Supermarkets are adjusting prices and catering to budget-minded shoppers with better meal solutions and enhanced private-label lines
Strategy Shift The majority of retailers (55.1%) polled as part of SN’s fifth annual survey of Center Store performance reported that higher commodity costs have had a fairly significant effect on the retail cost of groceries in their stores. More than one-quarter (26.1%) said food price inflation is impacting shelf prices significantly, 11.6% described the consequence as very significant, and 5.8% categorized it as not significant. “Margins are getting tighter, with the numerous cost ...
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