It’s about to get a lot harder to get cheap GLP-1s: Rising costs may force consumers to cut back on discretionary spending, creating headwinds for retailers already fearing tariff-driven cost increases.
Article
| Jan 22, 2025
But broadly speaking, demand continues to be patchy, especially as more Chinese consumers prioritize spending on services like travel and dining out over physical goods such as apparel and alcohol.
Article
| Oct 29, 2024
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| Jan 29, 2025
Source: Cross Marketing Inc.
Instead, you’re seeing explosive growth in beverages, both alcoholic and interestingly non-alcoholic. Toiletries and cosmetics is another one that is perennially strong.”. CPG is second to retail in share of US digital ad spend, at 16.5%. Food industry ad spend growth steeply dropped from last year (5.4% in 2024 versus 19.6% in 2023), per our forecast.
Article
| Oct 16, 2024
This will be useful for delivery apps like Uber Eats or DoorDash that offer alcohol. It can also help online car rental sites verify customers’ ages.
Article
| Oct 17, 2024
Consumer packaged goods includes food products, alcoholic and nonalcoholic beverages, toiletries and cosmetics, cleaning and other household supplies, and cigarettes and other tobacco products.
Article
| Oct 17, 2024
Green shoots emerge in the restaurant industry: After a challenging 2024, executives have reason for optimism in the year ahead.
Article
| Dec 26, 2024
Go further: Read our US Alcohol Ecommerce Forecast 2023 report.
Article
| Jun 14, 2023
Chart
| Jan 21, 2025
Source: AlixPartners
But for products like alcohol in Russia, advertising bans have had little impact on consumption. Advertising bans can have major economic repercussions. In the US, the consumer packaged goods industry spends about $50 billion annually on advertising. Some argue long-term public health benefits outweigh short-term economic costs.
Article
| Oct 15, 2024
Chart
| Jan 17, 2025
Source: Bain & Company; Altagamma
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| Jan 13, 2025
Source: CTR Market Research
Chart
| Jan 9, 2025
Source: ĢAV; Bizrate Insights
RH expects Q4 revenues to grow 18% to 20% YoY as furniture industry turns a corner: The retailer’s brand-elevation efforts and hospitality concepts are also resonating with shoppers.
Article
| Dec 13, 2024
Chart
| Jan 8, 2025
Source: ĢAV; Bizrate Insights
Chart
| Dec 31, 2024
Source: Emplifi
It’s a tough time to be a mid-market restaurant chain: Consumers’ pullback on dining out has led Denny’s, TGI Friday’s, and Shari’s to close locations.
Article
| Oct 25, 2024
Chart
| Dec 6, 2024
Source: Gallup
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| Mar 29, 2024
Source: YouGov
So like in Russia, there's severe restrictions on alcohol advertising, which a lot of countries don't really have any restrictions on advertising for beer, liquor, wine. They've got huge restrictions because obviously Russia, they've dealt with alcoholism problems for a long time. (13:14):. This doesn't seem to be doing anything, right? It's not improving the situation.
Audio
| Sep 30, 2024
The leading categories millennials preferred to purchase online were grooming and beauty products, pet products, and alcoholic beverages. Gen Zers may be setting beauty trends on TikTok, but millennials are buying more of the actual products—and more often. Some 34.4% of millennials buy beauty products online at least once a week compared with 21.2% of Gen Zers.
Report
| Jan 31, 2024
We're big fans of alcohol spiked desserts in my family. We do a nice rum ball. We do an Italian rainbow cookie. That's the red, green, and white layer cookies covered in chocolate. Those are good ones. Marcus Johnson:. Okay. Victoria Grace:. Pecan snowballs, I just. Suzy Davidkhanian:. Wow. Victoria Grace:. I take this information and I say I think we all need to expand our minds-. Marcus Johnson:.
Audio
| Dec 20, 2024
Private labels drive long-term loyalty: That’s why Albertsons rolled out its first new brand in years and Stop & Shop launched a coffee brand.
Article
| Sep 25, 2024
Alcoholic beverages include hard seltzers, liquor, beer, wine, champagne, and cocktails/malt beverages. Nonalcoholic beverages include coffee, water, soft drinks, energy drinks, tea, sports drinks, protein shakes, juice, milk, and meal replacements.
Report
| Sep 27, 2023
Over 2 billion people worldwide consume alcohol regularly. That's about 8 billion people in the world. It's about 25%. According to the World's Health Organization, the most popular type of alcoholic beverage was spirits, 45%; beer, 35%; wine, 12%; and then 7% for other. Heavily skewed by what folks drink in Asia. A lot of spirits there.
Audio
| Sep 20, 2024