The NPD Group

Syndigo Names Dan Hess as Chief Product Officer

Retrieved on: 
Wednesday, November 8, 2023
Software as a service, NPD, The NPD Group, Jordan Company, Summit Partners, Entrepreneurship, B2B, Data management, Comscore, Marketing, Travel, VC, Beauty, Sales

ATLANTA, Nov. 8, 2023 /PRNewswire/ -- Syndigo, a leading SaaS commerce data management provider, and a portfolio company of Summit Partners and The Jordan Company, today announced their most recent executive appointment, with Dan Hess joining as the company's Chief Product Officer and member of the Executive Leadership Team.

Key Points: 
  • Hess joins Industry-leading SaaS commerce data management, syndication, and analytics provider to lead product innovation in next stage of company growth
    ATLANTA, Nov. 8, 2023 /PRNewswire/ -- Syndigo, a leading SaaS commerce data management provider, and a portfolio company of Summit Partners and The Jordan Company, today announced their most recent executive appointment, with Dan Hess joining as the company's Chief Product Officer and member of the Executive Leadership Team.
  • Hess was most recently Global Chief Product Officer for The NPD Group, the global leader in B2C and B2B analytics in 20+ industries including technology, apparel, beauty, media, gaming, foodservice and food consumption.
  • Prior to NPD, Hess served as Chief Product Officer of Comscore, a media delivery and consumption measurement firm across digital, TV, and box-office platforms.
  • "I'm thrilled to have Dan join Syndigo as we continue to build upon our leading data management, product syndication, and analytics platforms," said CEO Simon Angove.

E-commerce Will Be a Destination for More Holiday Shoppers This Year, Reports Circana

Retrieved on: 
Monday, November 6, 2023
Online, The NPD Group, Growth, IRI, Retail

While this is still below the 85% who planned on making holiday purchases online in 2021, it is an increase from last year’s dip to 80%.

Key Points: 
  • While this is still below the 85% who planned on making holiday purchases online in 2021, it is an increase from last year’s dip to 80%.
  • Overall, consumers plan to do more of their holiday shopping online this year, up to 47% from last year’s dip below in-store plans to 45% and just slightly above this year’s in-store plans.
  • “The role that online shopping growth will play in this holiday shopping season is bigger than just where consumers are making purchases,” said Marshal Cohen, chief retail industry advisor for Circana .
  • Holiday spending, and consumer response to fourth-quarter promotions, will be important indicators of what to expect in 2024.”

Circana’s 2024 Food and Beverage Outlook Predicts Modest Volume Growth Following Three-Year Decline

Retrieved on: 
Monday, November 6, 2023
Diet, The NPD Group, Forecasting, Research, IRI, Food, Bottled water

Chicago, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Circana ™, formerly IRI and The NPD Group, today released its 2024 food and beverage outlook, revealing that modest food and beverage volume growth is expected next year after three consecutive years of volume declines.

Key Points: 
  • Chicago, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Circana ™, formerly IRI and The NPD Group, today released its 2024 food and beverage outlook, revealing that modest food and beverage volume growth is expected next year after three consecutive years of volume declines.
  • In addition, our research shows that several factors will impact food and beverage growth throughout 2024, including an improving macroeconomic environment and growing promotional investments.
  • Circana predicts the beverage and deli sectors will carry on outperforming overall food and beverage unit sales in 2024.
  • For more about Circana’s 2024 outlook for the food and beverage industry, please contact Sally Lyons Wyatt .

Circana Announces Winners of Fifth Annual Automotive Aftermarket Performance Awards

Retrieved on: 
Tuesday, October 31, 2023
The NPD Group, Automotive aftermarket, Growth, Maintenance, IRI

CHICAGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- CHICAGO, October 31, 2023 – Circana , formerly IRI and The NPD Group, today announced the winners of its fifth annual Automotive Aftermarket Performance Awards, which were shared with the recipients during the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas.

Key Points: 
  • CHICAGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- CHICAGO, October 31, 2023 – Circana , formerly IRI and The NPD Group, today announced the winners of its fifth annual Automotive Aftermarket Performance Awards, which were shared with the recipients during the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas.
  • The awards recognized brands that achieved the top increases in U.S. market share in key areas of the aftermarket and tires industries.
  • “Consumers are reprioritizing the way they spend, and the aftermarket is finding ways to deliver value that fosters growth,” said Steve Flavin, president of the automotive practice at Circana.
  • “It is a pleasure to once again celebrate the industry’s ongoing resilience, and recognize the brands influencing market growth through continual shifts in consumer behavior.”

Circana Announces Winners of Fifth Annual Automotive Aftermarket Performance Awards

Retrieved on: 
Tuesday, October 31, 2023
The NPD Group, Automotive aftermarket, Growth, Maintenance, IRI

CHICAGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- CHICAGO, October 31, 2023 – Circana , formerly IRI and The NPD Group, today announced the winners of its fifth annual Automotive Aftermarket Performance Awards, which were shared with the recipients during the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas.

Key Points: 
  • CHICAGO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- CHICAGO, October 31, 2023 – Circana , formerly IRI and The NPD Group, today announced the winners of its fifth annual Automotive Aftermarket Performance Awards, which were shared with the recipients during the Automotive Aftermarket Products Expo (AAPEX) in Las Vegas.
  • The awards recognized brands that achieved the top increases in U.S. market share in key areas of the aftermarket and tires industries.
  • “Consumers are reprioritizing the way they spend, and the aftermarket is finding ways to deliver value that fosters growth,” said Steve Flavin, president of the automotive practice at Circana.
  • “It is a pleasure to once again celebrate the industry’s ongoing resilience, and recognize the brands influencing market growth through continual shifts in consumer behavior.”

Korea Ginseng Corp. introduces the sparkling herbal drink HSW to WaBa Grill's health-conscious consumers as part of its 'Food as Medicine' trend

Retrieved on: 
Tuesday, October 17, 2023
Partnership, Health, Food, Chili pepper, KGC, Immunity, Safety, Grill, The NPD Group, Nielsen, CGMP, Goji, Appetite, HSW, Research, Dietary supplement

KGC's partnership with WaBa Grill brings three of the brand's sparkling ginseng drinks – HSW Calm, HSW Recharge, and HSW Sharp – to the WaBa Grill menu, marking KGC's American restaurant market debut.

Key Points: 
  • KGC's partnership with WaBa Grill brings three of the brand's sparkling ginseng drinks – HSW Calm, HSW Recharge, and HSW Sharp – to the WaBa Grill menu, marking KGC's American restaurant market debut.
  • The HSW sparkling herbal drinks, modernized hydration versions of KGC's bestselling herbal tonic HongSamWon tonic, are available starting today at all 190+ WaBa Grill locations across California and Arizona.
  • The three varieties of sparkling herbal drinks – HSW Calm, HSW Recharge, and HSW Sharp – target stress support, energy, and focus, respectively.
  • Korea Ginseng Corp. keeps expanding to make the heritage of Korean red ginseng much more approachable to American consumers."

Holiday Shoppers Feeling Less Festive Plan to Delay Spending to Later in the Season, Reports Circana

Retrieved on: 
Tuesday, October 3, 2023
Thought, The NPD Group, Sale, Delays, Eye, Holiday, Black Friday, IRI, Retail, Fair, Tourism

Consumers plan to spend an average of $754 on holiday shopping this year, which is below last year’s spending intentions.

Key Points: 
  • Consumers plan to spend an average of $754 on holiday shopping this year, which is below last year’s spending intentions.
  • “The consumer is softly thinking about spending less this holiday season,” said Marshal Cohen, chief retail industry advisor for Circana .
  • Almost half (48%) of holiday shoppers point to rising costs and other expenses as a reason they plan on spending less this year.
  • More than a quarter (26%) of holiday shoppers plan to buy all of their holiday gifts on sale this year.

August U.S. Retail Spending Results Reflect Easing Inflation and Adjusted Consumer Priorities, Reports Circana

Retrieved on: 
Thursday, September 14, 2023
Edible, The NPD Group, CPG, Growth, Weather, Food, Holiday, Drink, IRI, Grocery store, Online shopping, Retail

Discretionary general merchandise spending declines continued with a 5% decline in dollar sales and 7% drop in unit sales compared to last August.

Key Points: 
  • Discretionary general merchandise spending declines continued with a 5% decline in dollar sales and 7% drop in unit sales compared to last August.
  • CPG spending gains slowed slightly from last month, with 3% growth in food and beverage, a 2% increase in non-edible revenue compared to last year.
  • “The purse strings are tightening and shifting when it comes to retail spending,” said Marshal Cohen, chief retail industry advisor for Circana .
  • Over the past two years, the once minimal gap in spending changes across general merchandise, food, and non-edible CPG has varied.

Korea Ginseng Corp. and Kabuki Host Grand Launch of Korean Red Ginseng Cuisine: Elevating the 'Food as Medicine' Trend to the Next Level

Retrieved on: 
Friday, September 8, 2023
Partnership, Food, The NPD Group, Eating, Immunity, Research, History, Philosophy, CGMP, Nielsen, Health, Safety, Tourism, Dietary supplement, Kabuki, Medicine

HUNTINGTON, Calif., Sept. 8, 2023 /PRNewswire/ -- In a bold move blending tradition, health, and culinary innovation, Kaizen Group and Korea Ginseng Corp. have joined forces. Their grand launch event – held 09/06/2023 at Kabuki's signature Huntington Beach location – kicked off their joint venture with their unique take on the "food as medicine" trend.

Key Points: 
  • Korean red ginseng, the legendary natural herb recognized for its immunity-boosting, energy-enhancing, circulation-improving properties, is a prime example of this trend, both historically and scientifically.
  • Doctor Lee Yun-beom, the CEO of CheongKwanJang's U.S. headquarters, noted, "Korean Red Ginseng, formally referred to as Panax Ginseng C.A.
  • Many East Asian cuisines rely upon Korean ginseng, featuring it in such dishes as ginseng chicken soup, ginseng rice, ginseng tea, and ginseng desserts.
  • Given this rich history, Korea Ginseng Corp. also offers a more traditional set of selections, making the Asian heritage of Korean red ginseng that much more approachable.

Circana Announces Fast Feedback Guided Surveys Powered by Verified Buying Behaviors and Zappi’s Consumer Insights

Retrieved on: 
Wednesday, August 30, 2023
The NPD Group, CPG, Human, IRI, Online shopping

Chicago, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Circana ®, formerly IRI and The NPD Group, today announced the launch of Fast Feedback Guided Surveys, Circana’s first guided survey solution.

Key Points: 
  • Chicago, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Circana ®, formerly IRI and The NPD Group, today announced the launch of Fast Feedback Guided Surveys, Circana’s first guided survey solution.
  • With a quick-start, guided-setup process and automated analysis and benchmarks, Fast Feedback Guided Surveys enable clients to easily leverage insights from verified omnichannel buyers to answer business questions in seven days or fewer.
  • “Our Fast Feedback Guided Surveys, leveraging verified buyer samples drawn from our Receipt Panel, allow clients to derive insights with scale and agility to better address business needs quickly and effectively.”
    Fast Feedback Guided Surveys were designed to address the need for insight agility among users.
  • Zappi’s consumer insights platform enables Circana’s clients to leverage actionable insights quickly for faster decision making.