Unit sales at grocery stores have fallen nearly 2% YoY in four of the last five months, per a Bain & Company analysts shared with CNBC.
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Americans are putting fewer groceries in their carts than they were a year ago, extending a troubling trend for the food industry.
Why it matters: The era of boosting sales simply by charging more appears to be ending, leaving food companies under growing pressure to grow volumes.
New data show the U.S. grocery slowdown is deepening as shoppers buy fewer items, forcing grocers and brands to compete harder on…
Grocery prices in the U.S. rose faster in April than any month in nearly four years, government data shows.
Americans are struggling to pay for everyday necessities with inflation soaring over 4 percent
The cost of food at grocery stores in April had the biggest one-month gain in four years. What happened?
More than half of Americans say everyday life has become less affordable, and many are cutting back to keep up.
As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store.
