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Congratulations to the five refrigerated and/or frozen food companies that topped our eighth annual, 2020 Best New Retail Products Contest. We had one of our highest vote totals ever (61,243), and an exciting flurry of activity the final three days which re-configured the order of winners.
New data from research firm IRI (Information Resources Inc.) and BCG (Boston Consulting Group) shows frozen and refrigerated food sales spiking 78.8% and 57.8%, respectively, compared to a year ago, and attributed to COVID-19-related stockpiling by consumers beginning on March 1. The numbers are through the week ending March 15.
The COVID-19 pandemic has had an historic impact on business across multiple industries in a very short time, including the cold food and beverage supply chain. We spoke with Lowell Randel, VP, government and legal affairs at the Global Cold Chain Alliance (GCCA) for a snapshot of how the cold chain is adjusting to the new norm, and also to dispel certain myths surrounding the country’s food supply and ability to replenish inventory.
Taylor Farms started investing in renewable, alternative energy back in 2012. The brand is currently seeing a positive payoff for its year-over-year efforts in both cost savings and recognition as a green energy leader in the industry.