Shoppers Cut Back as Food Costs Surge | Business and Finance News

Grocery bills are soaring—up 33% since 2019—and shoppers are cutting back hard, even as prices climb. With gas still expensive and government aid shifting, families are tightening budgets by switching to store brands, buying less, and hunting for deals. Big players like PepsiCo are feeling the squeeze, seeing weaker demand and ramping up promotions. Retailers like Walmart and Kroger are slashing prices and pushing their own labels to win back value-conscious shoppers. The race is on to sell more goods, not just more dollars—because trust in value is what’s keeping the aisles stocked. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cdfd7344981fb4e3