CHICAGO — 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 released today. Expecting to face a recession — or, perhaps more likely, a “semi-recession” — consumers are increasing their savings as
CHICAGO — IRI, a global leader in innovative solutions and services for consumer, retail and media companies, announced Wednesday the release of its 2018 New Product Pacesetters, its 23rd annual report, highlighting the most successful new product launches across food and beverage, non-food and convenience store sectors. Smaller companies continue to dominate the list, and the most successful products
WASHINGTON — Over-the-counter (O-T-C) medicines save the U.S. health care system nearly $146 billion a year, a new study has found. The report, “Value of O-T-C Medicines to the U.S. Healthcare System,” which was released by the Consumer Healthcare Products Association (CHPA), found that, on average, each dollar spent on O-T-Cs saves the national system
CHICAGO — IRI Tuesday released findings of a new study focused on understanding the attitudes and usage motivations of legal adult cannabis users, and the projected impact of further legalization on consumer product purchase habits. “The expanding legalization of cannabis products is already a disruptive force in the CPG industry,” said Robert Tomei, president of market and
DENVER —IRI‘s 2019 Growth Summit kicked off Monday at the new Gaylord Rockies Resort and Convention Center in Denver, Colo. with a record attendance of approximately 1,600 participants expected during the three-day event. The Chicago-based market research firm’s 16th annual IRI Growth Summit, runs from March 11 to 13 features visionaries and leaders from the
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