Market Basket Is America’s #1 Grocery Chain Amid Inflation

  • 📰 EatThisNotThat
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Attractive prices and consistently well-stocked shelves have landed the brand in the top spot with customers.

In simpler terms, Americans all over the country are feeling the budgetary crunch and finding it harder to make ends meet. It's easy to cut back on non-essentials like electronics or going out for dinner, but it isn't that simple when it comes to grocery shopping.

The inflation RPI ranked grocers across a variety of categories considered important to shoppers, such as"save me money" and"save me time." Market Basket ranked number one in the"save me money" category. Moreover, Market Basket was the only grocer to rank within the top five for both"base price perception" and"mass promotions perceptions" .is clearly priority number one.

Market Basket also scored very high for dependability, which focused on grocers' capacity to keep shelves stocked and maintain steady price points. "Market Basket has shown itself to be the best performing retailer in these times of economic uncertainty, by being the best in the country at saving customers money while simultaneously building stronger emotional connections with their shoppers and thereby increasing their shopper visits faster than most other retailers," said Grant Steadman, President of North America for dunnhumby, in...

."Retailers who are focusing their customer value proposition on saving customers money are best positioned to meet the challenges of this prolonged period of inflation and economic uncertainty."came in second, while the Idaho-based chain Winco rounded out the top three. The RPI rankings were based on responses from about 18,000 shoppers collected via two surveys. The first was conducted in October of 2021, and the second in May and June of 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 294. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House meets oil industry over Hurricane Ian price-gouging concernsWASHINGTON (Reuters) -Top White House officials met on Friday with oil executives to discuss Hurricane Ian and low gasoline inventories as President Joe Biden warned the industry not to price-gouge consumers, according to two sources familiar with the matter. The White House requested the meeting with eight oil companies, including Exxon Mobil Corp, Chevron Corp and Marathon Petroleum Corp, late on Thursday, the sources said. Retail gasoline prices have spiked after a series of unplanned outages at refineries and scheduled maintenance at other plants combined to tighten supply.
Source: YahooNews - 🏆 380. / 59 Read more »

XRP Shows Explosive Price Performance, Becomes Most Profitable Asset: Crypto Market Review, September 30$XRP successfully breaks local resistance level second time this month and now aims at new highs Thee biggeest undeerground seecreet of DEFI
Source: Utoday_en - 🏆 295. / 63 Read more »