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IRI EXECUTIVE INSIGHTS
4/20/2009
Dissecting the Downturn Generation: Recognizing and Leveraging Permanence in Today’s Transformational Economy
Experts have made so many prognostications about the recession’s duration that at least a few are bound to be correct. But the central question for the consumer packaged goods (CPG) industry focuses not on when the recession will end, but how shoppers will behave five, 10, and 20 years into the future. IRI forecasts that today’s shoppers will adopt many of the practices Depression-era shoppers implemented both to weather the recession as well as to keep a close eye on spending long after the recession ends. IRI has dubbed these shoppers the “Downturn Generation.”
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2/24/2009
The Affordability Report
During the current U.S. recession, change in consumer spending is happening faster, more frequently, and is less predictable than ever before. Within the CPG industry, escalating prices and stagnant wages have bred exceptional price sensitivity, resulting in lower demand in many categories, growth in private label / lower-tier brand share, and accelerated channel migration.
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2/23/2009
Discovering and Leveraging the Real Truth on Shopper Behavior in the New Transformational Economy
Today’s economy and the profound transformation occurring are perhaps the most widely discussed topics in the last decade. Consumer packaged goods executives at all levels at both manufacturers and retailers feel first hand the effects of rising food commodity prices, the consumer’s shrinking wallet, spiking energy costs and the other symptoms of today’s economic malaise.
Also clear are shoppers’ behavioral changes as a result of the ongoing economic transformation. Consumers are turning to private label, substituting hamburger for steak, opting for smaller portions and following other budget-stretching strategies discussed in multiple IRI Times & Trends Reports issued throughout 2008. Less obvious, however, is when the economy will level off and start to grow again, as well as the time necessary for consumers to regain their shattered confidence.
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2/11/2009
2009 Private Label Report
The 2009 Private Label Report from the IRI Consulting and Innovation Group allows progressive retailers and manufacturers to optimize their private label strategies in today’s tough economy.
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2/4/2009
The Lower Income II Report
Retailers and manufacturers need to understand that lower incomeshoppers are not a homogenous group of shoppers but that critical differences exist in the spending patterns and attitudes of lower income micro-segments. They need to better understand these differences so that they can use this insight to uncover major business opportunities during the current recessionary period.
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WHAT'S NEW IN EXECUTIVE INSIGHTS
4/20/2009
FEATURE ARTICLE
Dissecting the Downturn Generation: Recognizing and Leveraging Permanence in Today’s Transformational Economy
2/24/2009
FEATURE ARTICLE
The Affordability Report
2/23/2009
FEATURE ARTICLE
Discovering and Leveraging the Real Truth on Shopper Behavior in the New Transformational Economy
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