CHICAGO — The COVID-19 pandemic has created a flourishing demand for self-care products as consumers take their health care into their own hands. The latest IRI research, “Vitamins, Minerals, Herbal Supplements Propel Self-Care,” examines consumers’ desire for a healthy, vibrant lifestyle as they await their COVID-19 vaccine. While nearly 13% of U.S. residents have received a
CHICAGO — COVID-19 vaccines have begun in the United Kingdom and Canada, and the start of vaccines in the United States is set to follow very soon. Strong adoption of vaccinations will increase consumer confidence and speed up social mobility, ultimately driving economic growth. IRI’s latest report, “Anticipated Vaccine Adoption and Impact on CPG Industry,”
CHICAGO — IRI has launched a new Integrated Fresh solution that tracks sales of random-weight as well as traditional UPC items that can be shared across the industry with retailers and manufacturers to give a more holistic view of the store. Integrated Fresh is described as the first fact-based data definition of departments, such as
CHICAGO — The arrival of colder weather and the resurgence of COVID-19 has consumers rethinking their holiday plans. People will hold smaller gatherings if they gather at all; they’ll buy more turkey and fewer whole birds, and they’ll avoid celebrating at restaurants, although they will continue to get take out. These are the findings of
CHICAGO – IRI said it is acquiring Retail Solutions Inc. (RSi), a provider of supply chain and media solutions for consumer packaged goods manufacturers and retailers. IRI said the acquisition bolsters its Liquid Data technology platform, used to offer supply-chain solutions and which serves as a repository of consumer data assets vital to the CPG
CHICAGO — IRI on Monday launched a proprietary, fully automated forecasting solution that anticipates consumer demand at multiple time intervals through the end of 2021. IRI CPG Demand Index Forecasts will project the impact of complex, interdependent factors on consumer demand, including pandemic persistence, lifestyle shifts, in-home versus out-of-home consumption patterns, consumer sentiment, channel shifts,
CHICAGO — IRI’s special series — “Recession-Proof Your Business” — has released its latest installment that reviews examples of recessionary brand building and provides five key strategies to position brands for growth. The fifth installment, titled “Building Brands During Recessionary Times,” offers the following recommendations to companies: 1. Optimize and Curate Portfolio Evaluate brands by strength
CHICAGO — IRI released its 2019 New Product Pacesetters, the 25th annual report highlighting the most successful new product launches across food and beverage, nonfood and convenience store sectors. Both large and small companies were successful in 2019, thanks to consumers’ willingness to embrace an expanded range of product types and attributes. However, the big story
CHICAGO — IRI and Coresight Research have launched a joint, monthly retail trend report providing insights into the future of retail for retailers and suppliers. The monthly reports will leverage the organizations’ combined expertise and unparalleled data assets from across the retail landscape — including purchase data spanning brick-and-mortar and e-commerce retail channels for apparel, CPG
CHICAGO — IRI is continuing to collaborate with its partners at the Boston Consulting Group (BCG) to analyze the latest consumer purchase trends in Italy, France, Germany, Netherlands, New Zealand, Spain, U.K. and U.S. The company just updated the report, “Consumer Spending Tracker: COVID-19 Impact,” to capture the most recent insights. Key highlights from the research
CHICAGO — IRI is continuing to collaborate with its partners at the Boston Consulting Group (BCG) to analyze the latest consumer purchase trends in Italy, France, Germany, Netherlands, New Zealand, Spain, U.K. and U.S. The firm just updated the report, “Consumer Spending Tracker: COVID-19 Impact,” to capture the most recent insights. Key highlights from the research
NEW YORK — U.S. consumer confidence has tumbled in recent weeks as the coronavirus impact has taken a bigger toll on the economy. Nearly three in five consumers expect the COVID-19 pandemic will last more than three months, according to an analysis by IRI. Consumers are exhibiting “recession-like sentiment,” said the market research firm, which