Consumers are buying less and switching to store brands

washington.edu
Like
Like Love Haha Wow Sad Angry
1

Decades-high inflation is changing US consumers’ grocery habits.


Sponsor

56 y. o. Geography Teacher Humiliates Power Companies

You won’t believe what just happened...This crazy 56 year-old geography teacher in Memphis, Tennessee believed he can change the energy world... and somehow he did it.

>> WATCH THIS IMMEDIATELY <<


Kroger, the nation’s largest grocery store chain, said Thursday that budget-constrained shoppers were buying fewer items in stores, favoring Kroger’s cheaper store brands instead of name brands, and switching from beef to pork.
“Rising inflation has consumers rethinking their shopping and eating habits,” Kroger (KR) CEO Rodney McMullen said on a call with analysts. “We are seeing different shopping behaviors based on how individual customers are experiencing the current inflationary environment.”

Read more at CNN.comhttps://www.cnn.com/2022/06/16/economy/kroger-groceries-inflation/index.html

What Are Your Thoughts?

comments

Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!