About the author: Janet Forgrieve | SmartBlogs
Food and beverage makers face a slew of competition each time they roll out new products, and retailers have tough decisions to make when it comes to merchandising to maximize sales and profit margins.
While it may sometimes seem like retail shelves are packed with new food and beverage products, the reality is that brands have released fewer new products in recent years, according to a study from Catalina Personalized Digital Media.[…] Continue Reading »
US single women outnumbered married ones for the first time ever starting in 2009, and only 20% of Americans age 18-29 are married compared to about 60% in 1960, according to a recent New York magazine story. It’s a demographic trend that affects many aspects of life, from political attitudes to career paths to parenting choices to snacking styles.[…] Continue Reading »
New products, menu innovation and shifting food strategies at Target and Wal-Mart proved popular with SmartBrief readers this week, starting with plans for Hershey’s Krave Pure Foods unit to roll out meat snack bars this summer in flavors including black cherry barbecue and basil citrus.
On the restaurant front, Dunkin’ Donuts is experimenting with waffle breakfast sandwiches, cold-brew coffee and other premium menu items in a push to compete with McDonald’s all-day breakfast offerings.[…] Continue Reading »