What does IRI mean in retail?
IRI (Information Resources, Inc.) is a data analytics and market research company, headquartered in the U.S. which provides clients with consumer, shopper, and retail market intelligence and analysis focused on the consumer packaged goods (CPG), retail, and healthcare industries.
What is IRI InfoScan?
IRI’s InfoScan, a weekly research service that collects sales information on all brands using scanners placed at 2,700 supermarkets, 500 drugstores, and 250 mass merchants nationwide, is the core of the Information Services Group.
Which companies use IRI?
Alcoa.
What is the difference between Nielsen and IRI?
Though it’s a much younger company, IRI has managed to secure enough data reach to remain competitive with Nielsen. While IRI maintains only a fraction of the employee headcount that Nielsen does, it’s managed to cultivate strategic appeal for many CPG manufacturers thanks to a few unique selling points. …
Does IRI include Costco?
Costco data is available from IRI as an entirely separate service called CRX.
How much is IRI worth?
(IRi) worldwide from 2010 to 2019. In 20198, the Chicago-based market research company generated over 1.2 billion U.S. dollars in revenue worldwide.
What is IRI syndicated data?
Syndicated Panel Data Available from Nielsen, IRI, and SPINS for demographically balanced sample of 120,000 households who scan UPC coded purchases in-home. Provides a complete picture of household buying behavior across all retailers, even those who don’t provide store data to the vendors.
Who are IRI competitors?
IRI competitors include The NPD Group, MarketShare, THE NIELSEN COMPANY (US), LLC, Catalina Marketing and Retail Solutions.
What are IRI channels?
IRI CPG E-Commerce Demand Index The index is available for three channels (Total E-Commerce, Brick & Mortar E-Commerce and Online E-Commerce) and two fulfillment types (Click & Collect and Delivery/Shipment).
Does Walmart report IRI?
Nearly 80% of IRI panel members shop at Wal-Mart on a regular basis, the company said. For the first time, IRI will be able to report data to manufacturers on their competitors’ brands and private-label products sold within Wal-Mart.
Does Whole Foods report to IRI?
Instead, Whole Foods is included in the Food channel totals offered by Nielsen/IRI. You can see Whole Foods data separately in Nielsen only.
What is an IRI investment?
IRI is a fast-growing, innovative, global provider of data and predictive analytics that help fast-moving consumer goods, OTC health care, retail, financial services, and media companies accelerate growth. New Mountain and other existing investors are retaining a meaningful investment in IRI.
What do you need to know about the IRI Data?
The report shows that the IRI data are an exten- sive, complex data source and provides an introduction to the data for new users and important considerations for advanced users. Keywords: IRI, Consumer Network, InfoScan, scanner data, food at home, FAH, food prices, food expenditures
What kind of data is in the Infoscan?
The InfoScan data are retailer point-of-sale records of consumer food purchases. Retailers collect weekly revenues and quantities of each UPC (Universal Product Code) sold by store; the data set includes detailed information for both packaged food and random weight fresh food.
Which is a sample vendor of IRI omnimarket?
IRI is listed as a sample vendor in the report. Learn More IRI OmniMarket™ and IRI OmniConsumer™ offer the first omnichannel measurement at scale for CPG. Integrated into IRI Liquid Data®, they allow clients to shift from insights to activation for market and consumer behavior. Learn More
Where does USDA get its scanner data from?
To address policy and programmatic issues of interest to USDA, ERS acquires proprietary household and retail scanner data from Information Resources, Inc. (IRI), a market research firm. These data include the Consumer Network household-based scanner data and InfoScan retail point-of-sale scanner data.