Articles Tagged with ''grocery shopping trends''

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Report: Low-income consumers don’t eat as well as average Americans

The report finds that despite this wealth gap, quality attributes like organic and less processed cues are still growing in importance.
October 17, 2018
Economic recession, recovery and realignment are major drivers of change in the U.S. food and beverage industry and consumer values and purchasing behaviors, according to findings in “The Business of Thrift: Understanding Low-Income and Value-Oriented Consumers” report, produced by The Hartman Group, Bellevue, Wash.
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Symphony RetailAI SR Demand ForecastingAI

AI tool improves forecasting accuracy

October 15, 2018
Symphony RetailAI, Dallas, Texas, released SR Demand ForecastingAI, which is equipped with machine learning to help retailers understand external impacts, determine relevance and improve forecasting accuracy.
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Study determines transparency yields greater brand loyalty

86% of shoppers agreed that if food manufacturers or retailers provided access to complete and easy-to-understand definitions for all the ingredients, it would result in more trust.
September 18, 2018
Grocery shoppers exhibit loyalty to those products that create deeper relationships through information exchange, according to a new report released by Label Insight, St. Louis, Mo., and Food Marketing Institute (FMI), Arlington, Va.
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Report reveals private brands making big comeback

For instance, 69% of consumers said it’s very or somewhat important to have a good assortment of private brands in food and beverage.
July 11, 2018
Private brand performance within the grocery channel dramatically increased in the past year, posting annual sales of $138 billion across multi-outlet plus convenience store retail channels in the United States in 2017, according to new insights from Food Marketing Institute (FMI), Arlington, Va., and IRI, Chicago.
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INS aims to put grocery shopping on blockchain

INS builds a scalable blockchain-based platform enabling consumers to buy groceries directly from manufacturers.
July 11, 2018
INS, a new global project by the founders of Instamart, Moscow, announced an initiative to build a decentralized grocery shopping ecosystem based on blockchain technology.
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