By Gabriela Barkho Source: Modern Retail As it expands across the U.S., Aldi wants to be the go-to affordable grocery chain. The German chain has been in the midst of a multi-year growth strategy in the United States, where it first entered back in 1976. Today, the company has over [...]
By Spencer Van Dyk Source: CTV News The Competition Bureau of Canada is calling on all levels of government to boost competition in the grocery industry, in a bid to lower prices for shoppers. The independent agency launched its study of Canada’s retail grocery market last October, and in its [...]
By Gina Acosta Source: Progressive Grocer How should grocers be fine-tuning their pricing and promotions strategies amid decreasing consumer confidence, persistent inflation and increased pressure on P&Ls? "Retailers are under a lot of pressure," said Raley's Supermarkets Senior Director of Merchandising Operations Chris Pecot, who spoke at NIQ's Consumer 360 conference in Los [...]
By Lynn Petrak Source: Progressive Grocer A couple of days after the latest CPI data revealed a 0.1% uptick in overall prices and food-at-home prices, information from another arm of the U.S. government indicated that consumer resilience is just as sticky as inflation. The Census Bureau reported a 0.3% increase [...]
By Stacy Mitchell Source: The New York Times Food Fresh is the only grocery store in a rural stretch of southeastern Georgia. It has many five-star Google reviews praising its freshly butchered meats, tomato bar and friendly service. Yet it faces a threat to its survival that no amount of [...]
By Laura Kelley Source: The New York Times Brenetta Smith used to buy brand-name foods like Oreos and Doritos without thinking twice. But when she noticed that food prices at her local supermarket, Aldi, were soaring, she realized she had to do something different: “I have to change the way [...]
By Chris Casey Source: Food Dive Consumers will spend more on the entire traditional Thanksgiving feast this year, with turkey costing about 23% more compared to 2021, according to a new report by Wells Fargo citing U.S. Bureau of Labor Statistics and USDA data. While supply chain pressures remain, the [...]
By Rob Wile Source: NBC News The price of groceries continued to soar in the 12 months that ended in August, climbing by 13.5% — the biggest increase since 1979. Many food categories had double-digit 12-month increases, led by eggs, which surged by 40%; margarine, up by 38%; and flour, [...]
By Scott Horsley Source: NPR Rising prices at the grocery store and elsewhere are putting a strain on family budgets. Retailers are making adjustments, offering smaller package sizes and more discount options. The cost of food and rent have been outpacing people's paychecks over the last year, and that has [...]
By Kim Severson Source: The New York Times In a world where a jar of peanut butter costs a dollar more than it did last year and the price of a gallon of conventional milk inches up to $6 in some cities, paying $1.49 for a family-size box of crispy [...]