Catalina USA’s Post

Good news: grocery store prices are finally not rising as fast as they have been. Bad news: some categories, like Soft Drinks & Deodorants, remain stubbornly high. Check out Catalina’s latest Q3 2024 Shopping Basket Index to learn more. #inflation #shopperinsights #cpg

July Foot Traffic trends were soft in the discretionary categories whereas the less discretionary categories were largely resilient, per Placer data. Grocery chains across the board (excluding W.D.) showed an increase in traffic levels, with discount brands showing the largest increases in consumer volume.

Ways Rising Prices & Inflation Have Changed Consumers #inflation #shrinkflation #storebrands #valuebuy #value #consumerspending #consumerbehaviour #target #fastcasual #cpg #retail

Take a look at the Advantage Outlook Survey for a dive into some recent shopper behaviors.

According to our Q1 2024 Shopping Basket Index, inflation-driven price hikes vary significantly across 10 popular grocery categories. Value-conscious shoppers are still grappling with significant price increases on essential items, even as the broader inflation rate cools, explains our own Wesley Bean. Check out the full report and infographic here. #shoppers #inflation #cpg #retail #shoppingbasket #grocery

𝗧𝗮𝗿𝗴𝗲𝘁 𝗜𝘀 𝗦𝗹𝗮𝘀𝗵𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗼𝗻 𝟱,𝟬𝟬𝟬+ 𝗜𝘁𝗲𝗺𝘀 𝗧𝗼 𝗖𝗼𝗺𝗯𝗮𝘁 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 Target, one of America’s retail leaders, has initiated a sweeping price reduction campaign, aiming to alleviate the burden of inflation on consumers while luring back wary shoppers. Target announced a significant cut on over 1,500 popular items, effective immediately, with plans to extend the reduction to a staggering 5,000 products throughout the summer. Read the full story > https://lnkd.in/eEpCRE-p #Target #retailnews #retailwire

NEW TODAY: Consumers are still concerned about high prices at the grocery store, but there is some good news coming from the industry that will appeal to value-conscious shoppers: Retailers are focusing on private brand offerings and promotions and almost half of CPG manufacturers say they are not planning any price increases in the next six months. That’s according to our Q1 2024 Advantage Outlook, which surveys leaders at top retailers and CPG companies on the key trends driving business in the retail industry. Other top headlines in the report: - Manufacturers’ top three strategies to deliver value to shoppers include promotions (66%), larger pack sizes (40%) and marketing the cost-effectiveness of brands and categories (37%). - While retailers will also focus on promotions (47%) and larger pack sizes (53%), their top strategy by a wide margin is private brand production (75%). Get the full, free report here --> https://lnkd.in/g5PG3Py3 #Retail #ConsumerTrends #Inflation #AdvantageOutlook

From price hunters to trend seekers to health-concerned shoppers, how Americans shop is evolving. The latest trend: Grocery shoppers now visit fewer stores as the pandemic fades into memory.   According to the Advantage Solutions Shopper Outlook, shoppers buy groceries from an average of 4.1 different stores, down from 5.5 in 2021. What does this mean for grocers? Download our free report: https://lnkd.in/darhEczd #ConsumerTrends #Retail #ShopperTrends #LeadWithInsights

Understanding where your consumers are shopping across commerce is critical with shoppers now shopping fewer stores. Let us know how we can help you find growth across commerce. #commercemarketing

🛒📈 Are Discount Retailers Winning Over Grocery Shoppers? Experian Insights Have the Answers! 🥑💰 Are shoppers turning away from mid-market brands in favor of discount retailers? Our latest insights suggest a shift in grocery shopping behaviour. In the face of rising food prices in 2023, consumers didn't just tighten their belts; they got strategic. While food budgets remained steady, shoppers maximised the value of their purchases, fueling the growth of budget-friendly giants like Aldi and Lidl. These retailers continued to gain ground, indicating a preference for value-driven shopping experiences. This trend highlights a growing inclination towards frugal spending habits in uncertain times. Want to stay informed? Dive into our upcoming reports! Register for exclusive insights now: https://lnkd.in/eE9-V2U6 #GroceryTrends #DiscountRetail #SmartSpending #ValueShopping #ConsumerInsights 🍇🛒