DATA INSIGHTS: CHANNEL TRENDS & FOOT-TRAFFIC REVIEW MARCH 2024

April 19, 2024 |

In the CPG industry, we’re witnessing a promising uptick in dollar growth across most channels, though Regional & Independent Grocery stores remain the exception. Despite a challenging environment, unit growth is making gradual improvements, even if still negative in Natural Expanded and Regional & Independent Grocery channels. Interestingly, Average Retail Prices (ARPs) have held steady in most areas, except for a noticeable decline in the Natural Expanded channel. While every channel has seen some level of dollar growth, the pace has moderated recently, indicating a potentially stabilizing market. This mixed bag of trends suggests a complex but cautiously optimistic outlook for the industry.

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