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With Food Prices Rising, Consumers Pull Back on Other Retail Spending, Reports NPD

Pre-holiday declines in general merchandise sales emerge as grocery spending continues to rise

U.S. general merchandise retail sales revenue declined during the three weeks ending November 5, 2022. Year-over-year sales revenue in October fell 5% below a year ago, followed by a 14% decline in the first week of November. Several factors contributed to declining sales, with the rising cost of living at the forefront, according to The NPD Group, which recently merged with Information Resources, Inc. (IRI) to create a leading global technology...

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Nov 16 9:15 AM, General News



Blast From the Past: ALDI Rewinds Pricing on Thanksgiving Favorites

ALDI is pleased to introduce the Thanksgiving Price Rewind offering affordable prices on holiday essentials. Starting November 2, holiday favorites ranging from appetizers, desserts, sides and beverages, will match 2019 prices for discounts of up to 30%.

Think favorites like brie cheese, prosciutto, cornbread stuffing, award-winning wines, mini quiches, fresh brown-and-serve rolls, macarons and apple pie, to name a few. Shoppers can look for the Thanksgiving Price Rewind icon in their local ad and throughout the store for extra savings.

ALDI has everything you need this Thanksgiving...

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Nov 1 9:24 AM, General News


National Pizza Month: Marco's Pizza® Aims to Help Curb Food Inflation

While inflation continues to skyrocket and grocery prices reach new highs, Marco's provides pizza lovers savings relief without compromising on taste or quality. With grocery bills at a 40-plus year high and items such as eggs increasing nearly 40%, it could be cheaper for a family to order food in than preparing meals at home.

Marco's Pizza, the nation's fastest-growing pizza brand*, encourages consumers to take advantage of its deals during National Pizza Month. While pizza has always been the hero of value, Marco's marries good...

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Oct 4 8:00 AM, General News


Natural Grocers® Maintains Commitment to Affordable Prices During Record Inflation

"Inflation" is a word at the forefront of many conversations right now—for good reason. From gas stations to department stores, consumers are feeling the pressure of rising prices. Customers at Natural Grocers®, the nation's largest family-operated organic and natural grocery retailer, can shop with confidence knowing they can still get high-quality organic and natural products at Always AffordableSM prices.

ALWAYS AFFORDABLE PRICES: A FOUNDING PRINCIPLE

"Our parents founded Natural Grocers in 1955 with the belief that everyone should have access to affordable healthy..." 

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May 25 9:10 AM, General News


U.S. General Merchandise Unit Sales Fell 7% in April, as Retail Revenue Declined 1%, Reports NPD

As demand softens, the retail product mix needs to attract both value seekers and premium buyers

The consumer’s willingness to spend has been crucial to maintaining a healthy level of retail performance throughout the pandemic, but demand has been softening for several months. April 2022 U.S. general merchandise unit sales were 7% lower than a year ago, creating a 1% decline in sales revenue, according to The NPD Group.

“Higher retail prices have buffered demand declines but their escalation, combined with rising gas prices..."

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May 9 9:59 AM, General News


U.S. Bans Imports of Russian Oil, Natural Gas, and Coal

Earlier today, President Biden announced that he will sign an Executive Order to "ban the import of Russian oil, liquefied natural gas, and coal to the United States". The sanction against Russia is a result of "widespread bipartisan support that will further deprive President Putin of the economic resources he uses to continue his needless war of choice". 

According to a fact sheet released by the White House, today's Executive Order bans:

  • The importation into the United States of Russian crude oil and certain petroleum products, liquefied natural gas, and coal. Last year, the U.S. imported nearly 700,000 barrels per day of crude oil and refined petroleum products from Russia and this step will deprive Russia of billions of dollars in revenues from U.S. drivers and consumers annually.
     
  • New U.S. investment in Russia’s energy sector, which will ensure that American companies and American investors are not underwriting Vladimir Putin’s efforts to expand energy production inside Russia.
     
  • Americans will also be prohibited from financing or enabling foreign companies that are making investment to produce energy in Russia...
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Mar 9 7:59 AM, UB Newswires







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