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Circana: Consumers Cutting Back on Discretionary Spending

Circana: Consumers Cutting Back on Discretionary Spending

by Mike Duff | Jul 24, 2023 | Retail Articles

In a Circana study, June retail sales revenues in the United States, combining discretionary general merchandise and consumer packaged goods, increased by 1% versus the 2022 month as unit sales declined by 3%. The results included declines of 4% in dollar sales and 9%...
Circana: Reimagined Rice Cooker Sales Are Steaming

Circana: Reimagined Rice Cooker Sales Are Steaming

by Peter Giannetti | May 17, 2023 | Appliances, Home + Housewares, Kitchen Electrics

Consumers are reimagining rice cookers, and the evolution of rice cookers as a more versatile cooking appliance is driving steep sales growth, according to market research firm Circana. Sales of the “straightforward” rice cooker appliance are up 34%, and units sold...
Circana: Discretionary Spending Slipped in February

Circana: Discretionary Spending Slipped in February

by Mike Duff | Mar 15, 2023 | Retail Articles

Consumers remain wary of spending given the uncertain economy, according to Circana, which reported U.S. discretionary general merchandise retail sales revenue dropped 4% in February 2023 year over year while unit sales slipped 5%. Weekly declines have remained...
Circana: Discretionary Spending Slipped in February

Combined NPD/IRI Retail Market Analytics Company Rebranded Circana

by Peter Giannetti | Mar 7, 2023 | Home + Housewares, Retail Articles

The market research and analytics company formed from the August 2022 merger of The NPD Group and IRI revealed its new company name and brand identity: Circana. Kirk Perry, president and CEO of newly named Circana, said the name conveys “two companies coming together...
IRI/NPD Study: Inflation Forcing Consumers to Rethink Food Choices

IRI/NPD Study: Inflation Forcing Consumers to Rethink Food Choices

by Mike Duff | Aug 26, 2022 | Featured News, Retail Articles

When it comes to dollars and cents, and inflation, eating at home is the less expensive option and one more consumers are preferring, according to a study by the recently merged Information Resources, Inc. and The NPD Group, which provides some evidence that...
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