Tag Archives: millennials

Move over, Charlie! Victoria identified as the chocolate ‘capital’

Roy Morgan research has shown that 14.2 million Australians aged 14 and over consume chocolate in an average four-week period, with Victoria identified as the chocolate ‘capital’. Chocolate bars were identified as the preferred choice (10.98 million or 77.5 per cent of all Australian chocolate consumers) over chocolate blocks (8.91 …

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Shopping for one? Single-person households soaring

Single-person households are soaring worldwide, with important implications for the supermarket and convenience sectors, says Euromonitor. The finding comes from the global market-research company’s white paper ‘A Look at the Future of the Family’. It reveals how socioeconomic trends are rapidly transforming the traditional definition of the family. It also …

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Recalibrate your approach to reach millennials

Retailers should reassess their business strategy and technological prowess by benchmarking their store layouts, systems and processes against shopping preferences of millennials and post-millennials, who are going to redefine the future of retail, says leading data and analytics company GlobalData. Pressed for time, millennial consumers look for convenience and flexibility, …

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