Butter prices in the U.S. jumped to their highest levels in over a year, with dairy prices also rebounding globally—underscoring broader concerns about food inflation among consumers. (Photo: Ronaldo Schemidt via Getty Images)https://t.co/LXE3NIokpH https://t.co/4WO8y2qTyv ...

Butter prices in the U.S. jumped to their highest levels in over a year, with dairy prices also rebounding globally—underscoring broader concerns about food inflation among consumers. (Photo: Ronaldo Schemidt via Getty Images)https://t.co/Z4KrBIu4LF https://t.co/p5ldvwuEXA ...

Take a look at Cisco's stock. The food distributor shares lower despite reporting beats on the top and bottom lines in its fiscal Q4. Fullyear guidance coming in a bit below expectations.And the company noting a decline in US food service volumes driven in part by negative industry foot traffic. Joining us in a CNBC exclusive is Cisco CEO Kevin Heracen. It's great to have you Kevin.I mean you have such a good lens here into restaurants and hotels and hospitals and everything else. What are you seeing. >> Ye ...

Core Insights - Giftify, Inc. is leveraging its gift card marketplace to help consumers manage rising food costs, particularly due to record-high egg prices and inflation in the grocery and restaurant sectors [1][2][4] Group 1: Company Overview - Giftify, Inc. operates CardCash.com and Restaurant.com, focusing on the incentives and rewards industry [6] - CardCash.com is a leading secondary gift card exchange platform, allowing consumers to buy and sell gift cards [6] - Restaurant.com is the largest restaurant-focused digital deals brand in the U.S., offering thousands of dining, retail, and entertainment deals [6] Group 2: Market Conditions - The average price for a dozen eggs reached $4.95 in January, with forecasts predicting a 41% increase this year due to supply chain disruptions from a bird flu outbreak [3] - The bird flu led to the culling of 18.8 million hens in January, significantly impacting egg supply and prices [3] - Rising food costs are also attributed to increased tariffs, labor shortages, and transportation costs, creating a challenging environment for consumers [4] Group 3: Consumer Solutions - Discounted gift cards provide immediate savings for consumers on groceries and dining, helping to offset rising prices [2][5] - CardCash.com offers discounts at major grocery retailers like Giant Foods, Kroger, and Trader Joe's, as well as popular restaurants such as IHOP and Olive Garden [4] - The platform aims to alleviate financial strain on households by providing practical tools for cost reduction during periods of food inflation [5]

Discounted Gift Cards Offer Relief as Restaurants and Retailers Adjust to Rising Food Costs SCHAUMBURG, IL, March 18, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today highlights how its gift card marketplace is helping consumers combat record-high egg prices and increasing food costs throughout the grocery and restaurant sectors using discounted gift cards. With egg pri ...