Nielsen Studies African-American Consumer Trends

As a consumer group, African-Americans continue to experience population growth, have unique generational behavioral trends and characteristics, and are projected to reach $1.1 trillion in buying power by 2015. This makes them a viable market segment full of business opportunities, according to the “African-American Consumers: Still Vital, Still Growing 2012 Report,” released by Nielsen and…

Fluid Fuels in Flux

Liquid fuels will continue to be the dominant fueling option for drivers for the next two-plus decades, but the composition of these fuels will undergo significant change, according to a new NACS report, Future of Fuels 2013, which analyzes U.S. Energy Information Administration (EIA) 2013 Annual Energy Outlook projections. The market share of liquid fuels…

There’s a Card for That

Prepaid cards are becoming increasingly popular among under-banked consumers. As a result, companies have been rolling out a range of prepaid cards that appeal to a variety of financial interests, USA Today reports. Prepaid cards are becoming increasingly popular for several reasons: The number of consumers forgoing traditional banking is rising, prepaid cards often tout…

Meal Solutions Rule Retail

Food retailers of all kinds are finding ways to ramp up their retailer meal solutions (RMS) programs, which have emerged as a critical strategic initiative for not only most supermarket chains and supercenters but also for convenience stores, dollar stores, and drug stores, says food consultancy Technomic. Shifting consumer dynamics are one reason RMS continues…

Craft Beer Goes Bigger

Craft brewers have had their eyes on expansion in recent years, gobbling up shelf space and capturing a bigger slice of the beer market. But now, breweries are turning to a different way to expand their business: larger container sizes, the New York Times reports. For example, Dogfish Head Brewery will soon switch one of…