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Jim Beam halts production at flagship distillery for 2026 amid whiskey market slump
CNBC Television· 2025-12-23 12:43
in three, two, one. >> Right. America's largest bourbon maker, Jim Beam, is pausing production at its flagship facility in Kentucky.The distiller is owned uh by Japan Santoi said the pause will begin on January 1st and last the entire year. The facility produces about a third of the company's annual output and bourbon sales have rapidly declined this year uh after more than 20 years of expansion uh in the US. Uh the slump is due in part to changing consumer behavior.A recent Gallup poll found that 54% of Am ...
Assortment and activation are driving demand in retail, says Dana Telsey
CNBC Television· 2025-12-22 12:28
Retailers bracing for the final few shopping days before Christmas. Joining us now with her top picks in the sector heading into 2026, Danny Telsey, Telsey Advisory Group's chief research officer and CEO. Good morning to you.We always love uh getting a pulse check from you about what is actually happening out there since you often are walking I imagine even this past weekend through the stores seeing what's happening. So what is happening. >> Happy holidays Andrew.Thank you for having me. What is happening. ...
X @The Economist
The Economist· 2025-12-09 05:40
Market Trends - Facekinis have transitioned from inexpensive, poorly designed products for older individuals to fashionable items primarily purchased by younger consumers [1] - Facekinis were previously mainly used at beaches [1]
Schwartz: Cyber Week is when consumers buy what they’ve waited for all year
CNBC Television· 2025-12-01 12:16
All right, so we had Courtney run down a few stats. I think this is the most interesting one, at least for me. Luxury sales up 21% year-over-year on Black Friday.What does that say about the consumer. Because I thought people were nervous about the economy, about their jobs, and we're looking to pull back in general. I know there were some bullish uh estimates for the holiday season, but luxury goods, I mean, not essentials, not apparel, luxury goods.Why Why do you think we saw that big jump. >> Yeah, Frank ...
Thanksgiving Turkey Trends and Tips from Butterball CEO
Bloomberg Television· 2025-11-21 18:49
Market Trends & Consumer Behavior - Turkey prices are the same or lower than last year for Thanksgiving, with retailers offering strong pricing [2] - Consumers do not plan to compromise on turkey for Thanksgiving, with 84% planning to have it on the table, consistent with previous years [2][4][5] - There's a growing consumer focus on protein, particularly low-fat protein, making turkey a suitable option [7] - Ground turkey is experiencing double-digit growth, indicating a shift towards everyday consumption [8] Company Strategy & Operations - Butterball has a network of over 600 family farmers across the country, ensuring a constant supply of turkeys [10] - The company can plan carefully and make adjustments throughout the year to ensure adequate supply [11] - About one-third of Butterball's business revolves around holidays, while the rest is year-round [17] - Butterball is adapting its communication strategies to reach younger consumers who are now making purchasing decisions [18] Industry Challenges & Opportunities - Bird flu has impacted the turkey industry for the last several years, but supply is expected to be adequate for Thanksgiving [12][13] - The federal government has allocated $1 billion to help prevent the spread of bird flu [14] - Turkey is positioned as a healthy and economical protein, fitting well with current dietary trends [19]
How Does the Consumer Feel ahead of Black Friday?
Bloomberg Television· 2025-11-21 17:13
So let's let's talk a little bit about this consumer, because that cautious optimism, it's there. You know, you talk to certain people. Other folks would say that the consumer is totally tapped out and there's just not that much pricing power left when it comes to these retailers.And I wonder, you know, when you survey the landscape, what do you see right now. Well, it's funny. I don't know who TransUnion is, but I don't know how you get answers to a survey like that.I am a cynic when it comes to surveys. I ...
2025 retail holiday outlook: Here's what to know
CNBC Television· 2025-11-19 21:21
Most retailers won't report third quarter results and holiday expectations until right before Thanksgiving. By then, many consumers will have already been starting their holiday shopping. Courtney Reagan joins us right now with some insights as we are now exactly two months from Christmas Eve. And Courtney Re Courtney Joe was saying before, "Oh, that's too early. I've already started my Christmas shopping. " It's because you don't do any of the shopping. That's right. You don't You have >> That's why they c ...
X @The Economist
The Economist· 2025-10-21 14:00
Consumer Behavior - Dark patterns can lead consumers to act against their own interests [1] - Dark patterns can also negatively impact firms [1]
Marketing in Digital Age | Syed Aymaan Ahmed | TEDxSolitaireGlobalSchoolsAttapur
TEDx Talks· 2025-10-17 15:46
Digital Marketing Reach & Impact - Digital marketing is projected to reach 68% of the world's population, equating to 56 billion people by 2025 [2] - Personalized recommendations account for 35% of Amazon's sales, highlighting the effectiveness of targeted marketing [3] - Digital marketing enables students to launch brands and bakeries to increase sales through creative content, like Instagram reels, without needing traditional advertising [5] - Increased startups due to digital marketing can boost economic growth, attract multinational corporations (MNCs), and increase employment [6] Strategies for Businesses & Entrepreneurs - Focus on solving a problem and capturing audience attention within the first 3 seconds to save on marketing costs [7] - Emphasize honesty and transparency in marketing, clearly labeling ads and sponsored content [7] - Prioritize repetitive purchases and customer relationships over chasing views [8][9] Tips for Consumers - Before buying, assess whether the item is a need or a want [9] - If it's a need, explore available resources and compare at least two alternatives to avoid scams [10] - If it's a want, save up before purchasing to avoid overspending and reducing financial backup [10] Startups & Digital Marketing - Digital marketing reduces costs and provides startups with opportunities for growth and market positioning [11] - Innovative startups can increase their market share and make a significant societal impact through digital marketing [12]
PepsiCo CEO on state of U.S. consumer: 'We're seeing Hispanics especially hurting'
CNBC Television· 2025-10-09 17:45
Consumer Behavior & Economic Conditions - US middle class and low-income families are financially strained, leading to trade-downs and elimination of non-essential purchases [2] - Hispanic consumers are particularly affected, with changes in mobility, income, and behavior [2] Company Strategy & Innovation - The company focuses on providing consumers the right to be in their brands at affordable price points throughout the month [2] - The company is concerned about certain segments of the population but sees growth opportunities related to functionality, permissibility, and taste [3] - Investment and innovation are focused on these growth spaces to gain consumer preference [3] - The company is excited about 2026 [3][4]