This optimistic forecast comes from George Weston, the CEO of Associated British Foods (ABF), a conglomerate that oversees brands like Kingsmill Bread, Twinings Tea and Silver Spoon Sugar, along with
Thanksgiving retail is expected to see a more judicious consumer who expects to pay more this year and will seek more deals while retailers can expand food service departments with semi and fully-prepared meals to complement the majority of consumers who cook at home, according to holiday data from both FMI – The Food Industry Association and Circana.