As shoppers continue to face higher grocery prices, they’re using multiple tactics to reduce or reallocate weekly food spending, like trading down to private label items, buying in bulk, using more leftovers or choosing a quick-service restaurant over a full-service restaurant, according to Circana food and beverage analysts at their annual Growth Summit last week.
Social media is playing an increasingly important role in purchase decisions. Whether inspiration or product discovery, information-gathering or purchase, it’s a topic that came up again and again at The Inspired Home Show 2023.
Both art and science are important factors in the color and design trends influencing home and housewares right now, said color expert Lee Eiseman in her keynote address, The Art of Living: Directional Color/Design Trends, at The Inspired Home Show 2023.
Consumers are prioritizing wellness, but they also value time, space, experience and responsibility said the IHA Market Watch authors at a keynote session at The Inspired Home Show 2023.