Daily Brew Dec 13, 2022
US holiday food shopping tops last year’s bill despite financial hardships
Data from the Food Industry Association (FIA) reveals that US shoppers are spending even more money at stores compared to 2021 – indicating market hope for the F&B economy as the end-of-year festivities draw 2022 to a close. “Food is the centerpiece for so many of our holiday gatherings. Despite inflationary pressures, consumers are determined to enjoy the festivities this year as they normally do,” comments Leslie Sarasin, president and CEO of FMI.