While top-line retail sales data for September increased by 0.7%, beating analyst expectations of a 0.2% decline, food-focused categories remained only slightly up from August. … READ MORE >
food and beverage
Grocers get margin relief, but it may only be temporary
Food retailers experienced better profit margins in June as they were able to pass along price increases to customers while their costs from suppliers dropped. … READ MORE >
Amid chaos of coronavirus, food and beverage sector continues to adapt
The retail sales figures released this week painted a grim picture of consumer spending and the state of the economy amid the mounting human and economic toll of the coronavirus. But a deeper look at the data reveals some profound changes taking place that will most likely endure once the pandemic passes. … READ MORE >