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Lower Income Shoppers Mean Higher CPG Sales Opportunities: Study
CHICAGO -- Lower-income households actually outpace their higher-income counterparts in consumer packaged goods (CPG) spending, and will spend $85.3 billion on CPG in 2007 while generating an additional $84 billion in incremental CPG growth during the next decade, according to a new study by market research firm Information Resources, Inc. -
Pet Recalls Continue to Surface
INDIANAPOLIS -- Marsh Supermarkets here is changing the name of its smaller, no-frills LoBill grocery stores in the Muncie, Ind. area into Marsh Hometown Markets. LoBill signs are in the process of being removed and replaced by temporary "Marsh Hometown Market" banners, according to local reports.