🛒💸 The rise of dollar stores as a grocery destination is undeniable. 30% of dollar store shoppers are new to the channel in the past four years, and 1 in 3 buys half their groceries at dollar stores, according to a new survey of our shopper community.🥫🍫🧻 It's clear value messaging speaks volumes to consumers. Are brands and retailers keeping pace? 🔗Dive into the insights and key takeaways now: https://lnkd.in/g5YcSf7C #ShopperInsights #DollarStores #Value
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🚨 In a recent Acosta Group survey of CPG manufacturers, 73% identified today’s value shopper as their biggest challenge over the next 18 months. As shoppers continually hunt for deals, dollar stores are becoming a popular destination for routine purchases. Does your dollar store strategy measure up? 📏 Check out insights from Acosta Group’s latest Shopper Community study and discover how to connect with these shoppers and boost ROI in this channel: https://lnkd.in/g5YcSf7C #DollarStores #RetailInsights #Value
🛒💸 The rise of dollar stores as a grocery destination is undeniable. 30% of dollar store shoppers are new to the channel in the past four years, and 1 in 3 buys half their groceries at dollar stores, according to a new survey of our shopper community.🥫🍫🧻 It's clear value messaging speaks volumes to consumers. Are brands and retailers keeping pace? 🔗Dive into the insights and key takeaways now: https://lnkd.in/g5YcSf7C #ShopperInsights #DollarStores #Value
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Higher prices (vs. more units sold) are boosting grocery profits. Even if inflation abates, high prices will continue to squeeze our budgets and reinforce price-conscious grocery habits. Expect more consumers to keep costs down by sticking to: 🍎 Buying less 🍊 Discounters 🍋 Dollar stores 🥑 Deal-seeking 🍇 Private labels 🍓 Value-tier goods 🍌 Switching to cheaper brands See the recent RetailWire article and add your thoughts, too: https://lnkd.in/gCp8G9pS How, if at all, have your grocery shopping habits changed this year? #retail #ecommerce #grocery #CPG
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Our survey, featured on Retail Insider, highlights the rise in grocery costs, a concern for many Canadians over the past year. luc dumont, CAIP, VP of Insights, points out, "Consumers are switching up their shopping habits, heading to more budget-friendly stores. So, keeping people within your ecosystem is important." Read the full article to learn more about our study and key highlights. 👉 https://lnkd.in/gb5ByT4R #Leger #RetailInsider #MarketInsights #Groceries #Inflation
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According to Progressive Grocer, consumers prefer traditional grocery stores, but inflation continues to impact purchasing behaviors. What’s expected for this sector? Read more here. https://lnkd.in/gyakgZpA #ProgressiveGrocer YouGov #Westfin #Locationiseverything #westwoodfinancial #stableretail #realestateinvestment #ProgressiveGrocer #groceryanchored
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"Placer.ai’s data shows that visitors to grocery chains last year, compared to other retail channels, tended to come from areas with slightly higher median household incomes (HHIs) than the nationwide average. The median HHI for grocery shoppers was $73,900 compared to the nationwide median of $69,500." When it comes to grocery chains in the U.S., Kroger stands as the leader. Chain Store Age's Zachary Russell features Placer.ai's "The Grocery Sector in 2023: An End-of-Year Recap" report in his recent article. Here's what to know: https://lnkd.in/d7MzB-jz #foottraffic #foottrafficanalytics
Kroger was most-visited grocer in 2023, followed by...
chainstoreage.com
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The days of getting the weekly groceries at a single store are long gone with the trend of shopping at multiple stores growing. 🛒 Consumers are increasingly hitting up multiple grocery stores as they stock the fridge to save money and find exclusive items. Blame it on inflation and the rise of the private store brand. Learn more in my latest story for Axios with Mimi Montgomery. How many stores are you shopping at and is that number growing? Why do you personally shop at multiple stores? I'll start: My family shops at Costco, Trader Joe's, Aldi, Walmart, Target, Publix, Sam's Club and BJ's Wholesale for groceries. We shop at multiple stores to save money and for exclusive items. 🛍
Why shoppers are traveling to more grocery stores to save money
axios.com
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Helping brands improve their sales performance by better understanding the changing needs and preferences of Walmart shoppers. Want to improve your sales performance at Walmart? Let’s talk.
‘.. high-income consumers made up about half the company’s market share gains in food in the fiscal quarter that ended in January.’ Walmart Luminate subscribers are capturing more sales growth for their brands among new, high-income consumers at Walmart by using the demographic data (age, income, etc.) combined with the shopper behavior insights delivered through the platform to improve their performance by region, market, store, and online channel. Want to learn how you can capture more sales at Walmart? Let’s chat.
How Walmart became America’s largest grocer
cnbc.com
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