General Mills Bets on Innovation After Price Cuts Lift Volumes
General Mills raised new product launches 50% in two years, with new items driving 5% of net sales, after cutting prices on nearly two-thirds of its North America grocery portfoli…
General Mills raised new product launches 50% in two years, with new items driving 5% of net sales, after cutting prices on nearly two-thirds of its North America grocery portfoli…
Seattle passed the nation's first city-level ban on surveillance pricing, blocking retailers from using personal data to set individual grocery prices.
Industry experts at an FMI briefing warn elevated fuel costs could erode retailers' and suppliers' ability to keep grocery price increases contained across many products.
Kroger CEO Greg Foran calls cost reduction a multiyear program. Q2 brought an all-time high in on-shelf availability and record pickup orders, with more savings to come.
A Virginia class action claims Dollar Tree raised prices by up to $1.75 for tariffs, then kept $369 million in government refunds plus $14 million in interest.
Kroger has pulled Red Bull products from some banners, saying it is working with suppliers "to keep prices affordable" as it sharpens its low-price image.
Target's Q2 net sales rose 5.3% after price cuts on 10,000+ items, while BJ's plans a 20% SKU reduction and Walmart leans on 11,000 rollbacks.
Inspectors found overcharging at more than one in three Kroger stores checked in Ohio; errors favored Kroger nearly 3-to-1, per a new CRFB report.
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