CPGs, restaurants and food retailers pursue budget-minded consumers
May 4, 2023
Big food companies, restaurants and grocery retailers seek product answers to fit the budgetary constraints of lower-income consumers struggling with inflation. Food inflation has slowed recently but was still up 8.5 percent in grocery and 7.9 percent in fast food in March.
Recent News
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San Francisco’s Hayes Valley neighborhood welcomed a highly anticipated new addition on May 17, 2024, with the grand opening of a Trader Joe’s at 555 Fulton St., on the corner of Laguna Street. This event marks the end of a decade-long wait for residents who have been eagerly looking forward to a new grocery store in their area.
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