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Economy Permanently Changes Shopping Habits

The ongoing economic recession has permanently altered the food and CPG shopping habits of U.S. consumers, according to a new study from Deloitte.Caution will Outlast Recession Statistics from the "2010 Great American Pantry Study" indicate that even when the current recession finally ends, US consumers plan to maintain the more cautious and bargain-oriented shopping habits they have...
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Discount, Dollar Stores Creep Up Top 100 Retailer List, Walmart Remains No. 1

The nation’s top retailers managed to hold on to their coveted spots, even with the troublesome economy, but a new group of companies are sneaking onto the playing field, according to an annual ranking of retailers by sales. With the economy putting a huge dent in consumers' budgets last year, discount and dollar stores became much more attractive to the American family, according to...
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Supercenters, E-commerce Will Gain CPG Dollar Share

The mass supercenter and e-commerce retail formats will gain substantial CPG dollar share in the next five years, according to the “Retail 2015 Forecast” from The Nielsen Company.Mass supercenter, which had a slightly less than 10% dollar share of the CPG retail channel in 2009, will grow its share to about 12% by 2015. E-commerce will increase its CPG dollar share from about 4% in...
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Overall CPG Retail Assortments Shrink 1%

In 2009, the average food channel store decreased SKU variety by 1%, according to a recent survey from The Nielsen Company.4 in 10 Food Retailers Trim Assortment Results of the March 2010 “Nielsen Retailer Assortment Survey” indicate that in 2009, 40% of food retailers surveyed claimed to have decreased assortment roughly 5% on average. One-third of retailers...
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Environmental Update: Wal-Mart, Fresh & Easy, Office Depot

Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.Wal-Mart Makes Progress on Sustainability Goals Wal-Mart has met several sustainability goals including its global target to design and open a store prototype that is up to 25 to 30 percent more efficient and produces up to 30...
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Consumers Use Web, Mobile Devices for Food Info

Consumers are increasingly using the internet and mobile devices to obtain information about food, and are also more educated and confident about food safety, according to [pdf] a recent survey by Deloitte.The “2010 Consumer Food Safety Survey,” Parts I [pdf] and II, measures U.S. consumers’ food-related behaviors in regard to usage of the internet and mobile devices and awareness...
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Consumer Brand Loyalty Declines

U.S. consumers are significantly less loyal to their favorite brands today than they were two years ago, according to comScore ARS research.Consumers Don’t Buy Preferred Brands comScore evaluated the change in brand loyalty within a number of consumer goods categories, including health & beauty aids, OTC medications, apparel, food, household products and housewares. As...
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Wal-Mart Thinks Small

In an effort to increase its presence in urban areas and respond to competition from discount supermarket retailers, discount retailer Wal-Mart plans to open new grocery-focused stores in a much smaller format than its typical retail locations.As reported by the Wall Street Journal, Wal-Mart is concerned about the success of low-price supermarket chains such as extreme discount retailer...
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‘Must Have’ and ‘Easy to Eat’ Displays Work Best

In-store promotional displays of inexpensive products that fall into the “must have” and “easy to eat” categories work best, according to research from The Nielsen Company.Necessity, Ease, Price Drive Successful Display Promotions Products that provide the most lift in display promotions optimally have a unit cost of less than $5 and can be considered...
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Hispanics Create More than Half of Food Growth

Hispanics have become the most important U.S. demographic growth driver in the food, beverage and restaurant sectors, according to data from Hispanic market research firm Latinum Network.Hispanics Outspend All Other Groups in Food The U.S. Hispanic segment made up more than 50% of real U.S. food, beverage and restaurant growth between 2005 and 2008, generating $52 billion of new...
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