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%...
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...
Extensive follow-up from The Inspired Home Show 2023 is already beginning by suppliers, retailers and other allied businesses that attended the show. So… What did we learn at this year’s show? We learned the show came at an opportune time for an industry still...
With a recession and inflation looming on the minds of many companies and consumers, Joe Derochowski, home industry advisor for The NPD Group, discussed during IHA’s 2022 Connect FALL virtual event where consumers are likely to spend during the next year and how...
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...