Saturday, June 30, 2012

Food purchases at grocery stores

Over at Illusion of Prosperity, Mark has a nice analysis of Grocery Store Purchases.

The gist is that per capita they have been going down for a long time.  Check out his charts.

Walmart moving into groceries in a big way has probably had a measurable effect on the $ per capita. The stuff they stock is going to be at lower price points relative to grocers.

I think to some degree brand name processed foods are pricing themselves out. The shrinkage of package size has been very noticeable, with potato chips, for example. Where I would buy this product occasionally, I now just walk past that aisle. Whatever taste temptation is destroyed by the price.

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