association, organic food sales in the United States have grown consistently over the past decade, with total sales reaching $51.5 billion in 2019, an increase of 5.9% from the previous [...]
The lines between food retail and foodservice continue to blur as retailers and foodservice providers are adopting similar strategies and product offerings. This blurring of lines is known as the "Retail-ization of Foodservice" or "Foodservice-ization of Retail" Food retail: Food retail refers to the sale of food products through retail channels such [...]
Some supermarket retailers rely on private label brands for up to 20% of their revenue. There are many private label food manufacturers that supply products to supermarkets and other retailers. Some of the top private label food manufacturers include: TreeHouse Foods: A US based food manufacturer that specializes in private label products, [...]
The Food Foundation (TFF) is an independent charity focused on challenges in the UK food system. They maintain an online food price tracker that tracks changes in food price indices using CPI data from the UK's Office for National Statistics and they chart data from the Food and Agriculture Organization (FAO) of [...]
Some basic facts about Supermarkets: The supermarket industry employs 4.8 Million people Average size of a traditional supermarket is 51,507 square feet Average weekly sales per supermarket equals $638,756 30% of transactions are made using self-checkout systems This data comes from FMI - The Food Industry Association (formerly Food Marketing Institute) which [...]
In the U.S. food is sold in a variety of ways. Consumers spend their food dollar at mega-companies like Walmart and Amazon to small restaurants and farmer markets. Generally speaking, most food in the U.S. is sold through one of two channels: food retail or foodservice. According to the USDA's Economic Research [...]