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Restaurant-Quality Meals from C-Stores Are Here

The Food Institute sent this email to their subscribers on May 15, 2024.

The Food Institute FI Retail 360

May 15, 2024

Featured Focus

Dinner from C-Stores is Closer Than You Know

Recent data from Placer.ai reinforces just how far C-stores have come in taking market share away from retailers and grocers.

Read Here

SKU News

Pringles has debuted its first bagged snack in 15+ years with new Pringles Mingles, a puffed variety of its famous chip. Pringles Mingles are crispy on the outside, light and airy on the inside, and come in three flavors: Cheddar & Sour Cream, Sharp White Cheddar & Ranch, and Dill Pickle & Ranch. Full Story

FI Video: Southeast Asian-inspired Snacks

 s Eat Good, Feel :':f = Good, Do Good witl Iron Chef Ming'\'sai EXPLORE THE INSPIRATION; MISSION AND FLAVOR OF MING’S BINGS

Renowned Iron Chef Ming Tsai created a line of "better for you" frozen bings that bring chef-crafted flavor to the home kitchen. Discover the innovative twist on traditional dim sum and learn how Ming's Bings is revolutionizing the frozen food aisle with its flavorful, gluten-free offerings. Don't miss out on this crunchy, savory journey through Ming's Bings – a modern take on convenience with a commitment to quality and taste! 

Watch Here

Video: New FI News in Review

In our most recent FI News Review, FI Reporter Brittany Borer sat down with FI Business Writer Grace Garwood to discuss the current state of third-party delivery services. Discover the key drivers behind the rapid expansion of major companies like Uber Eats, DoorDash, and Instacart. Learn why investor confidence remains steadfast in these services and how third-party delivery stays relevant in the dynamic, post-pandemic market.

Watch Now

Trending Retail News

Kraft Heinz is reportedly exploring a sale of Oscar Mayer for $3 to $5 billion. Under new CEO Carlos Abrams-Rivera, Kraft Heinz hopes to rejigger its portfolio as consumer interest in health and nutrition grows to help ignite a stock that's done little in five years. The company is currently worth $44 billion, reported The Wall Street Journal. Full Story

Research shows Americans now seek snacks "day and night." According to retail insights company 84.51°, 27% of shoppers said they're snacking many times per day, up 15% from 2023. America's favorite snack? Cheese. Full Story

Walmart is reportedly cutting hundreds of corporate jobs and asking most remote workers to move to offices. As part of an ongoing plan to shrink its workforce; Walmart expects about 65% of its stores to be serviced by automation at the end of FY 2026, reported CNBCFull Story

"Heatflation" is threatening olive oil production. Olive oil production is threatened by a perfect storm of climate change, high interest rates, and inflation that has sent prices soaring. Full Story

Seventy-eight percent of Americans feel higher menu prices make dining out more challenging. Continued inflation has left consumers seeking discounts and loyalty programs to manage costs associated with dining out. Full Report

Does music matter in retail? Soothing and easy beats in the morning and faster, urgent beats during busy times can help fuel sales and foster swifter foot traffic. Full Story

New FI Spotlight: Steven Vigilante

 SPOTLIGHT ?fi\w How Olipop Stays = = On Top in the - Beverage Sector A Featuring Steven Vigilante, Director of Growth and Partnerships, Olipop

Since its launch in 2018, soft drink producer Olipop has experienced great success, making more than $200 million in gross sales. In this new FI Spotlight, Olipop's Director of Growth and Partnerships Steven Vigilante discusses the company's strategy, from targeting specific consumers to an "anti-marketing" approach to marketing.

Watch Here

The Checkout

Top 10 Dollar Sales Growth by Department % CHANGE VS YEAR AGO GENERAL FOOD BEVERAGES MEAT 13.3% 13.5% T1.1% FROZEN DELI BAKERY 10.0% 12.5% 13.3% & T o Source: Circana, a Chicago-based market research firm (@WeAreCircana), 52 Weeks ending 5-5-24. Total US Muiti-Outlet. REFRIGERATED L1.5% LIQUOR 1 0.1% PRODUCE 12.6% SEAFOOD 14.9% 711.9% The Food Institute FOODINSTITUTE.COM

Member Profile

& Tibersoft"

Tibersoft


Tibersoft’s industry-leading foodservice optimization performance (FPO) software solutions deliver actionable insights for growth. Tibersoft provides transaction-verified, location-level visibility into foodservice data, allowing manufacturers to make strategic decisions that drive sales and improve profitability.


To learn more about this Food Institute Member, please reach out to Dean Rallo, Director of Client Solutions, at [email protected], or visit www.tibersoft.com.

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Not a Member? Please consider a membership with the most comprehensive food industry news and research organization. Join here. News tips or suggestions? Email [email protected].

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Text-only version of this email

FI Retail 360 The Food Institute FI Retail 360 May 15, 2024 Featured Focus Dinner from C-Stores is Closer Than You Know Recent data from Placer.ai reinforces just how far C-stores have come in taking market share away from retailers and grocers. Read Here SKU News Pringles has debuted its first bagged snack in 15+ years with new Pringles Mingles, a puffed variety of its famous chip. Pringles Mingles are crispy on the outside, light and airy on the inside, and come in three flavors: Cheddar & Sour Cream, Sharp White Cheddar & Ranch, and Dill Pickle & Ranch. Full Story FI Video: Southeast Asian-inspired Snacks s Eat Good, Feel :':f = Good, Do Good witl Iron Chef Ming'\'sai EXPLORE THE INSPIRATION; MISSION AND FLAVOR OF MING’S BINGS Renowned Iron Chef Ming Tsai created a line of "better for you" frozen bings that bring chef-crafted flavor to the home kitchen. Discover the innovative twist on traditional dim sum and learn how Ming's Bings is revolutionizing the frozen food aisle with its flavorful, gluten-free offerings. Don't miss out on this crunchy, savory journey through Ming's Bings – a modern take on convenience with a commitment to quality and taste!  Watch Here Video: New FI News in Review In our most recent FI News Review, FI Reporter Brittany Borer sat down with FI Business Writer Grace Garwood to discuss the current state of third-party delivery services. Discover the key drivers behind the rapid expansion of major companies like Uber Eats, DoorDash, and Instacart. Learn why investor confidence remains steadfast in these services and how third-party delivery stays relevant in the dynamic, post-pandemic market. Watch Now TRENDING RETAIL NEWS Kraft Heinz is reportedly exploring a sale of Oscar Mayer for $3 to $5 billion. Under new CEO Carlos Abrams-Rivera, Kraft Heinz hopes to rejigger its portfolio as consumer interest in health and nutrition grows to help ignite a stock that's done little in five years. The company is currently worth $44 billion, reported The Wall Street Journal. Full Story Research shows Americans now seek snacks "day and night." According to retail insights company 84.51°, 27% of shoppers said they're snacking many times per day, up 15% from 2023. America's favorite snack? Cheese. Full Story Walmart is reportedly cutting hundreds of corporate jobs and asking most remote workers to move to offices. As part of an ongoing plan to shrink its workforce; Walmart expects about 65% of its stores to be serviced by automation at the end of FY 2026, reported CNBC. Full Story "Heatflation" is threatening olive oil production. Olive oil production is threatened by a perfect storm of climate change, high interest rates, and inflation that has sent prices soaring. Full Story Seventy-eight percent of Americans feel higher menu prices make dining out more challenging. Continued inflation has left consumers seeking discounts and loyalty programs to manage costs associated with dining out. Full Report Does music matter in retail? Soothing and easy beats in the morning and faster, urgent beats during busy times can help fuel sales and foster swifter foot traffic. Full Story New FI Spotlight: Steven Vigilante SPOTLIGHT ?fi\w How Olipop Stays = = On Top in the - Beverage Sector A Featuring Steven Vigilante, Director of Growth and Partnerships, Olipop Since its launch in 2018, soft drink producer Olipop has experienced great success, making more than $200 million in gross sales. In this new FI Spotlight, Olipop's Director of Growth and Partnerships Steven Vigilante discusses the company's strategy, from targeting specific consumers to an "anti-marketing" approach to marketing. Watch Here The Checkout Top 10 Dollar Sales Growth by Department % CHANGE VS YEAR AGO GENERAL FOOD BEVERAGES MEAT 13.3% 13.5% T1.1% FROZEN DELI BAKERY 10.0% 12.5% 13.3% & T o Source: Circana, a Chicago-based market research firm (@WeAreCircana), 52 Weeks ending 5-5-24. Total US Muiti-Outlet. REFRIGERATED L1.5% LIQUOR 1 0.1% PRODUCE 12.6% SEAFOOD 14.9% 711.9% The Food Institute FOODINSTITUTE.COM Member Profile & Tibersoft" Tibersoft Tibersoft’s industry-leading foodservice optimization performance (FPO) software solutions deliver actionable insights for growth. Tibersoft provides transaction-verified, location-level visibility into foodservice data, allowing manufacturers to make strategic decisions that drive sales and improve profitability. To learn more about this Food Institute Member, please reach out to Dean Rallo, Director of Client Solutions, at [email protected], or visit www.tibersoft.com. Learn More Not a Member? Please consider a membership with the most comprehensive food industry news and research organization. Join here. News tips or suggestions? Email [email protected]. LinkedIn  YouTube  Twitter  Facebook  Instagram The Food Institute | 330 Changebridge Road, Suite 101, Pine Brook, NJ 07058 Constant Contact Data Notice Sent by [email protected]
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