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U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies
The U.S. grocery slowdown is deepening as shoppers buy fewer items, increasing pressure on food companies. Grocers and brands are intensifying competition on price and value to attract customers.
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Adjacent reporting
- How America’s grocers are responding to changing consumer habits
- As consumers pare spending, grocery stores race to cut prices
- America’s biggest grocery store chain slashes prices on thousands of items as affordability war ramps up
- US Consumer Slowdown Threatens Stocks Rally, UBS Says
- Budget-conscious shoppers are feeding a boom in discount groceries
- UBS Chief Strategist Sees US Consumer Slowdown Threatening Stock Rally