Consumers recognize AI in devices, but resistance remains
For consumers who are resistant to AI, practicality and trust remain key barriers.
For consumers who are resistant to AI, practicality and trust remain key barriers.
“Consumers continue to spend what they can, but price elevation is curtailing purchases,” said Marshal Cohen, chief retail industry advisor for Circana.
Liquid Testing uses AI-powered test design, automatic store matching, and easy-to-understand reports to deliver results in days rather than weeks or months.
Combined, Black Friday Week and Cyber Week resulted in a 2% dollar and nearly 5% unit decline from last year.
About one in five consumers purchased fragrance as a holiday gift last year, and purchase intentions are even higher this year.
The judge found the administration’s partial funding insufficient and warned that food banks and community organizations are struggling.
Consumer confidence stays weak, especially among low- and middle-income households, who are sharply cutting discretionary spending.
This shift directly impacts purchasing decisions, with consumers altering their baskets to align with new dietary preferences.
“Invisible Inflation” emphasizes importance of product relevance as consumers prioritize spending.
By Jennifer Famiano, beauty industry analyst at Circana
While Boomers and Gen X hold most retail dollars, Circana predicts Gen Z and Millennials will generate over 60% of sales growth by 2030, indicating a major shift in consumer influence.
Circana reports an 88% jump in sales, with younger consumers leading adoption
Dollar growth was driven by food, beverage, and non-edible CPG, while unit sales were flat or down across all categories.
Circana experts will team up with industry partners to explore consumer and market shifts across confectionery, tobacco, dairy, deli, bakery, and marketing strategy.
Stuart Aitken says low-income households are making trade-offs, but holiday spending will highlight the enduring strength of consumer demand.
Circana expects overall office supplies revenue in 2025 to fall 2% from last year, with back-to-school serving as a relative bright spot.