IRI Releases 2013 New Product Pacesetters Report

Lists most successful consumer packaged goods brands of 2013. Information Resources Inc. (IRI), has announced the most successful consumer packaged goods (CPG) brands in its 2013 New Product Pacesetters report, an industry-recognized benchmark analysis of exceptional first-year CPG sales success for newly launched products. With 190,000 new UPCs and 9,500 new brand launches hitting the


Mobile Payments Customers Spend More Through Digital Channels

Survey shows concerns over security, privacy and convenience keep 80% of consumers from using mobile payments. While the ubiquity of mobile devices in the U.S., U.K., France, Germany, and Spain has created a widespread platform for using mobile payments, a revolution is being held back because consumers do not yet find mobile payments secure, private

Restaurant Breakfast Visits Grow

Lunch and dinner visits decline, reports NPD.  U.S. consumers cut back on their restaurant visits at lunch and supper in 2013, but increased their visits at breakfast for the fourth consecutive year, reported The NPD Group, a global information company. Over 12.5 billion breakfast visits were made to U.S. foodservice outlets last year, a 3%

Shoppers Want the In-Store Experience to Match Convenience of Online

Accenture study finds successful balance of in-store and online is key to driving growth across all channels. Even as online shopping continues to grow, more U.S. shoppers are planning to make purchases from physical stores, according to the results of the latest study of “seamless retailing” by Accenture. In a survey of 750 adult consumers,

InComm Sees Increased Demand for Digital Gift Cards

Sales of digital cards on ecommerce sites peaked on Dec. 24; shopkick delivered nearly seven times more digital cards than its average on Black Friday. InComm, a prepaid product and transaction services company, has released internal 2013 holiday data that demonstrates the rising popularity of digital gift cards and the success brands can have by

Conservative Consumer Behaviors To Remain In 2014

IRI MarketPulse Survey finds shopper sentiment declines in Q4 2013; 39% feel their financial situation is worse today than one year ago. After a year of sluggish economic growth in 2013, it is no surprise that consumers are beginning the new year with a conservative outlook. In fact, IRI’s MarketPulse survey found that shopper sentiment

GasBuddy Recognizes Lowest Gas Price Offerings

Costco and ARCO take top honors in annual survey. GasBuddy, a national gas price app, congratulates the top 25 lowest priced retail gasoline offerings, which together saved consumers millions of dollars on their yearly gasoline fill-ups in 2013. Each year, GasBuddy combs through nearly 35 million individual gasoline prices and compares each brand’s pump offering

Mintel Outlines 2014 Consumer Trends

Saving time and preparing for the unexpected are among top concerns for Americans. As 2014 begins, Mintel’s Consumer Trends Analysts Jennifer Zegler and Stacy Glasgow explained the four trends set to impact the American consumer market, examining the areas of commercial opportunity for brands—and what consumers will be buying into in 2014. Internationalism“In 2013, from

What’s in Store 2014 Reports On State of the Industry

Digital platforms and personalized promotions are encouraging the “de-averaging” trend. What’s in Store 2014, the latest edition of the annual trends publication of the International Dairy-Deli-Bakery Association (IDDBA), is an essential dairy-deli-bakery-cheese resource providing vital data on the growth, trends, and category changes shaping the food industry. What’s in Store 2014 is composed of six

Experian Points To Six Types Of Deal-Seeking Customers

Nearly 40% of U.S. consumers are unlikely to change their behavior as the result of a discount. A new report from Experian Marketing Services, a global provider of integrated consumer insight, targeting, data quality and cross-channel marketing, argues that while many consumers expect to get a deal or discount, others are willing to pay more,

Private Label, National Brands Have Opportunity For Mutual Growth

New IRI report shows private label and national brands each showing areas of strength. About one year ago, Information Resources Inc. (IRI) predicted that private label in the U.S. had hit a proverbial glass ceiling. This prediction has proven true, at least at the macro level, according to the latest IRI Times & Trends, “Private

Experian Study Shows Email Volume Growing

Email volume increased nearly 13% Q3 2013. Experian Marketing Services, a global provider of integrated consumer insight and targeting, data quality and cross-channel marketing, showed that overall email volume increased 12.7% in Q3 2013 versus Q3 2012, according to the Experian Marketing Services 2013 Q3 Email Benchmark Report. The cross-channel marketing leader also found that

Survey Shows Consumer Holiday Shopping Preferences

Some 51% of customers plan to use a smartphone app to compare prices and 31% say they would use a mobile wallet for their purchases. Twice as many Americans are planning to increase their spending during the 2013 holiday season compared to just three years ago, according to the Discover Holiday Shopping Survey commissioned by

Consumers Reveal Privacy Concerns With Loyalty Programs

“Reassurance of privacy is undoubtedly a key strategic tool in loyalty program engagement, but there is a paradox at play here between personalization and privacy,” notes one Mintel analyst. Enrollment in loyalty programs is on the rise across all retail categories, but soaring participation in retailer loyalty programs does not necessarily translate to ‘genuine’ loyalty

Survey Evaluates Caffeine Alternative

National survey shows 60% of Americans are seeking a caffeine alternative that reduces caffeine consumption without sacrificing desired energy boost. ChromaDex Corp., a natural products company that provides proprietary, science-based solutions and ingredients to the dietary supplement, food and beverage, animal health, cosmetic and pharmaceutical industries, announced the results of a cross-over clinical evaluation of

Rising Food Prices Impacting Grocery Choices

New study examines how consumers adjust grocery buying habits as food prices climb. Eighty-five percent of global consumers in an online survey say rising food prices will impact their choice of grocery products, according to a new study by Nielsen, a global provider of information and insights into what consumers watch and buy. “With the

Gas Price Fluctuations Fuel Convenience Channel Opportunity

Convenience stores with gas pumps average 277 fill-ups each day, IRI study finds. Volatile gas prices cause convenience store shoppers to think twice about fueling up and making in-store purchases. Unfortunately for convenience store marketers, control over gas price fluctuations is out of their hands. However, according to the latest IRI Point of View, “Gas

Hispanic Consumers Crucial To Adult Beverage Industry

Technomic study shows Hispanic spirits, wine and beer preferences and purchase habits will influence trends. At nearly 33 million, U.S. Hispanics of legal drinking age (LDA) are important adult beverage consumers, and their influence will expand rapidly. By 2015, Hispanics will account for 15% of the total U.S. LDA population. By 2045, one-quarter of the

Study Reveals Millennial Brand Attitudes

Millennials are found to be surprisingly pragmatic when it comes to forming their perceptions around brands. Concentric Marketing, a consumer packaged goods marketing and research firm, has released the results of a recent study they conducted around brand attitudes, shopping habits and preferences of Millennial consumers. The results reveal some divergence from some of the

Economic Pessimism Growing As Summer Ends

As Labor Day approaches, gas prices are a major reason for consumer pessimism. Nearly 6 in 10 consumers (58%) noted that they are pessimistic about the economy, according the latest monthly NACS Consumer Fuels Survey. The latest numbers are in stark contrast to early July, when consumer pessimism was at 52%—the lowest level of the

Card Spending Growth Solid in July

First Data releases July 2013 SpendTrend Analysis. First Data Corp., a global leader in electronic commerce and payment processing, released its First Data SpendTrend analysis for July 2-30, 2013 compared to July 3-31, 2012. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations.

Meat Alternatives Grow In Popularity

Only a fraction of consumers are actually vegetarians, reports Mintel.             Only a few years ago, tofu, tempeh and seitan were barely known in the culinary world. Now, they are on grocery store shelves across America and being cooked up in the average (and often non-vegetarian) kitchen. In new research released from Mintel, only 7%

Consumers Settling Into New Normal

IRI MarketPulse Survey finds budgeting has become a way of life for consumers. The “Great Recession” officially ended in 2009, but budgeting is still on the menu for consumers even though they have a sunnier outlook on the economy and their personal finances. In fact, results from Information Resources Inc.’s (IRI) Q2 2013 MarketPulse survey

Capturing Latino Customers

Insights from new study help retailers compete for Latino $1.3 trillion buying power. Every 30 seconds, a Hispanic turns 18 years old in the U.S., amplifying the influence of the country’s fastest growing ethnic minority. A new study called “The Multi-Cultural Latino Consumer” finds that though Latinos are far from homogenous, diverse segments overall stay

Burger Consumption On The Rise

New Technomic report examines factors driving more customers to eat burgers more often. Consumers are eating burgers more often than ever before, according to new research from Technomic. The overwhelming majority of consumers (95%) say they eat burgers at least once a month—and cravings are driving this high consumption. Half of consumers (49%) cite cravings