Tag: consumer trends

Nearly half of Americans (45%) feel like they can't afford their previous lifestyle and 76% of American consumers say their family has changed how they buy food with prices on the rise.

Information Resources, Inc., which recently merged with The NPD Group to create a leading global technology, analytics and data provider, today released new insights about food inflation and its impact on consumer shopping behavior.

Numerator, a data and tech company serving the market research space, has released its latest inflation insights and shopping behavior index to measure the impact of rising prices on consumer behavior.

Month-after-month inflationary pressure is causing consumers to change their buying pattern, and when it comes to food, that means more stops to dollar stores and seeking often-cheaper private labels.

Near, a global SaaS leader in privacy-led data intelligence on people, places, and products today announced its The New World of Consumer Behavior: Restaurants 2022 report, which highlights significant shifts in consumer behavior from the onset of the pandemic to today.

Rising inflation and gas prices has reached consumer spending, according to a new report from Placer.ai. 

FMI – The Food Industry Association, the trade group representing food retailers and their supply chain partners, released Part III of its U.S Grocery Shopper Trends 2022 series, titled “Navigating A Hybrid World.”

Key findings from the first report, covering the month of May, include the fact that consumer prices for food, personal care, and household items are up 13.9% compared to a year ago, and inflation in these categories is rising at a higher rate than previously reported by officials.

After more than two years of decreased traffic to dining, travel, and retail locations due to the COVID-19 pandemic, new data shows that U.S. consumers are back on the go; however, spending at these types of locations is nearly unanimously down compared to a year ago.

I’ve read a few reports lately that, while they are foodservice-focused, raise concerns for grocery retailers as we round the corner into summer and beyond.