Grocery chains are adapting to the times by adopting eat local practices and sustainable seafood standards, but the biggest change consumers worldwide will see in the coming year could be the size of their supermarkets.
Shrinking supermarkets aren't a brand-new concept: Two years ago, we reported that Safeway, Jewel-Osco, and Walmart were focusing on stores with smaller square footage in hopes to capitalize on the segment of time-strapped shoppers who don't want to spend hours searching for what they need.
Now, the small-scale supermarket movement is making its rounds outside of the States. Asda, a British supermarket company that's a subsidiary of Walmart, is also changing its business model to hone in on smaller stores.
There are additional reasons — such as faster inventory turnover, greater appeal to single-person households, and more expensive offerings — to incentivize retailers to move to a smaller-scale format. With mom-and-pop shops and slow food principles gaining traction, it's possible that we're ushering out the era of Walmart Supercenters and SuperTargets. Do you agree?
Aiming to eat healthier during this holiday season? Then be mindful of your spending habits. Consumers aren't as likely to buy junk foods if they pay using cash,
Yesterday was a rough day for
Trader Joe's is following in the footsteps of stores like
According to the company, the Florida citrus industry has produced the smallest crop in 20 years. Its yield is down 12 percent from last year, after a freeze damaged a large portion of the produce. Part of this devastating cost is being passed off to customers. I'm not that bothered by the price increase — it likely won't be more than 50 cents extra — but I think the practice of shrinking sizes is deceptive. How do you feel about the move?
At the beginning of the month, I swore that the
On average, I shop at
WRAP suspects that since many of the buy-one-get-one-free promotions are applied to older items, consumers are tossing products that pass their "sell-by" dates, unaware that the commodities can still be consumed, as long as they haven't reached a different "use-by" date. As an alternative, supermarkets are being asked to offer half-price deals on perishable goods instead.