Declining food prices are impacting the bottom line
 
Supermarket News Daily

DECEMBER 1, 2023

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Kroger revises forecast following tepid Q3

Same-store sales 0.6% lower than year ago.

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Ingles Markets sees sales bump in Q4

Net sales totaled $1.58 billion for the quarter, compared with $1.45 billion the previous quarter.

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SN Product Watch: Boom Chicka Pop & Swiss Miss popcorn

Popcorn for those cold winter months.

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Instacart partners with Peacock to offer streaming content

All paying U.S. subscribers of the grocery delivery service will receive the new benefit.

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Moser’s Foods acquired by PFSbrands, group’s first foray into grocery

The Missouri-based Moser’s is a family grocery store chain with nine locations.

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Meijer expands EVgo partnership with new fast charging stations

Select Ohio Meijer locations will be the first to get the upgrade.

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Alimentation Couche-Tard reports net earnings of $819.2M in second quarter

And total merchandise and service revenues were $4.1 billion, up 1% from last year.

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The results are in...

A recent study indicates that omnichannel buyers spend 1.5x more every month than single-channel buyers, and are more than 3x more loyal than digital-only customers. 

So we asked:
Do you plan to invest in boosting your omnichannel strategy in 2024? 

And you answered:
  • Yes, crucial area for us (60%)
  • No, other plans (40%)

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Have another thought? Weigh in on our LinkedIn poll here, or email the SN team at  contactus@supermarketnews.com, and make sure to include your first and last name and job title. Have a great weekend!






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