Tiffany Plemmons

📰 Snack Trends Alert! 📰 Dive into the latest article "Sizing Up Snacks" from CStore Decisions to uncover the hottest trends shaping the snack industry today. 🍿🍫 From healthy options to indulgent treats, this comprehensive guide breaks down what consumers are craving. With snacking habits evolving rapidly, staying ahead of these trends is crucial for c-store success.📈🍪 Read full article here --->: https://bit.ly/3S5Sww8

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When it comes to functional beverages, the energy and weight management segments are leading the pack, according to NielsenIQ's Jordan Moore, who spoke at ECRM's Center Store Sessions recently and was interviewed by Joseph Tarnowski on some key takeaways from her presentation. Overall, the functional beverage segment (which NIQ considers any beverage that makes a wellness claim) is growing 2 percent faster that RTDs. Energy beverages, which are already a $22 billion category, have seen 10 percent growth vs. a year ago, and weight management beverages, which include those beverages aimed at helping consumers gain muscle as well as speeding up their metabolism and losing weight, are up a whopping 22 percent. Interestingly, protein is making its way into an increasingly diverse array of beverages outside of traditional protein shakes, including coffee (like the new Instant Coffee with Protein by Fire Department Coffee, and the new Genepro Tea). Some functional beverage categories are declining, however. Those under the preventative segment, which focus on brain health, probiotics and immunity is down 8 percent and diabetes related beverages are down 6 percent. Not all is lost though, if you are in one of these segments. While the overall segment may be down, your specific category may be on the rise. A case-in-point is kombucha. While it falls under the preventative segment, the category itself is up 5 percent. Watch the full video below! #beverages #cpg #wellness #retail #ecrmrangeme Luke Schneider Jason Patton Jon Bryan Stacey Helbig Brian Parks Brian Haymaker

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News: 📉 Boston Beer Co. sees a 6.4% drop in shipments for Q2.  The continued growth of Twisted Tea helped offset the decline in Boston’s beer portfolio. Twisted Tea now accounts for 57% of The Boston Beer Company total volumes in the latest Nielsen data. Click to get the full story ➡️ https://zurl.co/VbMv #CraftBeer #BeverageIndustry #BostonBeer #FinancialReport #BeerNews #CraftBrewery #BusinessUpdate #IndustryInsights #BrewingBusiness #MarketTrends

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The demand for perishable foods is on the rise as consumers seek fresher, healthier options. With a growing focus on local sourcing and sustainability, the market for fresh produce, dairy, and meats continues to expand, driving innovation in storage and supply chain solutions.

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🎉 Exciting developments in the world of hard beverages! 🍻 Retailers like ALDI USA are capitalizing on the growing demand for hard beverages with innovative product launches. The hard beverage scene is evolving fast. Check out how brands like Soula Cocktails and Soke Cocktails take charge with new offerings and flavors that cater to diverse consumer tastes. #RetailTrends #BeverageIndustry #Innovation #ConsumerInsights https://lnkd.in/g4chy5z5

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Industry News: PepsiCo in Talks to Acquire Siete Foods for Over $1 Billion PepsiCo is reportedly in advanced discussions to acquire Siete Foods, the Texas-based tortilla chip maker, for over $1 billion. This potential acquisition highlights PepsiCo's strategy to expand its portfolio in the rapidly growing snack market, particularly in the healthier and gluten-free segment. Siete Foods, owned and operated by the Garza family, has gained significant traction in the snack industry. Its products align well with current consumer trends toward healthier, more authentic snack options. The company has experienced substantial growth, with reported revenue increases of 35% year over year, reflecting the rising demand for gluten-free and plant-based snacks. The sale process for Siete Foods has attracted interest from various private equity firms and food companies, making it a competitive market. This acquisition could bolster PepsiCo's position in the snack aisle, complementing its existing brands like Lay’s and Quaker Oats. #PepsiCo #SieteFoods #FMCG #SnackMarket #HealthySnacking #Acquisition #PlantBased #GlutenFree #FoodIndustry #BusinessGrowth #MarketTrends

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🚨FOOD INDUSTRY NEWS🚨 PepsiCo has reported quarterly earnings and revenue that beat analysts’ expectations, despite weaker U.S. demand caused by Quaker Oats recalls and backlash to higher prices for its drinks and snacks. Shares of the company fell more than 2% in morning trading. Earnings per share: $1.61 adjusted vs. $1.52 expected. Revenue: $18.25 billion vs. $18.07 billion expected. 🥤 #pepsico #earnings #inflation #foodindustry #newsletter

Good article for grocery retailers (and brands) on the importance of key perimeter categories in terms of differentiating vs. competition and maintaining shopper loyalty (during a time when trip missions are evolving and shoppers are gravitating to discount grocers).

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A hauntingly good business model: How Spirit Halloween stores utilize empty retail spaces to churn up more than a billion dollars in sales.    The management department’s Zachary Rogers spoke with CSU’s The Audit about the popular Halloween store, its effects on the supply chain and whether Spirit’s upcoming Christmas store will be a hit.     “The reason the model works is because it’s incredibly targeted. You have some companies that try to do too many things, be all things to all people. Spirit is not that,” Rogers said. “Spirit is not Cheesecake Factory, where you walk in, and they give you an encyclopedia. They’re In-N-Out. They have three things. You know what they are. They’re going to be good. If you don’t want it, don’t go there. That’s the Spirit Halloween ethos.”    Listen to the podcast: https://lnkd.in/gdMhrPSf    #BusinessForABetterWorld

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A big week for CPG: In case you somehow missed it, PepsiCo, Inc. announced this morning it has entered into a definitive agreement to acquire Siete Family Foods Foods for $1.2 billion. The transaction is expected to close in the first half of 2025. Palm Tree Crew Investments is taking a deeper stake in the beverage business with a new investment into functional Cove Soda. Terms of the deal were not disclosed. Lucky Beverage Co. has closed an oversubscribed Series A round netting $11.75 million to bring the beverage brand’s total investment to $26.5 million. Stoked Oats announced it is moving beyond the breakfast aisle for the first time with the launch of a new innovation today: Stoked OatRice, an alternative rice product made from unprocessed oats grown in Regenerative Organic Certified (ROC) fields in Alberta, Saskatchewan and Montana. Once Again Nut Butter Collective announced today it has acquired California-based, organic almond manufacturer Big Tree Organic Farms as it seeks to increase efficiencies and reduce its environmental impact for its West Coast industrial customers. Mezcla is unveiling new branding as it enters its next phase of growth following a recent funding round that brings its total backing to more than $8 million. Additionally, the plant-based bars, which feature a puff-crispy texture, are rolling out to more retail shelves by year-end. Big Picture Foods has been acquired by the Atalanta Corp. for an undisclosed sum. The Regenerative Organic Certified (ROC) food brand sells a line of naturally fermented organic olives, peppers and capers sourced directly from small farmers across the Mediterranean region. Founded in 2021 by husband-and-wife duo Chris and Daniela Jensen, Big Picture sells its products in about 1,000 doors nationwide. Weak market conditions, particularly in the quick-service restaurant category, have led Lamb Weston to restructure. As part of its plan, the company will close a processing facility, curtail manufacturing in North America and reduce its global workforce.

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Fresh Foods are still anchored in "stack 'em high, watch 'em fly" strategies- and yet we know sales growth is being outpaced by center-store items and retailers' continuing to do traditional commodity tactics are losing market share to more niche and relevant competitors. This article from WSJ shows the broader business world- as well as a many shoppers- want fresh foods marketed better. While I know we have better evidence of branded and marketing successes in Circana data, the point is there. We can't keep getting outmarket-ed when fresh foods are in demand! https://lnkd.in/gY-fyPQu #freshfoods #produce #bigdata #marketing

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📊 New data shows CPG volumes rising for the first time in 3 years as consumers adapt to high food prices. A few key shifts: • Value channels & ecommerce driving 35% of food & beverage growth • Private label outpacing national brands • "Just-in-time" shopping becoming the norm (8.7% more store trips, 11% fewer items per trip)  Get the full intel on what's driving 2024's evolving retail landscape in this FoodNavigator report ⬇️ https://lnkd.in/gqKweicd #RetailTrends #CPG #ConsumerBehavior #Retail2024

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Price sensitivity in foodservice isn't going away. Brands need to give commercial and non-commercial buyers a reason to look past the lowest bidder. Here are 4 key strengths to lean into when positioning a premium foodservice product against commodity offerings. https://lnkd.in/gthUH3Jd

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Lot of info 2024 here. Check out the dropdowns at the bottom of each chart. Online made some gains in 2024 after a flat 3 yrs. #grocery #cpg #shopper https://lnkd.in/gD5Baky5

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Are you constantly grappling with the challenge of making your products stand out in the crowded #snack aisle? 🔍 We've just released an in-depth analysis of the snack category on #Walmart, and the insights are gold! Read our detailed report here: https://lnkd.in/gsZs4nfe #digitalshelfdata #digitalshelfoptimization

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