- Ripe cranberries will bounce like rubber balls.
Cranberries have moderate levels of vitamin C, dietary fiber and the essential dietary mineral, manganese (each nutrient having more than 10% of the Daily Value per 100 g serving, as well as other essential micronutrients in minor amounts.
Cranberry juice is usually sweetened or blended with other fruit juices to reduce its natural tartness.
- Consuming dairy products may cause
Dairy products or milk products are a type of food produced from or containing the milk of mammals, primarily cattle, water buffaloes, goats, sheep, camels, and humans. Dairy products include food items such as yogurt, cheese, and butter.
Excessive consumption of dairy products can contribute significant amounts of cholesterol and saturated fat to the diet which can increase the risk of heart disease, and cause other serious health problems.
- Coconut water can be used as blood plasma.
Coconuts are known for their versatility ranging from food to cosmetics. The oil and milk derived from it are commonly used in cooking and frying, as well as in soaps and cosmetics.
Coconut water is the clear liquid inside coconuts (which are fruits of the coconut palm).
- Chocolate was once used as currency. As early as 250 A.D., ancient civilizations of Mexico and South America, specifically The Mayans and the Aztecs, used the cocoa bean as a system of money.
A 100 gram serving of milk chocolate supplies 540 calories. It is 59% carbohydrates (52% as sugar and 3% as dietary fiber), 30% fat and 8% protein (table). Approximately 65% of the fat in milk chocolate is saturated, composed mainly of palmitic acid and stearic acid, while the predominant unsaturated fat is oleic acid
- Milt, which is a delicacy around the world, is fish sperm.
Milt or soft roe also refers to the male genitalia of fish when they contain sperm, used as food. Many cultures eat milt, often fried, though not usually as a dish by itself.
- Peanuts aren’t nuts, they’re legumes.
Peanuts are similar in taste and nutritional profile to tree nuts such as walnuts and almonds.
Tomato ketchup is often used as a condiment to various dishes that are usually served hot: French fries, hamburgers, hot sandwiches & hot dogs. Also used as an ingredient and dressing for snacks like potato chips.
- Honey is made from nectar and bee vomit.
In a 100-gram serving, honey provides 304 kilocalories with no essential nutrients in significant content. Composed of 17% water and 82% carbohydrates, honey has low content of fat, dietary fiber, and protein.
The 2017 holiday season began, with little fanfare, on Wednesday, Nov. 1. That may be news to anyone who pays more attention to Black Friday weekend – which these days spans Thanksgiving Day into Cyber Monday. As anywhere from 25% to 40% of a retailer’s sales comes during this critical time period, it’s no wonder there is so much attention paid to how the holiday season shakes out. Even grocery retailers see a lift from holiday spending – which just goes to show how much the whole sector depends on it.
So how does this year’s season look? First, a roundup of predictions.
The National Retail Federation predicts that holiday retail sales will be up 3.6-4% over last year. They measure November and December and exclude gasoline, automobiles and restaurants. They peg the forecasted total somewhere between $678 billion-682 billion.
Deloitte also forecasts holiday spending, but they include restaurants in their total prediction of $1.04 trillion-1.05 trillion, which would be a 4-4.5% increase year over year. Adobe Digital Insights also predicts a growth rate of 3.8% year over year.
All of this says there is a lot of optimism out there for this year’s holiday season. But that doesn’t mean that things will be easier for store – Adobe Digital Insights forecasts that online sales will increase 13.8% year over year to $107.4 billion. Deloitte predicts 18-21% growth, to $111 billion-114 billion.
Growth of 13-21% in one channel vs. overall growth of 3.4-4.5% means that stores will lose, but for the retailers prepared for that, the season will theoretically still be a good one.
A survey by JLL, a professional services firm that specializes in real estate and investment management, predicts average planned holiday spending of $743.40 per person. NRF predicts $967.13 per person, up 3.4% over what they said they would plan to spend at this point last year. NRF breaks it down differently – by including non-gift items that consumers decide to buy for themselves, which they expect to average $140.99 per person.
Three big trends seem to be driving this holiday season already:
- The shopping season has already kicked off. The JLL survey found that 30% of consumers plan to do holiday shopping between Halloween and Thanksgiving. And retailers are paying attention. A RetailMeNot survey found that 79% of surveyed retailers plan to begin their marketing efforts earlier this year than last year.
- Online continues to win, at the expense of stores. NRF found in its consumer survey that 59% of consumers plan to shop online, edging out stores for the first time ever. The JLL survey found that only 47% of shoppers plan on shopping in stores as their primary holiday shopping stop, and another 26% plan to order online for pickup in store for holiday shopping this year. Adobe found that 31% of shoppers plan to spend more online this year over last year.
- Clothing and accessories made a comeback, but electronics is still behind and toys are still strong. Both the NRF and RetailMeNot found that clothing tops consumers’ shopping lists. The NRF reported clothing & accessory purchase plans are the highest levels they’ve seen in 12 years. RetailMeNot found that electronics and toys are not far behind. And Adobe’s analysis into consumer search terms and sentiment found that the most anticipated gifts are Hasbro NERF guns, Nintendo Switch, Apple Air Pods, and the Sony PlayStation VR.
Positive & Negative Trends That Could Impact Spend
There are several trends that could impact these forecasts. Some could have positive effects, some negative. But honestly, at the moment it looks like most of the impact could be positive.
The U.S. Congress has a big to-do item that could impact holiday spending: tax reform
Depending on whose analysis you believe, tax reform will either stick it to the middle class or save it. That’s assuming Congress can actually pass anything anyway. Whatever your politics, if Congress does pass tax reform before their own deadline November 13, 2017, then no matter what form it takes consumers might breathe easier – and that might translate into even more confidence for the holiday season.
Consumer confidence is already very high
According to the Consumer Confidence Index, consumer confidence in September increased to its highest level in almost 17 years, up 5.3 points to 125.9. There are lots of things that could disrupt that confidence, but if it’s coupled with a perception that there will be tax relief waiting for consumers in April, this could very much translate into looser purse strings for the holidays.
Strong personal income growth is expected
Personal income growth has been an area that economists have been watching closely. Deloitte in its analysis reported that personal income grew 2% over the 2016 holiday season, and they expect it to grow 3.8-4.2% over the 2017 holiday season. Unemployment has been low enough long enough that some wage pressure is generally expected – but it still hasn’t shown up yet. The last reported figure is from August 2017, when personal income grew 0.4% month over month. A collection of forecasts doesn’t seem to have the same confidence that Deloitte does.
Consumers are not expected to plow those wage increases into savings
From TradingEconomics.com, reporting on U.S. Bureau of Economic Analysis: the personal savings rate was 3.1% in September, but while that has been relatively consistent since June, it is down from a peak this year of 5.5% in May, and down significantly from 11% reported at the end of 2012. With savings rates so low, if consumers do get a raise over the holiday season, it could go one of two ways: people decide to plow the extra money into savings to make up for past shortfalls, or people decide to play on at the current rate. In 2012, the savings rate spiked in December.
The labor market stays strong
The NRF has found that retailers are planning fewer overall temporary holiday hires. But that doesn’t seem to have much impact on the overall unemployment rate, which is forecasted to stay low throughout the holiday season, even dipping again in December. Even with reduced hiring expectations from retailers, there seem to be a lot of Help Wanted signs out there, which is part of why economists expect wages to rise.
Retailers may have bought too much inventory
The only other variable here is retailers themselves. NRF reports a record number of imports this summer, which means record levels of inventory on shelves for holiday. If there is anything that spooks consumers, with that much inventory out there, retailers will undoubtedly succumb to panic-reaction sales and markdowns. This means that whether consumers buy or not, retailers themselves could adversely impact themselves through bad buying decisions, which ultimately impact the bottom line, no matter what happens to the top line.
Retailers are planning to spend more on holiday marketing
Speaking of the bottom line, 85% of retailers surveyed by RetailMeNot are planning on spending more on holiday marketing this year over last year. There is a lot of fear and uncertainty out there about what’s going to happen with online – and whether more spending will shift to mobile – and what all of that means for stores. As noted above, both retailers and consumers seem to expect to kick the holiday season off earlier. This means either that retailers will feel more confident coming into the critical 32 days between Thanksgiving and Christmas, or have a panic reaction if consumers’ early spending drags.
No one can predict the future. But they can make guesses. The guesses are in – now it’s time to watch what happens!
Nikki Baird is a managing partner at Retail Systems Research, a market intelligence firm focused on trends in retail.
Calcium is a very necessary mineral, but when most of us hear calcium we automatically think milk – well think again because there are a plethora of calcium rich foods that are actually dairy free! Calcium is the most abundant mineral in the human body; it helps to maintain strong, healthy bones and teeth, supports our blood vessels, muscle function, nerve conduction and more.
Food Safety – A panel discussion at the Global Food Safety Conference that took place Feb. 28 and featured the chief executive officers of some of the largest food and beverage companies quickly shifted away from the topic at hand to consumer trust and what’s at stake if the wave of nationalism and protectionism sweeping many federal governments in developed countries . . .
Thanks to CNN for highlighting our story. We at Souq International Market take pride in our role supporting our families and local community as part of our companies social responsibility beliefs in-line with our motto #WeServeYouBetter.
To see complete video of CNN interview with Souq International Market click on the link.
New Year’s resolutions will be top of mind for shoppers as they browse the store—leading them right to the produce department.
Old habits die hard, but a new year provides a fresh start for people resolved to break the pattern of the habits they would like to change or improve upon. Nearly half of consumers will make a New Year’s resolution, yet less than 10 percent will succeed in achieving their goals, according to some estimates.
BENTONVILLE, ARK. — Recently, everything from Listeria to E. coli to Campylobacter has given American consumers good reason to worry about the safety of their food. The industry has responded and is making every effort to improve the safety of food by utilizing science-based testing and sampling practices, detection technologies, food safety training and education, and multiple interventions.
From the Store to the Stove, Acosta Research Shows Grocery Shopper Behavior Influenced by Engagement with Food
Today’s shoppers are seeking positive culinary experiences, making deliberate decisions from the store to the stove, including wanting to feel good about the foods they eat, have pride in the brands they buy and share their cooking journeys online. Ahead of the new year, research released today in the 13th edition of The Why? Behind The Buy™ from Acosta — a leading full-service sales and marketing agency in the consumer packaged goods (CPG) industry — details the choices and behaviors of grocery shoppers as they look to enhance how they purchase and consume food.