From dollar store shoppers to wealthier club store members, consumers are seeking value. So said Kraft Heinz CEO Carlos Abrams-Rivera, addressing his company’s 7.1% quarterly sales drop...
President Joe Biden wants snack food companies to end the practice of shrinkflation. That is the term for when businesses reduce the size of a product without...
The end of inflation? The end of the pinch to paycheck-to-paycheck wallets? Hardly. And, per the latest Consumer Price Index data, released Thursday (Jan. 11) by...
Inflation, overall, is scaling back from a formerly torrid pace as prices at the pump recede. But the fact remains that everyday essentials — namely...
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...
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...
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...
Around the world, brands have been addressing cost challenges by quietly reducing the amount of product per purchase — a move that can lose shoppers’...