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Lower-Income Households Trade Down At Grocery Stores, Cut Foodservice Visits, Reports NPD


With food inflation at a 40-year high, consumers with household incomes below $75,000 a year are dramatically changing their food buying behavior at both grocery stores and restaurants, according to data from The NPD Group and sister company Information Resources Inc. The impacts are far-reaching with such households accounting for 46% of the US population….

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