Though 55% of U.S. consumers claim that their household financial health is good, nearly half of all shoppers are still looking for deals in order to make ends meet, the latest IRI Consumer Connect survey shows.
The report revealed that when it comes to selecting which retailer to patronize, 95% of all shoppers prioritized low price points, and 82% said a store’s selection of private labels was important. (Read More)
“Best if Used By” is a type of date you might find on a meat, poultry, or egg product label. Are dates required on these food products? Does it mean the product will be unsafe to use after that date? Here is some background information answering these and other questions about product dating. (Read More)
The Food and Drug Administration plans to extend the compliance dates for the new Nutrition Facts Panel final rules. Those manufacturers with more than $10 million in annual food sales were expected to comply by July 26, 2018. In a notice posted on the agency’s web site, the F.D.A. said it intends to provide additional time for implementation. (Read More)
In an over-stored industry that’s seeing discounters, specialty retailers and other alternative formats muscle in, traditional grocers are on the chopping block. Long the dominant players in grocery, these large, one-stop shops are having a hard time adjusting to consumers’ fresh-first, channel-hopping habits and renewed focus on price. (Read More)