Continued growth for "pickup" and largest ever repeat intent gap between "grocery" and "mass"
March 24, 2023
The drop in total online grocery sales was entirely driven by Ship-to-Home sales, which declined 15% to $1.3 billion. Pickup posted the strongest gains, increasing almost 3% on a year-over-year basis to 4.1 billion, while Delivery grew less than 1%, holding steady around $3.0 billion. Collectively, the three segments captured just over 12% of total grocery spending in the month, slightly higher than a year ago and likely buoyed by strong overall grocery spending by US households. Excluding Ship-to-Home, the share of spending attributed to Pickup and Delivery was more than 10%.
New IRI report reveals food and beverage dollar sales will moderate in 2023, but will remain higher than the historical baseline, even as volume sales decline
March 22, 2023
This new report leverages IRI’s -- now Circana -- latest point-of-sale data, which reveals that at-home food and beverage inflation was up 13.2% in Q4 2022 versus Q4 2021. While consumption levels are continuing to soften, at-home food spend remains strong, with center store sales up 11.1% and perimeter sales up 6.3% in Q4 2022.
As today’s fresh bakery represents a larger slice of grocery shoppers’ pie, Rich’s Products releases insights that chart a clear path for continued growth
December 2, 2022
Insights from a two-and-a-half-year series of consumer sentiment tracking surveys by Rich Products (Rich’s) chart a clear course for retailers to capitalize on this momentum through more healthy options among their fresh bakery offerings, greater variety, and smaller, more affordable portion sizes.
New research suggests six macro trends currently shaping food and beverage consumption behaviors
November 2, 2022
The early stages of the pandemic disrupted this rhythm, and just as eating patterns were returning to pre-pandemic normalcy, food inflation set them on end again, reports The NPD Group in its recently released 2022 edition of Eating Patterns in America.
Innova Market Insights research suggests that consumers seek out brands that respond to core values at economic price
October 14, 2022
Over the last year, cost and value for money have become more important to more than half of food and beverage consumers worldwide. Today’s shoppers are increasingly exploring money-saving strategies, such as choosing lower cost items and cooking from scratch.
New shopper trends and behavioral analytics are based on real-time insight surveys from September 2022
September 21, 2022
In a fall from last month, 46% of shoppers are feeling uncomfortable with their finances while 64% still report looking for sales, deals or coupons. Fifty-four percent
are cutting back on non-essentials and 63% are cutting back on areas besides groceries, such as clothing and entertainment. Customers are still making changes to avoid price increases.
The new private label will offer shoppers consistent access to quality groceries at an affordable price
April 18, 2022
Misfits Market, the online grocery platform focused on accessibility, affordability, and sustainability, launched its first-ever private label, Odds & Ends. The launch of Misfits Market’s private label – which currently includes pantry staples such as coffee and snacks like nuts, dried fruit, and dark chocolate-covered mini pretzels – ensures Misfits Market’s customers can easily stock up on all of their favorite high-quality, affordable groceries during their weekly shop.
Q1 results finished less than 3% lower than a year ago as eGrocery continues to evolve
April 12, 2022
The Ship-to-Home segment experienced the largest sales contraction, plummeting over 30% in March compared to a year ago, from $2.1 billion to $1.4 billion. The decline was driven by a 13% reduction in the number of orders placed by Monthly Active Users combined with a 23% drop in the average order value.