​Supermarket Trends: “Pocketbook Pressure” Increases Chicken Demand As Consumers Seek Savings – Tyler Durden

Supermarket Trends: “Pocketbook Pressure” Increases Chicken Demand As Consumers Seek Savings Cash-strapped consumers have traded down supermarket stores to budget ones and aggressively shifted towards cheaper private label brands. They’ve also dialed back on restaurant spending as challenging economic conditions persist, driven by elevated inflation and high interest rates—primarily fueled by the Biden-Harris team’s’ ‘Bidenomics.’  “In addition to reducing dining-out occasions, shoppers are also making more frequent visits to grocery stores even as they purchase less each time — all in an effort to capture savings after years of high food inflation,” Bloomberg said, citing an earnings call from Pilgrim’s Pride, the second…  — Continue at ZeroHedge News : Read More