Almost 24 per cent now cutting back on food purchases, almost 70 per cent of whom are women
While inflation is showing signs of dissipating, food inflation appears to be on a totally different path. Food inflation has outpaced our general inflation rate for over 12 months now. Statistics Canada just announced that the food inflation rate for retail was 10.8 per cent and 7.4 per cent in food service. Canada ranks third…
Evidence of ‘greedflation’ is weak at best
By Sylvain Charlebois and Samantha Taylor Accusations of gouging in the food industry have reached an all-time high. According to a recent survey, 68 per cent of Canadians believe food corporations are taking advantage of the inflationary cycle to increase prices, and it’s not just in retail. Class-action lawsuits have been launched against the beef…
Flexitarians have decreased risk of heart disease and Type 2 diabetes and reduced risk of cancer
For a number of years, I talked about becoming a vegetarian. I could see the health and environmental benefits, but completely removing meat seemed a bit extreme for my tastes. I recently discovered flexitarianism, a vegetarian diet where one eats meat occasionally. I limit my intake of meat and seafood, but I can still enjoy…
The food we buy is always changing, so keeping customers engaged with brands is challenging
Sobeys recently decided to dump Air Miles and start its own loyalty program. Empire Co. Ltd., Sobeys’ parent company, is joining the Bank of Nova Scotia and Cineplex as co-owners of the Scene+ program. This move by Sobeys is no coincidence. As we brace for higher food prices and cope with a post-COVID-19 workforce still…
Saturated fat in beef, and pork: bad. Saturated fat in dairy products: nothing to see here
It looks like we will see different symbols on food packaging soon, telling us whether a food product at the grocery store has too much fat, sugar or sodium. Health Canada is likely going forward with a policy requiring front-of-package nutrition symbols on foods high in saturated fat, sugars and sodium. It will provide clear,…
Consumers used to love to hate these machines. But things have changed
Self-checkouts have long been an unloved tool in the world of retail. In the beginning, nothing worked as it should, especially at the grocery store where an order for 20 items brought a new form of despair. But even if the mere presence of self-checkouts bothered many consumers, Canadians have apparently befriended them in some…
Move raises questions about motive and why the announcement was so quiet
All eyes are on inflation these days, especially at the grocery store. Food is the one thing we need every day and the food choices we make matter a great deal to our budget. To know what's going on with food prices, we turn to Statistics Canada for details. But without fanfare, we just learned…
Consumers who are environmentally aware warm to the idea
Eating chicken raised on a diet of bugs or algae may sound downright unappetizing to some, but there are ways to make the idea more palatable to at least one type of food shopper. Consumers who are environmentally aware will likely warm up to the idea of using alternative proteins like insect meal in poultry…
Compared to Americans, Canadians have far fewer options to save on groceries
The food inflation rate in Canada in February was 7.4 per cent, the largest yearly increase since May 2009. With much higher food inflation, consumers are desperate to find new ways to save at the grocery store. In the United States and Canada, consumers are increasingly using food rescuing apps, going for the “enjoy tonight” deals, trading…
PepsiCo’s move signals that the sector is tired of - and desperate to stop - supply-chain bullying
We recently learned that Frito-Lay, a brand owned by giant PepsiCo Canada, stopped selling to Loblaws after the retailer refused requests by Frito-Lay to increase their prices. Food manufacturers, when selling products to grocers, suggest retail prices. With low profit margins, labour shortages, packaging issues and supply-chain woes, inflation has been violently disruptive to manufacturers.…