Products Target is lowering prices on include milk, meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter and coffee, among others.

Walmart executives expect more of the same in the second quarter after the introduction of Bettergoods, a line of about 300 private label products.

Fruits and vegetables have grown the most in affordability since January 2020 with a 17.3% CPI increase, followed by dairy and related products at 20.5%.

Impulse purchases, displays and in-stock value were three of the main themes during FMI’s ‘Power of Produce 2024’ session at the SEPC’s Southern Exposure.

Consumers responded favorably to reduced food prices at Walmart Inc. late in the fiscal year ended Jan. 31.

In FMI's “Power of Private Brands 2023” report, 53% of consumers said private label offerings are very or extremely important in determining where they shop.

According to FMI, 85% of meat shoppers consider at least one better-for attribute when buying meat.

IFPA CEO Cathy Burns met with Canadian Prime Minister Justin Trudeau to discuss consumer food affordability in the US and Canada.

On Oct. 24, ADM's share price dipped to a 52-week low of $69.46.

Consumers have a variety of priorities in how they spend their food dollars, and they’re trying to find a balance between money, time, taste, nutrition and experience.