People shop at a supermarket in Montebello, Calif., on Aug. 23, 2022. U.S. shoppers are facing increasingly high prices on everyday goods and services as inflation continues to surge with high prices for groceries, gasoline, and housing. (Frederic J. Brown/AFP/Getty Images) While food prices remain elevated and customers look for cheaper deals, supermarkets have begun to limit the discounts they provide and are running fewer promotions.
In the third quarter, food and beverage products were sold with a 20.6 percent price reduction on average, which is less than the 25.7 percent discount during 2019, a Wall Street Journal report said, […]
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