Retail news
Product innovation hit pause during the pandemic
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George AndersonThe familiar and comfortable were more important to consumers during the worst days of the pandemic than the new and edgy. Innovation is now back on the table with a sense of normalcy returning to everyday life. “Something as simple as a new flavor, color or style can create demand,” said Marshal Cohen, Circana's chief industry advisor. “With a decline in newness, we are boring consumers to death.”