Inflation may have hit a high point, but groceries don’t seem to have noticed

Source: Grocery Dive The inflation-centered narrative that has defined the economy since late last year took an attention-grabbing turn this week, as figures released by the federal government showed food prices accelerated at an even faster pace in July even as overall inflation calmed. Refrigerated eggs, frozen meals, and butter [...]

2022-08-13T17:21:47+00:00August 12th, 2022|Tags: , |

Survey: Shoppers think supermarkets clear 33% profit

Source: Supermarket News Even as price inflation hits food retailers and consumers alike, customers have lofty estimates of supermarket profits, new research from The Feedback Group reveals. Grocery shoppers believe their primary store enjoys a net profit of 33%, according to a national study conducted by The Feedback Group with more [...]

2022-06-23T20:16:37+00:00June 23rd, 2022|Tags: , , |

Shoppers are buying less and switching to store brands, Kroger says

By Nathaniel Meyersohn Source: CNN Business Decades-high inflation is changing US consumers’ grocery habits. Kroger, the nation’s largest grocery store chain, said Thursday that budget-constrained shoppers were buying fewer items in stores, favoring Kroger’s cheaper store brands instead of name brands, and switching from beef to pork. “Rising inflation has [...]

2022-06-20T23:11:44+00:00June 20th, 2022|Tags: , |
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