Circana: Holiday spending lower than in 2023
Holiday 2024 retail sales face a 3% decline compared to last year despite Black Friday and Cyber Monday boosts.
Circana
Circana report highlights the importance of SNAP shoppers for retailers and brands
“With one in eight Americans relying on SNAP for their nutritional needs, this group represents a critical segment for retailers and manufacturers.”
Circana: Food and beverage industry had modest growth in 2024; and the outlook for 2025 is encouraging
“Consumers are driven by a demand for value, impacting both volume and price/mix growth.”
Circana: Hispanic consumers drive 16% of total U.S. CPG growth
Hispanics now comprise 20% of the U.S. population and accounted for 71% of national population growth between 2022 and 2023.
