CEO Chris Kempczinski said these consumers are likely opting to eat at home as grocery/supermarket inflation has cooled faster than food-away-from-home.
Food retailers are “at the intersection of potential risks on so many fronts,” and it’s critical they develop emergency response plans, according to the association.
U.S. President Joe Biden made headlines last week for taking aim at corporations for artificially inflating food prices. Who / what is responsible for high grocery prices?
Grocers
CPG companies
Inflation
Other, tell us in comments
-- Cast your vote here,or email your thoughts (which we may edit or shorten before publication) to the SN team at [email protected], and make sure to include your first and last name and job title. Have a great rest of your week.
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