Daniel Hofmeister’s Post

View profile for Daniel Hofmeister, graphic

President at Darigold | Chief Executive Officer | Chief Marketing Officer | Chief Growth Officer | Board Member | Servant Leader | Brand Builder | Consumer Goods | Private Equity

Retailer competition to win back shoppers is, not surprisingly, heating 🥵 up with 🦃 day being the next (and perhaps most critical) "must win" grocery battle. Or is it? 🤔 Note...a 15-item Thanksgiving meal costs an average of $65.51 this year, which is down a meager 3% from last year🥱 Which, after all those savings is, wait for it...still 42% higher overall than in 2019 😳 Net, despite the hype surrounding promo discounts, the reality is the bar for pricing has been reset with little change insight. This elevates the need for retailers and RGM teams to break the frame of standard promotional activity with creative solutions to deliver consumer value. #grocerywars #RGM #pricing #inflation

Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands

Grocery chains vie for a place on Thanksgiving tables with turkey dinner deals and store brands

apnews.com

To view or add a comment, sign in

Explore topics