Is Payroll Tax Increase Beginning to Affect Consumers?
For a consumer with household income of $40,000, the 2% increase in the payroll tax represents $800 in reduced spending power per year, according to Symphony Consulting, a business unit…
Beer Ups and Downs
Beer remained the largest segment of the U.S. adult beverage industry, accounting for more than four-fifths of total alcohol volume, but was challenged by both economic and consumer trends that…
Monster Beverage Switches Labels
Monster Beverage will now list the caffeine amount on each can of its energy drinks, a move that is part of an overall label change, the Associated Press reports. Can…
WorldPay Offers Advice on Credit Card Surcharge
In late January, Visa and MasterCard announced that as a result of a November 2012 federal district court settlement ruling, merchants in the U.S. and U.S. territories were able to…
Organic Milk Sales Increase
Organic milk sales were up 15% last year, Supermarket News reports. While representing just 3.8% of total milk volume, organic milk continues to gain momentum with consumers, according to Prime…
Preference for Mobile Coupons Rising
More than 42% of women who redeem grocery and consumer coupons prefer receiving SMS-based coupons via their mobile phones, according to RadiumOne’s mobile coupon research study, “Improving the Performance of…
Mid-Calorie Trends
Snack brands like Dreyer’s/Edy’s ice cream, Hershey’s chocolate, and Lay’s potato chips are trying to solve the dieter’s dilemma by rolling out mid-calorie goodies that have more fat and calories…
Economic Uncertainty Grows as Gas Prices Climb
Consumers are increasingly pessimistic about the economy and gas prices are a growing reason why, according to the results from the monthly NACS Consumer Fuels Survey. Nearly one quarter (23%)…
Foodservice Beverage Sales Up
According to new Technomic research, foodservice beverage sales rose sharply last year, with 71% of consumers now purchasing beverages away from home twice a week or more, up from 66%…
Convenience Channel Ends 2012 on a Positive Note
Visits to convenience stores increased by 4.6% during the fourth quarter of 2012 compared to same quarter year ago, according to The NPD Group. NPD’s convenience store research reports that…