Fresh bakery sales are thriving in today’s “new normal,” ranking in the top three departments storewide as shoppers seek to elevate more frequent at-home meals and enjoy affordable indulgences in the face of economic uncertainty.
Nearly three in four beef-eating Americans can’t imagine giving up the taste of beef, and more and more are interested in beef with claims, according to new research from Midan Marketing.
Daymon’s 2022 Consumer Holiday Study, a survey conducted in October, found that 42% of Gen Z and Millennial consumers are hosting their own holidays this year, and their holiday shopping behavior is different than the older generations.
Consumers rank food and beverage as one of the most important industries when it comes to environmental impact, but many are unable to articulate what makes a product in the category sustainable.
In 2022, American consumers are expected to spend an all-time high of 10.6 billion dollars for the Halloween season, according to Statista. This would be an increase of about half a billion dollars from last year.
Target Corp.’s food and beverage unit continues to serve as an engine for growth, recording 20 straight quarters of market share gains, said Brian Cornell, chief executive officer for the company.
One of the main differences between the produce departments of yesterday and today, said Anne-Marie Roerink, principal of San Antonio-based 210 Analytics, is the enormous surge in packaged and value-added products.
In its most recent Feedback Group national grocery shopper survey, conducted in May 2022 with more than 1,200 instore shoppers, Lake Success, N.Y.-based Retail Feedback Group found that produce is the second highest rated department, in terms of satisfaction, across all channels, with a rating of 4.29 on a five-point scale and with 51% of those surveyed rating it a five.