Insight of the Day: Consumers Battle Fatigue Over Food Inflation
Findings: The cost of a 10-person barbecue in 2024 has reached a record high of $99, a 32% increase since 2019. Consumers are eating out...
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InsightTrendsWorld
Jun 262 min read
Insight of the Day: Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
Five Key Factors Shaping the Shopping Habits of Financially Struggling Consumers: Findings: Back to Basics: 72% of income spent on...
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InsightTrendsWorld
Jun 211 min read
Insight of the Day: Meet the 27 Million Americans Who Drive 8% of Consumer Spend but Struggle to Pay Their Bills
Key Findings: Consumer sentiment is at a seven-month low despite positive economic indicators. Consumers across all income levels are...
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InsightTrendsWorld
Jun 211 min read
Innovation of the Day: Complimentary QSR Fries Promotions
Findings: McDonald's is launching a "Free Fries Friday" promotion, offering a free medium fries with a $1+ purchase through their app...
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InsightTrendsWorld
Jun 181 min read
Insight of the Day: Why 44% Of Potential Electric Car Buyers Are Postponing A Switch To EVs
Findings: A McKinsey study shows that 46% of EV owners in the U.S. would consider switching back to gas-powered cars. The main reasons...
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InsightTrendsWorld
Jun 131 min read
Insight of the Day: Why are China’s consumers spending less?
Findings: China's economic growth is slowing down due to multiple factors, including a struggling property sector, rising...
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InsightTrendsWorld
Jun 112 min read
Insight of the Day: Frugal revolution? How inflation 2024 is changing consumer habits
Findings: American consumers are cutting back on discretionary spending due to inflation. Lower-income households are struggling the most...
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InsightTrendsWorld
Jun 62 min read
Insight of the Day: Demand for used BEVs and hybrids is set to grow once ‘price is right’
Findings: Strong interest in used hybrids and EVs: 58% of buyers would consider a used hybrid, and 50% would consider a used EV....
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InsightTrendsWorld
Jun 62 min read
Insight of the Day: Lack of cheap used EVs slowing down Britain's move to electric cars
Findings: Limited supply of affordable used electric vehicles (EVs) under £15,000 in the UK. Increased availability of new EV models but...
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InsightTrendsWorld
Jun 52 min read
Insight of the Day: Off-price retailers are becoming a hit with Gen Z
Key Findings: Off-price retailers are gaining popularity with Gen Z: Discount chains like TJ Maxx, Ross, and Nordstrom Rack are reporting...
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InsightTrendsWorld
Jun 42 min read
Insight of the Day: Consumers Are Fed Up With Tipping and Take to Social Media to Prove It
Findings: Consumer sentiment against tipping is rising: Consumers are increasingly expressing frustration with tipping, particularly due...
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InsightTrendsWorld
Jun 41 min read
Insight of the Day: Most Americans are significantly stressed about money — here’s how it varies by demographic
Findings: Financial stress is widespread in the U.S., with 47% of adults reporting it negatively impacts their mental health. The top...
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InsightTrendsWorld
Jun 41 min read
Insight of the Day: Electric Cars Are Suddenly Becoming Affordable
Findings: Electric vehicle (EV) prices are falling due to increased competition, lower raw material costs, and more efficient...
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InsightTrendsWorld
Jun 42 min read
Insight of the Day: Car Deals Vanished During the Pandemic. They’re Coming Back
Key Takeaway: The auto industry is shifting back to offering discounts and incentives as vehicle production rebounds and demand cools...
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InsightTrendsWorld
Jun 11 min read
Insight of the Day: Mintel’s Guide to Consumer Spending Habits: How Has Consumer Spending Behaviour Changed?
Key Findings: Consumers globally are adjusting spending habits due to economic challenges. While some macroeconomic conditions are...
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InsightTrendsWorld
Jun 11 min read
Insight of the Day: U.K. millennials will probably never experience the same income boom as Gen X and baby boomers, major study shows
Findings: Economic Disparities: Millennials in the U.K. are unlikely to experience the same income growth as previous generations such as...
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InsightTrendsWorld
Jun 11 min read
Insight of the Day: Fast food deals were off the table. Now they’re roaring back
Findings: Fast food chains are returning to price promotions and discounts to attract customers amidst rising food costs and slowing...
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InsightTrendsWorld
May 211 min read
Insight of the Day: Wendy's will offer $3 breakfast deal as rivals such as McDonald’s test value meals to drive sales
Wendy's is offering a $3 breakfast combo starting Monday in response to a decrease in consumer spending on dining out. The deal includes...
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InsightTrendsWorld
May 131 min read
Insight of the Day: The $5 McDonald's meal may be making a grand comeback — but only for a month
McDonald's is reportedly planning to introduce a limited-time $5 meal in the US as a response to rising inflation and increased price...
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InsightTrendsWorld
May 11 min read
Insight of the Day: As it loses customers to rivals, McDonald's shifts its focus to value
Here's a summary of the article, highlighting the key points of McDonald's strategy shift: McDonald's Faces Competition from...
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