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New survey finds three-quarters of consumers are positive on store brand products quality; highlights role of lower-income shoppers
According to a new study from Information Resources, Inc. (IRI), the leading global provider of consumer, shopper and market insights for the consumer packaged goods (CPG) retail and healthcare industries, nearly 75 percent of all U.S. consumers rate private label offerings as excellent in overall quality, with older and lower-income shoppers leading the way.
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Experts to Converge for Marquee Forum on Shifting CPG Trends and Driving C-Store Success
Information Resources, Inc. (IRI) today announced a landmark addition to its Reinventing CPG and Retail Summit 2008 conference in Orlando, Florida, March 3 - 5, featuring unfiltered industry insights of key convenience industry luminaries from 7-Eleven, BP AM/PM, Anheuser-Busch, Coors Brewing Company, and CSP Magazine.
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Thom Blischok Examines Today’s Dynamic Marketplace and Uncovers Ways to Re-invent the Future of Convenience Retailing
What will convenience stores look like 10 years from now? Answering this question is less about making predictions and more about inventing the future. Retail expert Thom Blischok takes a closer look at today’s dynamic convenience retailing environment and provides a complete review of the consumer, manufacturer and retailer perspective in his presentation “Re-Imagineering Convenience Retailing.” Blischok also looks into his crystal ball to discover the essential principles for inventing the future.
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Supercenters regain ground in slowed economy as emerging CPG innovations take center stage
The elevated price of retail consumer packaged goods (CPG) was the industry’s most significant story in 2007, according to a report released today by Information Resources, Inc. (IRI), the leading global provider of consumer, shopper, and market insights for CPG, retail and healthcare industries. Sky-rocketing ingredient costs and energy prices pushed CPG prices up by 4.2 percent, with double-digit increases occurring across a variety of categories, including mainstays such as milk, eggs and refrigerated juices. The IRI study details how the largest price increases in recent memory prompted changed spending patterns, with U.S. consumers turning to supercenters, such as Wal-Mart, and private label products in search of lower prices.
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Reader’s Choice survey recognizes IRI with second consecutive No. 1 vendor ranking
Information Resources, Inc. (IRI), the leading global provider of consumer, shopper, and market insights for the consumer packaged goods (CPG), retail and healthcare industries, announced today that it has been ranked the top solution provider for Demand Data Analytics by Consumer Goods Technology magazine’s recent Reader’s Choice survey. IRI was also recognized as the top demand data analytics vendor by the poll in 2007.
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Presentation Reviews Industry’s 2007 Performance and Uncovers Top Consumer Trends for Skin Care, Makeup and Fragrance
The overall beauty category in the mass marketplace has enjoyed five years of solid dollar growth driven by increasing product quality, an abundance of new product launches each year, and a diversified consumer audience willing to pay a rising average price to help them look and feel their best. However, this growth trend, which is built on an indulgence premise, is decelerating, reaching only $382 million in growth during 2007 compared to $910 million in 2006. Health and wellness products are continuing to evolve, with the leading health and beauty care growth coming from core healthcare, personal grooming, beauty, and pro-active healthcare over-the-counter products. Skin care products remained very popular with consumers, but cosmetic growth continues to remain flat for the third year in a row and fragrance sales have declined as well. To help the beauty industry take a closer look at its complex market, beauty industry trend expert Leigh Anne Rowinski is presenting “The 2007 Beauty Industry Year-End Review.” Rowinski will review the performance and trends for 2007 and discuss the top consumer trends for skin care, makeup and fragrance for the beauty industry to come in 2008.
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Survey shows nearly half of U.S. consumers are guided by environmentalism and fair-treatment values
Approximately 50 percent of U.S. consumers consider at least one sustainability factor in selecting consumer packaged goods (CPG) items and choosing where to shop for those products, according to a recently released survey conducted by Information Resources, Inc. (IRI). The 22,000 U.S. consumers surveyed were asked to determine the impact of four key sustainability features in their product and store selection—organic, eco-friendly products, eco-friendly packaging and fair treatment of employees and suppliers. One-fifth of those surveyed were determined to be “sustainability driven,” taking at least two sustainability factors into account when making their selections.
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IRI Provides Complete Census Coverage of Save Mart’s 248 Stores and Adds Two Banners; Enhanced Coverage Helps Save Mart and Supplier Partners Gr
Information Resources, Inc. (IRI) today announced that it is expanding its relationship with Save Mart Supermarkets, a supermarket chain that operates 248 stores in Northern California and Nevada.
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IRI Report Uncovers Growth Opportunities for Retailers and Manufacturers that Get Ahead of Consumer Demand
The latest IRI Times & Trends Report, “The Healthy Eating Evolution” finds that consumer packaged goods (CPG) manufacturers and retailers can accelerate the shift to healthier lifestyles by getting ahead of consumer demand and making healthy eating easy, affordable and accessible to all.
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Industry Leaders and Visionaries to Reveal Leading Edge Approaches to Unleash Growth
Information Resources, Inc. (IRI) today announced plans for the fifth annual IRI Summit 2008, an action-oriented forum built around the latest breakthrough and transformational thinking in market information, analytics, technology, and customer-driven strategies from the leaders and pioneers in the consumer packaged goods (CPG), retail and healthcare industries.
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