Fruits and vegetables have grown the most in affordability since January 2020
with a 17.3% CPI increase, followed by dairy and related products at 20.5%.
Smaller retailers may find it challenging to absorb the costs associated with compliance, potentially leading to consolidation in the industry or, in some cases, closures.
The US Federal Trade Commission is suing to block the Kroger Co.’s proposed $24.6 billion acquisition of the Albertsons Cos. Inc., alleging it is anti-competitive.
T&T Supermarkets has added retail real estate expert Chris Pine to its team as the company moves forward in its plans to open its US flagship location.