Check out this video and article on Yahoo! Finance about the decline of ice cream and the rise of frozen yogurt.
http://finance.yahoo.com/blogs/daily-ticker/decline-american-treat-140930869.html
Here are a few highlights:
- The number of frozen yogurt shops increased by 24% between 2011 to 2012, while the number of ice cream shops declined.
- Ice cream sales are on track to hit their lowest levels since the mid 1990s.
- Consumers are leaving ice cream because of health reasons and because it hasn’t kept up with the more innovate and fun vibe of frozen yogurt.