Acosta Report Finds Multicultural Americans Are Reshaping US Grocery

April 10, 2019 Acosta

Research released today in the first-ever Multicultural The Why? The Behind The Buy™ from Acosta — a leading full-service sales and marketing agency in the consumer packaged goods industry — provides insight into the preferences of U.S. Hispanic, African American and Asian American shoppers.

Acosta Appointed Foodservice Agency of Record for High Liner Foods Incorporated

April 2, 2019 Acosta

Acosta announced it has been appointed by High Liner Foods Incorporated as its U.S. foodservice agency of record. High Liner Foods, based in Lunenburg, Canada, is the #1 market share owner of fin fish in the U.S. and the leading North American processor and marketer of value-added frozen seafood. Acosta Foodservice, a U.S. foodservice sales and marketing agency headquartered in Jacksonville, Florida, will represent the company’s U.S. food broadline distribution, including military, deli and K-12 distribution.

New Acosta Report Finds Nearly Half of Manufacturers Processed a Price Increase in 2018

February 7, 2019 Acosta

Grocery prices have steadily increased for the past five years, alongside a recent spike in manufacturing and transportation costs. At the same time, both manufacturers and retailers feel pressure to drive sales at the lowest possible prices in a very competitive marketplace where shoppers have a wide range of options on what, where and how to buy. These factors combined have created a “perfect storm” for manufacturers and retailers, forcing the two parties to work together to mitigate the negative impact of price increases.