Store brand products can compete with their name-brand counterparts and save shoppers more than a thousand dollars a year on grocery bills, according to a new study from Consumer Reports.
Nearly every household in the United States purchases store brands today, and 80 percent of consumers believe store brand products are equal or superior to national brands.
Senior food and beverage industry executives see improved revenue and profitability this year and next, but caution that the jobs outlook in their sector will only gradually improve in 2011.
As the two age groups that most benefited the convenience store category, Baby Boomers, ages 46-64, and young adults, ages 18-33, age over the next decade, convenience stores will need to adapt to meet their changing needs, reports The NPD Group.
The NPD Group, Port Washington, N.Y., is tracking consumer shopping habits, purchases and perceptions of the supermarket deli department through a new research service, DeliTrack.
In its 2009 report, “Frozen Foods in the U.S.,” New York researcher Packaged Facts said retail packaged frozen food sales grew by 6.5 percent to $51.8 billion.