Frustrated by rising prices and inconsistent quality, consumers are turning away from traditional restaurants. From fast food to delivery, delis, and meal kits, alternative dining options have become a staple in their daily lives.
Tag: consumers
Founded by four amateur musicians with a passion for rock, Ukraine’s largest holding company, which includes supermarkets and banks, has paid a heavy price for the war. But that has not stopped Fozzy Group from using its economic power to serve its threatened homeland.
A milk-free vegan version of the famous Nutella spread hits the shelves this week in three European countries. With this move, the Italian company Ferrero that makes it intends to triple sales of its chocolate plant-based category within a year, across all brands.
Our battle to keep local stores open, despite the evolution of our consumption habits, may just be the expression of nostalgia of a rural dream that is gone. Or is it really?
What you have in your plate isn’t always what you think it is. As food counterfeiting increases in the food industry and in our daily lives, some products are more likely to be “fake”, and it’s up to consumers to be careful.
More than 300 companies have announced plans to close stores, reassign staff or stop selling products in Russia since the Feb. 24 invasion. These decisions fit in with a recent trend of companies listening to customers, though the geopolitical factors are a new twist.
Consumer habits shifted dramatically as people sheltered in place. In-person shopping is picking up again, but everything’s still in flux for sellers, who will have to adapt or say ‘adios.’
-Essay- SANTIAGO — Nowadays, it’s virtually impossible to surprise anyone. This is a big challenge, especially in the entertainment industry where you need to make a considerable effort to stage memorable events that have an impact. When you consider that most consumers now are millennials, you have to ask, how do you make them pay […]
NEW YORK CITY — The 19th-century French sociologist Gabriel Tarde defined the marketplace as a war between buyers and sellers. He called price “a truce” obtained by haggling. It was because of that “war” mentality, he explained in his Selected Papers, that authorities in Europe began fixing prices on goods and services. The goal was […]
Globalization downsized? Taking lessons from Chinese immigrant-owned shops, foreign chains Carrefour and Walmart are opening smaller markets to make shopping faster and cheaper.
In Peru, for example, keep your eye on the *Chopers.
PARIS — The figures are dizzying. According to the Rome-based Food and Agriculture Organization, 1.3 billion tons of food — one-third of the world’s total food products — are thrown away or wasted each year. Among the food we needlessly toss are yogurt pots that have passed their “best before” date and potatoes that aren’t […]
The modern consumer is bombarded by advertising that exploits our “addiction” to visual stimuli. But after the holiday rush, can we still become discerning buyers?