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Top-spending consumers spend more
The average household spends $3,400 on packaged goods, but the average grocery banner only captures as much as 20% of that, according to a recent IRI report. “With the overall market not growing, retailers and manufacturers need to find new sources of growth by capturing a bigger piece of the existing pie,” wrote Web Fletcher, principal at IRI Shopper Analytics and lead author of IRI’s “Delivering Growth Through High-Value Customers” research, which was published in July.
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DSN inaugural healthcare industry survey assesses data needs
Drug Store News in May conducted a survey of healthcare industry professionals to determine views about existing data management practices and future needs across the sector.
Working with the Hamacher Resource Group, DSN analyzed more than 300 responses from its readers on topics such as market conditions, investment and acquisitions, industry initiatives and general retail pharmacy operations. Some of the key insights DSN found in its inaugural State of the Industry survey include: