Wade Yenny

Chipotle Mexican Grill brought back smoked brisket for a limited time this fall, a multi-year effort that included sourcing 22 million pounds of beef and locking in supplier agreements multiple years in advance. Learn more 👇 #supplychain #supplier #procurement #sourcing #brisket

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This is interesting US BEER IRI grocery sell thru data from last 26wks Sept 2024 comparing alcoholic beer sell thru vs non-alcoholic beer sell thru where non-alc beer has ~73% slower velocity vs alc beer. Strange that non-alc beer the top 10-50% of beers is only 0.3 units slower vs the top 10% segment(this differs a lot from alc beer which has a 6.8 unit difference). I'm curious if this can mean that there isn't really one dominant non-alc beer SKU on shelf, but the consumer is being promiscuous in buying a few different non alcs brands and/or variety of SKUs when they fill their cart. Anyone else have any ideas on this? NOTE units could be anything from a 24ct case, 12pk, 6pk, 4pk, or even a single unit so need to make some assumptions where for non-alc beer the typical retail format is a 6pk or 12pk so the top 10% sales velocity is 3.3 units/week could equate to 20-40 cans/bottles per week. Either way some interesting data to benchmark your sales off prem.

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 🌱 Plant-Based Surge Continues! 🌱 A new report from the Plant Based Foods Association (PBFA) and the retail merchant Kroger highlights a significant trend that we all support: plant-based food sales are on the rise for the fourth consecutive year! The report insights show plant-based alternatives making their way into more baskets, with shoppers seeking nutritious, eco-friendly choices that fit their budgets. As the demand for these products increases, brands and retailers have an incredible opportunity to innovate and meet evolving consumer needs. Fava ingredients can make a real impact in plant-based products foods that consumers want for great taste and texture! What do you think is driving this shift? Are we looking at a long-term change in eating habits? #PlantBased #SustainableFood #FoodIndustry #ConsumerTrends #Innovation #HealthyLiving #SustainableFood #FoodIndustry #ConsumerTrends #Innovation #HealthyLiving #FavaBeans #FavaFlour #FormulatewithFava

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From #NextGenBaker 📈​ During the American Bakers Association’s NextGenBaker Leadership Forum, held September 30 – October 1 in Washington, DC, Anne-Marie Roerink, president of 210 Analytics, LLC, shared three ways brands can grow sales during her presentation, “Bakery Playbook: A Deep Dive into Consumer Trends.”​ Read more ➡️ https://bit.ly/3UnlQ2H #bakingindustry

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An article in the November 25th edition of Time Magazine titled "Why are sit-down chain restaurants struggling?" cites this data from CREST (data from consumer-insight firm Circana): reticent consumers are eating more at home or at lower-cost fast-food restaurants, where the average check is $7.92, about half the average check at a sit-down restaurant. Is there anywhere in this country where you can get a meal at a fast-food restaurant for $7.92 or at a sit-down restaurant for $16 in November 2024?

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Tyson Foods (NYSE:TSN) Misses Q1 Revenue Estimates - Empowering Investors to Take Action! 📈💪 Summary: Tyson Foods, a leading global food company, recently reported its Q1 revenue which fell short of market expectations. This unexpected development presents an opportunity for HSA investors to take action and potentially benefit from the situation. By leveraging your HSA account and investing strategically, you can position yourself for growth and maximize your healthcare savings. Subheadings: 1. Understanding the Q1 Revenue Miss 2. The Potential Opportunity for HSA Investors 3. Growing Your Health Savings Account Through Wise Investments 4. Investing in Healthcare - A Smart Move for Long-Term Benefits 5. Don't Let FOMO Hold You Back - Act Now! In this highly competitive market, it's important to stay ahead of the game when it comes to growing your HSA funds. While Tyson Foods may have faced a setback in Q1, as an investor, you have the power to turn this situation into a positive outcome by making wise investment choices. By diversifying your HSA investments and focusing on healthcare and wellness sectors, you can not only support your personal health and that of your family but also potentially generate attractive returns. Investing in companies like Tyson Foods, despite the temporary Q1 revenue miss, can offer long-term growth potential. Don't let the Fear of Missing Out (FOMO) prevent you from taking action. Seize this opportunity to invest strategically, leveraging your HSA funds to not only enhance your financial well-being but also contribute to your overall health and wellness goals. Act now, take advantage of the moment, and grow your HSA account with confidence! 💰👊 #hsa #investing #healthcare #health #family #wellness

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In this episode of The Natural List, co-hosts Jessica Rubino and Adrienne Smith are joined by nutrition experts Jessie Shafer, RD and Debra Eschmeyer. According to Eschmeyer, two out of three children on average drink a sugary beverage every day. Moreover, children consume approximately fifty-three pounds of added #sugar per year. To combat this acclimation to extremely sweet products, many #CPG brands are starting to reduce added sugar and natural sweeteners in children’s products and increasing nutrients like fiber and protein. Bottom line: when it comes to sweetness, less is more. Listen here: https://utm.io/ugPXr #naturalproducts #brands #lowsugar #childrensnutrition

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📢 listen up #ecommerce 🤡🐍 A little Sunday morning FREE consulting 📦🦠🪳 For those 🚛 food in the MAIL 🤢🤮 Singing that old, tired “we are RETAIL EXEMPT” 🎶🎵 👇🏼 This is how the Feds are gonna get you, so pay attention 👀 🚨 Darwins Natural Pet Products Warning Letter 🔎 Your Director of Quality informed FDA’s Investigators that the majority of your product (approximately (b)(4) percent) is shipped directly to consumers from third-party warehouses rather than from your facility. 🔎 Thus, your manufacturing facility is not a retail food establishment as defined in 21 CFR 1.227. ⚠️ It would be wise to implement EFFECTIVE food safety systems instead of trying to operate unethically for profit. #foodsafety #food #retail #foodsafetymuse

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🚨 National Beer Wholesalers Association 87th Annual Meeting is just around the corner, and Bud Dunn will be hosting a seminar you won’t want to miss: Incentives vs Entitlements: How to Get More Effort from Your Team 📅 Monday, September 30, 2024 🕗 8:00 – 9:15 a.m. If you’ve ever struggled to keep your team consistently motivated, this session is for you. We’ll be diving into the psychology behind motivation and discussing how to use strategic incentives to build a high-performance culture. Here’s what you’ll take away: ✔️ Proven strategies to inspire dedication and hard work ✔️ How to balance incentives with expectations ✔️ Practical tools to align your team’s effort with your company’s goals Whether you’re leading a small team or managing a large operation, this talk is designed to help you get the best out of your people—no more guesswork, just actionable steps that drive real results. 🗓️ Add this to your NBWA agenda and be sure to stop by Booth 713 to learn how VXP Tech can help you leverage AI to improve your sales and profitability. 💪 #NBWA2024 #Leadership #TeamPerformance #Incentives #BeerIndustry #HighPerformanceCulture #VXPTech

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Enhancing Your Menu with Frozen Beverage Machines: A Guide for Restaurants Looking To Increase Revenue.

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Invest in a company that invests in you! Target Food & Beverage leaders came together this week to invest in the future and find solutions that matter. FourSight framework

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There is a lot of buzz around franchising. And it certainly works for many chains, but it’s not the only way to grow and attain good margins. Some large restaurant chains with a moderate part of their systems franchised have also been able to engineer better-than-average profitability. Some examples of publicly traded restaurants doing this in the U.S. are Dave & Buster’s, Chipotle, and Darden. The three are in different categories: eatertainment, fast-casual, and casual dining. As Einstein said, a problem can’t be solved with the same line of thinking that created it. And while its hard for restaurant chains to maintain margins, many do very well. For those looking to improve their company’s bottom line, rather than just keep track of it, the most powerful lever at their disposal is to act as their own activist. We recommend a holistic approach be applied to looking at the organization, working across functional areas and down individual line items of the restaurant P&L while reviewing factors impacting performance both inside and outside the business — also, some outside help never hurt. #restaurants #finance #EBITDA

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Convenience stores have experienced a surge in alcohol sales, notably in categories like ready-to-drink cocktails and flavored malt beverages, with some retailers observing a 109% increase in RTD cocktail sales. This trend reflects changing consumer preferences, particularly as shoppers opt for convenient options amidst potential inflation concerns, foregoing traditional ingredient shopping for homemade cocktails. By aligning commercial real estate investments with evolving consumer preferences, investors can maximize the value and performance of their properties. Full insights available at forbes.com

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