Grocer profitability attracts scutiny of policmakers

Grocer profitability attracts scutiny of policmakers

The organic feed market is subdued. Buyers continue to maintain their current pace of just-in-time inventory. Merchandisers report some activity on new crop corn and soybeans but generally markets reflect the transition to the slower summer months. People are busy doing other things, families are on the go.

Pricing power for organic animal proteins at supermarkets and big box stores is weakening. Consumers’ purchases of food at home also seems to be slowing. The latest comparable-store sales figures from major U.S. supermarket chains reveals a concerning trend. This dataset compares one location’s sales to the previous year’s performance. 

Kroger’s U.S. division experienced a decline in fourth-quarter comps, with Kroger reporting a contraction in this critical financial metric for the second consecutive quarter. Albertsons’ comps in the third quarter remained stable at 2.9%, marking their lowest level since the…

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