By Sam Silverstein Source: Grocery Dive Consumers have recently been stepping up their efforts to save money when shopping for groceries, with more than half looking to buy more items on sale, according to survey data released Wednesday by research firm The Feedback Group. Shoppers are also increasingly turning to [...]
By Catherine Douglas Moran Source: Grocery Dive For the rest of 2023, the White House Council of Economic Advisers (CEA) says it expects grocery inflation to continue to abate yet remain higher compared to pre-pandemic levels, per a blog post on Wednesday. The post came ahead of next week’s release [...]
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 Nik Popli Source: Time It’s been more than a year since the U.S. launched its battle against high inflation. Yet, nearly every grocery item still costs more than it did in the past. A bag of potato chips that could have been purchased for $5.36 last year will cost [...]
By Isabella Simonetti Source: The New York Times Walmart on Tuesday reported strong sales and profits for last quarter but said times would be tougher this year, a warning that consumers were starting to pull back as they felt the squeeze from relentlessly rising prices for everyday goods. The retail [...]
By Daniel Kline Source: The Street You can't turn on the news or look at any newsy area of the internet without hearing about inflation at the grocery store. For a while, the narrative focused on the rising price of meat, and at various times the focus has been on [...]
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 Jeff Wells Source: Grocery Dive Grocers like a little bit of inflation in their business. Kroger CEO Rodney McMullen has said somewhere between 3% and 4% is optimal. That’s enough of an increase to pad out the top line, but not enough to send shoppers running for the hills. [...]
By Tracy Alloway Source: Bloomberg Last year, Pete Strates sat down with a local reporter to talk about the challenges of running a restaurant in the post-pandemic era. What started as a conversation about the difficulty of hiring workers morphed into one about the increasing price of mayonnaise. The creamy condiment, [...]
By Marc Rousset, Cory Rochkin and Tanja Ebner Source: Progressive Grocer Life during the pandemic was complicated with masks, sanitizers, social distancing and lots of rules. If consumers came to value anything, it was what was easy, convenient and dependable. Not that those things haven’t always been appreciated, but they’re even [...]