Despite the growing popularity of alternative diets, the meat and poultry diets are poised for growth. The annual “Meat and Poultry: U.S. Retail Market Trends and Opportunities” report from Packaged Facts has revealed that, despite the increase in the number of Americans turning to vegetarian and flexitarian diets, the market for meat and poultry remains…
What’s Driving Retail Sales in 2016?
Technology is rising to the top of the list of influences on the current retail market. A new market brief from Synchrony Financial has revealed the top 10 trends that are expected to impact retail sales in 2016. The retail environment is in a constant state of change, and in addition to consumer and retailer…
Retailers Name Data Security Top Priority
A special report from Boston Retail Partners has revealed the impact of security breaches on retailers. A new report from Boston Retail Partners (BRP) has revealed that the threat of data security breaches is consuming retailers’ resources. 53% of retailers are planning to implement EMV compliance (Europay, MasterCard and Visa) within the next 12 months;…
Food and Beverage Trends Continue to Shift
Consumer consumption patterns are forcing major food companies to evolve to meet consumer needs. New research from The NPD Group has revealed that evolving attitudes and behaviors have caused a shift in which foods and beverages consumers choose. Fewer dishes and ingredients are being used in meal preparation, and the number of food and beverage…
2016 Products of the Year Announced
Product of the Year USA has named the products that are expected to have an edge for success in the coming year. The 2016 award winners of the Product of the Year USA have been announced. Product of the Year USA is the largest consumer-voted award for product innovation, polling the votes of over 40,000…
C-Stores and Gas Stations Vulnerable to Data Skimming
Data breaches are on the rise, and preventing them is not as simple as it may seem. A new report from Risk Based Security has revealed that convenience store and gas station chains seem to be highly susceptible to data breaches. According to a report from Credit Union Times, Risk Based Security’s “Data Breach QuickView:…
Valentine’s Day is Becoming a High Spending Holiday
Some $1.7 billion is expected to be spent on Valentine’s Day candy this year. MarketResearch.com, a leading research distributor, has released new insight into the spending patterns this Valentine’s Day season. In the U.S., 54.8% of consumers celebrate Valentine’s Day, and many buy presents for their significant other. The average amount spent per consumer reached…
Economic Optimism Plummets
Low fuel prices are not enough to spur economic optimism among consumers. The results of a new consumer survey from the National Association of Convenience Stores (NACS) have revealed that, despite fuel prices having fallen to their lowest point in seven years, optimism about the economy has reached its lowest level in almost a year.…
Millennial Shopping Trends
Growth is on the horizon, and the new trends revealed in What’s in Store 2016 will help retailers to prepare. The annual trends research report from the International Dairy-Deli-Bakery Association (IDDBA), What’s in Store 2016, has revealed that Millennials will be moving into the heaviest spending life stage over the next 10 years. Millennials currently…
Online Versus In-Store
Generations Y and Z, who are often lumped into one category, have some differing shopping preferences. A new GfK study of shopping habits and preferences has revealed that Generations Y and Z have differing opinions when it comes to using computers to make purchases online rather than visiting a brick-and-mortar store. Not surprisingly, some of…