Snacking turns 100 this year, and Americans are celebrating by consuming more snacks than ever. 56% of US consumers snack three or more times a day, a marked increase from 20% in the 1990s and 10% in the 1970s. What originally began at fairs and ballgames is now a national pastime, reports the Wall Street…
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4. Little Big Store: Finite Shelves, Infinite Aisles
The CPG industry went through a period where stores built supercenters large enough to require GPS systems in order to navigate. Those days are over. Today, most retailers are developing smaller formats for neighborhoods or urban environments. The recession enticed many non-grocery channels to expand their grocery offerings. Mass merchandisers, like Walmart and Target, have…