food prices

RBI Monitors Prices of Both Competing Restaurants and Grocers
RBI Monitors Prices of Both Competing Restaurants and Grocers
February 14, 2023  |  Earnings

Amid inflation, RBI keeps watch on not just other QSRs’ pricing but grocers’ as well. Restaurant Brands International, parent company of quick-service restaurant (QSR) giants...

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Dollar Stores Become Grocery Stores as Food Prices Climb
Dollar Stores Become Grocery Stores as Food Prices Climb
February 05, 2023  |  Retail

As food costs rise, consumers are turning to dollar stores to buy groceries. More than 20% of consumers purchase their groceries at stores such as...

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Grocers See Even High-Income Consumers Reining in Spending
Grocers See Even High-Income Consumers Reining in Spending
January 31, 2023  |  Retail

With consumers continuing to reel at food inflation, even upscale grocers are forced to adjust. Whole Foods Market, for instance, Amazon’s premium grocery retailer, recently...

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Grocers Fail to See Expected Surge as Shoppers Cut Back
Grocers Fail to See Expected Surge as Shoppers Cut Back
January 18, 2023  |  Retail

December sales data reveals that grocers did not get the predicted boost this holiday season. The U.S. Census Bureau’s advanced monthly sales report, released Wednesday...

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Inflation Puts Pressure on Independent Grocers as Consumers Trade Down
Inflation Puts Pressure on Independent Grocers as Consumers Trade Down
January 16, 2023  |  Retail

With rising food prices, shoppers are opting for lower-priced grocery chains over locally owned favorites. This, as the latest governmental data released last week showed...

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Consumers Want Prepared Meals Despite Dire Perception on Food Prices
Consumers Want Prepared Meals Despite Dire Perception on Food Prices
December 13, 2022  |  Consumer Insights

  Shoppers still want prepared meals at the supermarket, even as they see food prices skyrocket. In fact, consumers perceive the price increases for prepared...

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Paycheck-to-Paycheck Consumers Cut Back on Online Restaurant Ordering
Paycheck-to-Paycheck Consumers Cut Back on Online Restaurant Ordering
August 04, 2022  |  Consumer Insights

As food prices rise, consumers who don’t have a financial safety net to fall back on are no longer springing for restaurant delivery and takeout...

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Consumers Think Twice About Restaurant Spending as Inflation Climbs
Consumers Think Twice About Restaurant Spending as Inflation Climbs
July 29, 2022  |  Consumer Insights

As food prices rapidly rise, consumers are rethinking how they spend at restaurants. By the Numbers Research from PYMNTS’ new study,  “Consumer Inflation Sentiment: July...

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Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
July 28, 2022  |  Economy

If a value menu deal seems too good to be true, there is a good chance that the restaurant agrees — as food prices continue...

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