Rising Grocery Prices, or Election Year Spin? Retail Real Estate Can Win Either Way
Yes, it’s true. Grocery prices are up 21% over the last three years according to the US Labor Department. To offset the increased spend, Americans now shop for groceries at an average of 20.7 different retailers, up 23% versus a year ago.[1] The choices seem countless, and even traditionally non-grocery options are also showing up with new food choices.
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