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Rachel Wolfe’s latest article in The Wall Street Journal sheds light on the shifting landscape of grocery shopping habits, revealing a significant departure from the era of one-stop shopping. As Rachel reports in the piece, shoppers are making more trips to different retailers in part to save money.   Keep your eyes peeled for a familiar name mentioned in the article – Rachel includes insights from Advantage Solutions, highlighting our findings of a significant increase in consumers relying on deals and coupons before or during their shopping trips.   Read the full article here: https://lnkd.in/e8jNXyuh   #GroceryShopping #RetailTrends #Retail

#USA #foodinflation 'Harking back to the days before supermarkets, Americans are dividing their food shopping among more stores to save money. Consumers bought groceries from an average of 20.7 different retailers between March 2023 and February 2024 according to data firm Numerator, up 23% from the same months between 2019 and 2020. In addition to visiting more stores, shoppers are also traveling to cheaper ZIP Codes to shop and pursuing loyalty programs and promotions in greater numbers, retail analysts say. Treasure-hunt grocery shopping is the latest example of consumers changing their behavior in response to the higher of prices in our lives, from the homes we live in to the daycares where we send our kids. Now, with groceries taking up the highest percentage of household budgets in 30 years, more shoppers are driving all over town in pursuit of deals.'

Memorial Day weekend has come and gone, and the only sales I snatched up were in the grocery store! Am I alone in this? Nope - the fact is that as we head into summer, major retailers like Target and Walmart are stepping up with significant discounts to entice inflation-weary shoppers. These price cuts, mostly on groceries, come as inflation shows signs of easing, though not enough to fully alleviate financial strain. Recent earnings reports show that while consumers haven’t stopped spending, they are becoming more price-conscious and selective. Retailers must now offer competitive pricing to retain customers in this new "price war" landscape. And here is some advise from one of those "weary" shoppers, hummus should never be priced at $8 and I have no desire spending $10 for a 12 pack of Soda.......so bring on those discounts, please:) #Inflation #Retail #ConsumerSpending #GroceryDeals

Harking back to the days before supermarkets, Americans are dividing their food shopping among more stores to save money. Consumers bought groceries from an average of 20.7 different retailers between March 2023 and February 2024 according to data firm Numerator, up 23% from the same months between 2019 and 2020. In addition to visiting more stores, shoppers are also traveling to cheaper ZIP Codes to shop and pursuing loyalty programs and promotions in greater numbers, retail analysts say. Treasure-hunt grocery shopping is the latest example of consumers changing their behavior in response to the higher of prices in our lives, from the homes we live in to the daycares where we send our kids. Now, with groceries taking up the highest percentage of household budgets in 30 years, more shoppers are driving all over town in pursuit of deals. Keeping the household grocery bill under $250 a week now requires stops at Costco, Target, Publix, Sprouts and more. #inflation #groceryindustry #retail Rachel Wolfe

It’s interesting to see Black Friday-like discounts in May. While Black Friday traditionally occurs around November, some retailers have extended the concept to other times of the year. Let’s break down what this means for consumers: Retailers like Target, Walmart, and Amazon are offering significant discounts on thousands of items, particularly groceries. These discounts aim to attract shoppers who may be feeling the impact of inflation and economic challenges. However, it remains to be seen whether these May discounts will significantly boost consumer confidence. In summary, while the May discounts are a welcome opportunity for shoppers, their impact on consumer confidence and the overall retail landscape remains uncertain. Consumers should take advantage of the deals while keeping an eye on broader economic trends. #RetailNews #ConsumerNews #RetailTrends

Stay ahead of the game with insights on what today's shoppers are seeking in grocery deals! 🛒 From discounts to loyalty rewards, this Progressive Grocer article sheds light on consumer behaviors shaping the future of retail. Read the full article here: https://lnkd.in/gKXsB2D8 #GroceryTrends #RetailInsights #ConsumerBehavior 

The days of getting the weekly groceries at a single store are long gone with the trend of shopping at multiple stores growing. 🛒 Consumers are increasingly hitting up multiple grocery stores as they stock the fridge to save money and find exclusive items. Blame it on inflation and the rise of the private store brand. Learn more in my latest story for Axios with Mimi Montgomery. How many stores are you shopping at and is that number growing? Why do you personally shop at multiple stores? I'll start: My family shops at Costco, Trader Joe's, Aldi, Walmart, Target, Publix, Sam's Club and BJ's Wholesale for groceries. We shop at multiple stores to save money and for exclusive items. 🛍

In response to grocery prices rising 21% in the last three years, shoppers are increasingly purchasing groceries from multiple stores and traveling to cheaper ZIP codes to shop and pursue loyalty programs and promotions. The Wall Street Journal article below examines the new trend of treasure-hunt grocery shopping and how stores are marketing to these shoppers. #grocery #retail

In response to grocery prices rising 21% in the last three years, shoppers are increasingly purchasing groceries from multiple stores and traveling to cheaper ZIP codes to shop and pursue loyalty programs and promotions. The Wall Street Journal article below examines the new trend of treasure-hunt grocery shopping and how stores are marketing to these shoppers. #grocery #retail

U.S. grocers are adapting to #consumer shopping patterns in the face of #inflation. As households split their purchases among a wider variety of stores, #grocers are narrowing their product offerings rather than trying to be the jack of all trades in terms of product selection. This shift is prompting changes across #retail #supplychains, with stores focusing more on their private-label brands. According to Numerator, consumers bought groceries from an average of 20.7 different retailers over the past year, up 23% from four years ago. Sales of store brands were up 15% for the 52 weeks ended March 23 over the same time in 2022, according to AlixPartners.