Inflation Bites: How Americans Are Rethinking Grocery Shopping
How are US consumers adapting their grocery shopping habits in response to rising food costs and inflation? Diving into proprietary survey data from Coresight Research, this episode of Retaili$tic highlights the shift toward value-focused shopping, the impact of new tariffs on grocery prices, and the strategies that retailers are employing to meet changing consumer demand. The conversation also touches on future trends in the grocery landscape, emphasizing the importance of adaptability for both consumers and retailers.
Retailistic · Georgina Smith, Philip Moore, Stephan Deemer
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Show Notes
Takeaways
- US consumers are hyper-focused on value right now.
- 59% of consumers prefer retailers offering personalized deals.
- 44% of consumers are switching to generic or store brands.
- 38% are sticking strictly to their shopping list.
- Consumers are pivoting to cooking at home.
- Tariffs could cost the foodservice sector over $12 billion.
- Retailers are expanding their private-label offerings.
- Technology is going to play a bigger role in retail.
- Value will remain front and center throughout 2025.
- Economic pressures can spark unexpected innovation.
Chapters
00:00 This Week in Research: New Reports and Data
02:12 Shifts in Grocery Shopping Habits
05:09 Impact of Inflation on Dining Out
06:30 Effects of New Tariffs on Grocery Prices
08:38 Retailer Strategies in Response to Consumer Shifts
10:15 Future Trends in Grocery Retailing
For more on this topic, read the full report from Coresight Research: Tariff Anxiety Hits the Supermarket: US Consumers Turn Cautious When Shopping for Groceries.