“They’re being a little disingenuous if they don’t think they have a part in what’s going on,” said Rep. Dave Rutigliano, R-Trumbull. Policies like the highway use tax and annual increases in the statewide minimum wage add up for businesses on top of Connecticut’s relatively high ...
Prices are high, even as price increases have reduced, and the average digital shopper baskets have dropped. Grocery Doppio July 16, 2024 Webinar On-Demand Right Price, Right Now In today's omnichannel environment, seamlessly changing prices in real-time has become an operational necessity. ...
Prices are high, even as price increases have reduced, and the average digital shopper baskets have dropped. Grocery Doppio July 16, 2024 Webinar On-Demand Right Price, Right Now In today's omnichannel environment, seamlessly changing prices in real-time has become an operational necessity. ...
This suggests food stamp spending increases fueled grocery price increases of more than 15 percent. Check out FoodInflation.news to read more stories related to how food price tags get heftier by the day. Watch the video below that talks about the "shrinkflation" scam that raises food prices ...
What grocers can expect with food prices, inflation in 2023 Although inflation is coming down, high grocery prices will continue and consumer price sensitivity is growing, experts from the Food Industry Association said Wednesday. Published March 16, 2023 ...
The remaining part is caused by faster-than-average price increases for private-label goods (0.8 percentage points) and above-average growth of the discount channel, which has a higher private-label share (0.3 percentage points).3 Discounters gained 1.4 percent in market share in Europe...
In the return-to-normal category, food-away-from-home resumed its long-running trend of eating into grocers’ share of wallet.1Additionally, with inflation falling and consumers resistant to further price increases, grocers may have to rely on unit volume sales growth to boost rev...
2 This drop offers executives a respite from having to choose between passing on cost increases to consumers or pushing them toward lower-cost options. Still, the threat hasn’t gone away entirely: food prices still rose 4.9 percent year over year through July 2023, fueled by a 7.1 percent ...
"The January CPI illustrates that inflationary price increases are not resetting as quickly, or as uniformly, as consumers would like," Harig wrote in a press release after the latest CPI report. "Unfortunately, it is likely that food prices will remain elevated in the short term, and we ant...
increasing hiring costs. Supply chain disruptions still common in the industry have forced grocers to shift from acquiring goods just in time to keeping more inventory on hand, which increases inventory costs. The UK's shortage of fresh fruit and vegetables is one ramification of rising energy pr...