Just-in-time shopping creates fragmented trips and new — but surmountable — challenges for retailers.
Quick trips — those "I need it now" grocery excursions — account for two-thirds of shopping visits and slightly more than one-third of grocery expenditures.
For the third year in a row, Information Resources, Inc. (IRI) and The Boston Consulting Group (BCG) examined more than 400 CPG companies with annual U.S. retail sales of more than $100 million and ranked them based on their growth performance.
Though e-commerce sales of CPG products are projected to reach $10 billion in 2014, that number still accounts for a very small share of CPG sales. IRI's 2014 "Future of E-Commerce" advises companies to be prepared for a potential rapid acceleration in the near future.
Consumers' desire for quick and easy mealtime solutionshas value-added meat taking center plate. During the past five years, dollar and volume sales of value-added meat have outpaced the overall meat sector by a fairly sizable margin.