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Boomers have 10 times the household wealth of millennials in the US


Boomers have 10 times the household wealth of millennials in the US
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Boomers had twice the household wealth of Gen X and 10 times that of millennials in the US in Q3 2020. This disparity is increasing rapidly as well; boomers household wealth increased by over
$18 trillion since 2014, while millennial wealth increased by just
$4 trillion. ....

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(More) digital trends for 2021: The future of grocery is digital


(More) digital trends for 2021: The future of grocery is digital
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We recently released our “10 Key Digital Trends for 2021” report, which spotlighted the rise of Disney as a streaming powerhouse, the enactment of a federal privacy law, first-party data reigning supreme, and more. But which major trends narrowly missed the cut?
Here’s our fifth in a series of
additional transformative developments that ought to be on your radar throughout 2021.
Read about the fourth runner-up, nostalgia marketing, in our recent article.
In online grocery, first-time adoption evolves into consumer habit
Online grocery took off dramatically in 2020 as a result of the pandemic; that’s no surprise to anyone. According to our estimates, food and beverage was by far the fastest-growing ecommerce category in the US in 2020. Given its low penetration and high sales growth, digital grocery is the next big opportunity in ecommerce. ....

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