Economic Pessimism Rises

Fuel prices are not the only factor considered by consumers when it comes to economic optimism. A new consumer survey from the National Association of Convenience Stores (NACS) has revealed that, despite the fall in gas prices to below $2 per gallon, the majority of Americans remain pessimistic about the overall economy. Overall, 47% of

New York Minimum Wage Increase May Do More Harm Than Good

New York governor calls for a devastatingly high minimum wage increase. The New York Association of Convenience Stores has informed the Senate that the $15-an-hour statewide minimum wage being pushed by New York Governor Andrew Cuomo would backfire in the form of fewer jobs, reduced hours and benefits for remaining workers, higher prices for consumers,

How to Enhance Loyalty Programs to Attract Millennials

Millennials are a crucial part of the U.S. consumer base, and earning their loyalty is critical. Millennials represent 25% of the U.S. population and more than $200 billion in annual spending. The “What Drives Millennial Loyalty” report by Excentus has revealed that this 18-34 year old demographic is willing to join rewards programs to save money

How Americans Are Managing Their Diets in 2016

Weight-control products lose momentum as U.S. consumers adopt more practical dieting techniques. New research from Mintel has revealed that this New Year has fewer Americans starting the latest fad diet, as 91% of U.S. consumers believe it is more sensible to eat a well rounded diet than to use diet products. What’s more, sales of

How Lifestyle Changes Trump Dieting

Although dieting has been on the decline over the last decade, consumers are still concerned with losing weight, they are just going about it differently. The NPD Group has discovered that U.S. consumers today prefer living healthier lifestyles as opposed to restricting their habits with dieting. The NPD’s recently released annual compilation of food and

Holiday Grocery Spending Increase

Consumers planned to spend more on groceries this year than last, and many chose to purchase name brand over private labels for holiday meals. A new consumer study from Acosta revealed that 57% of shoppers who were surveyed planned to spend more on groceries during the 2015 holiday season, as compared to 2014. Acosta’s shopper survey,

NPD Group Reveals 2016 Eating Trends

Clean eating is expected to beome more prominent in the New Year. Research from the NPD Group has revealed that consumers will focus on foods that are “real” or “clean” in the coming year, whether they are eating in or away from their homes. Natural, fresh and preservative-free are attributes that consumers will look for

Fueling Innovation in 2016: Top 5 Trends in Convenience Retail

By Marek Polonski, senior vice president, Applied Predictive Technologies Over the past 12 months, the industry has been abuzz with M&A activity, new in-store technologies and oscillating fuel prices. As the rate of innovation continues to increase, there will be a number of opportunities for convenience retailers to gain a competitive advantage, but only if

Yogurt Industry Grows

Claims that the yogurt market is cooling off couldn’t be more wrong. Data studying year-over-year growth rates has revealed that yogurt retail sales have been on the rise over the last year, despite recent claims that this market is cooling. According to a report from Food Navigator USA, the growth rate in the yogurt industry

Holiday Gifts for the Home

NPD has revealed the hottest home gifts being purchased this holiday season. The NPD’s Checkout Tracking services has revealed an increase in products for the home being purchased during the holiday season. “Products for the home are leaving their mark on Holiday 2015, driven by new introductions, innovation and design – the same things that

Black Friday Versus Thanksgiving Day Shopping 2015

Data has shown that fewer consumers spent both Thanksgiving Day and Black Friday shopping this year. This year, more consumers chose to take advantage of only one of the big holiday retail days. Only 39% of consumers opted to venture out on both Thanksgiving and Black Friday, which is down from 46% in 2014. Black

How to Appeal to the Ethical Consumer

Purchasing goods labeled “ethical” makes consumers feel good, but there is confusion among consumers about what these labels really mean. New research from Mintel has revealed that ethics continues to grow in importance when it comes to a company’s reputation, especially considering that public opinion can now go viral in an instant. New research from

GMDC and Nielsen Release Hierarchy Data Set

New data from GMDC and Nielsen provides optimistic forecast for grocery retailers. The Global Market Development Center and Nielsen have released the much anticipated, latest refresh of its proprietary GMDC/Nielsen General Merchandise Hierarchy data set. The data provides a detailed look at sales and trends across GM in the food and drug channels and extends

Digital and Mobile Gift Cards On the Rise

The majority of consumers intend to purchase two or more gift cards online or by mobile means this holiday season.  InComm has recently released research highlighting consumer shopping trends for purchasing digital and physical gift cards from Websites and mobile devices. Of the consumers surveyed, 89% have purchased two or more gift cards by online

Breakfast Cereals Market Trends

The hot cereals market is expected to grow significantly by 2019. The Breakfast Cereals Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019, a new report published by Transparency Market Research (TMR), has revealed that the global breakfast cereals market is in a state of growth. The global breakfast cereals market

Thanksgiving Voted Second Favorite Holiday

Regardless of age, race, political beliefs and gender, Christmas remains the top holiday for Americans.  As America becomes increasingly diverse, traditions may be expected to change, but research suggests that time-honored traditions remain strong. Despite annual outcries about a supposed war on Christmas, it’s still Americans’ top pick (by a wide margin) when naming their

How Customers Feel About Thanksgiving Day Shopping

Consumers are speaking their minds about shopping on holidays. A commissioned study from Retale has revealed anticipated consumer shopping behavior on Thanksgiving Day and Black Friday. Retale is a location-based mobile platform that conveniently helps shoppers save on purchases from their favorite retailers and brands, and their recent study polled 1,000 adult women and men across the U.S.

How Customers Are Shopping This Holiday Season

The NPD Group has revealed how consumer shopping habits are evolving. Research from The NPD Group has revealed that more consumers will start shopping earlier, a higher percentage of shopping will take place online and more growth will be seen among the top categories purchased compared to last year. Half of all holiday shoppers plan to start their

How Americans Are Gearing Up For Holiday Shopping

Research has revealed that more U.S. consumers plan to increase spending this holiday season. Increased optimism around consumers’ personal finances has led to a dramatic increase in consumer spending expectations this holiday season. This year’s Accenture Holiday Shopping Survey has revealed that 40% of consumers plan to spend more on holiday shopping this year, versus just 25% saying the

Will Recent Study Impact Meat Consumption?

Will consumers cease to consume food products that are linked to cancer? A recent study from World Health Organization has revealed a link between processed and red meat consumption and cancer. These results have raised the question as to whether consumers will reduce their intake of these foods? If history repeats itself, the study will have little impact

How Holiday Shopping Trends Are Evolving In 2015

A category shift has shoppers searching for much more than gifts this holiday season. Deloitte’s 30th annual holiday survey of consumer spending intentions and trends has revealed that, this year, holiday shopping may focus less on putting gifts under the tree than years past. The survey has also found that holiday shopping traditions may be changing,

Consumer Trends 2016

Consumer trends have a number of influences that could reshape the entire market. There are new food and drink trends on the horizon for 2016. Mintel Global Food and Drink Analyst Jenny Zegler discusses how these top trends are set to impact the global markets for both consumers and brands in the coming year. Alternatives Everywhere “Veggie

New Excise Tax Impacts Company Health Policies

The Cadillac Tax drives employers to reevaluate health care benefits. The American Health Policy Institute (AHPI) has released the “ACA Excise Tax: Cutting Family Budgets, Not Health Care Budgets,” report. This report contains an analysis of employer trends in response to the looming high-cost excise tax. AHPI conducted two new surveys of large employers, in June and September of

How Nutrition Trends Are Changing

Consumers are being taken back to the future with new nutritional trends. In recent years, everything that was believed about fat and cholesterol in foods has changed. Recent reports have revealed that the consumption of cholesterol has little impact upon the cholesterol in our blood, and therefore it should not be avoided in an attempt to lower cholesterol. A

How Consumers Are Showing Interest in Specialty Foods

The range of specialty food consumers has widened considerably in recent years. The specialty food category is growing in popularity and attracting new consumers. Men are among the category’s growing fan-base, as well as some less affluent shoppers. These groups are interested in a variety of products like artisanal cheese and single-origin chocolate. Along with these