Deep Dive 11 minutes PremiumHow US Consumers Are Shopping for Groceries: Revealing Opportunities in Promotions and Private Label Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research May 2, 2024 What's InsideConsumer packaged goods (CPG) brands and grocery retailers are currently operating in a volatile environment, one that presents unique challenges and numerous opportunities. To succeed in this unpredictable environment, brands and retailers must observe and analyze both the broad trends and subtle shifts in consumer behavior to uncover valuable insights that can help them make more informed decisions. We discuss key ongoing consumer shopping trends in the US grocery landscape, using proprietary Coresight Research consumer survey data, as well as data from Circana and Placer.ai. We also examine store traffic, dwell time, sales and price-per-unit data, as well as trends in the private-label space. Data in this research report include: Proprietary survey data on how consumers are changing their grocery shopping habits in response to inflation Year-over-year changes in weekly grocery store visits and average dwell time Year-over-year growth in dollar and unit sales for the food and nonfood categories Year-over-year changes in the price-per-unit of CPG products Companies mentioned in this report include: Albertsons, Aldi, Costco Wholesale, Grocery Outlet, The Kroger, Sprouts Farmers Market, Target Other relevant research: US Grocery—Retail 2024 Sector Outlook: Growth To Soften Amid Declining Inflation Discount Decades—US Grocery Discounters: Poised for Growth Amid Inflation and Economic Uncertainty Data Dive: When Will US Grocery Unit Growth Turn Positive? Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Purchase this report. Buy Now This document was generated for Other research you may be interested in: Weinswig’s Weekly: China’s Pet Market UnleashedCoresight Bites: US Consumer Tracker—More Shoppers Cut Grocery Purchases Amid High Inflation AwarenessWeinswig’s Weekly: Fashion Retail’s Resilience in the Holiday SeasonWeinswig’s Weekly: Elevated Gasoline Prices and the Pressures on Consumer Wallets