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NPD And IRI Forecast “Complete” Food Market Will Grow Sales 3% To 5% In 2023


We wrote last week about how The NPD Group and Information Resources Inc (IRI), which recently merged, were detailing changes in recent consumer food behavior both at grocery stores and restaurants, give soaring food inflation. The bottom line was that consumers, particularly in lower-income households, were cutting back on restaurant visits and were bargain hunting…

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