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U.S. grocery sales drop as shoppers buy less despite rising prices, shifting focus to promotions and value.

Market News
16 Jul 2026
CNBC
View Source
Bearish
pluang ai news

In June, U.S. grocery unit sales fell 1.8% year-over-year as consumers cut back on purchases despite food prices rising about 33% since 2019. This decline marks a shift from previous growth driven by inflation, as shoppers increasingly seek cheaper brands, use coupons, and respond to promotions. Companies like PepsiCo, Walmart, and Kroger are adjusting by emphasizing price cuts and value deals to attract budget-conscious buyers. This trend highlights a broader consumer sensitivity to costs amid rising living expenses and reduced government benefits, signaling a move from dollar growth to volume growth in the grocery sector.

More News (PEP)

Three-time Ballon d'Or winner Aitana Bonmatí joins Gatorade to promote sports science and hydration in football.

Three-time Ballon d'Or winner Aitana Bonmatí joins Gatorade to promote sports science and hydration in football.

Ahead of the new football season, three-time Ballon d'Or winner Aitana Bonmatí has partnered with Gatorade, joining the brand's roster of top football talent. This collaboration highlights the importance of preparation, consistency, hydration, and sp...

Others
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8 hours ago
SCHD outperforms VIG in 2026 with higher yield and value focus; VIG excels in long-term dividend growth and diversification.

SCHD outperforms VIG in 2026 with higher yield and value focus; VIG excels in long-term dividend growth and diversification.

In 2026, the Schwab U.S. Dividend Equity ETF (SCHD) leads with a 25.6% year-to-date return, driven by its focus on current yield, value sectors, and energy exposure. Meanwhile, the Vanguard Dividend Appreciation ETF (VIG) prioritizes dividend growth ...

Market News
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1 day ago
PepsiCo hits highest dividend yield since 1990s amid market challenges, seen as a strong buy by analyst.

PepsiCo hits highest dividend yield since 1990s amid market challenges, seen as a strong buy by analyst.

PepsiCo, owner of over 30 billion-dollar brands, faces challenges in its North American beverage segment, losing market share to competitors like Coca-Cola. Despite this, its free cash flow yield is nearly 5%, the highest in a decade, and its dividen...

Analyst Insights
Bullish
1 day ago
PepsiCo shares seen rising 15% with strong dividends and growth outlook into 2026

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PepsiCo is positioned for a 15.25% share price increase over the next year, supported by a 54-year dividend streak and a recent 4% dividend hike. The company reported solid Q2 FY26 earnings with 6.4% revenue growth and strong international volume gai...

Company Fundamentals
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PepsiCo reports progress on 2025 ESG goals including emissions cuts, sustainable agriculture, and healthier products.

PepsiCo reports progress on 2025 ESG goals including emissions cuts, sustainable agriculture, and healthier products.

PepsiCo released its 2025 ESG Summary highlighting advances in sustainability and health goals under its pep+ initiative. The company expanded regenerative agriculture to 4.7 million acres and sourced 96% of its electricity from renewables. It reduce...

Market News
Bullish
1 day ago
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