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9/23/2008

IRI Consumer Trends Expert Examines Shape Shifts in CPG-Retailer Relations Initiated by Transforming Economy

Thom Blischok Leverages IRI Research and Consumer Testimonials to Discover How the Grocery Industry is Evolving In Today’s Economy
WHO: Thom Blischok - President, Consulting and Innovation, Information Resources, Inc.

WHAT: Rising oil and gas prices are affecting CPG companies, retail stores and even consumers’ grocery bills in new and fundamental ways. IRI consumer trends expert, Thom Blischok, will discuss how grocery stores are feeling the pinch from today’s economy in his keynote address, “A Transforming Economy Calls for Transforming CPG-Retailer Relationships.” Blischok will detail how CPG companies and retailers are evolving in light of today’s current economic environment using groundbreaking IRI research that tracks consumer behaviors and retail growth in addition to consumer testimonials captured in retail stores across America.

WHY: Consumers, retailers, and CPG companies are all suffering under the changing economy, with new attention given to purchasing habits and packaging costs. The challenges of this economy will persist as oil and gas prices remain high, so CPG-retailer relations must transform in order to meet the demands of the new economy. Blischok will paint a picture of today’s transformed economy and outline the future outlook for retailers challenged with maintaining steady sales and consumers feeling increased pressure to prioritize their purchases.

Blischok’s presentation will address such critical questions as:

  • How is the current economy changing the grocery industry on all levels, and how does it affect the consumer
  • What can CPG manufacturers and retailers do to ease the burden on the already-struggling consumer?
  • Are consumers buying the same items at convenience stores during this transforming economy?

WHEN: Sept. 23, 2008, 1:45 p.m. (EDT)

WHERE:
Grocery Manufacturers Association’s Merchandising, Sales and Marketing Conference
Renaissance Vinoy Resort & Golf Club
501 5th Ave NE
St. Petersburg, FL 33701
www.vinoyclub.com

About IRI
IRI is the world’s leading provider of consumer, shopper, and retail market information, insights and decision solutions to 95 percent of the FORTUNE Global 500 consumer packaged goods (CPG), healthcare and retail companies. Only IRI offers the unique combination of integrated market and shopper information, automated analytics and predictive insights, innovative technology, and domain expertise. With IRI, leading manufacturers and retailers are able to drive their growth by quickly discovering breakthrough insights, making smarter decisions, taking faster actions across the enterprise, and achieving breakthrough results. Companies around the world depend on IRI for technology and solutions that enable brand building, successful new product launches, consumer-driven merchandising/retail execution and consumer and shopper relationship management. For more information, visit http://us.infores.com.

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CONTACTS:
John McIndoe
E-mail: john.mcindoe@infores.com
Phone: (312) 474-3862

Shelley Hughes
E-mail: shelley.hughes@infores.com
Phone: (312) 474-3675

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