Traditional retail has faced major headwinds from online competition and
shifting brand preferences.
Not exact matches
As the U.S. population continues to
shift toward diversity and a multicultural majority,
brands can not afford to ignore the unique
preferences of African - Americans.
They are influencing and accelerating
shifts in consumer attitudes, spending habits, and
brand perceptions and
preferences among Gen - Xers and even baby boomers.
As consumers»
preferences continue to
shift, energy drink
brands at NACS showed a desire to pivot their offerings along with them.
Traditional companies like Campbell have been struggling against a backdrop of
shifting food
preferences in markets all over the world, however, Campbell's is hoping the addition of Snyder's snacks
brands will shore up its position in - store.
The numbers indicate that consumer
preference has
shifted towards niche
brands, which has added nearly a quarter of a billion dollars to the market in the past three years, according to NPD.
Pet Food Express was one of the first pet chains to embrace the
shift in consumer
preference to the natural / holistic pet food
brands.
Hackett says
shifting consumer
preferences have caused some big - name conventional
brands to launch their own natural lines, intensifying competition.