Week of November 20, 2023
Accelerate Your Insights is a weekly news recap of the top trends in CPG focusing on retailer headlines, key shopper behaviors, and industry events.
Click the sources links below each headline to read more
Industry News
SPINS Product Intelligence Attribute Spotlight: Sustainable Grains
In this post we’ll dive deeper into sustainable grains—grains that are alternatives to traditional grains such as wheat, barley, oats, and rye.
FTC crackdown could change influencer marketing for food and beverages
Warnings from the antitrust division over aspartame have the potential to make social media campaigns more cautious in how they communicate.
How national brands can retain their edge in times of inflation
It’s a tough time out there for food and drinks brands. It’s a pivotal time, as rising inflation eats away at consumers’ wallets, and standards of living. So how can national brands stay attractive in the current climate?
Biden launches major federal supply chain initiative
Biden is creating the White House Council on Supply Chain Resilience, which will hold its inaugural meeting on Monday, Nov. 27, 2023. The council is intended to advance what Biden says is a long-term, government-wide strategy to build enduring supply chain resilience.
Black Friday weekend sets e-commerce records
The official online holiday shopping season is off to a very strong start.
Black Friday in-store traffic up 4.6% over last year
Shoppers turned out in force in physical stores and shopping centers on Black Friday, helped by cool dry weather in most parts of the country and heavy discounting.
Retailer News
Cooling Inflation Spurs Price Drops From Retailers
Walmart and Target are cautiously optimistic that holiday sales and overall lower prices will increase spending.
Target’s self-checkout policy not about reducing theft
The 10-item limit is reportedly meant to reduce wait times; retailer cites customer appreciation of full-service lanes
5 things: The fall of the retail pharmacist
Here’s 5 things you may have missed in grocery
Weis Markets will use Amazon for same-day grocery delivery
Weis is also integrating Amazon into its loyalty program
Kroger faces class action lawsuit over illegally sharing data
The suit alleges the retailer unlawfully released user health information
Dollar General reaches settlement on inflated prices
Stores in Wisconsin allegedly changed prices at checkout
Instacart Spearheads Giving Tuesday Campaign
Instacart launched today its third annual Giving Tuesday campaign to benefit Partnership for a Healthier America. For the first time, the grocery delivery service is joining forces with Keurig Dr Pepper, Dole Packaged Foods, and Olipop to mark the day.
Foxtrot and Dom’s announce merger
The Chicago-based upscale convenience store brand plans to combine with the local grocer that has a similar reputation for innovative foodservice and store designs.
Shopper News
US holiday shopping 2023: Consumer caution and retailer resilience
The final stretch of an increasingly long holiday shopping season is critical for retailers, particularly as consumers focus on value and new shopping journeys.
PLMA Releases Gen Z Consumer Research Report
Gen Z Loves Store Brands: America’s Youngest Consumers Speak Out on Grocery Shopping, Stores and Brands.
How Grocers Can Maximize 1st-Party Data for Better Shopper Engagement
Harness critical insights to make decisions that find new shoppers, drive loyalty and keep them coming back
Survey: Consumers — especially older ones — still value in-store shopping
Despite the popularity on online shopping, the in-store experience is still valued by most shoppers.