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Kroger's Freshgiving Prices are Lower than Everyday Low
The Kroger Co. today shared its zero-compromise Freshgiving meal offering customers a holiday basket that includes all the staples for less than $4.85 per person—even more affordable than the retailer's turkey day bundle last year. Complete with pumpkin pie, turkey at the center of the plate and plenty of fresh sides, this feast is sure to please.
This season, Kroger is once again offering customers an affordable meal with zero-compromise on value, convenience or quality.
"As families gather together to give thanks...
Shoppers Believe Government Policies and Actions Most Responsible for Higher Prices in Supermarkets
The Feedback Group, a leader in providing actionable stakeholder feedback, today released new findings from national research conducted with 1,150 consumers about their experience shopping in supermarkets for food and groceries.
Government Policies and Actions Top List of Factors Responsible for Higher Prices at SupermarketsSupermarket shoppers rated a variety of entities and factors, on a five-point scale where five is "highly responsible" and one "not at all responsible", as to their degree of responsibility for higher prices in supermarkets. Viewed as most responsible, government policies and actions received the highest mean score (3.86). Product manufacturers and suppliers scored second most responsible (3.75), followed more distantly by wars and worldwide political conflicts (3.42), supermarket retailers (3.40), and labor supply shor
Mintec's 2024 US Easter Index
Mintec’s US Easter Index measures price fluctuations across key food commodities that are typically consumed in the US during the Easter period. The US Easter Index compares the commodities’ prices in March 2024 against March 2023 to determine whether consumers will be hypothetically better or worse off this Easter. The Index is comprised of three sub-indices: the US Easter Protein Index represents a selection of meats, fish and eggs that will typically be eaten as part of a main Easter dinner; the US Easter Chocolate Index compares the main...
Biofuel and Ag Groups Call on EPA to Issue E15 Emergency Waiver
Today, Growth Energy, Renewable Fuels Association, National Corn Growers Association, American Farm Bureau Federation, National Farmers Union, and National Sorghum Producers sent a letter to the Environmental Protection Agency (EPA) calling on Administrator Michael Regan to act swiftly on an emergency waiver for E15 sales:
“New and ongoing conflicts across the globe continue to pose risks to the United States’ transportation energy supply. In addition to the conflict in Ukraine, now extending into its third year, the recent unrest and volatility in the Middle East present additional challenges...
Flashfood and The Save Mart Companies Partner to Make Groceries More Affordable on the West Coast
Flashfood, the app for grocery’s best deals, today announced a partnership with The Save Mart Companies, a California-based grocer operating 194 stores under the banners of Save Mart, Lucky, and FoodMaxx in California and Western Nevada. Flashfood’s free app connects shoppers with fresh produce, meat and other high-quality groceries at up to 50% off, diverting food waste from landfills and offering great deals on groceries at the same time.
The Flashfood app is now available at 44 Lucky stores in the greater...
Biden Calls on Snack Companies to Stop 'Shrinkflation" Rip-Offs
U.S. President Joe Biden on Sunday called on snack companies to stop shrinkflation, which is when businesses cut product sizes but keep prices the same, describing the practice as "a rip-off."
"Some companies are trying to pull a fast one by shrinking the products little by little and hoping you won't notice," Biden said in a video posted on X, formerly known as Twitter, ahead of Super Bowl LVIII.
"Give me a break. The American public is tired of being played for...
Mintec Releases "Christmas Dinner Index 2023" Report
Mintec's Christmas Dinner Index, which measures price fluctuations across key food commodities that make up a traditional Christmas dinner (main meal and dessert), increased by 2.7% year-on-year (y-o-y) in November 2023.
Mintec enables the world's largest food and manufacturing brands to implement more efficient and sustainable procurement strategies. We do this through our cutting-edge SaaS platform, Mintec Analytics, which delivers market prices and analysis for thousands of commodities, food ingredients and associated materials. Our data and tools empower our customers to understand prices better, analyze their spend...
Holiday Food Prices Projected Up 7% from Last Year, 18% from Two Years Ago
National supermarket data confirms slower food price inflation with consumers seeing smaller price increases when shopping for 2023 Christmas meals. According to a data analysis and forecast prepared by Category Partners, the price of purchasing Christmas dinner at a supermarket will be approximately 7% higher than in 2022. The forecast was derived using supermarket sales data provided by NielsenIQ collected from more than 35,000 food stores in the United States.
The data analysis shows that a basic Christmas dinner in 2023 purchased from a supermarket...
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