Top Retailing Trends in the Americas in 2015

250_topRetailingTrends-v1.1Download this e-book for a regional overview of the retailing market in Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Peru, United States, Uruguay and Venezuela.

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Internet retailing is one of the most valuable and fastest growing channels globally with a 12% forecast compound annual growth rate (CAGR) from 2014-2019.  During the same period, Latin American internet retailing is expected to see a 10.8% CAGR and the US 9.6% growth, respectively. To keep up with their fast-growing competition, in-store retailers have added mobile apps for use in store to enhance consumers shopping experiences and supported higher taxes on internet purchases.

Convenience stores are also growing in popularity despite experiencing different levels of growth in North and South America markets.  For example, Super 24, the only convenience store chain in Guatemala, has tripled its stores since 2010 as many consumers are shopping at convenience stores in place of small independent grocers. Argentine cities are also turning to easier options to shop on the go and Colombians prefer the appealing prices and proximity of convenience stores.

“2014 saw a lot of opportunities for growth and change within the retail category,” said Latin America Research Manager, Sean Kreidler.  “In the coming years, both North and South American regions will remain a lucrative but challenging retail environment.  Sales will continue to grow due to innovation and the opportunity to utilize both online and in-store shopping experiences. However, companies need to be flexible to the needs of consumers, while differentiating themselves from their competitors to be successful in the industry.” 

February 28, 2015

Euromonitor to Speak at CARTES America 2015

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Event Name: CARTES Secure Connexions – America

Dates: May 5-7, 2015

Location: Washington, DC

Description: CARTES Secure Connexions America is a new business event designed to promote smart technologies in the large and dynamic North American market. The event combines a high level conference program with international experts and a comprehensive exhibition featuring the most representative companies in the industry.

They will present their latest innovative technologies in card manufacturing, payment solutions, identification and authentication solutions, mobility and digital security. They will benefit from a booming market with the potential deployment of EMV standard, the arrival of NFC-enabled mobile phones and the numerous e-government and security applications.

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What the Loss of the Costco Co-branding Partnership Means for American Express

Kendrick SandsAnalyst Insight by Kendrick Sands - Senior Consumer Finance Analyst

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American Express recently reported that its Costco exclusivity agreement that had been in place for 16 years would come to an end in 2016. Both Costco and American Express cited an impasse on terms that would make it “economical” as the justification for the termination. A similar agreement was cancelled in Canada last year between the two companies and could provide some insight into what the future relationships between Costco and American Express will look like going forward in the US. Co-branding presents a sizable opportunity for card networks and issuers beyond immediate revenue from payment volume. The loans and access to a particular consumer segment can provide an initial contact point for additional financial service cross-selling. However, in an increasingly competitive environment for co-branding partnerships among networks, the share of profit created from the programs may continue to shift toward retailers.

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Trends in Beverage Packaging

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Growth in beverage packaging has occurred mostly in emerging markets as sluggish GDP growth in developed markets has led to stagnation in consumer spending. This podcast discusses strategies to exploit these higher growth rates, the benefits of connecting with lower income consumer bands, and strategies to leverage packaging to increase the accessibility of FMCG goods. Listen to the podcast for complete insights.

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February 27, 2015

Euromonitor to Speak at Coffee Fest 2015

CoffeeFestLogoRebuildBKEvent Name: Coffee Fest

Dates: June 05 - 07, 2015

Location: Chicago, IL

Event Description: Fueling your expectation with the experience of more than 300,000 coffee and tea pros that have attended since 1992. Coffee Fest has been serving the specialty coffee and gourmet tea industries since 1992. Viewed by most as the best tradeshow both nationally and internationally, Coffee Fest is specifically for those involved with retailing coffee, tea and related products. Coffee Fest continues to evolve and stay at the forefront of emerging trends.

Speakers: Eric Penicka and Mark Strobel

Presentation Title: The State of the North American Coffee Market

Presentation Time and Date: Sunday, June 7th at 8:00 am

Presentation Description: This session will focus on the top coffee trends and developments in the US, Canada and Mexico using Euromonitor International’s beverages data. Join drinks researchers Mark and Eric as they provide key insights into these fast growing markets and the latest drivers of consumer demand.

Website: http://coffeefest.com/

Starbucks Subscription Reserve Coffee is One More Step in its Third-Wave Evolution

ElizabethFriendAnalyst Insight by Elizabeth Friend - Senior Consumer Foodservice Analyst

Starbucks’ recent performance has been very strong, but that hasn’t prevented the company from seeing the writing on the wall. Scores of super-premium, third-wave coffee competitors are rising up in all of the most important developed markets. To keep them at bay, Starbucks is taking consistent steps toward staying ahead of evolving consumer preferences.

In its most recent move, Starbucks has added a subscription-based service for its small-lot Reserve brand coffee, promising delivery of the rare beans within days of roasting at its new Seattle Roastery and Tasting Room. In one fell swoop, the service provides a small but stable revenue stream, solves a distribution issue, and most importantly, helps to cement Starbucks’ new branding as a purveyor of third-wave coffee—offering the quality of coffee typically found at an independent coffee shop, with the benefits and services of a massive global chain.

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Alcoholic Drinks 2015 Preview for Wine: 3 Key Trends

Spiros_MalandrakisAnalyst Insight by Spiros Malandrakis - Senior Alcoholic Drinks Analyst

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  1. Lighter, transparent, casual and in the mix: Still Wine Moving On: Initiatives favouring moderation in terms of abv content and questioning the gospel of oak maturation, launches reassessing the decades long myopic scoffing of sweeter styles , a progressive inclusiveness of experimentation and mixers and a hesitant embrace of convenience and the category’s side-lined casual nature will be the key themes in the short to medium term. The catalyst will be the proliferation and expansion of the social media universe democratising the reviewing, comparing and buying processes. From flavoured wines to Wine Raves and from smartphone apps to radical packaging designs, a belated New Dawn for still light grape wine is now upon us. The epicentre for growth will shift back towards the US as the Chinese macro and legislative headwinds take their toll.

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Fashion Friday: Can Swatch's Smart Watch Compete in the Wearables Market?

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The Swatch Group Ltd is expected to launch its first smartwatch by mid-2015.  This podcast discusses the impact of Swatch entering the wearables market and what it means for competitors. Will the Swatch Touch smartwatch dominate the wearables market? Can Swatch compete against technology giants like Apple and Samsung? Listen to the podcast for further insights.

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February 26, 2015

Organic and On-the-Go, Recipes for Soup's Recovery?

Raphael_MoreauAnalyst Insight by Raphael Moreau - Food Analyst

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With the launch of an organic soup range under the Campbell’s brand in the US in February, Campbell Soup Co is seeking to focus on premium soup, moving away from its core ranges of canned/preserved soup, and attempting to appeal to a younger audience. Almost concurrently, under its Plum Organics brand, the group also introduced an organic soup range, adopting a similar strategy to other baby food manufacturers in extending its reach beyond baby food and into children’s food to widen its target audience.

As the two organic ranges, already announced in August and October 2014, respectively, were introduced almost simultaneously in February 2015, they may struggle to each succeed in establishing their presence in their adjacent niches. The Plum Organics brand may also suffer from too much diversification, which could result in further dilution of its image, until recently rooted in baby food.

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Affordability is Key in Global Food Packaging

Affordability of food packages is driven by two opposite product positionings: very small and very large. Small pack sizes offer consumers the ability to purchase single units for low prices while large pack sizes offer better value for money. Watch the full video for complete insights.

Karine.DussimonVideo features Karine Dussimon

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Euromonitor to Speak at Tissue World Barcelona 2015

TissueWorldBarcelonaEvent Name: Tissue World Barcelona

Dates: 17-19 March, 2015

Location: Barcelona, Spain

Event Description: Tissue World Barcelona is the world’s largest show specifically for the tissue business. It gives tissue makers, converters and suppliers to the tissue making and converting industries a unique experience and opportunity to  network, exchange ideas and learn. A truly global event, the show attracts key tissue industry professionals from across the world who gather in Barcelona to see what is on offer and to learn about technological advancements in tissue manufacturing. Tissue World also focuses on product innovation and sustainability and provides valuable content for buyers and decision makers who attend the event.

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Recent Posts

Euromonitor to Speak at CARTES America 2015

What the Loss of the Costco Co-branding Partnership Means for American Express

Trends in Beverage Packaging

Euromonitor to Speak at Coffee Fest 2015

Starbucks Subscription Reserve Coffee is One More Step in its Third-Wave Evolution

Alcoholic Drinks 2015 Preview for Wine: 3 Key Trends

Fashion Friday: Can Swatch's Smart Watch Compete in the Wearables Market?

Organic and On-the-Go, Recipes for Soup's Recovery?

Affordability is Key in Global Food Packaging

Euromonitor to Speak at Tissue World Barcelona 2015