The company has also pulled the plug on its Scan & Go mobile app
 
Supermarket News Daily

FEBRUARY 22, 2023

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Hy-Vee ends employee discount, citing fraud

Th company has also pulled the plug on its Scan & Go mobile app.

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Walmart U.S. Q4 comps up 8.3% amid strong food sales

The company cites economic uncertainty in issuing cautious guidance for year ahead.

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Premium brands still a powerhouse for the pet aisle

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Acosta names Don Byrd EVP

Byrd will drive the sales and marketing firm’s business with Walmart.

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What does the omnichannel customer look like? Here’s a snapshot.

Hint: natural and organic plays a big role.

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Our most-read stories of the week

Our most-read story this week? The surge of private label sales. The escalation of grocery prices is having a powerful, and positive, impact on the merchandising of private label products. Read on for the others...

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Tell us what you think...

Time for a poll. Consumers have their own thoughts when it comes to the profit margins in grocery, according to a new survey. And it’s not a small margin, either. Shoppers believe grocery retailers are earning a 35.2% net profit margin, a whopping 14 times higher than grocers’ actual average of 2.5%. 

How have you been managing shopper needs / perceptions in the midst of high inflation?

  • Price relief
  • Rewards / loyalty offers
  • Other, tell us in the comments
**

Cast your vote here, or email your thoughts (which we may edit or shorten before publication) to SN Executive Editor Chloe Riley at chloe.riley@informa.com, and make sure to include your first and last name and job title. Have a great rest of your week, and check back for the final results Friday.

WHAT DO YOU THINK?