Supermarkets are gearing up to take advantage of their position in nonfood as the economic downturn intensifies
As food shoppers get squeezed by food price inflation, supermarkets' nonfood sales could benefit if retailers concentrate on offering value packs and emphasize the one-stop shop in the face of soaring gas prices, sources told SN. Supermarkets will likely experience more traffic in their stores, as consumers eat in restaurants less, visit fewer stores and nest at home. Consumers will still buy health and wellness products, and personal care items, and use supermarket pharmacies, retailers ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.