Diners weakening restaurants, which increases the prospect of the boost for retailers
* Food retail growth surplus restaurants * Recognizing trends during locking * Trump’s rates expressed concern about continuing inflation by Paolo Laudani August 20 (Reuters) – Cash -conscious consumers who prefer to eat rather than eat have the prospect for a surge in earnings for supermarkets and food delivery firms, according to data, according to data. US President Donald Trump’s tariff policy has added to economic uncertainty, increased the likelihood of stubborn inflation and caused consumers to question whether restaurants are worth the cost. “I eat a lot more at home, because first of all it is much more expensive, and quality is not always guaranteed,” Florence teacher Marilena Graziano told Reuters. Dutch retailer Ahold Delhaize, owner of the Food Lion and Giant stores in the United States, said earlier this month that it increased his offers that were adapted to low-cost eating. “We have solutions to customers to eat a very affordable meal of $ 2.50 per person at home with the family,” said Ahold CEO Frans Muller this month. “We have increased a lot of the statement in our stores.” The shift indicates a revival of the boom to eat at home during the Covid-19 pandemic when people could not go out. Home delivery companies such as Just Eat.com made record sales, although they struggled as soon as the restrictions on the closure were lifted. Figures from Rabobank and Eurostat show that the sales volumes of food retailers have been adjusted for inflation in supermarkets, hypermarkets and similar stores in the eurozone between January and May this year by 1.5%. This compares with 0.1% growth over the same period last year. For food and beverage services, such as restaurants and bars, the metric fell by 0.3%. Last year’s growth was at 0%. Restaurants delay the inflation-adjusted figures that recover sales at supermarkets faster than at restaurants, especially for routine meals in the weekday, Rabobank analyst Maria Castroviejo told Reuters. Castroviejo quoted the growing popularity of grab-and-go meals, salads, casings and sandwiches. “This offer has increased a lot and improved and we know that it takes away some demands from certain food service players,” she said. Delivery hero, which owns Glovo and Foodpanda, said consumers go out less in times of economic hardship, but will be a cheaper alternative. In a survey, among others, 5,000 American adults commissioned by Hellofresh, a German meal manufacturer who earns most of its revenue in North America, 93% of them expected to cook as much as last year or more in the next year. Among those who plan to cook more at home in the next year, more than three quarters says the economy is a factor. Visits to grocery stores gradually exceeded these to restaurants and bars in the US, showing the data from foot traffic detection firm Placer.AI. The data showed that visits to grocery stores grew by 1.3% in June, dropping 0.4% for restaurants in the same months. Jenny Russmann, who works for an international organization in Vienna, is one of those using supermarkets. “I switched over a month ago to eat at home because I just want to be healthier and especially costs.” In Milan, Chiara Schiavoni, who employed at the regional administration, said she prefers to eat at home as prices rise and the portions of restaurants shrink in Italy’s financial capital. “I get seven-Euro food vouchers at work and I can’t even buy a sandwich, which costs about nine euros in restaurants in my office,” she said. “On the other hand, I can use it in supermarkets where it is all more convenient.” ($ 1 = 0.8566 euros) (Reporting by Paolo Laudani in Gdansk; Additional Reporting by Dimitri Rhodes, Vera Dvorakova, Laura Contemori and Bernadette Hogg; Editing by Matt Scuffham and Barbara Lewis)