Recess Staffs Up & Inflation Keeps Pressure On Grocery

On this episode of the CPG Week Podcast, co-hosts Brad Avery and Lukas Southard cover how Recess is adding more industry know-how to its leadership ranks, the impact of elevated pricing in grocery and convenience retail and rumors about a popular oil brand seeking a buyer.

0:30 - Are a popular Bar and Bat Mitzvah sweet treat going to disappear from shelves? Brad explains why the news that Sunkist was discontinuing its Fruit Gems line caused panic among the American Jewish community.

2:30 - Recess has hired veteran industry leaders as it aims to be a category leader in the relaxation beverage category.

6:00 - Inflation has remained stubbornly high, but what does that mean for retailers? After going through recent macro grocery pricing data, Lukas and Brad discuss the impact on retail strategy.

8:30 - From grocery to convenience, Brad covers a recent Jefferies analysis of c-store sales data across beverage categories.

11:30 - Is squeeze-bottled olive oil brand Graza looking to sell? In the shadow of the Purely Elizabeth and Goodles acquisitions, the podcast hosts discuss how Graza’s potential sale could be another example of a next-gen food brand making a high-value exit.