Build Brand Loyalty with Retail Media Networks
Retailers like 7-Eleven and Casey’s General Stores have developed and implemented retail media networks (RMNs) to connect with their customers, offer promotions and build brand loyalty. Restaurants and grocery outlets are also jumping into the game. Let’s take a look at how you might take advantage of the growth of RMNs. What is a Retail […]
Introducing A Climate Change Resistant Coffee Bean
As the global climate changes, farmers face the ever-growing challenge of adapting their practices to a changing environment. Rising temperatures and extreme weather events are making it harder for coffee farmers to grow and harvest their beans. This leads to decreased yields, reduced quality, and higher consumer prices. Globally, almost all coffee sales are made […]
Food Prices Fall! – First Time Since 2020
Grocery prices (the “food at home index”) fell in March for the first time since 2020, down 0.3% from February.* According to Barron’s, overall consumer prices were 5% higher in March than a year ago, down from 6% in February and 9.1% last summer. Egg prices were down almost 11% in March from the month earlier. Egg prices […]
Beverage Drinkers Want MORE!
Drinks With Added Flavor or Added Ingredients and “2-for” Deals Drive Sales. The landscape of beverage sales is changing. The pandemic brought out consumers who wanted to stock up on multipacks while neglecting singles. Now we’re returning to a more normal consumer behavior, and sales of singles have come back. Retail promotions were scaled back […]
Growth of Cold Brew Coffee Continues to Explode
Only a few years ago, getting a “cold coffee” was either a reason to complain to the manager or it was “Iced coffee,” which was hot coffee poured over ice. How much things have changed! Cold Brew is Growing Faster! Cold Brew Coffee is made with coffee grounds steeped in water for hours but kept […]
The Foodservice Industry is Back Baby!
Last Month the restaurant industry marked its 26th straight month of job gains, adding nearly 70,000 jobs. This brings the jobs number to within one percent of the February 2020 peak! * Looking forward, the National Restaurant Association (NRA) predicts that the industry will reach $997 Billion in sales this year, partly due to increased […]
Fastcility Now Proudly Serving Florida!
We’re excited to announce that we have expanded to the great state of Florida! To celebrate our expansion, we are offering new customers *10% off your first FASTCILITY service. This includes all your commercial kitchen equipment and food and beverage dispensing equipment. Just call us at 833-203-2285 and use code “Florida23”. The offer ends on March […]
AI Is Taking Over Food Service Faster Than You Think
We have all become used to hearing headlines about AI. It’s coming for tech jobs; it’ll replace designers, accountants, architects and artists. You may have read some of our previous posts about robotics and other technology making its way into the food service industry but frankly, a lot of that seemed very far off. Follow […]
Menu Price Inflation Continues Slower Than Grocery Prices
Food prices continue to rise significantly, but the rate of increase seems to be peaking. There continues, however, to be a disconnect between the rate of inflation between grocery and menu prices. In January, at-home food prices rose at an 11.3% annual rate. This is a half percent slower than the month before and the […]
FASTCILITY NOW PROUDLY SERVING Florida!
We’re excited to announce that we have expanded to the great state of Florida! We will now be servicing Florida in the Panhandle region out of Tallahassee. Fastcility is dedicated to helping major chains and mom-and-pop grocery, retail, hospitality, convenience stores, and coffee shops in Florida serve their customers better by supporting their most vital equipment […]