Sentences with phrase «food deflation»
"Food deflation" refers to a situation where the prices of food items decrease over time instead of increasing. It means that the cost of groceries and meals becomes cheaper, allowing people to buy more food for the same amount of money. Full definition
Canadian grocers, which were locked in a price war and are just coming out of a prolonged bout of food deflation, now have to get ready for Amazon, which in June agreed to buy Whole Foods Market Inc..
canadianbusiness.com
The price war with Walmart comes at a time so - called food deflation is already pinching all these chains» sales and profit margins: Dollar General said prices for milk fell 8 % and more than 50 % for eggs during the quarter.
Still, the retailer acknowledged some macroeconomic forces impacting its sales, including retail food deflation.
One possible cause for the decline could be food deflation, which has lowered prices at the grocery store, persuading potential customers to eat in instead of dine out.
TORONTO — Grocery prices declined in September, and that was likely due more to traditional supermarkets» ongoing battle with Walmart and Costco than it was to food deflation, according to a new report.