Latest news with #DonSanderson
Yahoo
14-05-2025
- Business
- Yahoo
Grocery inflation loses steam in April
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Food-at-home prices increased in April at a 2% annual pace, down from 2.4% in March, according to Consumer Price Index data released Tuesday by the U.S. Bureau of Labor Statistics. Across-the-board inflation ticked down last month to 2.3%, its lowest rate since February 2021. The decline in grocery inflation in April represented the first monthly decline for the figure since October 2024. Even as the unfolding tariff situation sparked concerns that food prices would quickly rise, grocery inflation lost steam last month by the largest amount since the figure dropped by half a percentage point in September 2020 — when food price growth was still tame ahead of the historic surge that kicked off in 2021. Egg prices continued to play an outsized role in the rate of grocery inflation in April, as a nearly 50% year-over-year increase in the cost of the commodity helped push the BLS index that also includes meats, poultry and fish up at a 7% annual clip. That dynamic could change in the coming weeks, as figures from the USDA released May 9 show that the national average retail price for conventional caged eggs was down by 17% compared with the prior week, to $3.30 per dozen. Coffee prices also stood out in April, posting an inflation rate of almost 10%. Instant coffee prices rose 13.5%, while the roasted variety came in at just over 9%. Meat prices also moved ahead last month, with costs for beef and veal leading the way. Uncooked ground beef prices were up in April at a 10% annual rate, while raw steak cost 7% more than it did a year ago. Pork prices, however, were up by just 1.3% in April, as bacon and related products saw inflation of just under 4% while the category that includes sausage dropped 1.1%. Ham prices moved ahead by 4.3%. Annual pace of overall and food-at-home inflation since 2018, by month Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce and tomato prices both down by over 6%. Dried beans, peas and lentils, however, were up by nearly 6%, underscoring the volatile nature of food prices. Retailers have been leaning into consumer concerns that grocery prices are primed to go up. For example, Meijer announced Monday that it would temporarily drop prices on more than 70 private label food items. 'Meijer understands customers are looking for value now more than ever before,' Don Sanderson, the Midwestern grocer's chief merchandising and marketing officer, said in a statement. Recommended Reading Tariff uncertainty poses risks for grocers, experts say
Yahoo
12-05-2025
- Business
- Yahoo
Meijer Dropping Prices on More than 70 Summer Grocery Staples
Retailer offering up to 60 percent off many grocery items all summer to help consumers beat inflation GRAND RAPIDS, Mich., May 12, 2025 /PRNewswire/ -- Meijer is dropping prices on more than 70 Meijer brand grocery essentials this summer to help customers who continue to feel the pinch of inflation. Items included in the 10-week promotion, which offers discounts up to 60 percent off, include Meijer brand food and drinks popular with Midwest families during the summer months: hot dog and burger buns, potato chips, lemonade, freezer pops, ingredients to make s'mores and canned goods for summer picnics like baked beans. "Meijer understands customers are looking for value now more than ever before, especially during the summer months of cookouts, camping, and kids home from school," said Don Sanderson, Chief Merchandising & Marketing Officer. "This promotion underscores our dedication to bringing 'more good to life' at great prices, ensuring families can find affordable and reliable options across every aisle." Discounted prices are valid from May 11 through July 19. A few of the Meijer brand items included in the summer promotion include: Freezer pops, 24-pack: $1.99 Graham crackers: $2 Chocolate bar 6-pack: $4 Marshmallows: $1 Quenchers enhanced water, 1-liter: $0.69 Hot dog and hamburger buns, 8-count: $1.39 Bottled purified water 24-pack: $2.99 Lemonade, 52 oz.: $1.99 Canned maple cured baked beans, 28 oz., $1.69 For additional savings, Meijer encourages customers to use mPerks, the Meijer app that allows customers to earn points on every dollar spent. These points can be redeemed for in-store coupons or used for additional savings on fuel at Meijer Express gas stations. Additionally, the mPerks program allows customers to earn savings on the products they purchase most in the "hand-picked offers" section of coupons in the app. Customers can find all items included in the promotion at About Meijer: Meijer is a privately owned, family-operated retailer that serves customers at more than 500 supercenters, grocery stores, neighborhood markets, and express locations throughout the Midwest. As the pioneer of the one-stop shopping concept, more than 70,000 Meijer team members work hard to deliver a friendly, seamless in-store and online shopping experience featuring an assortment of fresh foods, high-quality apparel, household essentials, and health and wellness products and services. Meijer is consistently recognized as a Great Place to Work and annually donates at least 6 percent of its profit to strengthen its communities. Additional information on the company can be found by visiting View original content to download multimedia: SOURCE Meijer Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Meijer Dropping Prices on More than 70 Summer Grocery Staples
Retailer offering up to 60 percent off many grocery items all summer to help consumers beat inflation GRAND RAPIDS, Mich., May 12, 2025 /PRNewswire/ -- Meijer is dropping prices on more than 70 Meijer brand grocery essentials this summer to help customers who continue to feel the pinch of inflation. Items included in the 10-week promotion, which offers discounts up to 60 percent off, include Meijer brand food and drinks popular with Midwest families during the summer months: hot dog and burger buns, potato chips, lemonade, freezer pops, ingredients to make s'mores and canned goods for summer picnics like baked beans. "Meijer understands customers are looking for value now more than ever before, especially during the summer months of cookouts, camping, and kids home from school," said Don Sanderson, Chief Merchandising & Marketing Officer. "This promotion underscores our dedication to bringing 'more good to life' at great prices, ensuring families can find affordable and reliable options across every aisle." Discounted prices are valid from May 11 through July 19. A few of the Meijer brand items included in the summer promotion include: Freezer pops, 24-pack: $1.99 Graham crackers: $2 Chocolate bar 6-pack: $4 Marshmallows: $1 Quenchers enhanced water, 1-liter: $0.69 Hot dog and hamburger buns, 8-count: $1.39 Bottled purified water 24-pack: $2.99 Lemonade, 52 oz.: $1.99 Canned maple cured baked beans, 28 oz., $1.69 For additional savings, Meijer encourages customers to use mPerks, the Meijer app that allows customers to earn points on every dollar spent. These points can be redeemed for in-store coupons or used for additional savings on fuel at Meijer Express gas stations. Additionally, the mPerks program allows customers to earn savings on the products they purchase most in the "hand-picked offers" section of coupons in the app. Customers can find all items included in the promotion at About Meijer: Meijer is a privately owned, family-operated retailer that serves customers at more than 500 supercenters, grocery stores, neighborhood markets, and express locations throughout the Midwest. As the pioneer of the one-stop shopping concept, more than 70,000 Meijer team members work hard to deliver a friendly, seamless in-store and online shopping experience featuring an assortment of fresh foods, high-quality apparel, household essentials, and health and wellness products and services. Meijer is consistently recognized as a Great Place to Work and annually donates at least 6 percent of its profit to strengthen its communities. Additional information on the company can be found by visiting View original content to download multimedia: SOURCE Meijer Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
