Mintel: Consumers Still Budgeting for Chocolate, Cigarettes, Alcohol

Despite the poor economy, consumers are indulging in “sin stocks” like chocolate, cigarettes and alcohol, according to Mintel.

CHICAGO — Despite the poor economy, consumers are indulging in “sin stocks” like chocolate, cigarettes and alcohol, according to Mintel here. Historically, these categories have performed well during economic recession. “People might be cutting back or switching to store brands, but they definitely aren’t giving up their small daily indulgences,” Marcia Mogelonsky, senior analyst at Mintel, said in a statement. “Because people are being so cautious with their spending, they feel they are enti

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