Latest November Insights in Supermarket News
| CONSUMER TRENDS | | | Grocery price inflation eases a bit in October
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: |
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| RETAIL & FINANCIAL | | | Ahold Delhaize ramps up Q3 U.S. sales growth
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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