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10/29/2008

Consumers to Open Their Wallets and Enjoy the Holidays, New IRI Survey Finds

74% Will Give the Same or More Gifts, 6 of 10 Will Give as Many or More Expensive Gifts; Shoppers to Increase Use of Promotions to Keep Up Appearances
Shoppers are tired of bad news and will open their wallets this holiday season, new research announced by IRI today reveals.  Consumers also cited an increased importance of holiday rituals as they take comfort with friends and family and noted that they plan to make better use of merchandising and promotions to maintain appearances. IRI is the leading global provider of consumer, shopper, and market insights for the consumer packaged goods (CPG), retail, and healthcare industries.

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