Walmart, Aldi, Amazon, Dollar General, Costco Battle For Consumers’ Food Budgets

Unemployment may be low, jobs plentiful, and consumer spending holding up. However, consumers are still struggling with the rising cost of credit card debt, housing, and automobiles—expenses that defy easy solutions. However, managing the cost of groceries and other essentials, the leading expense for half the respondents in a recent TD Bank survey, is just a click or short drive away.

As consumers pull back on discretionary spending, major retailers in the grocery business are doubling down on the power of private-label brands to build traffic and loyalty. The boom is on.