This seems to be mirrored by the development in Europe where overall margins also dropped by 3% despite increasing prices from 2019-2022. interesting and detailed report from McKinsey:
https://www.mckinsey.com/industries/retail/our-insights/state-of-grocery-europe-2023-living-with-and-responding-to-uncertainty
EBITDAs are under pressure that's for sure.
AHWhite
npub1c2…kmmvf
2024-08-17 07:27:45 UTC
in reply to nevent1q…6pjx
Author Public Key
npub1c2rvx6ue9uewl452kczcfxz9w242sfzn64ul8dv2afd3t5dpktzs0kmmvfSeen on
wss://nos.lolPublished at
2024-08-17 07:27:45 UTCEvent JSON
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