Industry veteran Shaheen Majeed is the new CEO of three key subsidiaries of BGG World (BGG). Majeed assumed the role of CEO of BGG’s HB Natural Ingredients USA (HBNI) subsidiary on January 1, and assumes the positions of CEO of BGG Americas and Algae Health Sciences (AHS) upon the retirement...
Chicago, IL—IRI has released insights on Thanksgiving-related grocery trends, touching on demographic differences and categories at risk of shortages. The top finding: More people than ever are shopping early. “More than ever before, consumers are planning ahead for Thanksgiving by shopping early for key items, driving a 4% sales lift...
INFRA named Pat Sheridan as President and Chief Executive Officer. Sheridan brings nearly 30 years of business operations and finance leadership experience to INFRA, most recently serving as interim President and CEO and Chief Operating Officer & Chief Financial Officer. He has held leadership roles in finance, operations, and technology...
Chicago, IL—Consumer sentiment is on the rebound after a difficult 2020 impacted by dual health and financial crises. That's a top takeaway from the IRI's Q1 2021 Consumer Connect survey. Still, IRI reports, consumer sentiment and actual consumer shopping patterns are not in tune. IRI explains that despite a positive outlook,...
Chicago, IL, and Waterloo, Canada—IRI announced its acquisition of retail consumer insights provider Intelligent Shopper Solutions (ISS), a retail consumer insight provider that enables collaboration between retailers and suppliers. ISS will operate a stand-alone operating subsidiary of IRI in the near term. A press release from IRI notes that ISS...
Chicago, IL— IRI, in collaboration with The International Dairy Deli Bakery Association (IDDBA), has launched IRI Integrated Fresh, a technology that tracks sales of random-weight as well as traditional UPC items to give retailers and manufactures the ability to measure all items in the store regardless of code type. The...
Chicago, IL—IRI has acquired Retail Solutions, Inc. (RSi), a provider of supply chain solutions for CPG manufacturers and retailers, according to a press release. The addition of RSi’s solutions to IRI’s Liquid Data platform will create a comprehensive supply chain solution, the release explains, as well as a large repository...
Chicago, IL—IRI has announced the launch of the IRI CPG Channel Shift Index and IRI CPG E-Commerce Demand Index as additions to its COVID-19 Insights Dashboard, according to a press release. “The IRI COVID-19 Dashboard has become a trusted, standard resource for understanding the CPG landscape in real time, including...
Austin, TX—U.S. consumers spent an estimated $9.602 billion on herbal dietary supplements in 2019, according to the American Botanical Council’s (ABC) 2019 Herb Market Report. That's an 8.6% increase in total U.S. sales from 2018. And the growth continued as COVID-19 became a public health crisis: During the first six...
Chicago, IL—New research from IRI and SPINS reveals that consumers are purchasing more natural products in 2020, both pre-pandemic and during the pandemic, according to a press release. The new report highlights consumers’ product and shopping preferences, strategies for manufacturers and retailers to attract and retain customers, and suggested strategies...
