Kroger Says Inflation Is Pushing Shoppers to Cheaper Store Brands
17 Tháng Sáu 2022
© Bloomberg. Packages of Kroger Co. brand butter are displayed for sale at a supermarket in Louisville, Kentucky, U.S., on Tuesday, March 5, 2019. Kroger Co. is scheduled to release earnings figures on March 7. (Bloomberg) -- Kroger (NYSE:KR) Co. said grocery shoppers are “aggressively” turning to cheaper store brands as they wrestle with the highest inflation in four decades.
Same-store sales for Kroger-branded products rose 6.3% in the first quarter, faster than the overall sales growth, the company said Thursday on its earnings call. Customers who are facing higher prices everywhere from the gas pump to the checkout line “are actively looking for ways to save,” Chief Executive Officer Rodney McMullen told analysts on the call.
Kroger’s comments contrast with the tone lately from consumer-staples giants like Procter & Gamble (NYSE:PG) Co., who say they haven’t seen shoppers trade down to store brands in a meaningful way.
Kroger said it’s also seen a decline in the number of items that customers purchase on a typical shopping trip, though that’s partly due to some shoppers buying in bulk. Customers are also coming in more frequently than before, the company said.
Grocery prices climbed 11.9% from May of last year, the most since 1979, Labor Department data show.
©2022 Bloomberg L.P.
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| EUR/USD | 1.0562 | ↑ Sell | |||
| GBP/USD | 1.2278 | ↑ Sell | |||
| USD/JPY | 134.65 | ↑ Sell | |||
| AUD/USD | 0.6919 | Neutral | |||
| USD/CAD | 1.2893 | Buy | |||
| EUR/JPY | 142.22 | ↑ Sell | |||
| EUR/CHF | 1.0110 | Neutral |
| Gold | 1,836.70 | Neutral | |||
| Silver | 21.380 | Neutral | |||
| Copper | 3.7967 | Sell | |||
| Crude Oil WTI | 107.12 | Neutral | |||
| Brent Oil | 108.78 | Neutral | |||
| Natural Gas | 6.218 | ↑ Sell | |||
| US Coffee C | 223.40 | ↑ Buy |
| Euro Stoxx 50 | 3,533.17 | Neutral | |||
| S&P 500 | 3,911.74 | ↑ Buy | |||
| DAX | 13,118.13 | ↑ Sell | |||
| FTSE 100 | 7,208.81 | ↑ Buy | |||
| Hang Seng | 22,122.50 | Buy | |||
| Small Cap 2000 | 1,765.74 | ↑ Buy | |||
| IBEX 35 | 8,244.10 | Sell |
| BASF | 42.215 | ↑ Buy | |||
| Bayer | 57.79 | ↑ Sell | |||
| Allianz | 181.20 | ↑ Sell | |||
| Adidas | 170.36 | ↑ Sell | |||
| Lufthansa | 5.966 | ↑ Sell | |||
| Siemens AG | 102.62 | ↑ Buy | |||
| Deutsche Bank AG | 8.919 | ↑ Buy |
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| SJC Eximbank | 6,775 / 6,845 (15 / 5) # 1,675 |
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| SJC Nhatrang | 6,795/ 6,867 (10 / 0) # 1,698 |
| SJC Cantho | 6,795/ 6,867 (10 / 0) # 1,698 |
| Cập nhật 27-06-2022 08:46:28 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
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| RON 95-III | 32.870 | 33.520 |
| E5 RON 92-II | 31.300 | 31.920 |
| DO 0.05S | 30.010 | 30.610 |
| DO 0,001S-V | 30.810 | 31.420 |
| Dầu hỏa 2-K | 28.780 | 29.350 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $107.15 | +0.4 | 0.37% |
| Brent | $112.85 | +0.22 | 0.19% |
| $ Tỷ giá Vietcombank | ||
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| Ngoại tệ | Mua vào | Bán ra |
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| EUR | 23.932,61 | 25.273,13 |
| GBP | 27.815,29 | 29.001,83 |
| JPY | 167,64 | 177,48 |
| KRW | 15,57 | 18,97 |
| Cập nhật lúc 08:39:46 27/06/2022 Xem bảng tỷ giá hối đoái | ||
