What's Inside

With US shoppers cutting their unit purchases in grocery retail and adjacent sectors, we assess the CPG (consumer packaged goods)/grocery-store categories where unit declines are the steepest. We also summarize reported metrics and commentary on volumes from selected major CPG brand owners.

This report is part of our Data Dive series, in which each report offers an essential briefing on topical, need-to-know data.

Data in this report are:

• US food retailers’ CPI, value sales and CPG unit sales—year-over-year change and PPT difference, January 2022–January 2023
• US food retailers—20 categories seeing the deepest unit sales declines in 13-week periods
• US food, drug, convenience and mass retailers—20 categories seeing the deepest unit sales declines in in 13-week periods

Companies mentioned in this report are: Clorox, Colgate-Palmolive, Haleon, Kimberly-Clark, Kroger, Procter & Gamble, Reckitt, Unilever

Other relevant research:

• Market Outlook: US CPG—Growth Led by Price Hikes Amid Macroeconomic Volatility
• The Coresight Research x IRI US CPG Sales Tracker provides data-driven insights into online sales trends in the US CPG industry.
• All Coresight Research coverage of the CPG sector and food and grocery retail
• The previous report in our Data Dive series, Mapping Bed Bath & Beyond Store Closures—States Impacted and Retailers Likely To Benefit