food prices

Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck
Inflation May Be Slowing, but Tell That to Consumers Living Paycheck to Paycheck
November 14, 2023  |  Economy

Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. But the fact remains that everyday essentials — namely...

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Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
Chipotle and McDonald’s to Raise Prices in California After Minimum Wage Hike
October 30, 2023  |  Retail

Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food...

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Grocery Shoppers Not Only Trade Down but Now Cut Back
Grocery Shoppers Not Only Trade Down but Now Cut Back
September 28, 2023  |  Economy

As consumers’ economic challenges persist even with grocery inflation declining, brands and merchants alike are seeing consumers pull back on food and beverage purchasing. Food...

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UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
September 26, 2023  |  Earnings

As grocery inflation normalizes, United Natural Foods, Inc. (UNFI) expects brands to start offering more deals and discounts, which the company sees as a necessary...

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Carrefour Calls Out Brands for Shrinkflation as Grocers Resist Price Hikes
Carrefour Calls Out Brands for Shrinkflation as Grocers Resist Price Hikes
September 14, 2023  |  Retail

Around the world, brands have been addressing cost challenges by quietly reducing the amount of product per purchase — a move that can lose shoppers’...

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Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
Consumer Expenditures Leap 9% in 2022 as ‘Everyday’ Spend Grows Faster Than Income
September 08, 2023  |  Economy

The year 2022 marked a continued emergence from the pandemic, and new data show just how much — and how fast — we spent our...

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Overall Inflation May Be Steady, but Food Prices Tick Up Again
Overall Inflation May Be Steady, but Food Prices Tick Up Again
August 10, 2023  |  Economy

July’s consumer-price index (CPI) showed inflation rising, overall, at a relatively steady pace. But in the devil’s in the details, as they say, and the...

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Grocers Cut Prices Globally as Discount Retailers Gain Share
Grocers Cut Prices Globally as Discount Retailers Gain Share
June 02, 2023  |  Retail

Forced to choose between protecting their margins and losing more share to discount retailers, grocery chains worldwide are slashing prices to remain competitive. In the...

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UK Seeks Cap on Food Prices as Consumers Struggle
UK Seeks Cap on Food Prices as Consumers Struggle
May 28, 2023  |  Economy

The British government wants supermarkets to cap food prices amid rampant inflation. U.K. health secretary Steve Barclay said Sunday (May 28) that ministers were in...

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