Cleaning supplies and paper goods were the first targets of panic buying, but supply chain challenges are easing
The COVID-19 pandemic has increased demand for local products in France and could have a positive effect on the development of funcional foods, according to Mintel.
The latest barometer analysing effects of the VOCID-19 crisis on food and beverage companies in France has revealed a 22% loss in turnover globally.
The “biggest question facing anyone in retail across the country” right now is what will stores look like post-coronavirus, Stew Leonard’s CEO, Stew Leonard Jr. told FOX Business.
Two clear sets of consumers will also emerge, according to Nielsen — those with insulated levels of spending, often those who have maintained employment and remain shielded from day-to-day economic impact and those who will be restrained in their spending habits due to unemployment, furloughing or other COVID-19-related challenges.
The largest year-over-year percentage-point increases in online grocery shoppers are not occurring at traditional supermarkets.
Encountering empty shelves and disarray at their regular stores, many U.S. consumers turned to other retailers or went online to buy groceries and daily essentials as the coronavirus outbreak started and then escalated, a study by market research firm Kantar revealed.
The fresh food departments of the supermarket have undergone a remarkable change in the past two months, since the first outbreaks of coronavirus in the United States in February through the quarantine panic buying of March and April, and now the slow opening up of some regions of the country.
Home delivery and store pickup online grocery sales reached a new 30-day record for April, hitting $5.3 billion and marking a 37% increase from $4 billion in March, according to the latest Brick Meets Click and Symphony RetailAI Online Grocery Survey.
