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Supermarket News: Baby Boomers, Gen Z have different grocery habits during time of inflation

8451 SME Profile Headshots 385 X 400 Barbara C 2 X
Barbara Connors, VP, Strategy & Acceleration
Subject Matter Expert

There is a contrast between how the Baby Boomer generation and Gen Z spends on non-essential items, according to news and analysis company PYMNTS.

The latest report draws from an April survey of more than 2,000 U.S. consumers, revealing that older consumers are still looking for ways to find deals when shopping for groceries in the face of inflation, whereas most younger shoppers continue to splurge on the extra items they want. 

Decreasing spend on nonessential grocery items was 59% of Baby Boomers and seniors and 61% of Gen X consumers. However, less than half of Gen Z grocery shoppers reported doing the same at 41%. 

As the rate of inflation continues to go down, consumers are less concerned about price increases, Barbara Connors, vice president of strategy and acceleration at 84.51°, Kroger’s retail data science, insights, and media company, told PYMNTS. Shoppers have now started buying their favorite non-essential items again after cutting back for some time when inflation was at its peak. 

“Cutting back on non-essential items is the one top inflationary behavior that we’ve seen on this slow, steady decline as we’ve seen inflation cool,” Connors said. “We see that categories around impulse and indulgence are areas where customers can start to add them back into their basket again because they’ve got a little more of that disposable income available for their groceries.”

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8451 SME Profile Headshots 385 X 400 Barbara C 2 X
Barbara Connors, VP, Strategy & Acceleration
Subject Matter Expert
As Vice President of Strategy and Acceleration for 84.51°, Barbara Connors is an innovator, problem solver and strategist for Kroger and many of the most recognizable consumer packaged goods companies in the global gr...learn more

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