Younger millennials are outspending older generations in food dollars, while older cohorts are more likely to be using a number of money-saving tactics to keep food bills manageable, according to IRI Consumer Connect survey findings. “Younger millennials have been lulled by the historically low unemployment rates, which is boosting their overall confidence,” said Joan Driggs, […]
Major opportunities remain in meat and poultry, though not in the usual ways or for the usual players, according to U.S. Food Market Outlook 2019, a report by market research firm Packaged Facts. Leading players have done much to innovate in meat and poultry with new and acquired products that offer premium farm-to-table experiences with […]
Valassis has released new research on how today’s moms shop and make purchase decisions for food, household goods and health and beauty care (HBC) items. Interestingly, amid the changing grocery landscape and with the growing availability of shopper-friendly technology, 2K19 Coupon Intelligence Report findings show moms are still shopping brick-and-mortar retail. When it comes to […]
Millennial and Gen Z consumers are more loyal to physical stores than older generations according to a study by Oracle NetSuite, polling services firm Wakefield Research, and consulting firm The Retail Doctor. In fact, 43% of millennials and Gen Zers are likely to do more in-store shopping this year than online shopping, compared with 29% […]