Grocery buying skyrockets as coronavirus prompts consumers to eat in rather than carry out

Grocery shopping is the new black. With the U.S. economy in a free fall from aggressive coronavirus containment policies, retail sales collapsed at a record pace in March. Underneath a headline that plunged by a worse-than-anticipated 8.7%, most major categories logged double-digit declines. That is, with the exception of grocery [...]

2020-04-16T16:01:46+00:00April 16th, 2020|Tags: , |

Welcome to the golden age of grocery shopping

It’s a bad time to be in the business of selling groceries, and the headlines are as bleak as you’d expect: “The Retail Apocalypse Is Coming for Grocery Stores,” “The New Era of Grocery Just Claimed Its First Victims,” “Grocery Retail ‘Bloodbath’ Is Here,” “The Grocery Price Wars Are Raging. [...]

2018-11-06T17:13:48+00:00November 6th, 2018|Tags: |

How much the average American millennial, Gen Xer, and baby boomer spends each year on groceries

Everyone needs to eat, but the amount of money Americans spend on groceries changes with age. The Bureau of Labor Statistics' Consumer Expenditure Survey tracks how households make and spend money. One set of tables breaks down spending in several different categories based on the age of the person in [...]

2018-09-24T20:52:44+00:00September 24th, 2018|Tags: , , , |

The Grocery Industry Confronts a New Problem: Only 10% of Americans Love Cooking

The supermarket and grocery business is likely to suffer strong headwinds in the future, due to long-term shifts in consumer behavior. Although many people don’t realize it yet, grocery shopping and cooking are in a long-term decline. They are shifting from a mass category, based on a daily activity, to a niche activity that a [...]

2017-09-22T21:02:55+00:00September 22nd, 2017|Tags: , |
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