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The latest in food retail
RETAIL & FINANCIAL

Attorneys general of the District of Columbia, California, and Illinois had sought a temporary restraining order.

Albertsons reported the court’s decision late yesterday. The dividend of $6.85 per common share was slated to be paid on Nov. 7 but remains suspended under a TRO attained in Washington state through the King County Superior Court. Efforts to stop the special dividend claim that its size will hamper Albertsons’ operations during the merger deal’s antitrust review, in turn impacting workers and shoppers:
 
 
ISSUES & TRENDS

Consumers have increasingly turned to grocery store foodservice as part of meal planning and an ongoing trend toward food-at-home.

While the momentum has swung back toward restaurants, many have retained their preference for eating at home due to habits generated during the pandemic, hybrid work environments and high menu pricing at restaurants, he explained. FMI’s research, also based on a survey of 2,009 U.S. adult grocery shoppers, found that 71.7% of households:
 
 
CONSUMER TRENDS

Food-at-home Consumer Price Index shows slower growth. What does this mean for shoppers?

Grocery shoppers got a potential sign of relief as the October Consumer Price Index (CPI) indicate that food price inflation cooled more than expected last month.” Four of six major grocery store food group indices for food-at-home gained on a monthly basis in October. The cereals and bakery products index rose 0.8%, and the meat, poultry, fish and eggs index was up 0.6%. The steepest 12-month price hikes came from:
 
 
RETAIL & FINANCIAL

Global food retailer Ahold Delhaize built on sequential and prior-year net and comparable sales gains in its U.S. business for the fiscal 2022 third quarter.

Overall, Ahold Delhaize USA expanded to 1,471 online grocery pickup sites as of the end of Q3. For the quarter ended Oct. 2, Ahold Delhaize tallied U.S. net sales of $14.75 billion, up 8.8% at constant exchange rates (27.4% actual) from $13.55 billion a year earlier, the Zaandam, Netherlands-based company said Wednesday. Comparable sales grew 8.6% year over year and were up:
 
 
 
 
 

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