CHICAGO — Elevated input prices and energy costs drove CPG prices an average of 4.2% in 2007, with double-digit increases experienced by some categories, according to Information Resources Inc.’s “2007 CPG Year in Review.” Shoppers turned to supercenters — which advanced their overall household penetration by 3.5 points last year—as a result. They also more readily reached for private label products. “The economy definitely had its say in CPG during 2007,” said Thom Blischok, president of ...
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