Wendy future of retail top

IRI

How meat and millennials are changing the shape of the CPG demand curve

How meat and millennials are changing the shape of the CPG demand curve

CHICAGO — As IRI continues to monitor the pandemic, its latest analysis revisits “The Changing Shape of the Demand Curve (Part 2)” with a closer look at the meat industry and the varying behaviors and attitudes of millennials. COVID-19 continues its reach beyond personal health to CPG demand, inflation, supply chain and more. IRI is tracking

BCG/IRI release growth leaders study

BCG/IRI release growth leaders study

CHICAGO — The U.S. consumer packaged goods industry increased by 2.2% in 2019, outpacing 2018 growth of 2.0%, according to the eighth annual Boston Consulting Group (BCG)/IRI CPG study released at the end of March. The growth was driven exclusively by pricing adjustments in the face of declining average volumes across measured channels. Despite the

IRI and BCG share the latest global purchase trends amid COVID-19

IRI and BCG share the latest global purchase trends amid COVID-19

CHICAGO — IRI is continuing to collaborate with its partners at the Boston Consulting Group (BCG) to analyze the latest consumer purchase trends in Italy, France, Germany, Netherlands, New Zealand, Spain, U.K. and U.S. The company just updated the report, “Consumer Spending Tracker: COVID-19 Impact,” to capture the most recent insights. Key highlights from the research

IRI launches special COVID-19 series: Recession-Proof Your Business

IRI launches special COVID-19 series: Recession-Proof Your Business

CHICAGO — As IRI continues to monitor the pandemic, we are launching a special four-part series, “Recession-Proof Your Business.” While COVID-19 is unique in scope, social and business implications, the company already sees that consumer behavior mirrors that of past recessions, including the Great Recession of 2008-2009. The first installment of their series takes a

IRI and BCG share the latest global purchase trends amid COVID-19

IRI and BCG share the latest global purchase trends amid COVID-19

CHICAGO — IRI is continuing to collaborate with its partners at the Boston Consulting Group (BCG) to analyze the latest consumer purchase trends in Italy, France, Germany, Netherlands, New Zealand, Spain, U.K. and U.S. The firm just updated the report, “Consumer Spending Tracker: COVID-19 Impact,” to capture the most recent insights. Key highlights from the research

IRI study says U.S. consumers pessimistic about coming months

IRI study says U.S. consumers pessimistic about coming months

CHICAGO — As IRI continues to monitor COVID-19, its latest analysis, “Consumers Provide Pessimistic View of Coming Months,” finds that U.S. consumers are becoming increasingly concerned about the health crisis and the long-term economic impact. COVID-19 U.S. Implications With nearly 60% of consumers believing the COVID-19 pandemic will last more than three months and 92% believing

New research from IRI and BCG on COVID-19 impact

New research from IRI and BCG on COVID-19 impact

CHICAGO — IRI is continuing to collaborate with their partners at the Boston Consulting Group (BCG) to analyze the latest consumer purchases in Italy, France, Germany, New Zealand, the U.K and the U.S. The company just updated the report “COVID-19 Impact: Consumer Spending Tracker” to capture the most recent insights. Key highlights from the research include:

New research from IRI and BCG on COVID-19 impact

New research from IRI and BCG on COVID-19 impact

CHICAGO — IRI is continuing to collaborate with their partners at the Boston Consulting Group (BCG) to analyze the latest consumer purchases in Italy, France, New Zealand, the U.K and the U.S. The company just updated the report, “COVID-19 Impact: Consumer Spending Tracker,” to capture the most recent insights. Key highlights from the research include: Trends

IRI cancels Growth Summit due to coronavirus concerns

IRI cancels Growth Summit due to coronavirus concerns

CHICAGO — IRI announced on Wednesday that the IRI Growth Summit originally scheduled for March 30 – April 1, 2020, in Orlando, Fla. has been cancelled due to the coronavirus outbreak. In making the announcement, the company issued the following statement: “We have been closely monitoring and evaluating the rapidly evolving global COVID-19 virus outbreak

IRI study says dollar stores, digital retailers benefiting from new shopping habits

IRI study says dollar stores, digital retailers benefiting from new shopping habits

CHICAGO — According to IRI’s  latest Consumer Connect survey, dollar stores and digital retailers are the primary beneficiaries as consumers shift their shopping habits to save time, effort and money. IRI analyzes this shift in a January 27 report titled “Channel Trends in CPG Today,” which finds that consumers remain confident about their financial wellbeing.

IRI, Kantar team to help CPG companies

IRI, Kantar team to help CPG companies

NEW YORK — IRI and Kantar are joining forces to help consumer packaged goods companies measure and optimize their marketing programs for both short-term sales gains and long-term brand health. The companies this week launched what they’re calling a closed-loop solution that combines IRI sales data and Kantar brand insights to deliver a “highly predictive,

IRI Consumer Connect Survey reveals private brand dollar sales grew 3.8% in 2019

IRI Consumer Connect Survey reveals private brand dollar sales grew 3.8% in 2019

CHICAGO — Although 57% of consumers say their financial health is good, fears of a recession are driving slightly less consumer confidence in Q3 2019, according to the latest IRI Consumer Connect Survey results released today. Expecting to face a recession — or, perhaps more likely, a “semi-recession” — consumers are increasing their savings as

Rick Kash and Dimitri Panayotopoulos join IRI board of directors

Rick Kash and Dimitri Panayotopoulos join IRI board of directors

CHICAGO — IRI announced that Rick Kash and Dimitri Panayotopoulos will join the company’s board of directors, effective immediately. IRI is a portfolio company of Vestar Capital Partners and New Mountain Capital. “We are very pleased to have Rick and Dimitri — two highly accomplished consumer goods professionals who are well respected in the industry

Study: O-T-Cs save health care system billions

Study: O-T-Cs save health care system billions

WASHINGTON — Over-the-counter (O-T-C) medicines save the U.S. health care system nearly $146 billion a year, a new study has found. The report, “Value of O-T-C Medicines to the U.S. Healthcare System,” which was released by the Consumer Healthcare Products Association (CHPA), found that, on average, each dollar spent on O-T-Cs saves the national system

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