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Recent Articles

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Tesco partners with Ella's Kitchen to boost kids' vegetable intake; only 18% of children currently meet daily fruit and vegetable recommendations

Groupe Auchan SA Introduces On-Demand Paellas in Marbella and Supports Walking Football in Portugal; donates 5,000€ and provides food and volunteers for senior sport initiative

JPMorgan: Users of GLP-1 drugs like Wegovy have purchased 8% less food, including snacks and high-carb products, over last year; food intake in North America could drop 3% by 2030, with more significant impact on packaged foods and less impact on grocers

Truist: Recent weakness in fast food chains mainly due to price hikes backfiring; higher prices have narrowed their value advantage, pushing consumers to either trade up to fast-casual options or down to grocery stores where price hikes have been smaller

Statistics Canada finds retail sales dropped 0.8% in May, driven by decreases at grocers and alcoholic beverage retailers; economist at Capital Economics says higher interest rates are weighing on consumers' finances and appetite for big-ticket purchases

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