How does Generation Z stack up as future consumers? According to a recent Mintel report, Generation Z (ages 12-22) is likely to be health conscious, interested in cooking and craving international cuisine. You can thank their parents. Traits of this lifestyle group include: Influenced by parents who are “on the lookout for sugar”— 25 percent of teens aged 15-17 say they…
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Stats: Parents Fear Higher Back-to-School Costs
Many gourmet retailers look to back-to-school sales as a nice little bump for the bottom line before the fourth quarter. Think fancy lunch boxes and water bottles for the younger crowd and starter sets of tabletop and kitchenware for those setting off to college for the first time. Back-to-School is also a good time to get Mom into the store--maybe to have a little fun in…
CONTINUE READINGStats: Organic Growth Spurt
The Organic Trade Association’s most recent survey puts the 2017 growth rate of organic food at six times the pace of the overall food market. That, along with recent information released from The NPD Group, shows why independent gourmet and kitchenware retailers need to be aware of the rise in organic consumerism. According to the OTA’s newly released 2018 Organic Industry…
CONTINUE READINGStats: What Are People Eating Now?
According to the 13th Annual Food and Health Survey, released by the International Food Information Council, many in the U.S. are on diets. More than one-in-three U.S. consumers are following a specific diet or eating pattern, the survey found. And consumers are increasingly averse to carbohydrates and sugar, with more Americans than in previous years blaming carbs…
CONTINUE READINGStats: Chocolate, The Perfect Gift
Even retailers who focus on mostly hard goods, stock at least some specialty chocolate. Whether merchandised as an impulse purchase at the cash register, championed through a much wider display or included as part of a gift basket, retailers know that chocolate sells, and not only on Valentine’s Day. The overall U.S. market for confectionary products boasts sales of $36…
CONTINUE READINGStats: Shopping Makes Consumers Anxious
Retail therapy isn’t all it’s cracked up to be. A new survey shows that shopping, especially around the holidays, makes Americans anxious. The survey gives specialty retailers a glimpse into the minds of their customers during the busiest business time of the year, but also holds up after the tinsel and decorations are put away. Even though they enjoyed the holidays and…
CONTINUE READINGStats: Holiday Shopping Predictions
Is the fourth quarter going to bring coal or toys to retailers this year? With an uptick in the economy improving consumer confidence and a 3.2 percent rise in the incomes of middle class Americans, (as reported by the U.S. census bureau in August), signs are good that retailers are on track to get toys in their stockings. Or at least some cash. According to research…
CONTINUE READINGStats: Wellspring for Hydration
Consumers are taking their water with them—whether they are hiking, going to the gym or even heading into the office—and products that help with that are selling well. That’s according to a recent study by The NPD Group Inc., which reports that Hydration represents a $345.7 million dollar growth category for the outdoors industry. But kitchenware retailers can ‘tap’ into the…
CONTINUE READINGStats: Meal Kits Still Out at Home
Despite aggressive social media campaigns, meal delivery services are not coming close to replacing home-cooked meals. Yet. According to research from The NPD Group, the buzz around meal kit delivery services like Blue Apron and HelloFresh, “may be greater than those who currently use the kits.” NPD says only about 3 percent of the U.S. adult population (18 and older) tried…
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