Research Topic

Following strong sales growth in the first two months of 2022, consumers pulled back on spending in March.

A new report from Circana reveals consumer pullback on spending for discretionary and essential purchases.

New data from Vericast shows that frozen pizza sales were up year-over-year in 2022 as many consumers don't have a preference when it comes to a pizza restaurant.

Nearly all retail channels see modest month-over-month growth in March with general merchandise stores leading the way.

According to speakers at the latest Store Brands Industry Forum, consumer attitudes about spending have changed greatly since the onset of the COVID-19 pandemic.

The latest CPI data points to relief in prices across several categories.

The monthly survey said that cost considerations were a key factor in the nearly 8% decrease compared to March 2022.

Following a record-setting 2022, private label continued to see success in Q1 of 2023 in both food and nonfood categories.