Food Prices news and trends

Just in Time for Summer: Apparel and Dining Out Get More Expensive
Economy // April 10, 2024

We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta Air Lines reported earnings on Wednesday (April 10), and CEO Ed Bastian said there has been “real strong demand” to...

Packaged Food Sellers Emphasizing Value for First Time Since Pandemic
Retail // April 08, 2024

Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This trend marks a reversal of the strategy companies have pursued since the beginning of the pandemic, which was to focus...

Fast Food Price Hikes See Lower-Income Diners Cutting Back
Economy // March 27, 2024

Rising prices at fast food eateries and other restaurants reportedly have lower-income diners pulling back. Around a quarter of low-income consumers — those who make under $50,000 a year — said they were eating less fast food, while roughly half said they were making fewer trips to...

FTC Says Grocery Giants Profited From Pandemic-Era Supply Chain Problems
Economy // March 21, 2024

Large players in the grocery industry took advantage of the pandemic’s supply chain problems to raise prices and profits and keep them high. So said the Federal Trade Commission (FTC) in a press release and staff report issued Thursday (March 21). “As the pandemic illustrated,...

Interviews & Exclusives
Just in Time for Summer: Apparel and Dining Out Get More Expensive

April 10, 2024
We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta Air Lines reported earnings on Wednesday (April 10), and CEO Ed Bastian said there has been “real strong demand” to travel, telling Yahoo Finance that “the spring and summer season […]

Inflation’s Pace Quickens in December, Led by Housing Costs

January 11, 2024
The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by the Labor Department, the most...

Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck

November 14, 2023
Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. But the fact remains that everyday essentials — namely food and clothing — are...

Quick Reads
Are Consumers ‘Done With Fast Food’ as Prices Climb?

May 05, 2024
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5). The reason? A visit to the Golden Arches that ended with Montenaro paying nearly $10 for a bagel sandwich and a cup of coffee.  As […]

Packaged Food Sellers Emphasizing Value for First Time Since Pandemic

April 08, 2024
Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This trend marks a reversal of...

Fast Food Price Hikes See Lower-Income Diners Cutting Back

March 27, 2024
Rising prices at fast food eateries and other restaurants reportedly have lower-income diners pulling back. Around a quarter of low-income consumers — those who make under $50,000 a year — said they...

FTC Says Grocery Giants Profited From Pandemic-Era Supply Chain Problems

March 21, 2024
Large players in the grocery industry took advantage of the pandemic’s supply chain problems to raise prices and profits and keep them high. So said the Federal Trade Commission (FTC)...