Exclusive survey: 75% of consumers believe supermarkets profiteering
Despite the protestations of the big supermarkets about falling profits and investment in price, our new consumer survey shows that shoppers feel grocers are profiteering during this ongoing period of high inflation
Following representatives of the traditional big four supermarkets being hauled in front of the Commons business select committee to be grilled about the rising prices of food and fuel, new data produced for Retail Week by Walnut Unlimited shows customers are increasingly demanding answers too.
Of 2,001 respondents surveyed, 75% said they strongly agreed that supermarkets have been profiteering during this period of high inflation – compared with just 70% for banks and not far behind the 81% for electricity companies.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.