Feb 24 2017
What a great time to be a consumer that enjoys quality food in the United States….Aka a foodie. Interest in all areas of food continues to achieve unprecedented growth. According to the annual report from The State of the Specialty Food Industry 2016, specialty food sales hit $120.5 billion in the U.S. in 2015. Driving this demand are a couple things: growing consumer interest and concern about where food comes, and an interest in adventurous flavors and international foods.
Small specialty food retailers that carry gourmet foods have arrived on the radar of large retailers like Target and Kroger, who are working overtime to capture some of this market share—consumers who are eager to try new and adventurous foods from harissa to curry. Food & Nutrition reports that “According to Global market research firm Mintel, sales in the ethnic food sector have climbed steadily since 2004, reaching $2.2 billion in 2009 and growing to 8.7 billion in 2012. Analysts predict another growth of more than 20 percent from 2012 to 2017.”
Independent gourmet shops and supermarkets are not the only retailers feeding this demand. Food Halls have upgraded the food court…
Feb 23 2017
In a crisis the stakes are always high. No matter the practice area, reputations are on the line and making a bad situation worse is the last thing a company wants to do. But each industry has their own unique risks that require a tailored crisis plan. I sat down with the PadillaCRT Crisis Team to discuss crisis and critical issues in the health care industry and how they support the agency’s Health Care Team and its clients.
What are the most common types of crises that you see in the health care sector?
Right now the most common events you see are bad patient outcomes, data breaches, active shooter situations, and concerns regarding the Affordable Care Act. Data breach has become a particular concern because of the amount of personal and financial information health organizations have access to.
How are the Health Team’s crisis needs different than other practice areas?
The health care industry is extremely regulated, which limits what we can and cannot say in response to a crisis. For example, in the event of a bad patient outcome, we can’t fully disclose the situation due to HIPAA restrictions without patient approval.…
Feb 22 2017
Some interesting – and very timely – data was reported by PadillaCRT client Allianz Life last week. Women, it appears, are taking the reins of their household finances, but many are still hesitant to do so when managing their careers.
In its newly updated Allianz Women, Money, and Power® Study of more than 1,400 women (initially conducted in 2013), Allianz Life found that the majority of women in the study (51%) claim they are the chief financial officer (CFO) of the household, and more married women (37%) report being the primary breadwinner of the family (compared to 31% in the 2013 study). Additionally, 53% of women report they either have a “great deal of responsibility” or they “do it all” when managing the household’s long-term savings and investments.
That’s great news. But delving deeper into the results, we found that despite having such a large impact on household finances, the number of women who say they “have more earning power than they’ve ever had” has decreased to 50% (compared to 57% in 2013). Factoring into this perceived decline in earning power, less than half (44%) claim they have “leaned…