Inflation not only took the headlines for the Easter holiday, but also dominated everyday spending.
The U.S. consumer price index increased +7.9% for the 12 months ending February 2022. This was the largest 12-month increase since July 1981, according to the Bureau of Labor Statistics.
Associated Wholesale Grocers, Inc. (AWG), the nation’s largest cooperative food wholesaler to over 1,100 independent companies and over 3,200 supermarket locations in 28 states, and IRI, a fast-growing global technology leader in innovative solutions and services for consumer, retail and media companies, today announced a strategic partnership to launch AWG Partner Gateway, a portal to enable integrated and seamless collaboration between AWG members and their vendor partners using IRI Liquid Data technology.
November 2021 picked up where October left off: grocery shopping and food consumption patterns remained in flux, especially as holiday purchases started much earlier.
Just 9 percent of consumers don't plan to have a Thanksgiving celebration this year, and a third of shoppers are stocking up early.
IRI, a global leader in innovative solutions and services for consumer, retail and media companies, today released the latest insights on Thanksgiving-related grocery trends, expanding on the findings published on Oct. 21 and Oct. 27, 2021.
Fruit is still holding above 2020 and 2019 levels, but we're seeing signs of inflation pushing the fresh share of dollars higher.
Fresh produce generated $5.3 billion in sales during the four February weeks. This reflects $169 million in additional fruit sales and $314 million in additional vegetable sales in February 2021 versus a year ago.
New Year's resolutions, pandemic style, are good news for the produce department.
In December, consumers’ trip frequency fell below last year’s levels, much like it had in early April, while e-commerce transactions made a return to spring levels.