CHICAGO — A new era has begun at IRI. Already a leading provider of big data, predictive analytics and insights that help clients grow their business, the company is now in an even better position to have an impact on the marketplace as a result of a new financial structure. Last month, IRI closed a
CHICAGO — Buy or build? A 15-year high in mergers and acquisitions suggests that consumer packaged goods companies today are more likely to see financial deals as the best way to fill the innovation pipeline. Finding the just-right opportunity, though, is a daunting task — particularly in a market where speed is a key factor
CHICAGO — Eating organic food, using natural home remedies, taking vitamins and disinfecting homes are just a few ways in which consumers are taking control of their own health and getting a handle on rising health care costs, according to an IRI report. With 88% of Americans actively practicing self-care and 34% increasing their self-care
Bigger is not necessarily better anymore, at least when it comes to consumer packaged goods companies. According to research from the Boston Consulting Group and IRI, scale is not the competitive advantage it once was for CPG companies. In fact, one of the study’s key findings was that smaller companies are outpacing their larger counterparts
LAS VEGAS —IRI’s 2018 Growth Summit kicked off yesterday at the Wynn Las Vegas with a record-breaking attendance of approximately 1,500 participants. The Chicago-based market research firm’s 15th annual IRI Growth Summit, running from April 16-18 features visionaries and leaders from the world’s top consumer packaged goods manufacturers, retailers and media agencies.With an ever-changing marketplace,
CHICAGO —Garnier Whole Blends, Biofreeze, and Herbal Essences Bio:Renew led last year’s most succesful nonfoods launches, IRI reported today. The three H&BA brands had first-year sales of $122 million, $78 million and $75 million, respectively. IRI’s 2017 New Product Pacesetters report also listed the top-selling foods and beverages, and convenience store products. Halo Top ($324.3 million), Good THiNS ($87.0 million), and Dunkin’
NEW YORK — The escalating number of flu cases nationwide has hoisted sales of over-the-counter medicines and other products that help treat and manage flu symptoms, according to market research firm IRI. In a new report titled “Flu Fury: IRI Pinpoints How Flu Is Impacting U.S. Markets,” IRI spotlights areas hit hard by the spread
CHICAGO — Food and drug retailer Albertsons Cos. has entered into an agreement with data and analytics specialist IRI for supply chain services. IRI said Tuesday that under the pact, Albertsons will integrate its supply chain data, including inventory and transactional shipment information, into the IRI Liquid Data and Unify visualization platform. The technology platform
CHICAGO — IRI has partnered with Symphony Health to launch IRI Illness Tracking, a solution that pinpoints consumers who suffer from cough, cold, flu and allergy symptoms over the course of the year. IRI said the new service will offer cutting-edge tracking capabilities for the U.S. population affected by respiratory and allergy symptoms, which can
CHICAGO — IRI has announced the most successful consumer packaged goods launches in 2016. The IRI 2016 New Product Pacesetters report said thousands of new brands hit retail shelves last year, with 80% of the top-ranking brands from small and midsize manufacturers and accounting for 64% of dollar sales in the study. Overall, the top-selling
CHICAGO — IRI says it has reached a long-term agreement with Kroger Co. to be the supermarket chain’s preferred partner for market measurement services. These services will provide Kroger and its supplier partners a common view of their business performance compared to the rest of the market, according to IRI, which said that its Liquid