Discretionary dollars are becoming tighter as consumers continue to be impacted by inflation, leading to a shift in instore bakery and deli purchase decisions.
Prices in key grocery food categories remained stubbornly high in Q1 2024 while others dipped to new lows compared to the same period in 2023, according to a Catalina Marketing report.
“Many people in the industry are now watching to see what happens with the drilled hot dog’s introduction in the world’s biggest hot dog market, the USA,” said Markus Brantner, president and chief executive officer of Bertschi Bakery.
Cargill said it will hire approximately 400 professionals in data engineering; generative artificial intelligence; systems, applications and products (SAP); and other critical fields.
Millennials started a trend of using pantry and refrigerator items as social signalers, in the same way they might wear a designer label on their clothing.