Published 2 months ago

Major grocers expanding discount footprint as customers keep budgets tight

Canadian grocers like Loblaw are investing in discount stores as there is a growing shift towards discount shopping.
Discount grocery stores use simpler displays, carry more private label products, and employ fewer staff, resulting in similar profit margins as full-service stores.
Converting full-service stores into discount stores is a low-risk and cost-effective strategy that helps grocers maintain profits and adapt to consumer behavior.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

CTV News

Major grocers expanding discount footprint as customers keep budgets tight

Canada’s biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the higher cost of living.

2 months ago·Canada

Read Full Article

Global News

Major grocers invest in discount stores as customers keep budgets tight - National

Converting grocery stores to discount keeps profits steady despite consumers seeking ways to rein in their spending, experts say.

2 months ago·Toronto, Canada

Read Full Article

Winnipeg Free Press

Major grocers expanding discount footprint as customers keep budgets tight

Canada’s biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the […]

2 months ago·Winnipeg, Canada

Read Full Article

Financial Post

Major grocers expanding discount footprint as customers keep budgets tight

Canada's biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the higher cost of living.

2 months ago·Canada

Read Full Article

The Epoch Times

Major Grocers Expanding Discount Footprint as Customers Keep Budgets Tight

Canada’s biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the higher cost of living. Converting grocery stores to discount is a relatively easy move, experts say, and one that is helping the grocers keep profits steady despite consumers seeking ways to rein in their spending. “There’s all sorts of things that … people are doing, but one of t…

2 months ago·New York, United States

Read Full Article

Coast Reporter

Major grocers expanding discount footprint as customers keep budgets tight

Canada’s biggest grocers are investing money and space in discount stores such as No Frills, Food Basics and FreshCo as shoppers look for ways to save on food amid the higher cost of living.

2 months ago·Sechelt, Canada

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year