Markets

Big Food and coronavirus: The response so far

Big Food and coronavirus: The response so far

By Mary Ellen Shoup

Over the past few weeks, big food manufacturers have leveraged the strength of their operations and logistics capabilities to combat the spread of COVID-19. Many are also supporting their employees with additional compensation, cash bonuses, waived health...

Convenience stores pivot in response to coronavirus crisis

Convenience stores pivot in response to coronavirus crisis

By Mary Ellen Shoup

Over half (52%) of convenience stores are reporting increased grocery sales as consumers seek out pantry items from more retail channels to address their coronavirus shopping needs, reports the National Association of Convenience Stores (NACS), which...

IFT 2020 Show to transition to virtual event in mid-July as coronavirus spreads

IFT 2020 annual meeting & expo to transition to virtual event

By Elaine Watson

The Institute of Food Technologists (IFT) 2020 annual meeting & expo - scheduled to take place in Chicago July 12-15 - will transition to a virtual event, the organizers confirmed Monday, citing the need to "prioritize the health and safety of...

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Curaleaf buoyed by increase in hemp oil demand during crisis

By Hank Schultz

Consumers seem to be turning to hemp and cannabis products during the current crisis, which has buoyed the near term outlook for Curaleaf, one of the largest companies in the sector, which posted strong revenue growth in its recent annual report.

Kerry: Umami and kokumi combination breaks new ground in savory flavors

Kerry: Umami and kokumi combination breaks new ground in savory flavors

By Mary Ellen Shoup

Umami, referred to as the ‘5th taste’ in the culinary world (in addition to sweet, sour, salty, and bitter), and kokumi, characterized as a ‘taste enhancer’ that heightens and lengthens flavors, could be the next winning savory flavor combination in packaged...

7-Eleven and other retailers step up protective measures at stores

NEWS IN BRIEF

7-Eleven and other retailers step up protective measures at stores

By Mary Ellen Shoup

7-Eleven has followed similar protective measures of other major retailers (i.e. Walmart, Sam’s Club, Kroger, and Meijer) and will begin installing plexiglass sneeze guards in its 9,000 US locations to protect customers and cashiers during the COVID-19...

Coronavirus: Pivoting in a pandemic… and is Big Food set for a comeback?

Pivoting in a pandemic… and is Big Food set for a comeback?

By Elaine Watson

Businesses across the country are adapting with lightning speed to adjust business plans, and in some cases, change their business model overnight, in order to adapt and survive as large swathes of the population go into lockdown.

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