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Surveys reveal false perceptions of inflation, grocery store profits

Consumers across the country – and especially in Oklahoma – are inclined to believe that inflation has had a greater effect on grocery store prices than it actually has and that grocery store profits are much higher than they actually are, a study by a national provider of data for business analytics has found.

United statesWest virginiaMatt ogradyUs bureau of labor statisticsConsumer trends trackerMatto grady

Trendspotting: Inflation worries are driving customer sentiment

Americans believe that grocery retailers are earning a 35.2 percent net profit margin, more than 10 times higher than grocers’ actual net profit margin average of 2.5 percent, and that food-at-home inflation is 24.3 percent, double the annual rate reported by the U.S. Bureau of Labor Statistics, according to the latest dunnhumby Consumer Trends Tracker. The CTT is part of the dunnhumby Quarterly, a strategic market analysis of key retail themes, with the third edition being focused on navigating uncertainty.

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Your net profit margin? Consumers think it s way higher than it is

A new survey reveals that shoppers are greatly overestimating retailer profit margins and inflation rates

United statesWest virginiaMatt ogradyUs bureau of labor statisticsLabor statisticsConsumer trends tracker

Americans Believe Grocery Store Profits are 14 Times Higher than Reality and Inflation is Twice as High as Actual, dunnhumby Finds

Americans Believe Grocery Store Profits are 14 Times Higher than Reality and Inflation is Twice as High as Actual, dunnhumby Finds
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United statesWest virginiaMatt ogradyUs bureau of labor statisticsLabor statisticsConsumer trends trackerMatto gradyRetailer preference index

Fury at cathedral bosses for selling treasured site of First World War memorial

The Cathedral Church of the Holy Spirit in Guildford, Surrey, says it needed to sell the site to raise some much-needed cash for building repairs.

United kingdomCounty of surreyDominion of canadaMatt ogradyRichard onslowRichard bedford bennettCharity commissionCathedral churchVimy foundationGuildford borough councilWorld war oneHoly spiritViscount richard bedford bennettFirst world warGuildford cathedralFirst world

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