Grocery prices are on the rise and have been for a while, according to the Bureau of Labor Statistics:
“Food-at-home prices increased 10.8% over the past year — the largest 12-month increase since November 1980 — according to Consumer Price Index (CPI) data for April released by the U.S. Bureau of Labor Statistics (BLS) on Wednesday.“
P.S. Grocery is a market segment worth watching right now as more people choose to cook at home. Are you interested in selling more through Walmart this year? Get in touch with us at 8th & Walton today and schedule a consultation.