2024 Market Study Analysis: Uncertain Economy Impacts Most B-W Retailers; Little Optimism For Near-Term Improvement
Easing inflation, tightening consumer spending, and cuts to SNAP added up to…
- After the boom years of the COVID era, slowing inflation, and tightening consumer spending flattened sales.
- Traditional supermarkets and drug retailers find themselves most vulnerable to market shifts, continuing a trend.
- Said one exec: “It’s a good thing that your 12-month measuring period ended in March, because the next 12 months are going to look much different.”
Economic Environment Impacts Most Mid-Atlantic Retailers; Comp Sales Flat
Once again led by Giant Food and Walmart, the $61.3 billion Mid-Atlantic…
