Fair 19°
Tag:

Consumer Behavior

News
Costco Raising Membership Fees In US, Canada Costco Raising Membership Fees In US, Canada
Costco Raising Membership Fees In US, Canada The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10.  Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally.  On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1.  Annual memberships are rising $5 making them $65…

SHARE

by Jillian Pikora
Business
McDonald's To Launch Value Meal Deal: Here's When It Starts McDonald's To Launch Value Meal Deal: Here's When It Starts
McDonald's To Launch Value Meal Deal: Here's When It Starts McDonald's plans to offer a $5 value meal to lure back dollar-conscious customers. The one-month promotion starts on Tuesday, June 25, according to CNBC, which first reported the news. It will include a McChicken or McDouble sandwich, four-piece chicken nuggets, fries, and a drink, the outlet reports. "We know how much it means to our customers when McDonald's offers meaningful value and communicates it through national advertising," McDonald's said in a statement to CNBC.  "That's been true since our very beginning and never more important than it is today." Click here to read …

SHARE

by Joe Lombardi
Business
COVID-19: Costco Puts New Limits On Purchases Of Toilet Paper, Some Other Items COVID-19: Costco Puts New Limits On Purchases Of Toilet Paper, Some Other Items
Covid-19: Costco Puts New Limits On Purchases Of Toilet Paper, Some Other Items Costco is set to implement new limits on purchasing products such as toilet paper and cleaning supplies. The decision was made in part due to supply chain issues such as truck and driver shortages and shipping delays, according to a report from CNN. These issues have caused stores to have trouble getting products onto shelves. Related - COVID-19: Supply-Chain Issues Causing Shortages Of Items At Supermarkets, Other Retailers CNBC reported that purchasing limitations will be implemented on items including paper towels, toilet paper, bottled water and certain cleaning products. While …

SHARE

by Nicole Valinote
Lifestyle
COVID-19: Here's Percentage Of Americans Ordering Takeout To Help Small Businesses COVID-19: Here's Percentage Of Americans Ordering Takeout To Help Small Businesses
Covid-19: Here's Percentage Of Americans Ordering Takeout To Help Small Businesses The majority of Americans have been taking steps to support the local businesses that have been hit the hardest during the novel coronavirus (COVID-19) pandemic, according to a new survey. Pollsters surveyed 1,036 Americans around the country over several days, which determined that 76 percent of Americans said they are more likely to buy from a local business than a larger big-box store. Of those polled, 74 percent said they were supporting the small business community by ordering more takeout during the pandemic.  The survey found that 47 percent find themselves supporting small bus…

SHARE

by Zak Failla
Lifestyle
COVID-19: Most Still Visit Stores To Buy Groceries Rather Than Ordering Online, Survey Reveals COVID-19: Most Still Visit Stores To Buy Groceries Rather Than Ordering Online, Survey Reveals
Covid-19: Most Still Visit Stores To Buy Groceries Rather Than Ordering Online, Survey Reveals The novel coronavirus (COVID-19) pandemic hasn’t kept food shoppers from heading to their local grocery stores, according to a new study. A newly released Harris Interactive/Toluna survey found that 70 percent of consumers are still buying their groceries in person, rather than utilizing online delivery options. In total, 1,047 people were polled between Thursday, April 9 and Monday, April 14. The survey also found that the most popular purchases on their shopping list are frozen food (cited by 65 percent), cleaning products (56 percent) and toilet paper (53 percent). According to pollst…

SHARE

by Zak Failla
Lifestyle
COVID-19: These Are Top Five Foods For Panic Buyers COVID-19: These Are Top Five Foods For Panic Buyers
Covid-19: These Are Top Five Foods For Panic Buyers We all know panic buying has caused stores to sell out of certain staples, such as toilet paper, during the novel coronavirus (COVID-19) pandemic. But what food items are now most in demand? According to Nielsen, compared to a year ago, these food items have seen the biggest increases in sales amid the outbreak: Oat milk, up 476.7 percent Dried beans, up 230.5 percent Canned meat, up 187.8 percent Popcorn, up 47.7 percent Eggs, up 44 percent Canned meat, including SPAM, and dried beans are favorites because they can last for months. Nutritionists recommend keeping your freezer and pantry…

SHARE

by Joe Lombardi
Lifestyle
In Person Or Online? How Do You Get Groceries? Survey Shows Public's Choice In Person Or Online? How Do You Get Groceries? Survey Shows Public's Choice
In Person Or Online? How Do You Get Groceries? Survey Shows Public's Choice Online shopping for food and beverages? Most consumers are not ready to do that yet, according to a survey by Morning Consult.  Of the 2,000 American adult shoppers polled, more than two-thirds (67 percent) have never purchased packaged food or beverage products online, the e-survey and market research firm said in its “Consumer Insights On The Food and Beverage Industry” report. Meanwhile, 65 percent of those who have never bought groceries online indicated that they have no interest in doing so in the future, according to this report by supermarketnews.com Sixty-five percent of people who…

SHARE

by Jon Craig
Business
Most Will Buy Groceries Online By 2024, Report Says Most Will Buy Groceries Online By 2024, Report Says
Most Will Buy Groceries Online By 2024, Report Says Grocery lists, frozen food aisles and produce sections may soon be a thing of the past, according to a new report, which states that consumers are continuing a nationwide trend of going digital to purchase groceries. Food Marketing Institute is reporting that as many as 70 percent of consumers will be buying their groceries online as soon as 2024, with Americans spending as much as $100 billion - $850 per household - annually purchasing food over the Internet. Last year, FMI predicted that digital food retailing would reach saturation in the next decade, but “2017 was a year of disruption.”…

SHARE

by Zak Failla