Consumer grocery trends

CPG

Consumers plan food-and-drink spending blitz for Super Bowl

Supermarkets lined up as chief destination for prepared and packaged food purchases for big-game parties, Advantage Solutions poll shows.

Retailers

Food contributes to 2.9% gain in U.S. GDP for Q4

Consumer spending climbs 2.1% in the quarter, fueled in part by a rebound in purchases of goods.

Executives, panelists and guest speakers shared their views on the bumpy economy, acceleration of technology, embracing change and the grocery industry’s resilience at the Midwinter Executive Conference in Orlando.

“When shoppers believe we are in a recession, they will behave as though we’re in a recession,” said Acosta Consumer Insights and Trends SVP Kathy Risch.

BNPL isn't just being used for big-ticket items anymore, as cash-strapped shoppers look to the service to help fund necessities, according to recent research.

Panel at NRF Retail’s Big Show offers differing outlooks for a recession in 2023.

Overall retail trade sales fell 1.2% from November yet grew 6.5% versus a year ago.

Consumer Price Index sees lowest annual gain since October 2021.

Video shows that sparsely populated shelves don’t always signify product out-of-stocks.

BrandSpark’s fifth-annual Most Trusted Grocery Retailers in America list, conducted in partnership with Winsight Grocery Business and Newsweek, also noted the growing reach of dollar stores.

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