December 2022 | Hillphoenix

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Holiday Season in Times of Soaring Food Prices

The upcoming fall and winter holidays are highly anticipated events for most Americans. However, the soaring prices of gas, essential items, and especially groceries,  threaten how we celebrate this year. As we are in the thick of inflation, consumers and retailers are challenged with how to balance expenditures versus cash flow. As expected, retailers are honing their strategies throughout the holiday rush in light of the current economic realities.  On the other hand, consumers are focused on buying food items that bring them value as they carefully recalculate how much they should spend on holiday meals and other favorites without

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The Rise in Demand for Cold Storage and Its Impact on the Food Retail Industry

For many years, cold storage has been the pillar of many industries, such as food retail and pharmaceutical, to maintain the integrity of temperature-sensitive products. It has been a key tool to keep the cold supply chain intact and help cool products in large volumes efficiently and effectively. Today, cold storage facilities are indispensable in the food retail industry due to the growing demand for perishable food products, the need to meet the complexities of the supply chain, and changes in consumer behavior and demographics. According to Grand View Research (a U.S.-based market research and consulting firm), the demand for

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Holiday Season in Times of Soaring Food Prices

The upcoming fall and winter holidays are highly anticipated events for most Americans. However, the soaring prices of gas, essential items, and especially groceries,  threaten how we celebrate this year. As we are in the thick of inflation, consumers and retailers are challenged with how

Continue Reading

Fresh Thinking...

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