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IRI in the News

Archives (2005 to 2008)


Brand Week
Women ages 20 to 30 represent a $54 billion marketing opportunity for packaged goods companies, but their needs and values are vastly different from the generation before them, a new report from Information Resources found.

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The Associated Press

What goes well with Slim Jims and Slurpees? 7-Eleven wine, naturally.

The convenience store chain announced Tuesday it is getting into the value wine business, releasing two low-priced proprietary wines in the United States and Japan.

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Beverage Industry
The convenience channel is getting a run for its money from alternative retail formats in the battle for quick-trip customers, say retail industry experts.
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Supermarket News
Online selling and green-product merchandising are among major trends ahead for this holiday season, according to Thomas Blischok, Information Resources Inc.'s president for Global Retail.
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Marketing Profs
In the past year, the most fundamental of the 4 Ps of marketing—price—has rapidly risen to prominence.
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New York Times
Familiar packaged foods that were once dismissed as dowdy or out of date are regaining their puissance as Americans spend less and eat at home more.
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AMR Research
In the face of the 22nd month of the largest recession since World War II, consumers have fundamentally changed, with national brands losing market share to private brands as consumers seek “value.”


Wall Street Journal
Before walking into a Walgreens drugstore here, Todd Vang donned glasses that blurred his vision, slipped un-popped popcorn into his shoes and adjusted tape that bound his thumbs to his palms.

Radio Business Report
That’s the good news, according to a new study from researcher Information Resources Inc. IRI refers, of course, to consumers, who are beginning to emerge from their bad economy bunkers and are making plans to enjoy the upcoming holiday season.
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New York Times
After clamping down last year, U.S. holiday shoppers are more willing to crack open their wallets in 2009, but still intend to hunt for discounts, a survey released on Tuesday found.
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CNBC
CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.
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Chicago Tribune
Consumers are ready to come out of hiding for the holiday shopping season, but they will be picky about how they spend their money, according to a study to be released Tuesday.
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Reuters
After clamping down last year, U.S. holiday shoppers are more willing to crack open their wallets in 2009, but still intend to hunt for discounts, a survey released on Tuesday found.
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Supermarket News
Now, with the recession beginning to ease and prices for many — but not all — categories lower than before, consumer behavior is no longer as predictable.
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Brand Week
The outlook for the consumer packaged goods industry gets better with age, per a new report from IRI.
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Women's Wear Daily
The economic calamity that engulfed the U.S. starting 80 years ago influenced a generation of consumers, and the current financial upheaval might also have a lasting impact, according to a new study.

Forbes
Survey shows most cut back less now than in late 2008.  IRI says private label penetration growing.
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Brand Week
It's not a good time to be a mid-tier brand, per the IRI Times and Trends report entitled "The Value/Premium Dichotomy." While some shoppers are flocking to value brands, others are still paying top dollar for premium products despite the economy.
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Grocery Headquarters Magazine
In research recently completed by Chicago-based Information Resources, Inc., consumers report that their decisions to purchase private brands involve many factors, including their emotional connection to the retailer itself and not simply low price.


Beverage Industry
Without question, it's tough out there, and it's going to get tougher," stressed Thom Blischok, president of Consulting and Innovation for Information Resources, Inc., kicking off the general session of the IRI Reinventing CPG and Retail Summit: Insights to Impact, at the Wynn Las Vegas.

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Other IRI News
Representing One of the Largest U.S. Demographics, Millennials Will Soon be Entering Strong Growth Period in Income and CPG Spending
Millennials-Americans born between 1979-1989-are one of the largest demographics in the country and will soon be entering a strong growth period in both income and consumer packaged goods (CPG) spending.
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CPG Marketers with Intimate Understanding of how Consumers are Wired and a Deft Ability to Market to the New Consumer Will Win Game in Long Run
The latest IRI Times & Trends Report, "Zero-Moment of Truth: Redefining the Consumer Decision-Making Process," takes an in-depth look at how shoppers learn about, plan for and execute their consumer packaged goods (CPG) shopping trips and how these behaviors have changed in response to a prolonged period of economic unrest.
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At this week’s NACS Show in Las Vegas, IRI’s Matt McCourt will discuss how convenience store retailers can learn what their customers want most by utilizing sophisticated shopper tracking tools. During his panel presentation, “How Many Is Too Many? Making Your Product Selection Work for You,” McCourt will highlight how key analytic tools can assist retailers in gleaning valuable insights into their customers’ shopping patterns in order to effectively plan, advertise and promote convenience store products.
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Today’s retailers need to take advantage of the wealth of insights and data they have at their disposal in order to get up close and personal with their customers, develop successful in-store strategies and inspire long-term shopper loyalty. In his keynote presentation, “Getting the Most From Your Data: Analyzing Loyalty,” Thom Blischok, an industry thought leader in the CPG retail and manufacturing industry, will share in-depth next generation shopper engineering strategies to help retailers maximize their customer data and build solid loyalty relationships with their most important shoppers.
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"Savvy Supermarket Cents™" Contest Entries Accepted at www.YouTube.com/SavvyCents
Information Resources, Inc. (IRI) today announced its new nationwide video contest, hosted on www.YouTube.com/SavvyCents, which recognizes and rewards these innovatively frugal shoppers.
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