06/10/2024

In Ohio, the Grocery Industry is Both Prosperous, Challenging

Consumers are practicing care in what they purchase

Ohio's grocers have grappled with several significant challenges in recent months, according to Kristin Mullins, president and CEO of the Ohio Grocers Association.

Describing the complexity of the market as "a mixed bag of issues and successes," Mullins noted that factors such as inflation, labor challenges and escalating competition – combined with the rising cost of dining out – have impacted shopper behavior in a good news/bad news scenario for area grocers.

"The grocery industry here in Ohio can't be summarized as either prosperous or challenging – because it's both. Most retailers are still enjoying steady, if not slightly higher customer counts," Mullins said. "Is this good? I would say 'yes.' But if you were to ask me if the average cart is more profitable – the answer is 'probably not.'"

Please select this link to read the complete article from The Shelby Report.