Economy

2888 readers

2 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 3 years ago

MODERATORS

sv1sjp@lemmy.world

U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies (www.cnbc.com)

submitted 2 days ago by spaghettiwestern@sh.itjust.works to c/economy@lemmy.world

9 comments fedilink hide all child comments

The U.S. grocery slowdown is becoming harder to ignore.

Shoppers are buying fewer items than a year ago, and grocery sales are declining as weakening unit sales are now outweighing rising prices. That is according to new analysis from Bain & Company using NielsenIQ grocery data shared exclusively with CNBC.

Grocery units, which refer to individual items or products sold, fell 1.8% in June from a year earlier, a sharp reversal from the 0.1% year-over-year growth recorded in June 2025. While prices continue to rise about 2% to 3% year-over-year, that inflation cushion for the industry is no longer enough to keep overall sales growing.

you are viewing a single comment's thread
view the rest of the comments

[–] spaghettiwestern@sh.itjust.works 3 points 2 days ago* (last edited 2 days ago) (1 children)

A cursory check of a few items at Ralphs in SoCal vs Fred Meyer in Seattle show prices are substantially higher in SoCal for common items. For instance a jar of mayo is 15.5% more in SoCal. Other items I've checked have been at least 10% more expensive.

It isn't my imagination - they are laughing at us.

[–] velma@sh.itjust.works 1 points 2 days ago

Now I’m curious how Safeway prices in Seattle compare to SoCal prices.

Our cost of living isn’t that different necessarily, though it’s been a while since I actually compared.