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

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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

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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

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U.S. Hispanics More Likely to Purchase Groceries at C-Stores

NPD report examines the c-store shopping behavior of Hispanics. U.S. Hispanics are more likely to purchase grocery foods, dairy, and bread from convenience stores (c-stores) than non-Hispanics, reports The NPD Group, a  global information company. Spanish-dominant Hispanics are more likely to make grocery item purchases at c-stores than other Hispanics, according to the NPD report

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New Technomic Report Shows Fast-Casual Industry Growing

“Fast casual has become a $31 billion segment since Chipotle began reinventing fast food 20 years ago,” says executive vice president of Technomic. According to Technomic’s “Top 150 Fast-Casual Chain Restaurant Report,” fast casual makes up just 14% of the total $223 billion limited-service restaurant segment, but its sales continue to outpace other operators. Fast-casual

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U.S. Hispanics Influence What America Eats at Lunch

U.S. Hispanics have increasing influence on the foods America eats at lunch—their largest meal of the day, reports NPD. Following a Hispanic cultural tradition, U.S. Hispanics have their largest meal of the day at lunch and consume more of these meals in the home than away-from-home. As a result, this large population group is influencing

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Visits and Spending at Convenience Stores Increase

NPD report finds rewards and loyalty programs are gaining traction among major oil chain shoppers. Consumers are finding value in convenience stores as evidenced by a modest 2% gain in consumer traffic, which led to an increase of nearly 6% in dollars compared to the same quarter a year ago, according to The NPD Group,

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Sweets And Snacks Expo Showcases 2013 Trends

Comfort, spice and little bites dominate candy and snack category trends. The 2013 Sweets and Snacks Expo, presented by the National Confectioners Association (NCA) took place in Chicago at McCormick Place May 21-23. The show brought together more than 15,000 manufacturers, buyers and industry leaders from 70 countries. More than 600 companies debuted treats, and

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Kids, Teens Are Top Snackers

Women outpace men when it comes to convenience snacking, according to NPD report. The typical American eats more than 1,000 snack-oriented convenience foods throughout the year, and kids and teens are the heaviest users of this assortment of snacks, which include fresh fruit, sweet, and savory snacks, reports The NPD Group, a global information company. 

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Study Finds Diverse Hispanic Market

New study provides insight into cultural duality and its impact on consumer behavior. “To know thy own target audience” could be the mantra of today’s successful marketing campaigns. Hispanic Millennials, GenXers and Boomer generational segments have unique consumer buying patterns. How they view the marketplace is influenced by a combination of macro-trends of their respective

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Hispanic-Americans’ Coffee Consumption Growing

NCA study shows overall coffee consumption jumped 5% this year. A recent study by the National Coffee Association (NCA) found Hispanic-Americans are leading the way in growing coffee consumption in the U.S., while the number of adults under 40 who drink coffee on a daily basis has dropped, Reuters reported. The National Coffee Drinking Trends

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NPD Reports Strong Q4 For C-stores

C-store outlook positive for 2013. Visits to convenience stores increased by 4.6% in the fourth quarter of 2012 compared to the same quarter a year ago, reflecting positive movement in some key economic indicators and lower gas prices in the last quarter of the year, according to The NPD Group, a leading global information company.

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Marketing To Hispanic Men

“Everywhere we look marketers are directing their focus on Latinas, but brands are forgetting to talk to Hispanic men,” says Mintel analyst. While the Hispanic population is growing at a fast pace in the U.S.—and with them their purchasing power—it seems in the last few years much of the focus has been on Latinas, neglecting

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Emerging Merchandising Trends

“Smartphones, digital coupons, online retailers and the Internet combined with financial pressures and shifting marketplace dynamics are forever changing how consumers shop,” says editor of Times & Trends. Consumers have drastically changed their approach to grocery shopping during the past decade. They combine online and offline planning with in-store visits and make more informed and

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Millennials Contradict Slacker Stereotype

Gen Y showing more intensity and resiliency in job search, Snagajob data finds. Millennials are proving more ambitious in their job searches, re-engaging at a faster rate and applying for more jobs compared to older job seekers, according to Snagajob, America’s largest hourly employment network for job seekers and employers. Snagajob, which hosts more than

Improving C-store Operations with Network Automation

Better ROI on staff-time, fuel operations, maintenance and more Ensuring a great customer experience is a critical component for increasing store sales, but that is challenging because of staffing issues.  Hiring good people and keeping them on board is top of mind for many companies, but the store employees are really just part of the

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Mintel Announces Four Biggest Foodservice Trends

In 2013, customers to remain ingredient conscious and innovation to continue to evolve the beverage category. The restaurant industry continues to make gains and consumers are feeling more confident about spending their discretionary dollars on dining out. So, what will they be looking for this year when they sit down at their favorite eatery? Mintel

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Smoking Cessation Sales Hit $1 Billion

More Americans vow to quit in 2013, reports Mintel. New Years resolutions are sure to include “quit smoking” this year, and there are plenty of smoking cessation products on hand to help Americans quit, and according to a new report from Mintel on smoking cessation aids, people are expected to use them. Sales of smoking

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