Millennials started a trend of using pantry and refrigerator items as social signalers, in the same way they might wear a designer label on their clothing.
In FMI's “Power of Private Brands 2023” report, 53% of consumers said private label offerings are very or extremely important in determining where they shop.
Walmart is on the verge of upgrading its delivery program to track consumer shopping and consumption habits with AI to automatically restock items without customers visiting a store.
A recent survey found the average American has only 52 total minutes per day to prepare, eat and enjoy their meals, with one-third of consumers saying they have less than 30 minutes to prep and enjoy meals.
The trend of small, at-home social gatherings has continued post-pandemic, with over 58% of consumers preferring more intimate gatherings over large events, the study found.
A study found that 69% of consumers are interested in chocolate with healthy ingredients, 74% want snacks that are nutritious and energizing and 71% want chocolate that supports their mental health.
Higher interest rates, reduced savings and fewer government benefits from SNAP are impacting how consumers spend their money and, in turn, strategy, Kroger's CEO said.