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.
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%
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
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
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
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
“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
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
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,
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
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.
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
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
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.
“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
“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
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
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
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
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
Festive stats ring in the new year. Chicago-based research firm Mintel presents a number of interesting holiday stats in categories ranging from food to shopping to personal care. Food, Spirits and Baking Habits • More than nine in 10 (91%) Americans made some sort of festive-related purchase last year (2011) whether it was holiday food (61%),
If turkey wants to continue its impressive growth it needs to offer the level of innovation being seen in the chicken parts segment, notes one Mintel analyst. When it comes to poultry sales, chicken rules the roost, but this holiday season, turkey is giving chicken a run for its money. According to new research from
Sweet wines and flavored whiskey, among trendy adult beverages in 2013. Technomic has tapped its analysts, consultants and experts to highlight the trends shaping the drinks business in 2013. Based on ongoing research into spirits, wine and beer volume and sales, as well as surveys, interviews and discussions involving brand marketers, on-premise and retail operators,
Harris Poll finds few Americans display a strong interest in replacing their own cash or card transactions with the tap of a smartphone, but still see smartphone payments as the wave of the future. Just imagine it: you’re holiday shopping, or perhaps ordering a drink at your favorite coffee shop. While the gift wrappers start
Chips and fresh fruit follow candy as top seasonal snack purchases. Visions of sugar plums and all other types of candies are dancing in the heads of not only children but adults too during the winter holiday season, according to a holiday snacking report by The NPD Group, a global information and advisory services company.