Consumer behavior changed dramatically in 2020, sending shockwaves through the retail market.
Consumer behavior changed dramatically in 2020, sending shockwaves through the retail market.
The COVID-19 pandemic has altered our lives in ways too numerous to count. Several of these changes are temporary, and things will slowly return over time to some semblance of a new normal.
Predictions about the impact of the novel coronavirus on the U.S. economy range from a sustained slowdown to more dire scenarios, but no one is certain.
As stay-at-home orders lift and summer heats up, Americans now weigh the risks as they work, run errands, and travel.
Before the pandemic upended economies around the world, private label brands had already arrived. A 2019 IRI Consumer Connect Survey found that “private brand dollar sales grew 3.8% in 2019, twice the rate of national brands.”
There’s an old curse that reads, “May you live in interesting times.” We’re enduring that, with each new day ushering in new COVID-19 cases, the supply chain stretched then, and stock markets switched moods faster than a teenager.
Private label products – particularly in the food and beverage business – have traveled a long road to mainstream success. Historically thought of as "low budget" brand name alternatives made of inferior materials – thus the lower price – private...
Food fraud has a long history in the United States. It began in 1883 at Purdue University. Dr. Harvey Washington Jr., a chemistry professor and lead chemist at the U.S. Department of Agriculture, sought to crack down on food and beverage fraud.
It’s the dawn of a new era for retailers. Millennials and the emergent Generation Z are tech-savvy, well informed, and eager to share their feelings about retail and product experiences with their multiple social networks.
As day two dawned on TGCon 2019, attention turned to the long-burgeoning cannabidiol industry.