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Target lowers prices on 5,000 frequently shopped items

- Retail
Target Corporation announced today it will lower everyday regular prices on approximately 5,000 frequently shopped items across its assortment.

Annual inflation remains 3.4%, but produce only 1.7%

- General News
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today.

FMI report delves into value-seeking consumer behavior

- Retail
FMI's research found while half of shoppers surveyed say they are looking for more deals, only 32% are buying fewer items.

Popmenu study finds consumers spending less of monthly food budgets on restaurants

- General News
Consumers love restaurants — 64% said they would dine at or order from restaurants every day if they could manage it — but a prolonged struggle with inflation is tempering their spend and gratuities for staff.

CPMA 2024: Grocer panel talks inflation coping strategies

- Retail
At the Canadian Produce Marketing Association’s convention on April 25, a panel of grocers spanning discount to high end discussed how they’re trying to mitigate some of the higher prices

RaboResearch shows continued inflation concern for North American agribusiness

- Analysis
Rabobank’s RaboResearch Food & Agribusiness (F&A) team in North America announced today the publication of the North American Agribusiness Review

Week in Review April 12, 2024

- Analysis
VIVA Fresh week is here, and Pamela says it will likely be its biggest ever. One hot topic will be the tomato suspension agreement, which Greg says heated up this week

Research shows consumers want more retailer help on food inflation

- General News
The Feedback Group, a leader in providing actionable stakeholder feedback, today released new findings from national research conducted with 1,150 consumers about their experience shopping in supermarkets for food and groceries.

Inflation higher than expected in March

- General News
The U.S. Bureau of Labor Statistics released its monthly Consumer Price Index Summary April 10, 2024, which was higer than expected

Inside Aldi, Lidl’s growth during food inflation

- Featured
Placer.ai checked back in with two grocery chains known for their bargain prices and private labels – Aldi and Lidl – to see how they’re doing.