Business Wars

Best of Business Wars Daily | Salty or Sweet? | 5

Oct 5, 2023

NY Times retail reporter Jordyn Holman and comedian Max Fine discuss candy, America's obsession with snacks, new products, the influence of younger generations on snack trends, extreme food challenges on social media, preferences and marketing strategies in the candy industry, and the growing trend of snack consumption in the US.

38:19

Episode guests

Max Fine

Jordyn Holman

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Halloween candy is a lucrative market for retailers like CVS and Walgreens, with American consumers spending $3.1 billion on candy in 2022.

CVS and Walgreens have successfully transformed their identities to become both healthcare clinics and retail giants, attracting customers who come for healthcare products but end up purchasing candy or seasonal treats.

Deep dives

Halloween Candy and the Retail Giants

Halloween candy is big business for retailers like CVS and Walgreens, with American consumers spending $3.1 billion on Halloween candy in 2022. CVS and Walgreens have transformed from humble pharmacies to retail giants by adopting a dual identity as healthcare clinics and big box stores. They attract customers who come in for healthcare products but end up leaving with candy or seasonal treats like pumpkin-shaped Reese's peanut butter cups.

Introduction

3min

Friends' Conversation, Comedy Special, Malls, Retail, and Consumer Spending

6min

Consumer Spending and Snacking Habits

4min

Snack Trends and Consumer Preferences

8min

The Popularity of Extreme Food Challenges and Sharing Experiences on Social Media

2min

Preferences and Marketing Strategies in the Candy Industry

16min

The Growing Trend of Snack Consumption and Teaser for the Battle Between CVS and Walgreens

3min

No tricks, just treats in this chat with New York Times retail reporter Jordyn Holman and comedian Max Fine. We're talking about candy, and just in time for spooky season! Then, we dig into America's obsession with snacks. Find out which new products are out there, who's selling them, and who's buying.

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