L Brands, Inc. reported net sales of $777.0 million for the four weeks ended July 30, 2016, an increase of 2 percent, compared to net sales of $759.5 million for the four weeks ended Aug. 1, 2015. Comparable sales increased 2 percent for the four weeks ended July 30, 2016. The company reported net sales of $2.890 billion for the 13 weeks ended July 30, 2016, an increase of 5 percent compared to sales of $2.765 billion for the 13 weeks ended Aug. 1, 2015. The company reported a comparable sales increase of 3 percent for the 13 weeks ended July 30, 2016. The company reported net sales of $5.504 billion for the 26 weeks ended July 30, 2016, an increase of 4 percent compared to sales of $5.277 billion for the 26 weeks ended Aug. 1, 2015. Comparable sales increased 3 percent for the 26 weeks ended July 30, 2016.
Meredith Corporation’s (NYSE: MDP, http://www.meredith.com/) Allrecipes, the largest digital food media brand in the U.S., marks its biggest digital and print audiences ever, with an all-time monthly high of 60.3 million unique visitors* to the site, and a record 9.7 million readers** of the magazine. The brand also debuts a new Allrecipes logo, as well as enhancements to the print magazine with a new regular column, expanded lifestyle content and more coverage of standout home cooks. In addition, the brand is increasing the amount and variety of original digital content across platforms, including new video series, a new podcast, more coverage of food news and trends, product reviews, and instructional pieces to enhance the experience of modern home cooks and foodies across the country as their habits and preferences evolve.
In December 2019, Allrecipes.com had the most unique visitors to its site in its 23-year history and remains the largest U.S. food media brand. The refreshed Allrecipes Magazine February/March 2020 issue is up 26 percent in advertising revenue versus the same issue last year. As the brand hits advertising and audience growth milestones across digital and print, Allrecipes is expanding its content offering with an increasingly diverse mix of stories and features covering lifestyle, family, and healthy living topics.
Catherine Levene, President of Meredith Digital, said, “The breadth of our audience and the depth of its engagement with the Allrecipes brand gives us powerful insight into what’s really going on in kitchens across the country. We’re in a unique place to be able to uncover trends as they’re emerging to create recipes, stories, videos, products, social posts and more that provide the solutions and inspiration home cooks want right now. The brand’s fresh new look speaks to its modern point of view on food and the culinary lifestyle of our audience which is increasingly wellness minded, adventurous in the kitchen, and time starved.”
A new column titled “Veg Up” highlights vegetarian or vegan recipes from the Allrecipes community as more and more people look for delicious plant-rich options. Two new video series called Recipe for Romance and Chunks inject humor and pop culture into cooking, offering fun takes on food in fresh and entertaining ways. The new podcast hosted by author and celebrated home cook Martie Duncan will feature conversations with cooks of all kinds from home cooks and Allrecipes Allstars to authors, celebrities, and the occasional pro sharing their personal food stories and the memories and traditions behind their favorite foods and recipes. The new podcast speaks to the growing interest in heritage and authenticity when it comes to cooking.
According to new Allrecipes research in a report titled “Allrecipes 2020: Trends in Home Cooking,” American female home cooks show increased curiosity and connectedness around food that’s driving a strong appetite for adventure and cultural heritage as well as healthfulness when it comes to food choices. 74% of these cooks are using more new recipes than they were two years ago and 47% say they are always looking to add new flavors to their foods and like to try foods they haven’t eaten before.
Allrecipes home cooks are embracing the convenience and speed of newer, faster cooking methods. Multi-cookers are the fastest-growing cooking appliance of the past decade, and views of Allrecipes.com recipes that use multi-cookers soared 772% year over year in the past 12 months. Views of air fryer recipes are up 300% year over year. Home cooks are also looking for more convenient shopping options. More than 2 million Allrecipes home cooks used Instacart for grocery shopping in June 2019, up 14%, from 1,793,000 in June 2018. And, 23% of Allrecipes women cooks say they’re interested in pre-ordering items online from the grocery store for pick-up or delivery.
more at: https://ir.meredith.com/news-releases/press-release-details/2020/Allrecipes-Americas-Largest-Digital-Food-Media-Brand-Hits-Traffic-Milestone-And-Debuts-New-Look-as-Home-Cooking-Habits-And-Preferences-Continue-To-Evolve/default.aspx