2024 is a marquee year for sports advertising: AB InBev cited a strong summer for beer as it and other marketers plan spending.
Private label unit and dollar sales reached a record in 2023: Store brands accounted for roughly 1 in 5 products purchased last year.
Kroger is bullish on the year ahead: The grocery chain expects 20% growth in its retail media business, and its identical sales without fuel to rise 1.75%.
Nearly a third (32%) of US consumers plan to celebrate St. Patrick’s Day this year, per Numerator. Of those, 91% say they expect to buy something for their St. Patrick’s celebration, with food and alcohol being the top items purchased.
Olipop is looking to raise funds at a valuation of over $800 million: The fast-growing soda brand looks to build upon the following it has on TikTok and Instagram.
Biden launches task force to take on unfair pricing: The goal is to push companies to offer greater price relief to consumers as shrinkflation and other tactics take their toll.
Whole Foods Market will open small-format stores: But it isn’t clear whether the 7,000- to 14,000-square-foot locations will satisfy consumers’ appetite for healthy groceries.
On today's podcast episode, we discuss what comes after the end of search as we know it, what generative AI (genAI) is best at today, who the right partner for Paramount+ is, what Ikea's plans to save the mall entail, the most popular alcoholic drinks in the US, and more. Tune in to the discussion with our director of reports editing Rahul Chadha and analysts Ross Benes and Max Willens.
Knowing how price-sensitive consumers are at this moment, brands need to be extra cautious how they position themselves and their messaging. Otherwise, they could risk angering or alienating consumers, as evidenced by the reaction to recent comments from executives at the WK Kellogg Co and Wendy’s.
Cava and Sweetgreen deliver healthy Q4 growth: Consumers’ appetites for fast, healthful food is driving the two QSR chains to expand.
AB InBev’s US revenues fell nearly 17.3% in Q4: That’s the third straight quarter of double-digit declines as the company reels from its Dylan Mulvaney missteps.
There are certain products that just seem perfect for going viral on social media. Some, like the mystery flavors of Coca-Cola Creations or Mustard Skittles, are made for consumers who will try anything once. While others, like the sneaker collab between Nike and Tiffany & Co. appeal to consumers who want to show off.
Starbucks softens its anti-union stance: That could help rebuild the company’s tarnished reputation.
Restaurants need to adjust to the shifting landscape: While the industry struggles to attract and retain workers, customers want a deal. We look at how some are innovating to address both challenges.
Domino’s delivery partnership with Uber Eats is paying off: The platform is helping the pizza chain reach new customers, while Domino’s loyalty program revamp boosts order frequency.
Sprouts Farmers Market expects net sales to grow up to 7.5% this year: That growth will stem from new stores, its thriving private label brands, and a new loyalty program. Sprouts Farmers Market expects net sales to grow up to 7.5% this year: That growth will stem from new stores, its thriving private label brands, and a new loyalty program.
Luckin overtakes Starbucks as China’s top coffee chain: The company’s aggressive expansion and ultra-low prices are helping it take market share.
Nestlé sees opportunity amid weight-loss drug craze: The company is focused on expanding its nutritious offerings as GLP-1 users cut back on junk food.
This year’s Super Bowl was marked by quite a few celebrity-filled commercials, but one caught our attention above all others—not just for its perfectly chosen star-studded cast, but for its ability to keep the conversation going after the game was over
The Kroger-Albertsons merger is unlikely to close anytime soon: If the deal doesn’t come to fruition, the two companies will need to figure out another means to build their retail media business.