When prices rise slowly, shoppers and the economy can adjust. But when inflation accelerates, as we are seeing in our stores today, independents must use new strategies to compete against bigger chains. In this article, IGA CEO John Ross shares some of these strategies for independents.
FEATURE STORY
How Is Inflation Impacting Independent Grocers?
A historic period of inflation has pushed grocery prices ever higher as the nation continues to grapple with the coronavirus pandemic. A labor shortage, supply chain issues, and other factors are driving up costs, but many consumers just see high food prices amid record profits in the grocery sector.
With Nielsen forecasting inflation to rise 6.9 percent in 2022, how are retailers dealing with the rising cost of goods and what are they doing to help shoppers do the same?
CONTESTS & EVENTS
Build Baskets & Win $250–Contest Starts Sunday!
The Hellmann's Big Game Display Contest kicks off this Sunday! Create your own in-store display featuring Hellmann’s/Best Foods and Lipton Recipe Secrets for a chance to win $250. Learn how to enter this basket-building contest and find recipes to promote online and in-store.
The NGA Show Is Less Than 1 Month Away!
With snow and freezing temperatures blanketing most of the country, doesn't a trip to sunny Las Vegas sound great? Beginning February 27, independent grocers will gather for our first in-person event of 2022 during The NGA Show. Register now for all the great content you would normally experience during an IGA rally, coupled with NGA's valuable industry-wide insights.
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