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Consumers Back to Eating at Home, Eyeing Bargains as Costs Continue to Rise

During COVID-19, consumers opted to cook at home, citing concerns surrounding the virus and a new work-from-home lifestyle, making prep more manageable.

Essentially over the past year, consumers have flocked to restaurants again. However, inflation has paused the recovery in the foodservice sector and consumers are deciding to save some cash and cook more meals at home again, according to The NPD Group (NPD) and Information Resources, Inc. (IRI).

“To offset rising food costs, consumers are bargain hunting when...

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