Slide 1: The Evolving Retail Landscape
The Evolving Retail Landscape Highlights from CHPA SLS 2024 © 2024 Nielsen Consumer LLC. All Rights Reserved. © 2023 Nielsen Consumer LLC. All Rights Reserved. 1
Slide 2: Compounding inflation has impacted consumers
Compounding inflation has impacted consumers $100 in 2019…. $124 $131 Total Store 2021 2022 2023 $105 $111 $100 Dollar Trend +2.9% +7.1% +3.1% Unit Trend -2.8% -3.0% -2.5% Average Unit Price Trend +5.9% +10.4% +5.8% % Units sold on Promo 28% 27% 29% 2019 2020 2021 2022 2023 Source: NIQ, Retail Measu
Slide 3: Most consumers anticipate spending more on health and personal care in 2024
If prices rise in the next 6 months, which of the following everyday items, Most consumers anticipate if any, do you expect to cut back on in, order to save money? spending more on health care, health and wellness and personal care in 2024 Oral care (mouthwash, toothpaste, etc.) 4.2 and would cut ba
Slide 4: Online shopping comes in many forms with pure play retailers leading consumer choice
Online shopping comes in many forms with pure play retailers leading consumer choice 81% of TikTok dollar sales are from health and beauty. Where do you normally shop for grocery & household items? % respondents who shop at this channel – U.S. TikTok Shop is already the Order from a pure play online
Slide 5: The ecosystem for personal care can influence opportunity
The “ecosystem” for personal care can influence opportunity Retailers and consumers expanding Retailers meeting health proactive, lens of beauty and wellness treatment and immediate health needs $148.2 Billion Personal Care share of $148B Candles & Health & Beauty Care Fragrance Oils 67% | Warehouse
Slide 6: Gen Z is the fastest growing demographic in number of buyers across the store
Gen Z is the fastest growing demographic in number of buyers across the store Off-setting declines of baby boomers Contribution to growth 2.0% in Dollar sales relative to Total Panel sales 5.6% 3.1% -1.2% 1.7% Start Gen Z Gen Y / Millennial Gen X Boomer / Traditionalist Total Panel Source: NIQ Omnis
Slide 7: Thank you
Thank you For more information, please contact Kieran Ward E: Kieran.Ward@Nielseniq.com © 2024 Nielsen Consumer LLC. All Rights Reserved. © 2023 Nielsen Consumer LLC. All Rights Reserved. 7