A new report from Rabobank concludes consumers are trading down when buying groceries or moving up to the premium sector as they slowly abandon the mid-market. It's a trend which could benefit both Wal-Mart (WMT) and Whole Foods Market (WFM) as they continue to chip away at sales at traditional grocery chains (KR, SWY, SVU, RNDY, HTSI) from different directions.
A new report from Rabobank concludes consumers are trading down when buying groceries or moving...
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