Inflation may be impacting how consumers shop for groceries, but the vast majority continue to carve out room in their budgets for nice-to-have foods and beverages, PYMNTS data reveals. By the Numbers The majority of consumers still buy nonessential items at the grocery store, according...
For a long time, candy brands maintained that chocolate was an affordable luxury, one that consumers would continue to spring for even as prices rose, but now Hershey is finding the limits of what shoppers are willing to pay for a bar of chocolate. The...
With consumers buying more snack foods of late, according to major brands, PYMNTS research reveals they are looking for cheaper ways to get their fix while sticking with their favorite brands. Data from the latest edition of the Consumer Inflation Sentiment series, “Consumer Inflation Sentiment...
As food and beverage companies continue to lose customers to private-label competitors, many are doubling down on the advantages that they have to hold their own. Global food and beverage giant Nestlé, for its part, argues that its strength in supply chain relative to private-label...
