More than three-quarters of consumers say the virus is impacting their celebration plans, with overall participation down to 58%, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics. Consumer spending is expected to reach $8.05 billion, down...Read more
That’s according to shopper intelligence company Catalina, which said that shoppers continue to spend more money at the grocery store each month, while taking fewer trips. Read more
Environmentally conscious consumers account for £1 in every £5 spent on FMCG products, with the most sustainability-focused shoppers worth $382bn (£297bn) to the sector. Read more
Holiday sales growth this year will largely depend on how much wealthy households splurge and how a range of different pandemic-related factors play out. Read more
According to a survey of nearly 10,000 consumers from Service Management Group (SMG), although 58% of respondents are concerned about their financial situation due to the pandemic, 59% indicated they plan to spend about the same on holiday gift shopping as they did in 2019. Another 20% indicated...Read more
Short wait times and other factors drive retail, grocery and restaurant customer satisfaction when it comes to picking up goods ordered online.Read more
This holiday season will be challenging for CPG/ FMCG manufacturers as pandemic-induced uncertainty is making it difficult for brands to confidently plan seasonal marketing activities.Read more
Advertisers and agencies must reappraise the value of legacy media and stop relying on ‘clicks’, ‘likes’ and ‘shares’ if they’re to win and cultivate quality attention. Read more