Grocery Unit Sales Slow as US Consumers Hesitate
Grocery sales in terms of units moved fell in June, per Bain data, trending downward by 1.8%. Groceries cost about 33% more now than they did in 2019, and persistent inflationary pressure has put U.S. consumers on the back foot, with PepsiCo, Kroger, and Walmart (among others) working to find ways to attract spend despite headwinds (more).