Some dine-out foot traffic trends have been trampled since the pandemic as consumers have shifted to eating at home, brought on additionally by inflation. But even grocery stores are not proving to be immune to the effects of higher prices.
Not surprisingly, when Placer.ai looked at regional trends among grocers it found that value-oriented grocery chains – brands such as Aldi, Lidl, Walmart Neighborhood Market, Save-A-Lot, and Grocery Outlet Bargain Market – have successfully increased their foot traffic.
Overall, though, foot traffic is down for grocers as prices spiked in the first half of 2022, as grocery shoppers nationwide "felt the pinch at the checkout," Placer.ai said in a report.
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