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 ...
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