Tag: consumer trends

A survey of grocery shoppers’ spending habits and attitudes by FMI – The Food Industry Association, conducted by The Hartman Group, reveals that while U.S. shoppers remain concerned about rising food prices, consumers are less likely to cut back on the number of items they purchase.

FMI – The Food Industry Association today released the Power of Produce 2023 report at the Southeast Produce Council’s annual Southern Exposure event, revealing produce department sales grew 4.8% to $74.5 billion in 2022 even as inflation increased the price of fruits and vegetables.

Inmar Intelligence, a leading data platform company, recently released its 2023 Spring Trends Guide, which shows that incentives — along with a supporting omnichannel media strategy — will be crucial to success for brands that want to win shopper dollars this spring.

61% of consumers are concerned about their financial situations, with Millennials and Gen X being the most worried, and Boomers the least. To navigate these pressures, almost half (44%) of consumers say they are reducing their overall spending; an increase from 33% of respondents who said the same in November 2020.

Technomic released its latest Canada foodservice trends forecast, What We Foresee for 2023, sharing predictions for the upcoming year, as well as the 2023 Global Restaurant Trend Forecast, which dives into trends on a global scale.

Consumers are faced with the harsh reality of paying more to get less at the grocery store this holiday season.

Technomic released its latest U.S. whitepaper, What We Foresee for 2023, sharing its foodservice industry trend predictions for the upcoming year.

Customers who had a positive online grocery customer experience were 2.2 times more likely to use that service more often than those who had a negative experience, according to Omnichannel Shopper Behavior Report 2022 Vol 3, from Mercatus, fielded October 6 - 10, 2022.

Fetch, America's No. 1 rewards app and leading consumer-engagement platform, today released the latest installment of its Fetch Price Index report, finding that average prices for food and consumer goods are up 12.5% compared to last year.

With the official start to the crucial holiday shopping season merely weeks away, a new study has revealed that senior retail leaders are more pessimistic about consumers’ confidence to spend in the face of rising inflation than consumers themselves indicate.