The most popular articles with SFA News Daily readers in November focused on retail executives’ outlooks on the current economic environment, industry trends, and the closing of a special grocery store.
In case you missed it, the following were the top five most read stories in November.
1. Target CEO: Grocery Shoppers Pull Back
Stressed budgets going into the holiday season have caused shoppers to pull back on all goods, including groceries, shared Target CEO Brian Cornell in an interview with CNBC.
2. Grocers Adjust Self-Checkout Strategies
As backlash against self-checkouts continues to grow, retailers are responding by adjusting their approach.
PCC Community Markets, a community-owned grocery cooperative in Washington, said that its store in Downtown Seattle will close permanently on January 31, 2024.
4. Walmart CEO Expects Holiday Deflation
Walmart CEO Doug McMillon said deflation could be coming in time for the holiday season as key grocery items like eggs, chicken, and seafood get cheaper. He added that general merchandise items are also feeling economic relief.
5. KeHE Unveils 2024 Macro Trends
KeHE Distributors said that it has identified the top macro trends in the food and beverage industry to inform retailers’ product selections for 2024. Experts from KeHE identified seven predicted trends for the coming year.
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