Tag:

Consumer Demand

Launch Day Set For Stripped Down Versions Of Iconic Snacks Doritos, Cheetos Launch Day Set For Stripped Down Versions Of Iconic Snacks Doritos, Cheetos
Launch Day Set For Stripped Down Versions Of Iconic Snacks Doritos, Cheetos Doritos and Cheetos are getting a new lighter look. Parent company PepsiCo says Simply NKD, a new line of Doritos and Cheetos made without artificial flavors or dyes, will hit store shelves starting on Monday, Dec. 1. Doritos Nacho cheese, left, pictured next to new Simply NKD Nacho Cheese, which debut on Monday, Dec. 1. Brielle Patton, D3 Studio via PepsiCo Simply NKD offers the same flavors but with a cleaner, natural look. The new snacks are colorless, a stark contrast to the vibrant hues of classic Doritos and Cheetos. Despite the change, PepsiCo says the taste remains the same.…
Beef Prices Hit Record Highs As Herd Shrinks To 70-Year Low With No Relief In Sight Beef Prices Hit Record Highs As Herd Shrinks To 70-Year Low With No Relief In Sight
Beef Prices Hit Record Highs As Herd Shrinks To 70-Year Low With No Relief In Sight If steak night feels like a splurge and ground beef is denting the budget, you’re not imagining it. Beef prices are climbing to record highs with little sign of easing. According to USDA outlooks released Friday, Sept. 5, the spike is being driven by a deep supply crunch colliding with steady consumer demand.  The US cattle herd is now the smallest since 1951, the result of years of herd liquidation during drought and high feed costs, and rebuilding will take time. Demand, meanwhile, hasn’t cracked. Americans continue to buy beef for its taste and versatility, which keeps pressure on …
Beef Prices Keep Climbing To New Record Highs: Here's What's Fueling Soaring Costs Beef Prices Keep Climbing To New Record Highs: Here's What's Fueling Soaring Costs
Beef Prices Keep Climbing To New Record Highs: Here's What's Fueling Soaring Costs You may want to savor that next steak. It’s not getting cheaper anytime soon. Beef prices have hit an all-time high in the US, driven by a mix of short supply, steady demand, and mounting costs across the cattle industry. According to the American Farm Bureau and industry economists, the national cattle inventory is now the smallest it’s been since 1951. Many ranchers reduced herd sizes — or left the business entirely — after years of drought, inflation, and rising interest rates made farming unsustainable. Add in strong consumer demand and the result is tight supply pushing prices ever h…
No New Land Rovers Or Jaguars Coming To US Amid Trump’s Tariff Plan No New Land Rovers Or Jaguars Coming To US Amid Trump’s Tariff Plan
No New Land Rovers Or Jaguars Coming To US Amid Trump’s Tariff Plan There will be no new Land Rover or Jaguar vehicles heading to the US, as the automaker has announced a pause in shipments amid recently imposed tariffs by the president. Britain-based Jaguar Land Rover Automotive said over the weekend that later this month, the company will temporarily cease shipping vehicles to the US as it considers the consequences of the tariffs moving forward. “The USA is an important market for JLR’s luxury brands,” the company said in a statement to NPR. “As we work to address the new trading terms with our business partners, we are taking some short-term actions in…
Trader Joe's Bringing Back Internet-Chic Mini Totes: How You Can Get Yours Trader Joe's Bringing Back Internet-Chic Mini Totes: How You Can Get Yours
Trader Joe's Bringing Back Internet-Chic Mini Totes: How You Can Get Yours The viral mini canvas tote bags at Trader Joe's are returning with a spring twist. Trader Joe's will resume selling the limited-edition bags at stores nationwide, a company spokesperson confirmed to the Daily Voice on Monday, Mar. 24. The totes will be $2.99, coming in new pastel shades of blue, pink, purple, and green. The spokesperson said the exact date the bags will be available will vary by store but TODAY.com reported the totes will be for sale as soon as April. "If customers have any questions about product availability, they can ask any crew member in their neighborhood s…
Major Grocers Putting Limits On Egg Carton Purchases Major Grocers Putting Limits On Egg Carton Purchases
Major Grocers Putting Limits On Egg Carton Purchases Egg shortages are hitting grocery stores nationwide, prompting retailers to impose limits on how many cartons customers can buy. Major chains, including Trader Joe’s, Costco, and Whole Foods, have restricted egg purchases as supply chain disruptions and an ongoing avian flu outbreak send prices soaring.  Some locations are limiting customers to one or two dozen eggs per visit in an effort to prevent stockpiling and ensure availability for more shoppers. What’s Behind Egg Shortages? The latest bird flu outbreak has severely impacted egg production, with millions of chickens culled to …
COVID-19: Here's One Bright Spot In Record March Retail Sales Decline COVID-19: Here's One Bright Spot In Record March Retail Sales Decline
Covid-19: Here's One Bright Spot In Record March Retail Sales Decline Though the novel coronavirus (COVID-19) pandemic has wreaked havoc on retail stores in the entire nation, grocery and beverage store sales skyrocketed to new heights, according to newly released data. While retailers have seen businesses plummet, grocery stores and beverage depots have seen sales increase by more than 25 percent since the outbreak began in early March, according to a new report from the National Retail Federation. According to the U.S. Census Bureau, the overall retail business was down 8.7 percent from February to March, and down 6.2 percent at the same point last year. Th…
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports There is no relief in sight for area motorists at the pump, as the national gas price average has hit its highest point since the summer of 2015, with prices now topping $3 an hour in much of the area. As of this week, national gas prices reached an average of $2.71 per gallon, four cents lower than the high of $2.67 from last year, and prices are only expected to keep rising, according to the latest report from AAA. The price is up 6 cents from a week ago, 18 cents from a month ago and 31 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since …
Highest Gas Prices In Years Expected For Area Motorists Highest Gas Prices In Years Expected For Area Motorists
Highest Gas Prices In Years Expected For Area Motorists Local residents may want to start filling up now, as the region is expected to see some of the highest gas prices in years at the pump this summer, according to reports. As of this week, national gas prices reached an average of $2.66, just one cent lower than the high of $2.67 from last year, and prices are only expected to rise, according to the latest report from AAA. The price is up a cent from a week ago, 13 cents from a month ago and 24 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since 2014. A AAA spokesperson cited “a volatile marke…
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Start Of Spring Sees Gas Prices Rise, With No Relief In Sight
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Spring has sprung in the tristate area, bringing with it a spike in gas prices with no relief in sight according to AAA. For weeks, gas prices have slowly, but surely, continued to creep upward, to a national average of $2.63 per gallon, up 10 cents from a month ago and 73 cents a year ago, when the average was $2.29 per gallon. In a forecast released by AAA Northeast, the national average is expected to reach as high as $2.70 per gallon, the highest since the summer of 2015. A AAA spokesperson cited “a volatile marker, higher crude oil prices, and higher consumer demand are driving average…