Financial Times

US grocers count the pennies as discounters wage price war

US grocers count the pennies as discounters wage price war

  • October 10, 2017
  • min read

Financial Times

US grocers count the pennies as discounters wage price war

Bain & Company predicts that grocery discounters’ revenues will rise 8 to 10 per cent through to 2020, five times faster than traditional US grocers, growth that will be aided as stagnant wages push frugal shoppers to cut-price retailers.

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