Seeking Alpha

sniper6 » Comments » K

  • Consumers Shifting Food Purchase Patterns Into Recession Mode [View article]
    If you want to know what is happening to consumer spending patterns, and the state of the economy, ask someone who knows first hand. I know a guy that works at the deli counter of a large supermarket chain, has worked there for years.

    He told me people are barely looking at the name brand meats and cheeses (Boars Head, Land of Lakes, etc) like they were a year or two ago. People are buying the discount (store) brands because of the lower prices. The store is cutting back big time on their orders of the name brand products, and getting a lot more of the generic stuff.

    He said the same is true for all the departments in the store... name brand products are being passed over in favor of lower priced products.
    Apr 15 11:16 am |Rating: 0 0 |Link to Comment
More on K by sniper6
Comments by Ticker
sniper6's
Comments Stats
22 comments
Rating: 0 (0 - 0 )