The Great Recession spawned changes in shopper behavior that are likely to persist long after the economy improves. But according to a new report, rampant deal-seeking is likely to give way to more pragmatic, practical purchases post-recession as consumers seek to establish a new normal.
Preliminary results of a study conducted by Michigan State University on behalf of Houston-based risk management provider DNV indicate U.S. consumers are highly aware of food safety issues and view third-party certification as a clear signal of food safety.
The nearly $3 billion segment managed mid-single-digit sales gains even during the darkest days of the recession. During the recovery, however, the category is expected to resume double-digit growth, piquing the interest of the industry's elite.
A new survey-based report from New York-based management consulting firm Booz & Co. suggests that the "new frugality" born of The Great Recession is becoming entrenched and is likely to reshape consumption patterns in ways that will persist long after the economy improves.
The February 2010 issue of Competitive Edge, a newsletter produced by Barrington, Ill.-based Willard Bishop, highlights a $1 billion opportunity for the grocery industry in, of all places, the dairy department.
The U.S. Department of Agriculture announced the passage of new regulations designed to clarify rules surrounding access to pasture for organic dairy cows.
A new online poll of more than 2,500 adults by New York-based Harris Interactive reveals that consumers still are spending cautiously, especially when it comes to small everyday purchases.