HOW ARE CONSUMERS BUYING DIFFERENTLY?
Across the United States, consumers rushed to grocery stores to stock up the week of March 9. In cities like Los Angeles and Las Vegas, grocery stores saw upwards of 30% more shoppers week over week as Americans prepared to batten down the hatches and self-quarantine. This spike was followed by a national decline in grocery trips, possibly due to Americans’ following isolation guidelines and reducing their trips out in general.
However, there was an uptick in dollar spend per basket, meaning that with each excursion, shoppers were buying more products to stock up for the time between. This indicates that shoppers are thinking ahead, planning their purchases as best they can, and making more strategic, deliberate buying decisions during their more sparse and crucial outings.
HOW ARE CONSUMERS BUYING DIFFERENTLY?
The week of the spike in grocery store visits, March 9, saw shoppers loading up on what you might expect. The top 10 items with the greatest sales increases almost exclusively consisted of cleaning supplies, first-aid items, canned food and boxed food.
Pantry essentials and cleaning items remained leading purchases over the weeks that followed, along with baking supplies and mixes. However, as we entered spring in full swing, more seasonal and recreational items pulled ahead in terms of sales lift: sunscreen, graham crackers, baked beans, buns, bagged salads and cocktail mixes saw huge gains the week of May 3.
Changing top products show that people are still after staples like beef, but that they’re also making space in their lives for the onset of summer, with all the makings of a backyard family barbecue.