Research & Trends
Snacking Takes off During the Pandemic, New CVS Pharmacy Survey Reveals
A new survey from CVS Pharmacy released today found that two-thirds of American adults (66%) are snacking at home more, and nearly three in five (59%) are choosing better-for-you snacks and meal solutions more often than they would have prior to the pandemic. In response to the survey, which was conducted online by The Harris Poll on behalf of CVS Pharmacy in July of 2020, nearly half of Americans (48%) also indicated that they have been surprised to discover better-for-you snacks and meal solutions at a drugstore that they would not have expected. As consumer habits adjust due to social distancing practices and other societal changes
Pandemic creates a greater taste for Waitrose Organic
[et_pb_section fb_built="1" _builder_version="4.5.6" _module_preset="default"][et_pb_row _builder_version="4.5.6" _module_preset="default"][et_pb_column type="4_4" _builder_version="4.5.6" _module_preset="default"][et_pb_text _builder_version="4.5.6" _module_preset="default"]UK grocer Waitrose has reported that more shoppers than ever are seeking out organic food and drink, with the pandemic forced lockdown feeding a growing interest in provenance, animal welfare - and with it shoppers’ appetite for organic food. Recent OnePoll research by Waitrose revealed shoppers increased interest in ethical sourcing with over half of respondents now wanting retailers to show more information about ethical practices on packaging. Three-quarters of respondents said they wanted to see more British sourcing and over 44% of people now actively seek out products with
New Daymon Report Reveals Strong Outlook for Private Brands
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9"]Daymon, released the latest edition of its Private Brand Intelligence Report today, delivering a look into the possible future of Private Brands. The report features insights from Daymon’s proprietary research, custom analyses, consumer surveys and global intelligence. Top-level findings include: Private Brand momentum accelerates in the new normal The COVID-19 era has fundamentally reshaped consumer behavior, pushing the balance of power further in favor of Private Brands. Entering into 2020, Private Brands were already well-positioned in the industry. According to Daymon’s 2020 Private Brand Survey among a nationally representative sample of over 2,000 shoppers
Ahold Delhaize Retail Business Services Trends & Insights Team the Cool Kids
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9" hover_enabled="0"]Meeting shopper expectations means more than offering the freshest food at the lowest price – it means understanding them. That’s why John Shaw, Director of Sourcing Support, has worked hard to develop the Trends and Insights team within Retail Business Services, the services company of Ahold Delhaize USA. “The team supports the Sourcing Department, and it assists our peers and our whole organization by providing data that enables them to make better decisions surrounding customer demands,” Shaw said. “It’s all about how we innovate and progress our organization to the next level.” The
The pandemic created a decade’s worth of trial in a few weeks!
[et_pb_section fb_built="1" _builder_version="4.4.9"][et_pb_row _builder_version="4.4.9" custom_margin="-85px|auto||auto||"][et_pb_column type="4_4" _builder_version="4.4.9"][et_pb_text _builder_version="4.4.9" hover_enabled="0" custom_padding="78px|||||"]Private brands have an urgent opportunity to keep some of the 75 million new shoppers they gained during the pandemic. But that window is closing quickly as national brands begin investing their promotional dollars again. Wes Bean While 30 million shoppers made repeat purchases, trends from Catalina’s Buyer Intelligence Database show that overall private brand sales share gains have disappeared. Wes Bean, senior vice president of Catalina’s U.S. retail network previewed his upcoming Velocity Global presentation Understanding Shopper Motivations in a Sea of Change. “The pandemic created a decade’s
The Home Gains Importance in Private Brand’s Future
[et_pb_section fb_built="1" _builder_version="4.4.7"][et_pb_row _builder_version="4.4.7"][et_pb_column type="4_4" _builder_version="4.4.7"][et_pb_text _builder_version="4.4.8" hover_enabled="0"]The home-centered consumption habits of the pandemic will have lasting impacts for food retail and Private Brands. That was the opinion of speakers in a recent My Private Brand webinar, who addressed consumer habits ranging from home cooking to the new importance of eating breakfast at home. “Moving forward, the home will be very important,” said Seanna Rishor, Vice President of Private Label for the Canadian food retailer Sobeys. “Consumers will be wanting more products that they can cook with. We’re eating real food. We’re making food. We’re eating proper meals. We’ve seen
Retailers Urged to Grow Customer Engagement with Private Brand
[et_pb_section fb_built="1" _builder_version="4.4.7"][et_pb_row _builder_version="4.4.7"][et_pb_column type="4_4" _builder_version="4.4.7"][et_pb_text _builder_version="4.4.7" link_option_url="https://velocity.pathable.co/" link_option_url_new_window="on"]The door has opened wider. Wesley Bean, Senior Vice President of the Global Retail Network for Catalina USA The Private Brands industry has a unique opportunity to build on unprecedented levels of consumer trial during the pandemic, said speakers during a My Private Brand webinar. Forced to try store brands in the face of out of stocks, consumers discovered surprisingly high levels of quality and innovation. Now it’s time for the industry to accelerate the momentum with new strategies, they said. “The challenge is, you’ve got them, can you keep them?”
The New Normal 5 Keys to Private Brand Success – a Daymon Whitepaper
[et_pb_section fb_built="1" _builder_version="4.4.7"][et_pb_row _builder_version="4.4.7"][et_pb_column type="4_4" _builder_version="4.4.7"][et_pb_text _builder_version="4.4.7"]Following on the success of our webinar, COVID-19: Leading with Private Brand in early May were Daymon SVP Aimee Becker presented Daymon has released a new whitepaper presenting a deeper dive into her subject. The New Normal 5 Keys to Private Brand Success is designed to help the industry address the fundamental shifts in consumer shopping and spending habits. Highlights include: Prioritizing Innovation: The need for innovation across categories has been especially heightened as consumers express added interest in making their daily routines and homemade meals more exciting. Private Brands should continue planned innovation and
