Food now accounts for about one-quarter of spending by teens from affluent households, and quickservice and fast-casual concepts have grown in popularity with teens, according to investment firm Piper Jaffray. Limited service was the top choice for 65% of teens surveyed this spring, up from a low of 41% in the spring of 2010.
Britain's Ocado is part online grocer and part tech startup thanks to the hundreds of robots that move items in its system of fulfillment centers, speeding the completion of online orders. Now Ocado's business model has received a major endorsement in the form of a partnership for US warehouses with Kroger.
Whole Foods Market has called a halt to its implementation of a requirement that all products it carries be labeled for GMOs. The grocer told suppliers last week that it would pause the requirement, set to take effect in September, as the USDA works on national rules.
Students at a school in Denver are preparing meals in the classroom and then planting the ingredients used in the dishes in an on-campus garden. The hands-on lessons in nutrition are part of a Cooking from the Garden class.
Dessert-based flavors will be the theme of the new Oreo varieties that will be hitting shelves over the course of this year. Flavors that debuted at the recent Sweets & Snacks Expo were Good Humor Strawberry Shortcake, Rocky Road Trip, Peppermint Bark, Chocolate Peanut Butter Pie, Pistachio and a Mickey Mouse-themed Birthday Cake variety.
The Ferrero Group brought its Kinder Joy candy to the US market in January, and the product is on track to surpass $100 million in sales over its first year, according to data from IRI. "Our focus is on making sure Kinder Joy is successful for the long term," said Ferrero North America CEO Paul Chibe.
Brandless, which offers direct-to-consumer CPG products priced $3 or less per item, is experiencing "phenomenal" performance in its food category, said co-founder Ido Leffler. "We have some real extreme value items, so to be able to get olive oil for $3 or coconut oil for $3 is remarkable," he said.
Fans of America's classic burger are enjoying creative twists developed by chefs such as Trevis Langley, who serves up a Spanish-inspired burger at Minnesota's Red Cow that features piquillo peppers, smoked pepper aioli, jamon serrano and manchego. The Avalon Burger at Ted's Montana Grill consists of a bison burger with bacon-caramelized onions, blue cheese, arugula, Gruyere and roasted garlic aioli.
Restaurant chains such as Starbucks, Wendy's and Chili's Grill & Bar are taking advantage of a bountiful supply of lower-priced avocados to launch new menu items. Chipotle Mexican Grill and other chains that have always used large amounts of the fruit could see bigger bottom lines as avocado prices stay low.
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