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Never too late — Artists rediscovers his passion through faith, inspiration

Never too late — Artists rediscovers his passion through faith, inspiration
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After the pandemic, how is the food business likely to fare?

Food industry news, voices and jobs. Optimized for your mobile phone.

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How much of a boost did food companies get from COVID-19?

Share it This is the first article in a four-part weekly series that looks at how food and beverages companies fared during the pandemic. The second part, also published today, features charts comparing several publicly traded food companies pandemic-period sales to those a year prior. Next week, Food Dive looks at the companies that did not follow the same growth pattern as most. While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up 12% in 2020, according to Stacey Haas, a partner at McKinsey & Company. A Food Dive analysis of earnings reports from publicly traded food companies in the U.S. showed sales growth in a single quarter up as much as 38% over the same quarter in 2019.

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Prepared Foods Go Beyond Rotisserie Chicken

Debby Garbato Cauliflower is growing increasingly popular as a low-carb grain alternative in everything from pizza crust to gnocci. Weary of restaurant operating restrictions and stay-at-home recommendations, consumers are craving new foods and flavors like never before. This has prompted grocers to introduce prepared dishes whose exotic tastes and healthy ingredients take in-store foodservice further beyond the traditional world of mac and cheese and rotisserie chicken. Sophisticated dishes are bold and full-bodied. They use chilis, other hot peppers, exotic herbs and spices, as well as flavorful oils like grapeseed and coconut. Grocers are also featuring more authentic Mexican and Indian foods and adding non-sushi Asian choices. Meal-kit ingredients and selections are broader, too, with offerings changing regularly.

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What Grocers Need to Know About Gift Card Fraud

Debby Garbato With the COVID-19 pandemic accelerating the move from offline to online transactions, detecting digital fraud attempts has become paramount for e-commerce providers. As COVID-19 prompted shoppers to shift to online methods, digital gift card sales soared and increased the prevalence of fraud. While the heightened fraud activities affected all types of retailers, there are several factors that make it particularly concerning for food retailers, namely shopping frequency and innovation in the gift card category. “Grocery stores do a significant portion of gift card sales and were one of the first channels to become heavily involved,” says Nathan Ehrlich, chairman of the Washington, D.C.-based Retail Gift Card Association. “They prominently displayed them, and they’ve become a big draw, with people attuned to seeing them.”

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