CHICAGO — Americans have an exaggerated perception of food retailers’ profit margins and overestimate the impact of inflation on grocery prices, according to a new report. According to the latest dunnhumby Consumer Trends Tracker, U.S. consumers think the net profit margin for grocery retailers is 35.2%, or 14 times higher than the 2.5% margin actually
NEW YORK — The COVID-19 pandemic is turning out to be good business for food retailers. While consumers are making fewer grocery shopping trips, they are driving enormous growth in e-commerce and omnichannel options, such as home delivery and store pickup. Despite, in most cases, making substantial unplanned investments related to the outbreak, international, national
Wegmans, arguably the finest grocery retailer the United States has to offer, opened its first supermarket in New York City late last month, a 74,000-square-foot store in Brooklyn. So significant was the opening that The New York Times, often referred to as America’s newspaper of record, devoted the back page of its first section to