Shopper confidence in food hits seven-year high

Shopper confidence in food hits seven-year high

While overall shopper confidence remains at one of the lowest levels on record, consumer trust in food has hit a seven-year high, according to the latest results from the IGD Shopper Confidence Index. The IGD Shopper Confidence Index in May 2020 remains low at -10...
Global grocery retail to add $2.2 trillion in sales by 2024

Global grocery retail to add $2.2 trillion in sales by 2024

The global grocery retail market will generate an additional US$2.2 trillion in sales by 2024, growing by 24%, according to the latest forecast from international research organisation IGD. IGD’s forecast anticipates: Asia will account for nearly 50% of all new sales...
Food and grocery has appetite for diversity but more work needed

Food and grocery has appetite for diversity but more work needed

Although the vast majority (84%) of companies in the food and grocery industry believe they are performing better today than they were five years ago on diversity and inclusion, fewer than half (45%) of businesses have adopted a co-ordinated strategy on the topic. And...