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Epic Economist, 12/30/24
"Aldi Store Shelves Are Going Empty
As Shoppers Rush To Hoard Supplies"
"Groceries have been hit by another wave of price hikes in the final days of 2024, that's why shoppers are doing everything they can to save on costs and find the best possible deals out there. According to new reports, Aldi store shelves are being wiped clean right now because more people are rushing to stock up on supplies before prices become even higher in 2025. Even upper-income Americans are buying their groceries at the discount retailer’s stores, especially as food inflation continues to worsen all over the country.
In recent weeks, a number of food industry experts came forward to warn the public about rising prices at the supermarket in the year ahead. After dealing with increasingly expensive grocery bills for more than 40 consecutive months, some consumers are fed up, and they're taking action against inflation by stockpiling shelf-stable goods before retailers start marking up their prices again. With food budgets stretched thin, cash-strapped Americans are opting to shop at affordable stores like Aldi to look for deeper discounts.
While Aldi has always been popular amongst low-income consumers due to its wide range of products and cheap prices, middle and upper income Americans are now realizing that there's no point in paying more at big-box stores when they can spend significantly less on food at Aldi. Given that overall food prices rose by almost 30% since 2021, it's easy to understand why everyone is becoming a bargain seeker at this point."
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Meanwhile, elsewhere...
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Travelling with Russell, 12/30/24
"Russian Typical (German Owned)
Supermarket 1 Day Before New Year"
"What is it like to shop at a Russian typical supermarket 1 day before New Year? Globus is a German-owned supermarket. Join me as we tour the shop and see how Russians shop for New Year. What are the popular food items, and how busy is the store."
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