Posted on Nov 12, 2020
Grocery shoppers trade up from dried beans and rice to premium foods as Covid cases rise
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Posted 4 y ago
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"“Everybody wants an indulgence,” he said. “I know on some hard days, I’ll go indulge myself with a nice cup of ice cream.”"
That is a little bit more than an indulgence - "The percentage may sound like a small one, but it is a notable shift in the multibillion-dollar consumer packaged goods industry, where rivals compete at just tenths of a percentage from one another."
Quote from previously in the article.
A quote from later in the article - "However, Davey said recent shopping data has shown only the third tendency. He said households — even those with lower incomes — may feel comfortable spending more on premium items, since they’ve cut spending in other categories as they mostly stay at home."
That is a little bit more than an indulgence - "The percentage may sound like a small one, but it is a notable shift in the multibillion-dollar consumer packaged goods industry, where rivals compete at just tenths of a percentage from one another."
Quote from previously in the article.
A quote from later in the article - "However, Davey said recent shopping data has shown only the third tendency. He said households — even those with lower incomes — may feel comfortable spending more on premium items, since they’ve cut spending in other categories as they mostly stay at home."
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