World food prices fall for 12th month running in March

Source: Reuters The United Nations food agency's world price index fell in March for a 12th consecutive month, and is now down 20.5% from a record high hit one year ago following Russia's invasion of Ukraine. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded [...]

2023-04-10T23:22:27-07:00April 10th, 2023|Tags: |

Price Increases Threaten Grocery Shopper Loyalty, Data Shows

Source: Pymnts.com As inflation drives food prices up, grocers that shift the cost too quickly to consumers risk losing their most loosely held customers to competitors, reveal data from PYMNTS’ study “Decoding Customer Affinity: The Customer Loyalty to Merchants Survey 2022.” The report, created in collaboration with Toshiba Global Commerce [...]

2022-01-28T22:03:15-08:00January 28th, 2022|Tags: , |
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