IRI

Research reveals complexity of private label shopping expectations

Private brands led manufacturer brands in dollar sales growth across multiple retail outlets for the second consecutive year, up 5.4%.

November 7, 2019

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Newly released consumer research by Food Marketing Institute (FMI), Arlington, Va., and IRI, Chicago, reveals that food retail private brands have greater influence on where grocery customers shop.

Study: Consumers turn to private brands for better value, not just better price

Nearly 99.9% of shoppers are buying private brands today.

November 5, 2019

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Although 57% of consumers say their financial health is good, fears of a recession are driving slightly less consumer confidence in Q3 2019, according to the latest IRI Consumer Connect Survey results, produced by IRI, Chicago.

Report shows how CPG companies collaborate on advanced technology platforms

CPG companies that leverage advanced technology are transforming the retailer-supplier relationship from store-centric to customer-centric.

September 5, 2019

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IRI, Chicago, outlined the significant benefits that consumer packaged goods (CPG) manufacturers and retailers reap through the use of collaborative technology platforms.

Study finds younger Millennials outspend older cohorts on food, beverage purchases

Younger Millennial spending on food and beverages is clearly outpacing older baby boomers and retirees who struggled in Q1.

June 4, 2019

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This mixed bag is impacting consumer spending on food and beverages, according to the latest IRI Consumer Connect survey released by IRI, Chicago.

Study unveils Top 5 disrupters for the food, beverage industry

From new market entrants and go-to-market models, to technology advancements such as artificial intelligence, disruption comes in all forms.

May 10, 2019

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IRI, Chicago, collaborated with Chicago-based Retail Leader magazine to discover the Top 5 disruptors impacting the retail industry.

Study: Most successful brands focus on wellness, indulgence, convenience

For the first time, products developed by companies with annual revenues under $1 billion represented the majority of top-ranking brands.

May 8, 2019

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IRI, Chicago, released its “2018 New Product Pacesetters,” which highlights the most successful new product launches across food and beverage and convenience store sectors, among others.

Research: Sustainability-marketed products delivered more than 50% of CPG market growth since 2013

Research found that sustainability-marketed products delivered 50.1% of market growth from 2013-2018 while representing 16.6% of the CPG market in dollar sales in 2018.

March 11, 2019

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IRI, Chicago, and NYU Stern Center for Sustainable Business (CSB), New York, released the findings of a new U.S.-based study and established the Sustainable Share Index, an in-depth analysis of consumer purchases of products marketed for their sustainable attributes.

Study finds consumer confidence makes big impact on e-commerce growth

In fact, 2018’s e-commerce sales increased by 35.4%, according to IRI’s new research.

February 5, 2019

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Nearly 55% of consumers report their households were in good financial shape in Q4 2018, up 4% from Q3 2018 and 2% from Q4 2017, according to “Consumer Confidence Reflected in E-Commerce Growth,” produced by IRI, Chicago.

Report: Key to M&A success is consumer, shopper approach

Merger and acquisition activity among the Top 50 CPG companies marked a 15-year high in 2017.

December 5, 2018

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In fact, merger and acquisition (M&A) activity among the Top 50 CPG companies marked a 15-year high in 2017 — a 45% increase compared to the previous year, according to IRI, Chicago. That’s why making informed and strategic M&A decisions is critical.

Study finds consumers still turning to private label, despite growing economy

Private label products are quite popular with younger consumers, who tend to be driven more by product benefits than by brand name.

November 8, 2018

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Despite the U.S. economy growing at a 3.5% annual growth rate in the third quarter, 49% of consumers are making sacrifices to make ends meet, according to survey results released by IRI, Chicago.