supermarkets – Food & Drug Conference

Price hikes expected to propel grocery sales growth

By Russell Redman Source: Supermarket News Amid supply chain snags and surging costs, grocery manufacturers and retailers expect price increases to spur dollar sales growth heading into next year, new research from Advantage Sales shows. Six in 10 manufacturers and seven in 10 retailers think consumer packaged goods (CPG) dollar [...]

richie2021-10-27T20:35:35+00:00October 27th, 2021|Tags: grocery, price hikes, supermarkets|

How supermarkets can use rewards to offset rising prices

By Jenn McMillen Source: Supermarket News The supermarket industry has not shown much of an appetite for traditional, points-based rewards initiatives. But right now, it should be feeling peckish. Food prices have risen by 2.6% over the past year, and manufacturers have cut back on promotions due to pandemic-related demand, [...]

richie2021-05-21T16:32:24+00:00May 21st, 2021|Tags: supermarkets|