- According to a recent study by The Food Industry Association, “food retailers are focusing on investments in new technologies (73%) like foodservice ordering and delivery, dynamic pricing, and mobile checkout systems. They are also increasing labor allocation for online purchase fulfillment (52%) and in-store/curbside pick-up (48%)”. Since the pandemic, we have seen a massive trend in consumers looking for healthier, convenient options. Many food retailers have taken this trend into account and are “making great strides to create both online and in-person shopping destinations that cater to shoppers’ evolving tastes”, says Leslie Sarasin, president and CEO of FMI.
Source: businesswire. Read the full press release here.
- If your restaurant doesn’t have vegan menu offerings, you should highly consider. And, here’s why: according to a recent study by Datassential, 28% of consumers prefer plant-based proteins over animal-based proteins. Furthermore, a Nielsen study found that 39% of consumers are actively trying to eat more plants in general.
Source: QSR Magazine. Read the full article here.
- Since late August, most of the capital goods that are monitored by the Chinese government are higher priced compared to mid-August of this year. Of the 50 goods monitored (which includes seamless steel tubes, gasoline, and coal to name a few), according to the National Bureau of Statistics, 25 of these goods saw their price increase.
Source: Hellenic Shipping News. Read the full article here.