Basket Economics

Retailers

More Markdowns Ahead: Target Looks to Cut Its Losses

While seeing continued strength in food and beverage and other "essentials," Target said it will move to reduce inventories in discretionary categories where consumers have pulled back their spending.

Industry Partners

Nonessentials Get the Boot From Grocery Shoppers as Inflation Continues to Climb

More than one-third of shoppers polled by IRI said they're cutting back on discretionary items, but they're still willing to spend for convenience, especially when feeding a crowd.

Consumers are switching to less-expensive options and cutting down on nonessentials, IRI's Krishnakumar "KK" Davey says.

Basket Economics: Supervalu's former CEO returns to lead the discount division he once dreamed of doubling in size; and other recent financial news.

Basket Economics: On Day 1 for Buyk, 'real-time retail' comes to life, and really big ambitions are revealed.

Basket Economics: A maiden voyage to a new Amazon Fresh store left some questions unanswered.

Basket Economics: A Grocery Outlet benefit program in Oregon brings a community together, and its husband-and-wife store owners temporarily apart.

Basket Economics: A new DGX in a Huntsville, Ala., parking garage—and another fast-rising hit in Popshelf—have Dollar General rocking.

Basket Economics: In an unusual recovery to an unusual recession, input costs are soaring while food retailers prepare for “difficult conversations” and greater productivity.

Basket Economics: The big ambitions for e-commerce in Kroger's new game plan could mean tough times for a store base that's still catching up to ever-higher consumer expectations, analysts say.

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